Tag: PR Newswire

BRUSSELS and PRAGUE, June 27, 2025 /PRNewswire/ — As the EU adapts to global geopolitical tensions and renews its focus on simplifying legislation, Medicines for Europe convened policymakers, industry leaders, and partners for its annual meeting in Brussels.

The conference was focused on “Building a Resilient Health Union: Security, Access and Competitiveness”. The agenda included critical topics such as the implementation of the EU Urban Wastewater Treatment Directive (UWWTD), the development of the Critical Medicines Act, the role of biotech and digitalisation, and the sustainability of procurement models and healthcare budgets. The discussions focused on how to strengthen Europe’s manufacturing base, secure access to affordable medicines, and navigate the clean and digital transition while ensuring the access to medicines for people who depend on them every day.

Zentiva’s CEO, Steffen Saltofte, joined a panel on the topic “Delivering access to medicines in the context of the Clean Transition and One Health” – advocating for a clean transition that does not compromise access to medicines. With the support of local associations, German Progenerika and Czech CAFF, he presented reality checks from Germany and the Czech Republic, two of Zentiva’s key markets.

There is an urgent need to Pause – Repair – Relaunch, as the current implementation of the directive is unworkable for the generics industry.

Zentiva highlighted the following three key messages:

• The current UWWTD implementation risks undermining medicine affordability, supply security, and long-term sustainability. Unrealistic assumptions and significantly underestimated cost assessments by the European Commission raise serious concerns about the continued availability of essential off-patent medicines across Europe.
• A better alternative exists – the Swiss model demonstrates how fair cost-sharing, phased implementation, and cross-sector collaboration can meet environmental goals without compromising patient care.
• We must safeguard the economic viability of medicines made in Europe. If environmental policies place disproportionate financial pressure on manufacturers, they risk driving production out of Europe – threatening both supply resilience and the EU’s ambition for strategic autonomy in healthcare.

“Sustainability is not just about the environment. It’s also about the sustainability of care – ensuring access to medicines to all people who depend on them every day, regardless of cost pressures. We need to find solutions that deliver on environmental sustainability and ensure access to affordable healthcare at the same time. Let’s not forget – health is a right, not a privilege,” Saltofte concluded.

About Zentiva
Zentiva provides health and wellbeing for all generations. We are a European company developing, producing, and delivering high-quality, affordable medicines to more than 100 million people in over 30 countries across Europe and beyond. Zentiva has four wholly owned manufacturing sites and a broad network of external manufacturing partners to ensure supply security. The company is private equity-owned, delivering sustainable growth, with an ambitious plan for the years to come.

We are a team of more than 5,000 unique talents bonded together by our commitment to ensuring the supply of high-quality, affordable medicines to people who depend on them every day. We want Zentiva to be a great place to work, where everyone feels welcomed and appreciated, and can be their true selves, contributing to the best of their ability.

Our roots reach back more than 500 years to a small pharmacy in Prague that still exists today. We act today for a sustainable tomorrow, so that Zentiva will continue to provide health and wellbeing for all generations for at least another 500 years.

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SOURCE Zentiva

TIANJIN, China, June 27, 2025 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) Dean and Dean’s Distinguished Chair Professor of Finance Li Haitao spoke at the Annual Meeting of the New Champions 2025 of the World Economic Forum, widely known as Summer Davos, in Tianjin, China, for the second year in a row, a testament to the school’s thought leadership and acknowledgement.

This year’s Summer Davos focused on entrepreneurship for a new era. As the most active Chinese business school this year at the Summer Davos, CKGSB contributed to the discourse on multiple meaningful topics including AI reshaping global competition and entrepreneurship in the new era.

In the session broadcast live globally on June 26, “Understanding China’s approach to AI,” Dean Li joined leading voices to explore China’s advantage in developing AI amid re-globalization, industrial possibilities brought by AI, and how AI can propel doing business for good by providing scarce resources.

