LONDON, UK, July 8, 2024 – SLB and TotalEnergies announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, utilization, and sequestration (CCUS).

The companies will integrate advanced digital capabilities, including artificial intelligence (AI), with new and existing applications on SLB’s extensible Delfi digital platform, adhering to the Open Group’s OSDU® Technical Standard. SLB and TotalEnergies will combine digital and domain expertise to accelerate the development and deployment of digital solutions at scale. The co-development will benefit TotalEnergies’ global operations and SLB’s worldwide customer base.

“Collaboration and knowledge sharing are key for our industry to continuously develop more effective ways of unlocking energy access,” said Rakesh Jaggi, president of SLB’s Digital & Integration business. “With this visionary partnership, we’re combining the know-how and expertise of both companies to accelerate the delivery of new digital capabilities that will benefit the whole industry.”

The partnership will initially focus on subsurface digital solutions for reservoir engineering and geoscience modeling and interpretation, leveraging Delfi on-demand reservoir simulation (ODRS). These processes will be accelerated and automated using AI and real-world learnings from both companies.

“Through this digital partnership we will develop cutting-edge next-generation software, digital applications and new algorithms applied to geoscience. Thanks to these innovative modeling technologies, we will not only be better able to utilize the analyses of geological reservoirs and basins in the Oil & Gas sector to reduce emissions but also to make further progress in geological carbon storage,” said Namita Shah, president, OneTech at TotalEnergies.

About SLB

SLB is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.

For more information, visit slb.com.

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Their more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

CLEVELAND, OH, June 28, 2024 – Intelligent power management company Eaton is adding multiple clean energy projects to its global operations, accelerating progress on the company’s goals to reduce carbon emissions by 50% and achieve carbon neutral operations by 2030. New solar deployments will help power innovation and manufacturing, substantially reducing Eaton’s carbon footprint and energy costs.

Eaton is adding multiple clean energy projects to its global operations, accelerating progress on the company’s goal to achieve carbon neutral operations by 2030. (Photo: Business Wire)

“Now is the time to act boldly on sustainability. At Eaton, we’re tackling the energy transition from all angles and working with our customers to do the same,” said Harold Jones, chief sustainability officer and executive vice president, Eaton Business System, Eaton. “Our latest clean energy projects will help us accelerate our decarbonization goals while improving operational efficiency and costs. This is just the beginning and there will be many more renewable projects to come.”

Eaton’s latest clean energy investments are part of the company’s broad initiative targeting a 50% reduction in carbon emissions across its operations by 2030. Harold Jones will deliver a keynote address focused on how the company is accelerating progress on the energy transition and decarbonization across its operations and for customers during the Reuters Energy Transition 2024 event in New York City on June 27.

Eaton’s latest clean energy projects will add to the company’s onsite renewable energy deployments powering its operations, already reducing emissions more than 20,000 metric tons annually, and include:

• Clean energy microgrid project in Las Piedras, Puerto Rico that will add solar and storage to reduce carbon footprint and boost energy resilience powering manufacturing
• Solar PV installation in China is helping sustainably power Eaton operations in Jining was completed in 2024
• Solar carports at various sites in France to adhere to upcoming regulatory mandates

Eaton has deployed multiple solar projects across its global operations since 2009, helping power innovation, manufacturing and industry education. This includes Eaton’s first-of-its-kind clean energy project in Arecibo, Puerto Rico completed earlier this year.

Eaton has taken an Everything is a Grid approach to the energy transition that enables flexible energy systems and reflects that there is no one-size fits all strategy to decarbonization. Learn more about how Eaton is simplifying a safe energy transition.

About Eaton

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. They make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. They reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries.

For more information, visit www.eaton.com.

MILAN, Italy, June 27, 2024 – Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, is collaborating with Drillmec, a global on- and offshore drilling specialist based in Italy that is developing new, innovative storage technologies.

Rockwell Automation is collaborating with Drillmec, a global on- and offshore drilling specialist based in Italy that is developing new, innovative storage technologies. Using Allen-Bradley PowerFlex TL XT 755 AC drives, Drillmec’s automated drilling system is more precise and targeted than its predecessors. This enables it to achieve the desired end state — the creation of an ingress point for new carbon-storage facilities — in less time, using fewer materials, and less energy.

