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Element 1 Corp Announces Road Testing of World’s First Medium-Duty Fuel Cell Truck with Proprietary Onboard Hydrogen Generation

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Element 1 Corp (e1 or the Company), a leading developer of hydrogen generation technology, in collaboration with Co-Win Hydrogen Power Company Limited (CO-WIN), announced today that e1s proprietary methanol-based M-Series hydrogen generator has been incorporated onto a medium-duty fuel cell truck produced by one of the worlds largest truck manufacturing companies. Extended road testing of the vehicle is underway in Asia and represents a significant milestone towards the commercialization of e1s onboard hydrogen generation technology. The Company stated that it is becoming increasingly engaged with partners around the world on a wide range of hydrogen energy projects.

Globally, particulate matter emissions from combustion engines burning fossil fuels causes millions of premature deaths annually. These dangerous emissions are not produced by fuel cell powered vehicles as the only emission is water vapor. The M-Series produces no particulate matter in the generation of hydrogen, and when using methanol produced from waste gas streams such as landfill gas or biogas, e1s hydrogen generation solution is carbon neutral.

CO-WIN is both a valued strategic partner and licensee of e1, and we are excited to be working with them on this fuel cell truck project, said Dave Edlund, e1s Chief Executive Officer. The hydrogen generation technology being deployed is unique to e1 and is a game changer for clean transportation. To my knowledge, no other company in the world can provide a commercial onboard hydrogen generation product comparable to our M-Series product line. Our broad collaboration with CO-WIN is expected to result in the mass commercialization of fuel cell systems supporting not only transportation, but also telecom and distributed power applications throughout the Asian market.

William Tang and Ken Tang, shareholders of CO-WIN and e1 stated, We believe our onboard fuel cell system incorporating the e1 technology will provide clean and reliable power solutions for the Asian market which are also environmentally friendly and cost effective. We look forward to working with both e1 and our Asian partners on this vehicle demonstration project and the ensuing large-scale commercial rollout of this unique and enabling technology.

Fuel cell vehicles typically require a pure grade of hydrogen in order to produce the electricity needed for propulsion. Historically, this hydrogen has been compressed and stored on the vehicle, which necessitates a costly network of hydrogen refueling stations to be developed. In many regions of the world, building out this infrastructure is simply not feasible. On-demand hydrogen generation from liquid methanol onboard the vehicle mitigates the need for hydrogen fueling infrastructure. In regions where stationary hydrogen refueling stations are being installed, e1s L-Series product line provides a very cost effective, modular solution for generating fuel cell grade hydrogen on-site.

The methanol used by e1s hydrogen generators requires a fraction of the space onboard the vehicle compared to compressed hydrogen, enabling significantly greater driving range between fueling. This range extension is critical for heavy- and medium-duty fuel cell trucks traveling long distances each day. In addition to fuel cell truck applications, e1 is experiencing considerable world-wide interest from firms developing fuel cell powered marine vessels. The Company expects to be making significant announcements in the coming weeks relative to on-board hydrogen generation for marine applications in both the commercial and military space.

Element 1 Corp (Bend, Oregon):

Element 1 designs and develops novel processes to enable the commercialization of clean-energy products and processes, and alternative-energy technology. Through licensing our IP to strategic partners, our mission is to significantly reduce barriers to the adoption of hydrogen technology and fuel cells for a range of applications, and to reduce the waste and pollution associated with flaring natural gas. For more information about Element 1, please visit www.e1na.com.

CO-WIN (Guangzhou, China):

CO-WIN implements and manufactures hydrogen powered systems. The product range covers vehicles, telecommunication, backup and continuous power supplies, and more. Please visit our website www.co-win-hp.com for more information.

Media Contact:

Robert Schluter

President

Element 1 Corp

Phone: 541.678.5943

E-mail: [email protected]

e1 Investor / Analyst Contact:

Greg Haugen

CFO

Element 1 Corp

Phone: 541.639.1711

E-mail: [email protected]

CO-WIN Asia General Contact:

Rick Ho

Deputy Project Development Manager

Co-Win Hydrogen Power Co. Ltd.

Phone (852) 68009238

E-mail: [email protected]

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COVID-19: Global Air Ambulance Market 2020-2024 | Increasing Prevalence of Infectious Diseases to Boost Market Growth | Technavio

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Technavio has been monitoring the air ambulance market and it is poised to grow by USD 4.27 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have At Par impact on the air ambulance market. The market growth in 2020 is likely to Increase compared to the market growth in 2019.

Frequently Asked Questions-

  • What are the major trends in the market?
  • Emergence of advanced onboard medical treatment is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 10%, the incremental growth of the market is anticipated to be USD 4.27 billion.
  • Who are the top players in the market?
  • Air Ambulance Worldwide, Air Methods Corp., Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., IAS Medical Ltd., KKR & Co. Inc., Luxembourg Air Rescue Asbl, PHI Inc., and REVA Inc. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Increasing prevalence of infectious diseases is one of the major factors driving the market. However, the high air ambulance service charges restraints the market growth.
  • How big is the North America market?
  • The North America region will contribute 49% of market growth.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Air Ambulance Worldwide, Air Methods Corp., Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., IAS Medical Ltd., KKR & Co. Inc., Luxembourg Air Rescue Asbl, PHI Inc., and REVA Inc. are some of the major market participants. The increasing prevalence of infectious diseases will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this air ambulance market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Air Ambulance Market 2020-2024: Segmentation

Air Ambulance Market is segmented as below:

  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • Service
    • Hospital-based Service
    • Community-based Service
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43344

Air Ambulance Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The air ambulance market report covers the following areas:

  • Air Ambulance Market Size
  • Air Ambulance Market Trends
  • Air Ambulance Market Analysis