“Only two countries, China and the US, can lead AI revolution in the next decades,” emphasized Dean Li. “China has done lots of accumulation for decades with infrastructure, data, talent, and market to establish a unique AI ecosystem. Beyond home appliances, smartphones, and automobiles, humanoid robots have the greatest potential to become a trillion-dollar industry in China. CKGSB aspires to systematically prepare business leaders for what the AI era requires for strategic architecture capabilities and new leadership skills.”

Moderated by renowned journalist Yang Lan, the panel also featured executives and scholars including Unitree Robotics Founder and CEO Wang Xingxing, Haier CEO Zhou Yunjie, USC Professor of Law Angela Zhang Huyue, and Workera Founder and CEO Kian Katanforoosh.

In addition, Dean Li delivered a keynote speech at the session around Gen Z consumers. He noted that with Gen Z’s robust purchasing power and authentic passion for eco-conscious consumption, and as more start to evaluate companies’ sustainable commitment when making career decisions, companies must build a new collaboration structure where people at all levels get to affect decision making, contribute their own knowledge and jointly create value. Dean Li also participated at the Global University Leaders Meeting, discussing how higher education institutions should shape the future of research through partnerships and continue to serve as engines of innovation.

CKGSB also co-hosted CKGSB’s 2025 Davos Night in collaboration with Tencent’s Tencent News.

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SOURCE Cheung Kong Graduate School of Business (CKGSB)

NEW DELHI  , June 27, 2025 /PRNewswire/ —  The Global Green Diesel Market is set for remarkable expansion, forecasted to grow from USD 35.99 billion in 2024 to USD 69.86 billion by 2030, according to the latest market research report by MarkNtel Advisors. The market is expected to grow at a robust CAGR of 11.09% between 2025 and 2030.

Green diesel—also known as renewable diesel—is derived from animal fats, plant oils, algae, and more through advanced technologies like pyrolysis, hydrotreating, and gasification. The fuel is increasingly favored for its clean-burning properties, compatibility with existing diesel engines, and ability to reduce greenhouse gas emissions.

Industry Statistics: Size, Revenue & Growth

• Historical Years: 2020–23
• Base Years: 2024
• Forecast Years: 2025–30
• Market Value in 2024: USD 35.99 Billion
• Market Value by 2030: USD 69.86 Billion
• CAGR (2025–30): 11.09%

@Get No Cost Report free Sample PDF Copy – https://www.marknteladvisors.com/query/request-sample/green-diesel-market.html 

Prime Factor for Driving Growth of the Market

Governments worldwide are mandating greener fuels to combat climate change. Policies like the EU Renewable Energy Directive (RED) III and the U.S. Renewable Fuel Standard are accelerating the shift to green diesel, especially in transportation sectors.

Production capacity is also expanding, with average daily green diesel output projected to rise from 230,000 barrels in 2023 to 290,000 barrels by 2025, according to the U.S. Energy Information Administration (EIA).

“Green diesel is not just an alternative—it’s an imperative for industries and governments striving toward net-zero emissions,” the report notes. Major firms like Neste, Chevron Renewable Energy Group, Shell, and TotalEnergies are scaling operations to meet this growing demand.

Key Insights from the Green Diesel Market Report:

• North America holds a 30% market share due to strong policy support and increased investment in renewable refineries.
• Hydro-processing accounts for over 50% market share, favored for producing high-quality, low-emission diesel.
• Blended green diesel fuels captured over 60% of the market in 2024 due to cost-efficiency and compatibility.
• Used in power generation and increasingly in transportation, especially aviation and maritime sectors.

High Production Costs hinder the Green Diesel Industry Expansion

High production costs are hindering the growth of the renewable diesel market. Technologies like hydrotreatment and biomass-to-liquid are expensive, with firms like Holborn Europa spending over $514 million on new production plants. Fluctuating feedstock prices and costly pretreatment processes further drive up expenses. As a result, producers rely on government incentives to remain competitive with petroleum diesel. Rising production costs lead to higher selling prices, creating financial barriers for budget-conscious consumers and ultimately restricting market expansion.