Drillmec’s advanced technology uses data-driven intelligence and precision automation to make drilling ingress points for new carbon storage facilities faster, easier, safer and more cost effective. This initiative underpins Drillmec’s drive to develop solutions that draw on its drilling and rig expertise to reduce emissions and achieve environmental goals.

Carbon capture and storage initiatives involve trapping carbon at the point of emission – for example, in a factory – and then pumping it to a suitable underground storage facility where it is permanently stored, preventing it from being released into the atmosphere.

Using Allen-Bradley PowerFlex TL XT 755 AC drives, Drillmec’s automated drilling system is more precise and targeted than its predecessors. This enables it to achieve the desired end state — the creation of an ingress point for new carbon-storage facilities — in less time, using fewer materials, and less energy, than was the case with previous systems.

Through greater efficiency, increased automation and other advanced features, the new technology will also reduce the number of staff required onsite. This will help control costs and improve site safety.

Drillmec’s technology is suitable for use onshore and offshore. By lowering costs, it helps to lower the barrier to entry for new carbon capture, usage and storage (CCUS) facilities. This has the potential to significantly lower emissions related to a whole range of industrial and domestic uses. As well as providing technology, Rockwell Automation has been working closely with Drillmec to optimize the drilling workflow for maximum efficiency and minimum emissions.

“Helping our partners in industry to improve sustainability and reduce emissions is one of Rockwell Automation’s guiding principles,” said Steffen Zendler, global business development manager – sustainability at Rockwell Automation. “This project does exactly that. We’re very pleased to be working with Drillmec to make carbon capture and storage not just possible, but technically and commercially attractive.”

“We are excited to be bringing to market this new drilling technology, specifically designed to enable the development of carbon capture and storage sites,” said Mohamed Housny, vice president of marketing at Drillmec. “Rockwell Automation technology and expertise has been central to achieving the intelligence, precision and control required for the new technology to be a success. We look forward to continuing to work with Rockwell Automation on this and future projects.”

About Drillmec

Drillmec is an international leader in design, manufacturing and distribution of drilling and workover rigs for onshore and offshore applications as well as a wide range of drilling equipment.

The results achieved in over 100 years of international experience have been recognized by customers worldwide and stem from their commitment to continuous improvement through the pursuit of high quality, strong focus on human resources and emphatic efficiency throughout the whole process.

Three principles lie at the core of our company’s identity: safety, environment and innovation. Their worldwide reputation of reliability is a reflection of our extensive engineering development, timely deliveries and excellent after-sales service.

Drillmec is a truly global company but remains deeply connected to their roots in the Mechanical Engineering Heart of Italy.

For more information, visit www.drillmec.com.

About Rockwell Automation

Rockwell Automation, Inc., is a global leader in industrial automation and digital transformation. They connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, WI, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries.

For more information, visit www.rockwellautomation.com.

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MUNICH, Germany, June 24, 2024 – At Intersolar Europe, the world’s leading solar industry exhibition, Hanshow is making its mark unveiling its digital energy solutions. Hanshow is proud to introduce its latest lightweight solar components. Designed for ease of installation and superior performance, these components mark a significant advancement in solar technology.

Hanshow at Intersolar Europe 2024 (Photo: Business Wire)

Hanshow provides customized solar systems tailored to each client’s unique energy needs and sustainability objectives. This bespoke approach optimizes each solution for maximum performance and reliability, enabling clients to achieve their green energy goals while maintaining operational efficiency and cost-effectiveness.

These solutions seamlessly integrate into existing energy infrastructures, enhancing efficiency and promoting the adoption of clean, renewable energy sources. By addressing every aspect of the energy value chain, Hanshow ensures a holistic approach to energy management and sustainability.

Comprehensive Digital Energy Solutions

Hanshow offers a comprehensive range of digital energy solutions that cover the entire value chain, including industrial and commercial distributed photovoltaic power generation systems, energy storage systems, and charging pile systems.

