Tag: PR Newswire

DELRAY BEACH, Fla., Aug 8, 2025 /PRNewswire/ — The second life EV battery market is estimated at ~25-30 GWH in 2025 and is projected to reach ~330-350 GWH in 2030 at a CAGR of ~65% during the forecast period, according to a new report by MarketsandMarkets. The growing adoption of electric vehicles (EVs) is expected to fuel a multibillion-dollar market for second-life batteries by 2030, particularly those based on lithium iron phosphate (LFP) chemistry. LFP batteries are ideal for stationary applications like grid energy storage, residential systems, EV charging stations, and data centers due to their inherent safety, long cycle life, and favorable cost-effectiveness. The declining cost of second-life batteries enhances economic viability, especially as new battery prices fall. At the same time, their reuse supports a circular economy by reducing the CO2 emissions by several tonnes annually and mitigating raw material scarcity. However, several critical challenges could hinder the recovery and repurposing process, including the absence of standardized protocols for accurately assessing battery health, the complexities of integrating these batteries into diverse applications, existing regulatory ambiguities, fragmented supply chains, and inadequate reverse logistics infrastructure.

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Utility-scale grid services hold the largest share of the second-life EV battery market.

Utility-scale grid applications dominate the actual usage of the second-life EV battery market. These repurposed batteries are attractive for grid applications due to their cost advantage (up to 70% cheaper than new batteries in 2025) and their suitability for less-demanding, lower-cycle stationary uses, such as grid balancing, renewable energy integration, and backup power. Further, these batteries also excel in frequency regulation, peak shaving, and power arbitrage by leveraging their residual capacity for 100-300 cycles annually. Most global players utilize these batteries for energy storage, leveraging renewable energy sources like solar and wind power. Major OEMs such as Volvo, BMW, Nissan (in collaboration with Sumitomo), and Volkswagen are partnering with energy providers and startups to repurpose retired EV batteries for stationary storage projects. For example, Volkswagen Group’s partnership with Audi and the energy company, E.ON, has initiated projects using used EV batteries to stabilize grid loads and manage peak demand.

With the strategic shift away from coal-powered electricity, microgrids supported by solar and wind farms are expected to experience significantly higher demand for second-life EV batteries across Europe, the US, China, and other Asian countries for grid-scale energy storage. In addition, advancements in battery management, modular system design, growing policy momentum for the circular economy, and energy security would prompt the demand for second-life EV batteries for this application. Although the environmental advantages are significant, the dependence on subsidies (like EU & US DOT grants) and volatile electricity prices may limit profitability, leading to growth that is mainly concentrated in specific regions. In case costs decrease further or supportive policies are constantly updated, the demand for second life EV batteries is likely to expand in commercial & residential storage as well.

Lithium-ion batteries exhibit the maximum demand in the second-life EV battery market.

Lithium-ion battery technology dominates the market, as more than 95% of electric vehicles, including passenger and commercial vehicles, are installed with this battery technology. Decades of advancements have led to their high energy density, long lifespans, and quick charging & decreasing cost is also expected to make it more affordable and accessible to consumers.

Lithium-ion batteries are advantageous for second-life applications due to their predictable state of health (SoH) retention and established performance benchmarks. Repurposers plan their testing and sorting strategies based on dominant chemistries (LFP and NMC) using tailored diagnostics that assess capacity, internal resistance, cycle count, and safety parameters aligned with each chemistry’s characteristics. LFP batteries often require less intensive safety testing, while NMC batteries demand more rigorous monitoring due to their higher energy density and sensitivity to degradation. These focused testing protocols help maximize utilization, reliability, and safety in various second-life applications such as grid storage and commercial energy solutions. The continued predominance of lithium-ion technology is expected to remain strong, with second-life battery applications playing a vital role in advancing the global energy transition. Advancements in battery management systems, advanced diagnostic tools, and digital tracking solutions will further enhance the effectiveness and profitability of battery repurposing companies focused on this battery technology. However, there are certain challenges with this battery chemistry. For instance, if some supply-related drift (like 20% price hikes in 2024) and safety-related concern persists, the traction may shift to other alternatives like nickel-zinc or flow batteries. Also, it provides high energy density, but exhibits annual capacity loss of around 2-3% under typical usage, and inconsistent performance among batches, facing consistency and reliability issues, and challenges to reach ~250 GWH demand estimates by 2030.  Though it carries significant cost benefits, their long-term viability depends heavily on the scalability of recycling processes, and government programs might impact unregulated markets.