Opportunity Ahead: Sustainable Practices in Aviation and Maritime Sectors

The green diesel market is poised for growth as the aviation and maritime sectors increasingly focus on sustainability. With a goal of achieving net-zero emissions by 2050, the global aviation industry is integrating sustainable fuels, spurred by the EU’s mandate for a 2% sustainable aviation fuel blend by 2025, rising to 70% by 2050. Similarly, the FuelEU Maritime Initiative, effective January 2025, aims for renewable and low-carbon fuels to comprise 6% to 9% of maritime transport fuel by 2030, increasing to 86% to 88% by 2050. Companies are adopting renewable diesel to meet these targets, exemplified by New York’s 2025 tender for renewable diesel in its ferries.

@For in-depth analysis, market data, and forecasts, access the complete study – https://www.marknteladvisors.com/research-library/green-diesel-market.html 

Sector Momentum and Strategic Developments

• 2025: OMV Petrom invested USD606 million in the construction of a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit, which will have a production capacity of 250,000 tons per year. It will end by 2028.
• 2024: Phillips 66 announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial-scale production of renewable diesel.

Industry Segmentation Analysis (2025-30)

• By Form (Pure Form, Blended Form)
• By Feedstock (Animal Fat, Vegetable Oil, Others)
• By Technology (Hydroprocessing, Biomass-to-Liquid, Pyrolysis, Others)
• By Application (Fuel, Power Generation) and Others

Hydro-Processing: Dominating Segment in the Green Diesel Market

Hydro-processing leads the green diesel market with over 50% share, involving the reaction of renewable oils with hydrogen under high temperature and pressure to yield green diesel. This method mimics the properties of ultra-low sulfur diesel (ULSD), making it favored by commercial facilities. Companies like Axens and Honeywell offer advanced hydro-processing technologies, enhancing production quality and reducing carbon emissions. In 2024, Acelen Renewables aimed to produce 20,000 barrels per day using Honeywell’s Ecofining technology. Collaborations between producers and tech providers, along with innovations in hydro-processing, are expected to drive market growth.

Market Geography:

Geographically, the Global Green Diesel Market expands across:

• North America
• South America
• Europe
• The Middle-East & Africa
• Asia-Pacific

North America Hold a 30% Green Diesel Market Share

North America captures about 30% of the green diesel market, driven by rising greenhouse gas concerns. In January 2023, the U.S. Department of Energy announced a $118 million investment in sustainable fuels. Additionally, Canada is increasing its renewable fuel blending target to 8% by April 2025, while European demand surges, boosting the industry outlook.

Key Players: Top Green Diesel Companies Worldwide

• Neste
• UPM Global
• Gevo
• Valero
• Chevron Renewable Energy Group
• Marathon Petroleum Corporation
• Enilive S.p.A.
• Phillips 66 Company
• TotalEnergies
• Aemetis, Inc.
• Global Clean Energy Holdings, Inc.
• Shell
• Repsol
• Acelen Renewables
• Heartwell Renewables, LLC
• Others

@Visit our website, for Regional or country-specific reports on this market –  https://www.marknteladvisors.com/query/request-customization/green-diesel-market.html 

Similar Report Topic –

Indonesian Diesel Generator Market Research Report: Forecast (2025-2030) –  The Indonesian Diesel Generator Market size was valued at around USD 486.43 million in 2024 and is expected to reach USD 1,055.28 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.70% during the forecast period, i.e., 2025-30.

Philippines Diesel Generator Market Research Report: Forecast (2025-2030) – The Philippines Diesel Generator Market size was valued at around USD182 Million in 2024 and is projected to reach USD311 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.40% during the forecast period, i.e., 2025-30.

U.S. Renewable Diesel Market Research Report: Forecast (2025-2030) – The US Renewable Diesel Market size was valued at around 99.42 MB (million barrels) in 2024 and is projected to reach 922.39 MB by 2030. Along with this, the market is estimated to grow at a CAGR of around 45% during the forecast period, i.e., 2025-30.