This study identifies emergence of advanced onboard medical treatment as one of the prime reasons driving the air ambulance market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Air Ambulance Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist air ambulance market growth during the next five years
  • Estimation of the air ambulance market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the air ambulance market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of air ambulance market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Service

  • Market segments
  • Comparison by Service
  • Hospital-based service – Market size and forecast 2019-2024
  • Community-based service – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Service

Market Segmentation by aircraft type

  • Market segments
  • Comparison by aircraft type
  • Rotary-wing aircraft – Market size and forecast 2019-2024
  • Fixed-wing aircraft – Market size and forecast 2019-2024
  • Market opportunity by aircraft type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers “ Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Air Ambulance Worldwide
  • Air Methods Corp.
  • Augsburg Air Ambulance
  • Babcock International Group Plc
  • EMSOS Medical Pvt. Ltd.
  • IAS Medical Ltd.
  • KKR & Co. Inc.
  • Luxembourg Air Rescue Asbl
  • PHI Inc.
  • REVA Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

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Pioneer Floating Rate Trust Required Notice to Shareholders Sources of Distribution Under Section 19(a)

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Pioneer Floating Rate Trust (NYSE: PHD) today reported sources of distribution for October and this fiscal year to date.

 

Distribution Period

 

October 2020

Distribution Amount Per Share

 

$0.0625

 

The following table sets forth estimates of the character of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: Net Investment Income; Net Realized Short-Term Capital Gains; Net Realized Long-Term Capital Gains or Return of Capital. All amounts are expressed per common share.

 

 

 

 

 

Percentage

 

 

 

 

 

Make up of

 

 

 

 

Total

Total

 

 

 

Percentage

Cumulative

Cumulative

 

 

 

Make up of

Distributions

Distributions

 

 

Current

Current

Fiscal Year

Fiscal Year

 

 

Distribution

Distribution

to Date

to Date

 

Net Investment Income

 

$0.0419

67.0%

$0.6594

97.0%

 

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

 

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

 

Return of Capital

 

$0.0206

33.0%

$0.0206

3.0%

 

Total per Common Share

 

$0.0625

100.0%

$0.6800

100.0%

 

Note

Investors should not necessarily draw any conclusions about the fund’s investment performance from the amount of this distribution.

The fund estimates that a portion of the distribution does not represent income or realized capital gains. Therefore, such portion of the distribution may be a return of capital. A return of capital may occur when some or all of the money invested in the fund is returned to the investor. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be considered “yield” or “income.”

The amounts and sources of distributions reported under the notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon the fund’s investment experience during the remainder of its fiscal year and may be subject to change based on tax regulations. The fund will provide investors with a Form(s) 1099 for the calendar year that explains how to report these distributions for federal income tax purposes.

Pioneer Floating Rate Trust is a closed-end investment company traded on the New York Stock Exchange (NYSE) under the symbol PHD.

Keep in mind, distribution rates are not guaranteed. A funds distribution rate may be affected by numerous factors, including changes in actual or projected investment income, the level of undistributed net investment income, if any, and other factors. Closed-end funds, unlike open-end funds, are not continuously offered. Once issued, common shares of closed-end funds are bought and sold in the open market through a stock exchange and frequently trade at prices lower than their net asset value. Net Asset Value (NAV) is total assets less total liabilities divided by the number of common shares outstanding. For performance data on Amundi Pioneer’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

About Amundi Pioneer Asset Management

Amundi Pioneer is the U.S. business of Amundi, Europes largest asset manager by assets under management and ranked among the ten largest globally[1]. Boston is one of Amundis six main global investment hubs and offers a broad range of fixed-income, equity, and multi-asset investment solutions in close partnership with wealth management firms, distribution platforms, and institutional investors across the Americas, Europe, and Asia-Pacific. Our long history of proprietary research, robust risk management, disciplined investment processes, and strong client relationships has made Amundi Pioneer an investment adviser of choice among leading institutional and individual investors worldwide. Amundi Pioneer had approximately $85 billion in assets under management as of June 30, 2020.

[1] Source IPE Top 500 asset managers published in June 2020 and based on AUM as of end December 2019.

Visit amundipioneer.com/us for more information.

Follow us on www.linkedin.com/company/amundi-pioneer and https://twitter.com/amundipioneer.

Amundi Pioneer Distributor, Inc., Member SIPC

2020 Amundi Pioneer Asset Management

Shareholder Inquiries: Please contact your financial professional or visit amundipioneer.com/us.

Broker/Advisor Inquiries Please Contact: 800-622-9876

Media Inquiries Please Contact: Geoff Smith, 617-422-4758

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The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against HDFC Bank Limited (HDB)

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The Law Offices of Frank R. Cruz reminds investors of the upcoming November 2, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased HDFC Bank Limited (“HDFC Bank” or the “Company”) (NYSE: HDB) securities between July 31, 2019 and July 10, 2020, inclusive (the Class Period).

If you are a shareholder who suffered a loss, click here to participate.

On July 13, 2020, media reported that HDFC Bank had “conducted a probe into allegations of improper lending practices and conflicts of interests in its vehicle-financing operations involving the unit’s former head.”

On this news, HDFC Bank’s American depositary receipt price fell $1.37 per share, or nearly 3%, to close at $47.02 per share on July 13, 2020, thereby injuring investors.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) HDFC Bank had inadequate disclosure controls and procedures and internal control over financial reporting; (2) as a result, the Bank maintained improper lending practices in its vehicle-financing operations; (3) accordingly, earnings generated from the Bank’s vehicle-financing operations were unsustainable; (4) all the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Bank’s financial condition and reputation; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased or otherwise acquired HDFC Bank securities during the Class Period, you may move the Court no later than November 2, 2020 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

[email protected]

www.frankcruzlaw.com

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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