Latest news with #RNG
Cision Canada
4 days ago
- Business
- Cision Canada
FortisBC's Clean Growth Innovation Fund gets greenlight for next phase
BCUC approval ensures ongoing support for innovative energy projects in B.C. SURREY, BC, June 17, 2025 /CNW/ - FortisBC Energy Inc. (FortisBC) is pleased to announce that it has received approval from the British Columbia Utilities Commission (BCUC) to continue its Clean Growth Innovation Fund. The funding will further accelerate efforts to drive innovation in B.C.'s energy sector. The continuation of this initiative, which is part of FortisBC's 2025-2027 Rate Setting Framework, reinforces the company's commitment to help to advance innovation projects that support the transition to a lower carbon energy future for British Columbia. "We are incredibly excited to continue the momentum of the Clean Growth Innovation Fund and to bring even more innovative projects to life," said Jamie King, director of innovation and measurement at FortisBC. "As a critical energy provider committed to advancing the transition to a lower carbon energy future, this will allow us to support new applications, allowing more organizations to secure funding for projects that will have a real impact in meeting B.C.'s energy needs." Building on the success of the initial fund, FortisBC remains dedicated to advancing new innovative energy projects and will provide approximately $5.5 million to the Clean Growth Innovation Fund per year from 2025 to 2027 to help it work with academia and industry to learn what reliable and cost-effective solutions may be possible to lower emissions. Since its launch in 2020, the Clean Growth Innovation Fund has committed funding for more than 65 innovative projects, totalling more than $20 million in funding. These projects, including innovations in Renewable Natural Gas 1 (RNG) and hydrogen research, have provided valuable insights to both the organizations that received funding and FortisBC as the company works to help advance B.C.'s climate goals. Examples include the Simon Fraser University-based Clean Hydrogen Hub, Point 3 Biotech's groundbreaking manure processing innovation for RNG production and research and collaboration with the University of British Columbia (UBC) Okanagan on hydrogen technologies. Another project is a collaboration with UBC, where Dr. Ryan Ziels and his team are conducting research to stimulate biomethane production from a specialized microbial community using direct application of renewable electricity into an anaerobic digester—unlocking more RNG from the same amount of organic waste. "We're exploring how to harness beneficial microbial communities in a way that enhances RNG production from existing digesters," said Dr. Ziels, associate professor at UBC. "This collaboration with FortisBC is helping to drive RNG innovation, with the potential to not only produce more RNG from organic waste streams, but to also turn digesters into flexible renewable energy storage systems." As a provider of critical energy services to nearly 1.3 million homes and businesses across the province, FortisBC plays a vital role in meeting B.C.'s energy needs while helping to advance B.C.'s climate goals. The Clean Growth Innovation Fund is funded by ratepayers as part of the basic charge. It will contribute to the long-term viability of FortisBC's gas system that can provide renewable and lower carbon gas 2 for customers, including to areas that may be difficult to electrify. With more than 51,600 kilometers of gas infrastructure already in place, FortisBC is leveraging this system to offer more renewable and lower carbon gas to its customers. The continuation of the Clean Growth Innovation Fund is a step toward accelerating FortisBC's progress in working towards reducing overall emissions and supporting the province's climate action goals and CleanBC roadmap. Visit for more information or to submit an application. Backgrounder: FortisBC's Clean Growth Innovation Fund was initially launched in 2020 as part of FortisBC's 2020-2024 Multi-Year Rate setting framework. The 2025-2027 Clean Growth Innovation Fund will prioritize projects that offer impactful solutions to lower emissions. Projects will be evaluated based on key criteria, including co-funding, estimated emissions reductions, cost reductions for customers and the experience of the project team. The company will commit approximately $5.5 million per year from 2025 to 2027 to support projects that enable FortisBC to collaborate with academia, industry and other stakeholders to create reliable, cost-effective solutions for emissions reduction. The Clean Growth Innovation Fund will also receive support from government and industry partners. FortisBC Energy Inc. is a regulated utility focused on providing safe, reliable and affordable energy, including