Thailand Portable Diesel Air Compressor Market Research Report: Forecast (2025-2030) – The Thailand Portable Diesel Air Compressor Market size was valued at around USD 17 million in 2024 and is projected to reach USD 25 million by 2030. It is also estimated to grow at a CAGR of around 5.45% during the forecast period, 2025-30.

Thailand Diesel Generator Market Research Report: Forecast (2023-2028) – The Thailand Diesel Generator Market is estimated to grow at a CAGR of around 4.56% during the forecast period, i.e., 2023-28.

Qatar Diesel Generator Market Research Report: Forecast (2023-2028) – The Qatar Diesel Generator market is projected to grow at a CAGR of around 8.25% during the forecast period, i.e., 2023-28.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

Contact:

MarkNtel Advisors
Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 8719999009
Email: sales@marknteladvisors.com
Content Source: https://www.marknteladvisors.com/press-release/green-diesel-market-size

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SOURCE MarkNtel Advisors

VANCOUVER, BC, June 26, 2025 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower” and the “Company”), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the fourth tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $200,000 (collectively, the “Loans“). Please refer to the Company’s news release dated May 13, 2025 for more details regarding the term loan offering.

The Company anticipates closing the fourth tranche of U.S. $200,000 from companies associated with the CEO and a Director of the Company (together, the “Lenders“). Management anticipates that the Company will allocate the net proceeds from the Loans towards production costs, supplier payments, payroll and working capital.

As an inducement for the Loans, the Company will issue non-transferable share purchase warrants (each, a “Loan Bonus Warrant“) to one of the Lenders, with the number of Loan Bonus Warrants to be determined by the principal amount of the applicable Loan divided by the Market Price (as such term is defined in the Policies of the TSX Venture Exchange) (the “Market Price“). Each Loan Bonus Warrant will entitle the holder to purchase one common share of the Company (each, a “Share“) at an exercise price equal to the Market Price of the Shares on the closing date for a period of twenty-four (24) months. In addition, one of the Lenders will be issued Shares (each a “Loan Bonus Share“), with the number of Loan Bonus Shares to be determined by taking 20% of principal amount of the applicable Loans divided by the Market Price.

The Lenders are each considered to be a “related party” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and each of the Loans and issuance of Loan Bonus Warrants and Loan Bonus Shares, as applicable, is considered to be a “related party transaction” within the meaning of MI 61-101 but each is exempt from the formal valuation requirement and minority approval requirements of MI 61-101 by virtue of the exemptions contained in section 5.5(a) and 5.7(a) as the fair market value, in each case, of the Loans, the Loan Bonus Warrants and the Loan Bonus Shares, as applicable, is not more than 25% of the Company’s market capitalization.

All securities issued in connection with the Loans will be subject to a statutory hold period of four months plus a day from the closing of the Initial Loan in accordance with applicable securities legislation.

For further information contact:

Fraser Atkinson, CEO
(604) 220-8048

Brendan Riley, President
(510) 910-3377

Michael Sieffert, CFO
(604) 563-4144

About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis.  GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com

Forward-Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “upon”, “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the Loan. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that the proceeds of the Loan may not be used as stated in this news release, and those additional risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca and with the United States Securities and Exchange Commission filed on EDGAR at www.sec.gov. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  ©2025 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

Income qualified customers can now join other residential and business customers in participating in Michigan’s renewable energy future

JACKSON, Mich., June 26, 2025 /PRNewswire/ — Consumers Energy today announced major progress in its milestone commitment to expanding customer renewable energy options to more Michiganders. Michigan’s largest energy provider launched “Green Giving” earlier this year. The one-of-a-kind program allows everyone to contribute to our sustainable energy future.

“Green Giving” saves income qualified customers money and provides access to the financial and environmental benefits from renewable energy projects with the help of community sponsored dollars. It means that regardless of income or location, customers can count on Consumers Energy and each other to be part of our  energy future.