North America is expected to be the leading market in terms of the installed capacity of second life EV batteries.

North America leads in installations due to its advanced grid infrastructure and strong policy incentives. These second-life EV batteries are likely to be used at data center stationary energy storage, microgrids for telecommunications and commercial backup, EV charging buffer systems, and domestic solar and grid-support systems. The US is the leading market in the region, with one of the most extensive retired battery stocks in the coming years that can be repurposed for various applications. Projects are consistently scaling, with single sites exceeding 50–60 MWh, and pipelines of new installations in development. Redwood Materials (US) operates the largest microgrid using second-life EV batteries with 63 MWH capacity in Nevada, powering a data center. It also has a pipeline of>1 GWh for various stationary applications. Other regional companies like Moment Energy, B2U Storage Solutions, and Smartville are scaling up production and deploying second-life EV battery systems for energy storage. Additionally, the region is poised to experience an emergence in the second life EV battery storage investments, propelled by ambitious government programs and large-scale industry initiatives. All these factors would lead North America to redirect hundreds of GWh per year of spent EV batteries into second life storage assets, gaining substantial environmental and economic gains by the decade’s end.

Key Market Second Life EV Battery Industry:

Prominent players in the Second Life EV Battery Companies include Tesla, Volvo, Toyota Motor Corporation, BMW Group, Nissan Motor Corporation, Connected Energy, B2U Storage Solutions, and Rejoule.

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This report provides insights on:

• Analysis of critical technology roadmap parameters such as battery assessment & testing approaches, cell-level & algorithm-based battery management system, various system integration techniques, and software platform strategies
• Market Development: Comprehensive market information (the report analyzes & recommends the most dominant application demand across the considered regions under the scope)
• Market Diversification: Exhaustive information about strategic collaborations, potential geography expansion, recent projections & their capacity, and investments in the second-life EV battery industry
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product/technology offerings of leading OEMs & battery storage specialists such as Tesla, Volvo, Toyota Motor Corporation, BMW Group, Nissan Motor Corporation, Connected Energy, B2U Storage solutions, and Rejoule.

Related Reports:

EV Battery Recycling Market

EV Battery Market

EV Battery Testing Market

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MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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DELRAY BEACH, Fla., Aug 8, 2025 /PRNewswire/ — The report “Polybutylene Adipate Terephthalate Market by Grade, Application (Films, Sheets & Bin Liners, Coatings & Adhesives, Molded Products, Fibers), End-use Industry (Packaging, Consumer Goods, Agriculture, Bio-medical), and Region – Global Forecast to 2030″, global PBAT market is expected to reach USD 2.76 billion by 2030 from USD 1.51 billion in 2025, at a CAGR of 12.8%.

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The growing need for biodegradable and compostable plastics in the consumer goods, packaging, and agricultural sectors is propelling the global market for PBAT. Because of its high elongation, flexibility, and compostability, PBAT is a popular substitute for conventional plastics. The adoption of PBAT is being accelerated by growing government regulations that forbid single-use plastics in areas like Europe, North America, and the Asia Pacific. Key growth drivers include laws requiring compostable packaging, policies encouraging extended producer responsibility (EPR), and goals to reduce plastic waste.

The market is expanding due to a combination of regulatory support, rising consumer awareness of sustainability, and demand for environmentally friendly packaging options. The material’s market appeal is increased by its suitability for industrial composting and compatibility with PLA and starch. To keep up with the growing demand, top manufacturers are increasing their production capacities, especially in China, South Korea, Germany, and the US. The market is also being driven by corporate commitments to sustainability, the development of composting infrastructure, and technological advancements. Nonetheless, issues like increased production costs and inadequate composting infrastructure in developing nations continue to exist. Strong environmental, regulatory, and consumer trends are expected to propel the growth of the global PBAT market.