natural gas, Renewable Natural Gas and propane. FortisBC Energy Inc. employs around 2,143 British Columbians and serves approximately 1,086,500 customers across British Columbia. FortisBC Energy Inc. owns and operates two liquefied natural gas storage facilities and approximately 51,600 kilometres of gas transmission and distribution lines. FortisBC Energy Inc. is a subsidiary of Fortis Inc., a leader in the North American regulated electricity and gas utility industry. FortisBC Energy Inc. uses the FortisBC name and logo under license from Fortis Inc. For further information on FortisBC Energy Inc., visit For further information on Fortis Inc., visit __________________ 1 Renewable Natural Gas (also called RNG or biomethane) is produced in a different manner than conventional natural gas. It is derived from biogas, which is produced from decomposing organic waste from landfills, agricultural waste and wastewater from treatment facilities. The biogas is captured and cleaned to create RNG. When RNG is added to North America's natural gas system, it mixes with conventional natural gas. This means we're unable to direct RNG to a specific customer. But the more RNG is added to the gas system, the less conventional natural gas is needed, thereby reducing the use of fossil fuels and overall greenhouse gas emissions. 2 FortisBC uses the term renewable and lower carbon gas to refer collectively to the lower carbon gases or fuels that the utility can acquire under the Greenhouse Gas Reduction (Clean Energy) Regulation, which are: Renewable Natural Gas (also called RNG or biomethane), hydrogen, synthesis gas (from wood waste) and lignin. FortisBC's renewable and lower carbon gas portfolio currently includes only Renewable Natural Gas. Other gases and fuels may be added to the program over time. Depending on their source, all of these gases have differing levels of lifecycle carbon intensity. However, all of these gases are lower carbon when compared to the lifecycle carbon intensity of conventional natural gas. The current burner tip emission factor of RNG is 0.27 grams of carbon dioxide equivalent per megajoule of energy (gCO 2 e/MJ) and the current renewable and lower carbon gas portfolio lifecycle emissions for stationary combustion are -22 gCO 2 e/MJ. This is below B.C.'s lifecycle carbon intensity threshold of 30.8 gCO 2 e/MJ as set out in the 2024 Greenhouse Gas Reduction Regulation amendments. SOURCE FortisBC Energy Inc.
Yahoo
5 days ago
- Business
- Yahoo
Stonegate Capital Partners Updates Coverage On Aemetis, Inc. (AMTX) Q1 2025
Dallas, Texas--(Newsfile Corp. - June 16, 2025) - Stonegate Capital Partners updates coverage on Aemetis, Inc. (Nasdaq: AMTX). In the first quarter of 2025, Aemetis reported total revenues of $42.9M, compared to $72.6M in the same period last year, with the year-over-year decline primarily driven by shifts in timing in receiving new government biodiesel contracts in India. Net loss for the quarter was $24.5M, relatively flat versus a net loss of $24.2M in 1Q24, reflecting ongoing investment in growth initiatives and higher interest expenses. The Company ended the quarter with $0.5M in cash, down from $0.9M at year-end, though liquidity was bolstered by $19.0M in cash proceeds from the sale of transferable investment tax credits. Additional tax credit sales, including those under the Section 45Z program, are expected later in 2025. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Federal and state-level policy developments, including (1) nationwide move from E10 to year-round E15 ethanol blends; (2) expanding state and federal low-carbon fuel standards that incentivize investment and reward low-CI production; (3) IRS establishment of provisional emissions rate for dairy RNG and 45Z production tax credits; and (4) a 20-year mandate to increase low-carbon fuel usage. Aemetis RNG is starting to gain traction with its production facilities in place and operating. Revenue increased 140% year-over-year in Q1 2025. 19 dairy digesters are operational and 26 expected online by year-end. Ethanol and India Biofuels segments continue to perform through long-term infrastructure upgrades and favorable policy support, despite short-term pricing pressures. Ethanol operations are benefiting from completed solar microgrid upgrades and the development of the MVR system, while India Biofuels grew 27% in Q1 and is preparing for a potential IPO. Click image above to view full announcement. Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies. Contacts: Stonegate Capital Partners (214) 987-4121 info@ Stonegate, Inc. To view the source version of this press release, please visit Sign in to access your portfolio
Days of Palestine
11-06-2025
- Business
- Days of Palestine
10 Greatest Real cash Online slots games Sites out of 2025