“Green Giving is a game-changer! We’re thrilled to empower our most vulnerable customers with access to sustainable energy products which will enable cost savings. Together, we’re making Michigan’s energy future brighter for everyone,” said Lauren Snyder, Consumers Energy’s senior vice president, chief customer and growth officer.

Here’s how it works:

• The company utilizes sponsored dollars from those wanting to help fund low-income customer subscriptions tied to our projects.
• Consumers Energy, alongside our community-based organization agency partners, enrolls eligible customers to subscribe to renewable resources.
• Those resources then generate clean electricity, which is sold back into the grid.
• Then, the value we receive from renewable energy sales, gets passed along to those customers enrolled in “Green Giving” through a direct line-item credit on their bills of $10–$20/month.

Whether you’re a homeowner or a renter, anyone with an income of 200% or lower of the federal poverty level Consumers Energy is working to get you enrolled in programs that will help you reduce your energy use, save money, and protect the planet.

Consumers Energy so far has enrolled over 2,828 customers in the program through its My Personalized Offerings tool and automatic enrollment for eligible customers. Of those enrollments, nearly 12% are in environmental justice communities, which are those communities identified as most in need. Consumers Energy is working to expand eligibility for the program in the future to serve even more Michiganders.

Based on enrollments to date, 7,739 MWh of clean energy will be generated for the program, which, based on EPA calculations is equal to:

• 320,132,988 smartphones charged
• 1,590 tons of waste recycled instead of landfilled
• 4,515 acres of U.S forests in one year
• 506,443 gallons of gasoline consumed

For those interested in participating or to see what other offerings they may be eligible for, customers can visit consumersenergy.com/myoffer.

Consumers Energy is Michigan’s largest energy provider, providing natural gas and/or electricity to 6.8 million of the state’s 10 million residents in all 68 Lower Peninsula counties.

For more information about Consumers Energy, go to ConsumersEnergy.com.

Check out Consumers Energy on Social Media   

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy

 

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SOURCE Consumers Energy

WHEELING, W.Va., June 26, 2025 /PRNewswire/ — WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, is proud to announce a joint effort with the Paisley Foundation and the Community Foundation for the Ohio Valley (CFOV) to create the Disaster Response and Recovery Fund at the CFOV, which will support nonprofits helping individuals and families affected by the recent devastating flooding in the Upper Ohio Valley.

Grammy-winning country artist and West Virginia native Brad Paisley established the Paisley Foundation to support causes close to his heart—including helping communities in times of crisis. Severe flash flooding struck Wheeling and surrounding communities on June 14, triggering devastating damage across the region. Homes, businesses, vehicles, and infrastructure were destroyed, with tragic loss of life, widespread damage and long-term recovery needs.

The new fund will support immediate and longer-term recovery efforts for those impacted by the floods as well as any future disaster that occurs in the region. Through this initiative, WesBanco, the Paisley Foundation, and other community partners aim to bring financial assistance, resources, and hope to people in the region as they rebuild and recover.

To jumpstart the campaign, WesBanco and the Paisley Foundation are each contributing $25,000 to the Disaster Response and Recovery Fund at the CFOV. 100% of donations raised will go directly to response and recovery efforts in the eight-county region served by the CFOV for this and future disasters.

“The goal of the Paisley Foundation is to be there for our neighbors in their time of need,” shared Doug Paisley, Chairman, Paisley Foundation Board. “We are happy to participate in the on-going recovery efforts and encourage others to get involved as they did with Brad and the Foundation in our previous efforts following the Ohio River flooding and the West Virginia floods of a few years ago. We are glad to be working with WesBanco and the Community Foundation for the Ohio Valley.”

“WesBanco is deeply committed to the communities we serve, including in times of crisis. Wheeling is not only our headquarters but also home to many of our employees, some of whom were impacted by the recent flooding. We’re proud to partner with the Paisley Foundation and family, as well as the CFOV, to get critical support to those who need it most,” said Dave Klick, Upper Ohio Valley Market President, WesBanco. “We invite other local businesses, community partners, and individuals to join us in this effort – every contribution can make a difference in helping our community recover.”