Extrusion segment to record the highest CAGR in the PBAT market during the forecast period

The extrusion segment is expected to grow at the fastest rate during the forecast period, due to its wide range of applications and compatibility with biodegradable polymers. Extrusion is a vital process in several industries, including packaging, agriculture, and hygiene products, as it is commonly used to produce films, sheets, and agricultural mulch films. PBAT is particularly well-suited for extrusion-based applications due to its excellent processability, flexibility, and tear resistance, especially when combined with PLA or starch. The demand for PBAT-based extruded products is driven by the growing global emphasis on replacing single-use plastic films with compostable materials. This trend is particularly strong in Europe, North America, and the Asia Pacific regions, where regulations mandate the use of compostable materials for bags and packaging. Additionally, the rise of eco-conscious brands and retailers opting for sustainable packaging is fueling the demand for PBAT films in applications such as food packaging, shopping bags, and waste bags. To enhance film quality and production efficiency, manufacturers are increasingly investing in advanced extrusion lines specifically designed for biodegradable resins. The adoption of PBAT in the agricultural sector is also speeding up as more sustainable practices are embraced, such as the use of compostable mulch films. This segment is well-positioned to significantly contribute to the rapid growth of the PBAT market, supported by increasing end-user industries, stringent plastic regulations, and technological advancements in extrusion processing.

Films, sheets, & bin liners segment to account for the largest share of the PBAT market during the forecast period

Over the forecast period, the films, sheets, and bin liners segment is expected to hold the largest share in the global PBAT market. The widespread use of PBAT in consumer goods, packaging, and agriculture—where flexibility, durability, and compostability are essential—drives this dominance. PBAT is ideal for products such as shopping bags, trash bags, food packaging films, and agricultural mulch films due to its exceptional mechanical properties, including high elongation at break, tear resistance, and compatibility with other biodegradable polymers. Governments around the world, especially in Europe, North America, and the Asia Pacific region, have implemented bans on traditional plastic bags and mandated the use of biodegradable alternatives. This has led to an increased demand for PBAT films. Additionally, these films are favored for residential and commercial waste disposal applications because of their environmental benefits and ease of processing. In the agricultural industry, PBAT-based mulch films present a more sustainable alternative to conventional polyethylene films, as they can break down in soil without harming crops. The growing emphasis on packaging and sustainability trends, particularly in the food service and retail sectors, is further driving the demand for PBAT-based films and sheets. As a result, this segment represents the largest source of revenue within the overall PBAT market, reflecting its strong and diverse demand.

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North America to register the second-highest CAGR in terms of value and volume during the forecast period

Due to a strong regulatory push, increasing consumer awareness, and rising demand for sustainable packaging, North America is expected to register the second-highest CAGR in the global PBAT market during the forecast period. In response to growing concerns about plastic waste and environmental sustainability, the region—especially the US and Canada—is rapidly shifting toward compostable and biodegradable alternatives. Key factors for this shift include the implementation of state and local plastic bans, such as California’s SB 54 and Canada’s national single-use plastic ban, which are driving significant demand for PBAT-based applications. The demand for PBAT is further bolstered by the rise of environmentally friendly retail practices, the increasing use of biodegradable products in e-commerce and retail, and the growing adoption of sustainable foodservice packaging. Additionally, North America’s advanced waste management systems and rising investments in industrial composting infrastructure facilitate the implementation of PBAT in various industries, including waste bags, shopping bags, agricultural films, and food-contact materials.