Flexible Financing Options

Hanshow’s comprehensive approach reduces the need for multiple vendors by offering flexible financing options that minimize upfront costs and operational risks. The Power Purchase Agreement (PPA) financing and leasing support model streamlines the renewable energy transition by providing development, financing, construction, and maintenance all under one roof.

High-Quality and Performance Standards

Hanshow is backed by established engineering management expertise, reliable professional and technical skills, robust business development capabilities, efficient resource integration, and comprehensive service operations.

360° Sustainable Transition

Hanshow provides a seamless and efficient approach for businesses of all types to adopt renewable energy, reduce their carbon footprint, and enhance overall sustainability.

Advanced Energy Storage and EV Charging Solutions

Hanshow’s energy storage component features a 400 kWh capacity, ensuring efficient use of solar power by storing excess energy for use during non-sunlight hours and electric vehicle charging component with 360 kW capacity, providing essential infrastructure to support the adoption of electric vehicles.

Innovating for the Future

Later this year, Hanshow and Singfilm Solar will inaugurate a joint research laboratory dedicated to advancing solar technology. This collaborative effort aims to develop a new generation of solar cells that will feature significantly higher efficiency, an extended lifespan, and reduced production costs.

About Hanshow

Hanshow is a global leader in developing and manufacturing electronic shelf labels and digital store solutions. The company offers customers a series of customized IoT touchpoints and digital store solutions that deliver customer-centric insights. Hanshow’s solutions have provided services to a vast number of stores in over 50 countries and regions, helping them streamline operations, optimize pricing strategies, and offer consumers a more personalized experience.

For more information, visit www.hanshow.com.

IRVINE, CA, May 30, 2024 – Infinite Electronics, a global portfolio of leading in-stock connectivity solution brands, has embarked on a substantial reforestation endeavor in collaboration with One Tree Planted, a prominent nonprofit dedicated to restoring global forests. The initiative follows a month-long drive wherein Infinite pledged to plant a tree for every online transaction made across an extensive portfolio of nearly a dozen of its brands.

“At Infinite Electronics, our commitment to sustainability and ecological stewardship is ingrained in our corporate ethos,” said Penny Cotner, the company’s CEO. “We’re delighted to continue working with One Tree Planted on this impactful campaign, and to continue fostering environmental awareness within our spheres of influence.”

Participating e-commerce brands under Infinite’s umbrella included Pasternack, Fairview Microwave, L-com, MilesTek, ShowMeCables, NavePoint, PolyPhaser, Transtector and Aiconics. Now entering its third year, this initiative has collectively facilitated the planting of over 33,000 trees across various regions worldwide.

Trees, as vital components of the Earth’s ecosystem, play an indispensable role in mitigating climate change and preserving biodiversity, encompassing over 80 percent of terrestrial species. Moreover, forests serve as invaluable sources of employment for millions globally, while also serving as carbon sinks and reservoirs of medicinal resources. Through its community-centric initiative, Infinite Cares, Infinite Electronics remains steadfast in its commitment to sustainability, championing philanthropic causes and volunteerism to effect positive change.

For information on One Tree Planted, visit onetreeplanted.org.

About Infinite Electronics, Inc.

Infinite operates a global portfolio of leading in-stock connectivity solution brands. The brands help propel the world’s innovators forward by working urgently to provide products, solutions and real-time support for their customers. Backed by Warburg Pincus, Infinite’s brands serve customers across a wide range of industries with a broad inventory selection, same-day shipping and 24/7 customer service.

For more information about Infinite Electronics, please visit www.infiniteelectronics.com.

BEDFORD, MA, Apr 30, 2024 – Aspen Technology, Inc., a global leader in industrial software, announced that David Henshall has been appointed to its Board of Directors.

Mr. Henshall most recently served as chief executive officer at Citrix Systems, Inc., a leading multinational provider of cloud computing and virtualization technology, where he held executive roles for nearly twenty years. Mr. Henshall played a key role in accelerating Citrix’s cloud transition, modernizing the product portfolio to enable more than 11 million subscribers of the company’s SaaS services. Prior to his role as CEO, he served as chief operating officer and chief financial officer at Citrix, overseeing the company’s worldwide finance, operations, and administration organizations.