To learn more or to contribute online to the relief fund, scan the QR code below or visit: Disaster Response and Recovery Fund Donation Portal. Checks should be made payable to the CFOV with “Disaster Recovery” in the memo line and sent to:

Community Foundation for the Ohio Valley
1226 Chapline St
Wheeling, WV 26003

About WesBanco, Inc.
With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our nine-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in Wheeling, West Virginia, WesBanco has $27.4 billion in total assets, with our Trust and Investment Services holding $7.0 billion of assets under management and securities account values (including annuities) of $2.4 billion through our broker/dealer, as of March 31, 2025. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

About the Paisley Foundation
The Paisley Foundation is organized exclusively for charitable, religious, scientific, and non-profit purposes, within the meaning of and to the fullest extent permitted by the West Virginia Corporations Act governing non-profit corporations and Section 501(C)(3) of the Internal Revenue Code of 1986, as now enacted and as the same may be amended from time to time. The purpose of The Paisley Foundation is to receive and maintain a fund for charitable, religious, education or scientific purposes; and more particularly, but without limiting the generality of the foregoing, to make grants or loans to other entities organized and operated exclusively for charitable, religious, educational or scientific purposes; to promote education and research; to aid or assist individuals; and generally to carry on either alone or in cooperation with others any and all activities in furtherance of one or more of the said purposes. Since 2002, The Paisley Foundation has granted in excess of $2.3 million in support of its purpose. Of that amount, almost $1.2 million has been granted for disaster relief recovery. 

About the Community Foundation for the Ohio Valley
Thanks to the diverse generosity of donors, the Community Foundation for the Ohio Valley continues to enhance the vibrancy of the Upper Ohio Valley since 1972. This is accomplished through meaningful charitable actions, strategic and initiative-driven investments, and thoughtful community leadership. With assets of $100 million, the Foundation distributed more than $3 million in grants and scholarships over the past year and provided support to projects and programs that lead to meaningful community betterment. To learn more, please visit the Foundation’s website at www.cfov.org.

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SOURCE WesBanco, Inc.

– Building the World’s Largest Advanced Energy and Artificial Intelligence Campus
– One Gigawatt Expected Online by the End of 2026

AMARILLO, Texas, June 26, 2025 /PRNewswire/ — Fermi America is pioneering the development of next-generation electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Secretary of Energy Rick Perry, Fermi America proudly answers President Donald J. Trump’s call to deliver global energy and AI dominance. The company is announcing a first-of-its-kind behind-the-meter HyperGrid™ campus that is expected to integrate the largest nuclear power complex in America, the nation’s biggest combined-cycle natural gas project, utility grid power, solar power, and battery energy storage to deliver next-generation artificial intelligence. Located in Amarillo, Texas, in partnership with the Texas Tech University System (TTU System), this ambitious project is expected to be the world’s largest energy-driven Artificial Intelligence complex.

Spanning 5,769 acres, the campus has the potential to deliver up to 11 gigawatts of power and 18 million square feet of artificial intelligence capacity. Strategically situated at the confluence of several of the nation’s largest gas pipelines and located atop one of the nation’s largest known natural gas fields, the site offers a prolific, firm, clean-burning and redundant gas supply. Leveraging the campus’s proximity to Pantex, the nation’s primary nuclear facility that has successfully stewarded the U.S. nuclear arsenal since 1951, underscores Fermi’s strategic position to build clean, safe, new nuclear power for America’s next-generation AI. The site also boasts some of the nation’s fastest premier fiber infrastructure and prime solar resources. Purpose-built for AI and data, the HyperGrid is expected to deliver clean, highly reliable base-load power at unprecedented scale.

Geotechnical work has already begun on the campus which is expected to deliver a gigawatt of online power by the end of 2026.