You'll see real time dealer brands away from American Roulette and you may Eu Roulette at the our very own required casinos, having live video game available to wager a real income wagers just. You to definitely utilizes what can be done top at the on the web roulette and the sum of money you are happy to exposure. The more knowledgeable you're playing roulette online the higher your odds are at the successful currency. In the 1843, a single no online game starred in Germany to help you contend with gambling enterprises providing the twice zero variant, plus the game in the near future shot to popularity around the Europe as well as the Us. With Germany abolishing gambling on the late 19th 100 years, the brand new Blanc members of the family – designers of your own the brand new roulette gambling games, upped sticks and you can went functions in order to Monte Carlo. The brand new principality has been a betting interest of choice for many from the time. What types of incentives should i predict of casinos on the internet? People is claim to $25 to own online roulette and $40 with other harbors, even rather than a deposit. Online roulette gambling enterprises give the new pleasure away from to play the favorite desk online game to your desktop and you will mobile house windows. However, you obtained't see traditional dining tables that have human croupiers unless of course to play real time dealer video game, that could leave you feeling suspicious concerning the equity of digital dining tables. Rest assured, however, you to definitely when you are issues about manipulation is understandable, they generally apply to unlicensed and you may unregulated gambling enterprises. Demanded Us Casinos for real Currency Black-jack Eu roulette have a single no, giving the house an excellent dos.7% line, while you are American roulette has each other one zero and a dual no, raising the house boundary in order to 5.26%. Such online game are made to offer an engaging and you can possibly satisfying experience to have people. Whether your're also keen on large-moving slot online game, strategic blackjack, or the thrill away from roulette, casinos on the internet render a variety of options to match all pro's tastes. No conversation of the games away from roulette will be over instead of a fast mention of roulette actions. Many people disdain the newest RNG games and you will like the real moving golf ball along the tune. It version provides them with each other genuine controls brains plus the element in order to concurrently place wagers for the numerous online game. Of many communities feel the just function of helping people enduring necessary playing. There's the new Federal Council on the Problem Playing that will help you no matter what state your're inside. There are also regional regulators, such as the Michigan Service of Health insurance and Individual Characteristics helpline to your Situation Gaming. In any case, it is recommended that for each and every user learns from the in charge playing. He usually have a method and you may knows how to winnings even when the it's likely that perhaps not within his like. Inside, Thread requires an attempt in the roulette and creates a playing system out of his own. It works within the a simple way you place certain bets to your certain quantity and you will waiting to find out if the odds have been in your like. Usually, but not, professionals feel the high likelihood of successful inside Eu and you may French roulette. Unfortuitously, the greater quantity of zero pouches changes the probabilities for an excellent successful result, this is why we would not endorse American roulette. When we need to be direct, Eu roulette have the average RTP away from 97.30%, when you're Western roulette have a lower RTP away from 94.74%. As it will get evident, statistically, people could have a much better danger of successful whenever they favor Eu roulette. Chances of winning, needless to say, are dependent on the type of wager that was set. Shortlink for this post:
Edinburgh Reporter
10-06-2025
- Edinburgh Reporter
Understanding And Profiting From Slot Momentum: The Payout Pulse