Before joining Citrix, Mr. Henshall served as chief financial officer of Rational Software Corp., a software company acquired by IBM Corporation, and held various finance positions at Cypress Semiconductor Corp. and Samsung Semiconductor Corp.

“I am delighted to welcome David to AspenTech’s Board of Directors,” said Antonio Pietri, president and CEO of AspenTech. “His proven leadership credentials and his successful experience in advancing a customer-first culture will be invaluable to AspenTech as we continue to innovate to best help asset-intensive industries around the world successfully navigate the energy transition.”

“AspenTech is uniquely positioned in the market with unmatched domain expertise and a digital solutions portfolio critical to helping customers across industries and geographies achieve both their operational and sustainability objectives,” said Henshall. “I am honored to join this experienced, innovative and visionary team and am looking forward to taking on this leadership role.”

An experienced public company board director, Mr. Henshall also actively serves as the chairman of the board of directors of Everbridge, Inc., is a member of the board of directors HashiCorp, Inc. and Feedzai, Inc, and is a former member of the boards of directors of New Relic, Inc. and LogMeIn, Inc. He holds a bachelor’s degree in business administration from the University of Arizona and a master’s degree in business administration from Santa Clara University.

About AspenTech

Aspen Technology, Inc. is a global software leader helping industries at the forefront of the world’s dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. AspenTech solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle. Through their unique combination of deep domain expertise and innovation, customers in capital-intensive industries can run their assets safer, greener, longer, and faster to improve their operational excellence.

To learn more, visit AspenTech.com.

STOCKHOLM, Sweden, Apr 29, 2024 – MetaFold Academy, an innovative training initiative aimed at advancing green manufacturing practices within the automotive sector, has been launched this fall. Supported by a nearly €5 million grant from the European Institute of Innovation and Technology (EIT) Manufacturing, MetaFold Academy is set to transform the landscape of industrial education across Sweden, Greece, Italy, and Hungary.

MetaFold Academy is designed to address the urgent need for an industry-wide transition towards more sustainable practices. The project will focus on imparting skills in eco-innovation, energy efficiency, and resource management through a cutting-edge modular training program. This initiative is set to enhance the competencies of 250 engineers and designers from the automotive, aerospace, and energy industries, equipping them with the knowledge to implement novel green technologies within their operations.

“The launch of MetaFold Academy marks a significant milestone in our commitment to fostering sustainable industrial practices,” said Jonas Nyvang, co-founder of Stilfold, the technology provider for the training program. “Through this initiative, we aim to empower professionals with the tools and knowledge necessary to drive the Green Industrial Transformation.”

Volvo Group, one of the world’s leading manufacturers of trucks and construction equipment, has joined as a pilot customer, emphasizing the relevance and urgency of integrating sustainable technologies in manufacturing processes. The collaboration with Volvo Group will allow participants to apply their learning in real-world settings, promoting the widespread adoption of innovative practices.

MetaFold Academy will operate through a network of four training centers, each located in a participating country. These centers will serve as hubs for innovation and practical training, offering courses that combine online and hands-on modules. Participants will engage with advanced teaching methodologies such as micro-learning, extended reality, and challenge-based learning.

“By aligning with the European Green Deal, MetaFold Academy is poised to make a significant impact on the manufacturing industry,” stated Tue Beijer, co-founder of Stilfold. “We are dedicated to creating a sustainable future through education and are excited to see the transformative impact of our training program.”

The initiative is further supported by a consortium of leading educational and research institutions, including TF CC in Greece, MADE Competence Center I4.0 in Italy, and PBN in Hungary, each bringing unique expertise and facilities to the project.

MetaFold Academy is not just a training program but a visionary project that aims to reshape the future of manufacturing. By fostering a skilled workforce that can leverage advanced metal forming technologies, MetaFold Academy is setting the stage for a more sustainable and efficient industrial environment.

About STILRIDE

STILRIDE is a Swedish technology and design company that develops products based on sustainable industrial origami – STILFOLD. STILFOLD is a patent-protected method for producing smart, light and durable constructions that can be folded from flat materials in a digital value chain.