“The Chinese are building 22 nuclear reactors today to power the future of AI,” noted Rick Perry, former U.S. Energy Secretary and former Governor of Texas. “America has none. We’re behind, and it’s all hands on deck. President Trump’s first Executive Order addressed the energy issue and emphasized the need to continue making America energy dominant. His recent decisive action to sign four additional Executive Orders that pave the way for a nuclear power energy renaissance, demands that American innovators rise to the occasion. No one does energy better than Texas, and Fermi America and the Texas Tech University System are answering the call.”

“Today’s announcement of an advanced energy and intelligence campus in Amarillo marks a pivotal moment for the Texas Panhandle and for the United States,” added U.S. Congressman Ronny Jackson. “This strategic investment and key innovative partnership between Fermi America and the Texas Tech University System is expected to establish the world’s largest energy-driven data center, placing America firmly at the forefront of the global AI race against the Chinese Communist Party. This project signals the start of a new chapter of high-impact investment in the Texas Panhandle. I am incredibly proud that the region’s unmatched energy resources and skilled workforce will power this transformative project, solidifying our role in shaping the future of energy and technology.”

In addition to energy production, the partnership will significantly enhance the TTU System and further its mission by providing academic and research opportunities, as well as workforce training and placement programs.

“The Texas Tech University System is proud to partner with Fermi America on this historic endeavor,” noted TTU System Chancellor Tedd L. Mitchell, M.D. “Texas is the energy capital of the world, and this campus will not only be the largest energy and data complex of its kind, but also a testament to the unshakable spirit of our university, the Texas Panhandle and this great state. For more than a century, Texas Tech University and the Texas Tech University System have been committed to serving this region, and we intend to expand on that unique responsibility through this new partnership for many more years to come.”

“This partnership will not only position Texas Tech to address the evolving demands of the energy and technology sectors but will also create meaningful educational opportunities for our students and research possibilities across many disciplines for our faculty,” said Lawrence Schovanec, president of Texas Tech University.

As the United States approaches its 250th anniversary, the Advanced Energy and Intelligence Campus stands as a bold declaration of America’s leadership in strategic energy, technology, and artificial intelligence.

For media inquiries, please contact:

Lexi Swearingen

Media@FermiAmerica.com

About Fermi America™
Fermi America™ is pioneering the development of next-generation electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry, Fermi America combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, next-gen HyperGrid™ a first-of-its-kind behind-the-meter campus that is expected to integrate the largest nuclear power complex in America, the nation’s biggest combined-cycle natural gas project, utility grid power, solar power, and battery energy storage to deliver hyperscaler artificial intelligence.

About Texas Tech University System
Headquartered in Lubbock, Texas, the Texas Tech University System is one of the top public university systems in the nation, consisting of five universities dedicated to advancing higher education, health care, research and outreach. As a more than $3 billion enterprise operating at 21 academic locations across 17 cities (15 in Texas, 2 international), the TTU System has a statewide economic impact of $19.2 billion, with approximately 21,000 employees, 64,000 students and more than 400,000 alums. With a legacy of excellence in energy and technology research, engineering and development, the TTU System is a highly respected driving force in shaping the future of American industry.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives of management. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “will be,” “will likely result,” “should,” “expects,” “plans,” “anticipates,” “could,” “would,” “foresees,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “outlook,” or “continue” or the negative of these words or other similar terms or expressions. These forward-looking statements are not guarantees of future performance, but are based on management’s current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks.

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SOURCE Fermi America

Government Policies, Emission Standards, and Compact SUV Development Drive 16.2% CAGR Growth Across Global Automotive Markets

REDDING, Calif., June 26, 2025 /PRNewswire/ — The e-SUVs market is experiencing remarkable expansion, with market valuation projected to jump from USD 273.5 billion in 2025 to an anticipated USD 914.2 billion by 2032, representing a compound annual growth rate of 16.2% during the 2025-2032 forecast period. This growth reflects the automotive industry’s accelerated transition toward electrification, driven by stringent emission regulations, supportive government policies, and rising consumer preference for sustainable mobility solutions.