The dynamic and often changing realm of online slots sometimes seems to run under complete chance. Still, experienced players and sharp observers talk of a phenomena called 'slot momentum' or 'payout pulse.' This is about spotting trends in payments and adjusting one's approach rather than on forecasting particular results, which Random Number Generators (RNGs) make impossible. Knowing this pulse helps gamers to make more wise judgments, so improving their enjoyment and possibly their returns. Direct web slots (สล็อตเว็บตรง) have made this research more accessible than ever by offering a clear, instantaneous link to the game's mechanics free from the layers of intermediaries that can hide these small changes. Photo by Nik on Unsplash Clarifying the Random Number Generator (RNG) Designed to generate millions of possibilities every second, this sophisticated algorithm guarantees that every spin is totally autonomous and erratic. The RNG lacks memory; it does not 'know' past performance or project future ones. One must understand this basic idea since it refutes conventional wisdom regarding 'hot' or 'cold' machines. Every spin is a statistically isolated occurrence driven just by the mathematical probability set into the game. The illusion of cycles: knowing RTP Slot machines are configured with a Return to Player (RTP%) percentage, a notional long-term average of how much money is returned to players while individual spins are random. For instance, a 96% RTP indicates that, on millions of spins, the machine is supposed to give back $96 for every $100 wage. Not in quick sessions, this RTP is attained over an immensely large number of plays. Thus, what would seem to be a 'cycle' of wins or losses is really the normal variance and statistical distribution acting out over time, not a predictable pattern. Payout Trends: Short-Term Variance Human mind often searches for patterns despite unpredictability; even in cases when none really exist. Though not for prediction, short-term payout trends can nevertheless be a useful component of a player's approach for bankroll management and strategic changes. A machine might experience periods of more frequent, lesser wins or longer dry spells followed by a notable payoff. Understanding these transient changes helps a player choose, depending on their own risk tolerance and present luck, when to raise or lower their bets or even change games. Volatility and Its Part in the Payout Pulse Low-volatile slots provide a constant stream of tiny winnings even if they pay out less overall. Conversely, high-volatile slots provide few wins but could have considerably higher payouts including jackpots. Finding the volatility of a game shapes one's betting approach and helps create expectations. While players chasing a large win could lean for high-volatility machines, adjusting their play style to the natural pace of each game, a player wanting a consistent, longer gaming session may select low-volatility, slower machines. The Payout Pulse: Recognizing and Capitalizing on Slot Momentum' addresses the human need to organize chaos. Although the foundation of online slots is advanced Random Number Generators that guarantee really random results, knowing how to see and respond to short-term trends can surely improve a player's experience. Though fleeting these trends may be, it's about playing better by matching one's strategy with the observable flow of payments rather than about subverting the system. Direct web slots (สล็อตเว็บตรง) accessibility helps players to interact directly with these games, therefore creating a transparent environment where disciplined play and personal observation may grow. Players may really negotiate the countless opportunities of online slot gaming by appreciating the knowledge of strategic management as well as the thrill of chance. Like this: Like Related
Yahoo
10-06-2025
- Business
- Yahoo
RNG Q1 Earnings Call: AI-Driven Portfolio Delivers Steady Growth and Margin Expansion
Office and call centre communications software provider RingCentral (NYSE:RNG) met Wall Street's revenue expectations in Q1 CY2025, with sales up 4.8% year on year to $612.1 million. The company expects next quarter's revenue to be around $617 million, close to analysts' estimates. Its non-GAAP profit of $1 per share was 4.2% above analysts' consensus estimates. Is now the time to buy RNG? Find out in our full research report (it's free). Revenue: $612.1 million vs analyst estimates of $610.6 million (4.8% year-on-year growth, in line) Adjusted EPS: $1 vs analyst estimates of $0.96 (4.2% beat) Adjusted Operating Income: $133.4 million vs analyst estimates of $129.7 million (21.8% margin, 2.8% beat) Revenue Guidance for Q2 CY2025 is $617 million at the midpoint, roughly in line with what analysts were expecting Management reiterated its full-year Adjusted EPS guidance of $4.20 at the midpoint Market Capitalization: $2.47 billion RingCentral's first quarter results were shaped by continued adoption of its AI-led multi-product strategy and growing customer demand in core voice communications. CEO Vlad Shmunis emphasized the company's progress in shifting traditional communications to cloud-based solutions, noting, "The early results of these new products are promising." Management highlighted strong momentum in products like RingCX and RingSense, as well as successful expansion within small business and global service provider (GSP) customer segments. President and COO Kira Makagon cited improved