Key Players

Prominent companies in this market include BASF SE (Germany), Chang Chun Group (China), Kingfa Sci. & Tech. Co., Ltd. (China), Novamont S.p.A. (Italy), GO YEN CHEMICAL INDUSTRIAL CO LTD (Taiwan), Anhui Jumei Biological Technology Co., Ltd. (China), Hangzhou Peijin Chemical Co., Ltd. (China), Jin Hui Zhao Long High Tech Co., Ltd. (China), T.EN Zimmer GmbH (Germany), Mitsui Plastics, Inc. (US), Zhejiang Baidigorei Biomaterials Co., Ltd. (China), Hengli Group Co., Ltd. (China), Junyuan Petroleum Group (China), Qingdao Zhoushi Plastic Packaging Co., Ltd. (China), Red Avenue New Materials Group Co., Ltd. (China), SGA POLYCHEM PVT LTD (India), Xinjiang Blue Ridge Tunhe Sci. & Tech. Co., Ltd. (China), Taprath Elastomers LLP (India), Easy Flux (India), Entec Polymers (US), Indocal (India), Yuvika Green Earth Solutions (India), Ningbo Changhong Polymer Scientific and Technical Inc. (China), Polyrocks Chemical Co., Ltd. (China), and Shandong Dawn Polymer Co., Ltd. (Dawn Group) (China).

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Biodegradable Plastics Market – Global Forecast to 2029

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 Hexane Market – Global Forecast to 2027

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 Polyethylene Furanoate (PEF) Market – Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
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Email: sales@marketsandmarkets.com
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SOURCE MarketsandMarkets

SHANGHAI, Aug. 8, 2025 /PRNewswire/ — Envision Energy, a global leader in green technology, has been ranked 4th globally in Wood Mackenzie’s newly released 2024 Global Battery Energy Storage System (BESS) Integrator Rankings, confirming its position as one of the most competitive and trusted energy storage solution providers in the world. The company has also maintained its position as a Tier 1 global energy storage manufacturer by BloombergNEF for six consecutive quarters, reinforcing its consistent leadership in technology, delivery, and bankability.

According to Wood Mackenzie’s report, Envision Energy was one of the few players to expand its market share amid intensifying market competition and a rapidly shifting energy landscape. While the combined market share of the top five BESS integrators declined from 62% in 2022 to 48% in 2024, Envision’s continued growth reflects its ability to scale globally and deliver advanced, integrated storage systems tailored to diverse regional needs.

Recognition from both Wood Mackenzie and BloombergNEF reinforces Envision’s leadership in full-stack energy storage innovation – from battery cells to EMS and grid-forming systems. With a strong footprint across key markets including Europe, North America, and the Asia-Pacific region, Envision has delivered over 30 GWh of energy storage systems across over 300 projects worldwide, with more than 50 GWh in orders. Its advanced storage solutions are actively addressing real-world challenges such as frequency regulation, renewable integration, and black start capability, reinforcing its position as a comprehensive provider of next-generation energy storage infrastructure. 

Safety remains a top priority for the company. In July 2025, Envision successfully completed a 49-hour ultra-dense fire test on its smart energy storage system, the most demanding test of its kind globally. The system demonstrated outstanding resilience, achieving zero fire spread and setting a new benchmark for safety, scalability, and insurability in the global energy storage industry.

 

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SOURCE Envision Energy

Critical Appointment Strengthens Capability for Next Stages of Growth at Sivers

KISTA, Sweden, Aug. 8, 2025 /PRNewswire/ — Sivers Semiconductors AB (SIVE.ST), a global leader in photonics and wireless technologies, today announced the appointment of Heine Thorsgaard as its new CFO, effective September 1, 2025. In this role, Heine will be responsible for Global Finance, Investor Relations and IT operations.

Heine joins Sivers from Napatech, where he has been the CFO since 2018. Napatech sells high-speed, programmable network interface cards designed for real-time network performance management, cybersecurity, and data center .

“This appointment marks a significant milestone in the Company’s growth trajectory. Heine brings a tremendous amount of relevant experience for our future ambition, in the areas of strategic finance, operational excellence, M&A, Investor Relations, fund raising and financing. He has a proven track record as a phenomenal business partner, and I look forward to working with him to pursue our vision and accomplish our mission critical objectives at Sivers,” said Vickram Vathulya, CEO of Sivers semiconductors. “We thank Lottie Saks for all her efforts and contributions over the last five years, both on the Sivers Board and subsequently as our CFO. We wish her all the best as she continues to work on her portfolio of Non-Executive Board positions, as well as her next operational endeavor.”