For more information, visit www.stilride.com.

BEDFORD, MA, Apr 29, 2024 – Aspen Technology, Inc., a global leader in industrial software, introduced AspenTech Strategic Planning for Sustainability Pathways – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments. The AspenTech Strategic Planning solution was developed through a licensing agreement with Aramco, one of the world’s leading integrated energy and chemicals companies. Based on this successful effort, AspenTech also announced that it is launching an expanded co-innovation program to bring together leading owner operators and EPC companies to collaboratively innovate a wider strategic planning solution portfolio to attempt to optimize across multiple sustainability pathways.

As companies make significant investments in technologies to mitigate greenhouse gas emissions, AspenTech’s Strategic Planning solution aims for these large capital investments to drive value and impact sustainability goals. They are also expected to support long-term operational performance objectives.

Rasha Hasaneen, chief product and sustainability officer at Aspen Technology said, “Asset intensive industries play a critical role in the path to global net-zero, and carbon capture is an important pathway for our customers and requires significant capital investment. This is the focus of our new strategic planning solution – helping to optimize CAPEX and OPEX investments across the entire carbon capture value chain.”

Dr. Vikas Dhole, general manager, sustainability solutions at Aspen Technology, said “Carbon capture is but one sustainability pathway. Through the expanded co-innovation program, we will continue to broaden our solutions into other pathways to help the asset intensive industries to simultaneously address sustainability and operational performance objectives, given the significant investment that is projected in this area.”

To learn more about AspenTech’s solutions and its co-innovation program, please visit AspenTech Sustainability.

About Aspen Technology

Aspen Technology is a global software leader helping industries at the forefront of the world’s dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. AspenTech solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle. Through our unique combination of deep domain expertise and innovation, customers in asset-intensive industries can run their assets safer, greener, longer and faster to improve their operational excellence.

To learn more, visit AspenTech.com.

BEDFORD, MA, Apr 18, 2024 – Aspen Technology, Inc., a global leader in industrial software, announced that Mark Browning, a longtime power and utilities industry executive, has joined the company as a strategic advisor. Browning has spent the last two decades in executive positions at Exelon, the largest US utility company, serving more than 10 million customers. Most recently, Browning was chief information officer with overall responsibility for IT across Exelon’s family of transmission and distribution utility companies.

Decarbonization, electrification and increasing climate and cyber threats are introducing new levels of grid complexity and unpredictability, bringing the power and utilities industry to a critical juncture. Customers around the world are working to improve resiliency of their grids, accelerate their transition to renewables and enhance operational excellence and safety.

“Utilities around the world are turning to AspenTech today for advanced digital solutions to support the rapid expansion of renewables, modernize their grids and ensure the resiliency of their operations,” said Antonio Pietri, president and CEO of AspenTech. “With a distinguished career in power and utilities, Mark brings deep strategy and operations experience to enhance the value-based outcomes that AspenTech delivers to customers in this industry. As a thought leader, we look forward to his guidance as we support the industry in achieving the Utility of the Future.”

“I’m delighted to join the AspenTech team at this important inflection point for the power and utilities industry,” said Browning. “The energy transition and electrification create significant operational challenges impacting all stakeholders across electricity generation, transmission and distribution. AspenTech has established itself as a strategic partner to power and utilities and I’m eager to play a role in supporting the Company’s continued innovation, value creation and talent strategy.”

Later this month in Houston, more than 1,200 individuals from asset-intensive companies will attend OPTIMIZE 24, AspenTech’s global customer event. Browning will join Pietri and other industry leaders in a plenary session exploring how organizations are making strategic choices to succeed in the new energy system. With approximately 500 power & utilities customers anticipated to attend the event, OPTIMIZE 24 will include dedicated industry sessions and a Digital Grid Management track for this specific audience.

About Aspen Technology

Aspen Technology is a global software leader helping industries at the forefront of the world’s dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. AspenTech solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle. Through our unique combination of deep domain expertise and innovation, customers in capital-intensive industries can run their assets safer, greener, longer and faster to improve their operational excellence.

To learn more, visit AspenTech.com.