operational efficiency and customer outcomes, with AI tools helping to reduce manual work and drive business value for clients across healthcare, financial services, and retail. The company attributed margin improvements to disciplined sales and marketing spending and reported progress in free cash flow generation and debt reduction. Looking forward, RingCentral's outlook is anchored by ongoing investment in AI-powered solutions, expansion of its product suite, and a focus on profitable growth. CFO Abhey Lamba confirmed that the company intends to maintain operating profitability and free cash flow improvement, stating, "We are committed to further driving operational efficiencies resulting in margin expansion while enabling us to invest in growth opportunities." Management signaled cautious optimism given macroeconomic uncertainties, such as tariffs and shifting customer spending patterns, but expects continued demand for cost-saving AI products. CEO Vlad Shmunis added, "The next phase in our growth will be driven by leveraging AI throughout our growing portfolio with increased addressable market and wallet share." Management attributed the quarter's performance to adoption of new AI-enabled products, rising engagement among small businesses and GSP partners, and operational efficiencies that supported margin gains. AI product traction: The company's new AI-powered products, including RingCX (cloud contact center), RingSense (AI insights and coaching), and AIR (AI phone agent), saw rapid early adoption, especially among small businesses and GSPs. Management reported over 1,000 AIR customers and strong sequential growth in RingSense usage, with AI tools cited as drivers of measurable cost savings and productivity gains for clients. Small business momentum: ARR from customers with fewer than 100 employees grew by double digits, reaching a two-year high. These clients, often in healthcare, retail, and financial services, are adopting voice-centric AI products for customer engagement and operational efficiency, delivering higher average revenue per user and faster payback for RingCentral. GSP partnerships expanding: Global service providers accounted for over 10% of ARR, with double-digit growth and efficient customer acquisition. Major partners like AT&T, Vodafone, and Cox Communications are now reselling RingCentral's AI-powered solutions, extending reach in North America and international markets. Enterprise and channel strengths: Larger enterprises continue to adopt RingCentral, drawn to its integrations with platforms such as Microsoft Teams and Salesforce. Over half of $1 million-plus TCV deals in Q1 included multiple RingCentral products, signaling success in cross-selling and up-selling to existing accounts. Operational discipline: Operating margin improvement stemmed from efficiencies in sales, marketing, and internal use of AI, which has increased productivity in customer support, sales outreach, and product development. Record free cash flow enabled debt reduction and share repurchases, supporting a stronger balance sheet. RingCentral's forward guidance rests on expanding its AI-first portfolio, disciplined cost management, and continued growth in core markets despite macroeconomic uncertainties. AI-led product expansion: Management expects ongoing adoption of new AI-powered offerings—such as AIR and RingCX—to drive higher average revenue per user and open new customer segments. These products are positioned as cost-saving and productivity-boosting solutions for both existing and new clients. Go-to-market leverage: The company plans to deepen relationships with GSPs and channel partners, using these alliances to efficiently access international markets and supplement direct sales, particularly as cloud adoption accelerates among businesses replacing legacy systems. Macro environment monitoring: While not seeing immediate headwinds, management remains cautious regarding tariffs, interest rates, and broader economic conditions. The company aims to maintain flexibility in its approach, emphasizing prudent financial management and readiness to adjust strategy if customer demand or deal cycles shift. In the coming quarters, StockStory analysts will be watching (1) sustained adoption and revenue contribution from AI-powered products like AIR and RingCX, (2) the pace of expansion among small business and GSP customer segments, and (3) progress toward free cash flow and margin targets through operational efficiency. The ability to maintain growth despite macroeconomic fluctuations will also be an important marker of execution. RingCentral currently trades at a forward price-to-sales ratio of 1×. In the wake of earnings, is it a buy or sell? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. 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