“I am excited and honored to join Sivers Semiconductors during a pivotal, transformative stage in its growth journey,” said Heine Thorsgaard, incoming CFO of Sivers Semiconductors. “The company’s innovative technologies and increasing customer traction position it strongly for scalable and sustainable value creation. I look forward to making a meaningful impact by leveraging my experience to support strategic execution, drive future growth, and contribute to long-term success for our shareholders.”

Prior to his time at Napatech, Heine has had a very successful CFO and Financial Executive leadership tenure across the IT, Technology and Professional Services sectors, with strong exposure to Europe and the US, for over 15 years. Heine has a Phd and Masters degree in Finance from Copenhagen University and a Masters degree in International Business from Roskilde University.

Lottie Saks will ensure a smooth transition to the new CFO, during her transition period with Sivers.

About Sivers Semiconductors 

Sivers Semiconductors is a critical enabler of a greener data economy with energy efficient photonics & wireless solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com (SIVE.ST)

Media Contact   
Tyler Weiland 
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Vickram Vathulya
CEO
ir@sivers-semiconductors.com

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SOURCE Sivers Semiconductors

TAMARACK, Idaho, Aug. 7, 2025 /PRNewswire/ — The most recent addition to Travel + Leisure’s prestigious list of the World’s Best Resorts isn’t in Europe or on a faraway coastline, it’s just 90 miles outside of Boise. Tamarack Resort, America’s only ski, golf, and lake resort, has quickly stepped onto the national stage, offering a rare four‑season experience that few destinations can match.

Tamarack recently achieved a major milestone by being named “Top Resort in the United States” as part of Travel + Leisure’s 2025 World’s Best Awards. This recognition adds to a growing list of accolades, including The Wall Street Journal’s Top 100 Ski Resorts, Condé Nast Traveler’s Top 30 Ski Resorts in America, and USA Today’s Best Ski Resort Restaurant for The Reserve.

“This kind of momentum doesn’t happen by accident,” said Scott Turlington, President of Tamarack Resort. “It is the result of sustained investment, an extraordinary team, and an intentional effort to build something timeless. Recognition brings attention, and attention brings demand.”

And Tamarack isn’t slowing down. The resort is investing in new ski lifts and expanded snowmaking, has celebrated its re‑opening of the nationally acclaimed Osprey Meadows Championship Golf Course designed by Robert Trent Jones, Jr, and is building a new 100‑slip marina on Lake Cascade.

Fueled by this momentum, real estate demand continues to rise. Only a few ski‑in/ski‑out condominiums remain, and homesites along the Osprey Meadows Championship Golf Course, are nearly sold out.

To meet the continued demand, Tamarack is announcing its newest signature neighborhood, The Aspen Townhomes. This gated community offers convenient access to the marina on Lake Cascade, Osprey Meadows Golf Course, the mountain ski lifts, and the Village for restaurants and shops. Maintenance-free living, a private swimming pool, and eligibility for membership at The Club at Tamarack will enhance the lifestyle. The first phase of the Aspen Townhomes is scheduled for delivery in Q3 2026, with homes released through a reservation‑based priority program. Full details will be announced in the coming weeks.

Learn more or join the Aspen Townhomes reservation list at tamarackidaho.com/realestate/aspen-townhomes

About Tamarack Resort

Tamarack Resort is America’s only ski, golf, and lake resort. The independent, all-season destination is situated on 3,600 acres, located 90 miles north of Boise, Idaho. Within its master- planned community, Tamarack offers recreation, real estate, vacation rentals, event space, and a vibrant alpine-style village. The winter brings 2,800 feet of vertical on 1,530 acres of skiable terrain in addition to Nordic and snowshoe trails. In the summer, the resort is home to golf, mountain biking, ziplining, hiking, rafting, and watersports on Lake Cascade. For more information on recreation, accommodations and real estate, visit tamarackidaho.com.

Media Contact:
Graham Hetland
208-408-0262
ghetland@tamarackidaho.com
www.tamarackidaho.com

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SOURCE TAMARACK RESORT

NEW YORK, Aug. 7, 2025 /PRNewswire/ — Greenalia S.A. (the “Company” or “Greenalia”), a leading Spanish developer of renewable power projects, has closed on a $50 million upsizing of its existing three-year credit facilities from IMM Investment Hong Kong (“IMM”) and NH Investment & Securities (“NH”) to support the development of its solar and wind project pipeline in the U.S. Greenalia Power US Advanced II, LLC (“Greenalia US” or the “Borrower”) is a subsidiary of Greenalia that acquires, develops, constructs and operates utility-scale solar, wind and energy storage projects in the U.S.

IMM and NH are investors headquartered in South Korea; their commitments reinforce both the strong institutional and international interest in Greenalia’s U.S. portfolio.

PEI Global Partners served as Financial Advisor to the Company. Holland & Knight acted as Borrower’s Counsel. Norton Rose Fulbright acted as Lenders’ Counsel. Nomura Securities International, Inc. continues to serve as Lead Arranger for the facilities and Nomura Corporate Funding Americas, LLC continues to serve as Administrative Agent for the facilities.

The upsizing reflects continued confidence in Greenalia’s strategy and the strength of its U.S. pipeline. The proceeds from the upsizing will be used to support Greenalia’s ~1.9 GW_DC ERCOT portfolio, particularly by financing project equipment, providing support for project letters of credit and funding other development and construction expenses. Moreover, the upsizing builds on recent positive developments around Greenalia’s first asset, the 430 MW_DC Misae II solar project, for which Greenalia recently secured ~$388 million of senior project financing from MUFG and Nomura.

“We are excited to partner with Greenalia to accelerate the global expansion of this leading renewable energy development platform,” commented Youngjoon Lee, CEO and Managing Partner of IMM HK. “This investment underscores our commitment to channeling innovative capital into critical enablers of energy transition.”

About Greenalia S.A.
Greenalia S.A. is a global renewable focused IPP and the parent company of Greenalia Power US Advanced II, LLC. The company uses wind, sun, and forestry biomass from certified plantations’ remains to generate and store energy in harmony with nature, providing employment and innovation across Europe and the United States. The company’s main activity is the generation of renewable energy, being present in six technologies: onshore wind, offshore wind, solar, biomass, storage and hydrogen.

About PEI 
PEI Global Partners Holdings LLC (“PEI”) is an independent, closely held investment bank specializing in the power, energy, and infrastructure sectors, with offices in New York City and Tampa. PEI advises financial sponsors, developers and corporate clients on mergers and acquisitions, divestitures, financings, private placements, and other strategic transactions. PEI conducts securities transactions through its wholly owned broker-dealer subsidiary PEI Global Partners LLC, which is regulated by the Financial Industry Regulatory Authority (“FINRA”), the Securities and Exchange Commission (“SEC”), the New York State Department of Financial Services and the Florida Office of Financial Regulation. For more information on PEI, please visit www.peigp.com.

About Nomura 
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

About IMM Investment Hong Kong
IMM Investment Hong Kong is the overseas investment arm of IMM Investment Corp., a leading Korean alternative investment manager founded in 1999 with a diversified portfolio across infrastructure, growth equity, and innovation-driven investments. Since 2019, the Hong Kong office has been successfully implementing the group’s sector-agnostic global investment strategy across North America, Europe, Asia, and MENA with a focus on high–growth opportunities and clean energy transition investments. For more information, visit www.imm.co.kr.

About NH Investment & Securities
NH Investment & Securities is one of South Korea’s largest financial services firms, offering a full suite of investment banking, wealth management, and brokerage solutions. As a core subsidiary of NongHyup Financial Group, NH focuses on delivering innovative financing, capital markets, and advisory services to a global client base. With offices across Asia, Europe, and North America, NH leverages deep market insights and a strong domestic footprint to connect global capital with Korean and international investment opportunities. For more information, visit www.nhqv.com.

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SOURCE Greenalia

PANAMA CITY, Aug. 7, 2025 /PRNewswire/ — The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) officially announced its portfolio of five international trade shows for 2026, scheduled to take place from March 10–12 at the Panama Convention Center. These specialized events will focus on key sectors for regional competitiveness: commerce, logistics, tourism, technology, and energy.

The upcoming exhibitions — EXPOCOMER, EXPO LOGÍSTICA PANAMÁ, EXPO TURISMO INTERNACIONAL, EXPO TECH, and EXPO ELÉCTRICA INTERNACIONAL – PANAMÁ — are designed to strengthen business connections, promote international partnerships, and create new market opportunities, leveraging Panama’s strategic geographic position and world-class infrastructure.

Juan Arias, President of CCIAP, emphasized Panama’s growing role as a hub for the MICE industry (Meetings, Incentives, Conferences and Exhibitions). “Panama has it all: strategic location, air connectivity, modern infrastructure, legal security, and skilled human capital. Most importantly, we have a private sector fully committed to turning vision into action,” he stated.

Aurelio Barría Pino, President of the 2026 Exhibitions and Events Organizing Committee, highlighted the economic impact of the 2025 editions. “Last year, we welcomed over 31,000 visitors, generated 20,000 business appointments, and facilitated more than US$156 million in commercial transactions. This resulted in an economic impact of US$45 million for the country. These figures clearly show how our expos are not only business catalysts but also strengthen Panama’s position as a strategic regional platform,” Barría Pino noted.

In addition, CCIAP confirmed that Panama will host the prestigious World of Coffee event from October 23–25, 2026 — marking the first time it will be held in a coffee-producing country in Latin America. This milestone reinforces the country’s growing reputation as an ideal destination for high-impact global events.

For more information or to participate as an exhibitor or buyer, visit www.panacamara.com or download the FeriasCCIAP app available in the App Store and Google Play.

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SOURCE Cámara de Comercio de Panamá

Interfaith Neighbors fuels hope and opportunity with $50,000 boost

HOLMDEL, N.J., Aug. 7, 2025 /PRNewswire/ — A $50,000 grant from the FirstEnergy Foundation is helping to energize Asbury Park’s revitalization through the transformative work of Interfaith Neighbors, a nonprofit dedicated to uplifting the community. The funding supports a range of programs that provide job training, early education, food security and urban farming in the iconic Jersey Shore city, which is served by FirstEnergy Corp. (NYSE: FE) electric company Jersey Central Power & Light (JCP&L).

The grant is one of the largest awarded by FirstEnergy Foundation in New Jersey this year and is part of more than $2 million in community support distributed across FirstEnergy’s service areas in the first half of 2025.

Doug Mokoid, FirstEnergy’s President, New Jersey: “This grant recognizes the powerful impact Interfaith Neighbors has on Asbury Park. From job readiness to food access, their programs are helping residents build brighter futures. We’re proud to support their mission and the community they serve.”

Nearly one in five Asbury Park residents live below the poverty line. Interfaith Neighbors is working to change that with programs that open doors and create lasting change, including:

• The Launch Center – Offers job training, career coaching and one-on-one support to help residents succeed.
• The Early Childhood Learning Center – Provides a safe, nurturing environment for young children while empowering parents to work or pursue education.
• Meals on Wheels – delivers more than 800 meals daily to seniors and residents with disabilities – more than 330,000 meals a year.
• Kula Urban Farm – A hydroponic greenhouse that grows fresh produce and opportunity, offering job training and free food to neighbors in need.

Walter “Chip” Craig, Interfaith Neighbors’ Co-Executive Director: “For nearly four decades, we’ve focused on the essentials – housing, food and jobs. Thanks to FirstEnergy Foundation and JCP&L, we can continue building trust and creating real change in Asbury Park.”

Want to Make a Difference?

The FirstEnergy Foundation supports 501(c)(3) tax-exempt nonprofit organizations that meet the critical needs in communities served by FirstEnergy’s electric operating companies and in areas where the company conducts business. While unsolicited applications aren’t accepted, nonprofits can inquire about grant opportunities or sponsorships by contacting Alix Hayes, Community Involvement Consultant at ahayes@firstenergycorp.com.

JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at facebook.com/JCPandL or online at jcp-l.com.

FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation’s largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company’s transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at firstenergycorp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/firstenergy-foundation-grant-powers-asbury-parks-comeback-302524692.html

SOURCE FirstEnergy Corp.

PITTSBURGH, Aug. 7, 2025 /PRNewswire/ — “An estimated 5-10% of women between the ages of 18 and 44 have polycystic ovarian syndrome or PCOS. I wanted to create a new perfume option to help these women find their signature scent,” said an inventor, from Whitewater, Wisc., “so I invented HARMON- E SCENTS. My formula could help struggling women regain their self-confidence.”

The invention provides a new line of perfume carefully crafted for women who have

polycystic ovarian syndrome (PCOS). In doing so, it offers a variety of pleasing scent options. As a result, it eliminates the need to wear traditional perfumes that do not correctly match your pheromones. Additionally, the invention features an effective formula that is easy to apply and use.

The HARMON- E SCENTS invention is currently available for licensing or sale to manufacturers or marketers. For more information, visit www.harmon-escents.com. Or contact Shannon Boyd at 608-658-8348 or email info@harmon-escents.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/123invent-inventor-develops-new-perfume-for-women-with-pcos-osk-1247-302522880.html

SOURCE InventHelp

GRAND RAPIDS, Mich., Aug. 7, 2025 /PRNewswire/ — ArtPrize Halftime, presented by Rockford, is a mid-festival celebration that brings together music lovers, artists, and the broader Grand Rapids community for one unforgettable night. This free outdoor concert at Sixth Street Park is a chance to gather and recharge during the heart of the ArtPrize season.

“ArtPrize Halftime is all about celebrating the creative spirit that brings our community together,” said Theresa Anderson, ArtPrize Operations Director. “This event is a moment to pause in the middle of the ArtPrize experience and come together—neighbors, visitors, and artists alike—for a shared celebration of art, music, and connection in the heart of our city.”

That spirit of connection will come to life on Friday, September 26, as ArtPrize 2025 proudly presents Tiera Kennedy as the headlining performer.

Tiera Kennedy is more than a rising star—she’s a force. An artist, visionary, and movement-builder, Tiera’s music radiates authenticity, joy, and purpose. The Alabama native’s fusion of R&B and country, paired with her celestial voice and deeply personal songwriting, has established her as one of the most compelling voices in country music today.

Her breakout moments already include a feature on Beyoncé’s Grammy-winning Cowboy Carter, an appearance in a Dolly Parton video, and mentorship from Shania Twain, who encouraged her to remain boldly herself. With her debut album ROOTED, Tiera introduced a boundary-breaking sound grounded in her Southern roots and fueled by a mission of inclusivity and liberation through music.

Opening the night are two electrifying Michigan-based acts:

Jake Kershaw, a blues-influenced guitar prodigy who has played alongside Jonny Lang, Walter Trout, and Marcus King, and opened for Kenny Wayne Shepherd and Samantha Fish. His soulful sound and deep local roots make him a standout performer.

The Bootstrap Boys, beloved for their gritty, high-energy country storytelling and Midwestern charm. With songs about roads traveled and hearts broken, they’ve built a loyal following across the region.

For more information, visit artprize.org.

About ArtPrize

ArtPrize is an annual, open, independently organized, international art competition that celebrates creative expression, bringing together art enthusiasts, artists, and the community. Since its inception, ArtPrize has aimed to showcase the transformative power of art and foster a culture of creativity. ArtPrize is a 501(c)3, and continues to provide access to the visual arts through the support of our sponsors, donors, and underwriters. www.artprize.org

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SOURCE ArtPrize