The market transformation is fueled by the global adoption and development of small and compact e-SUVs, government policies and regulations that support the electric vehicle industry, and increasingly stringent emission and fuel economy standards worldwide. These factors position the e-SUVs market as a cornerstone of the sustainable transportation revolution, according to the latest research report “e-SUVs Market Size, Share, Forecast, & Trends Analysis by Propulsion (Battery Electric SUV, Hybrid SUV), Size (Compact SUV, Mid-Size SUV, Full-Size SUV), Power Output (Less Than 150 KW, 150 KW to 250 KW, more than 250 KW), Geography – Global Forecast to 2032”, published by Meticulous Research®.

Access your FREE sample report: https://www.meticulousresearch.com/request-sample-report/cp_id=5958

Government Initiatives and Emission Standards Accelerate Market Growth

The e-SUVs market stands at the forefront of the global automotive electrification movement, driven by unprecedented government support and regulatory frameworks designed to combat climate change and reduce greenhouse gas emissions.

Stringent Emission Regulations Drive Industry Transformation

Governments worldwide are implementing increasingly stringent automotive emission regulations, compelling manufacturers to accelerate their electric vehicle development programs. These regulatory frameworks, combined with consumer demand for fuel-efficient vehicles and the global shift toward eco-friendly transportation solutions, create a powerful catalyst for e-SUV adoption across all market segments.

The expanding installation of charging infrastructure further supports this transition, addressing one of the primary barriers to electric vehicle adoption and making e-SUVs more accessible to mainstream consumers.

Compact SUV Development Reshapes Market Dynamics

The focus of automotive manufacturers on developing small and compact SUVs represents a strategic response to evolving consumer preferences and urban mobility requirements. Compact e-SUVs offer space efficiency, maneuverability, fuel efficiency, versatility, safety features, and stylish design, delivering a comprehensive driving experience that appeals to diverse consumer segments.

A significant example of this trend is Kia Corporation’s launch in May 2025 of the company’s first compact electric sports utility vehicle, built on its dedicated EV platform. This strategic move demonstrates the potential of the compact SUV market, even amid global EV market fluctuations.

Battery-Electric SUVs Command Market Leadership

Propulsion Technologies Define Market Segments

The battery-electric SUVs segment is expected to account for the largest share of over 64% of the global e-SUVs market in 2025. This dominance reflects increasingly stringent automotive emission regulations worldwide, consumer demand for fuel-efficient vehicles, the global shift toward eco-friendly transportation solutions, and the expanding charging infrastructure network.

However, the hybrid SUVs segment is projected to record the highest CAGR during the forecast period, driven by increasing investments by automotive OEMs for hybridization of vehicle powertrains, superior fuel efficiency, lower running costs compared to diesel or petrol-running vehicles, reduced emissions, and enhanced performance capabilities.

Mid-Size SUVs Lead Market Revenue Generation

The mid-size SUVs segment is expected to account for the largest share of over 42% of the global e-SUVs market in 2025. These vehicles, positioned between compact and full-size SUVs, offer better handling, higher fuel efficiency, and greater suitability for city driving and parking compared to full-size alternatives.

The compact SUV segment, however, is anticipated to grow at the highest CAGR during the forecast period, driven by fuel efficiency advantages, advanced safety features, rising consumer preference toward compact SUVs, and the growing focus of automotive manufacturers to launch compact electric SUVs with advanced capabilities.

Power Output Optimization Drives Performance Standards

The 150 KW to 250 KW power output segment is expected to account for the largest share of over 53% of the global e-SUVs market in 2025. This segment’s dominance is attributed to the increasing adoption of electric SUVs, growing investments by government authorities in EV charging infrastructure development, and favorable policies, incentives, and subsidies introduced by various state governments.

Explore customization options: https://www.meticulousresearch.com/request-customization/cp_id=5958

Asia-Pacific Establishes Global Market Leadership

Regional Dynamics Shape Market Evolution

Asia-Pacific is expected to account for the largest share of over 56% of the e-SUVs market in 2025, driven by government subsidies, tax incentives, and regulations supporting EV development and adoption. The region’s focus on reducing greenhouse gas emissions, growing automobile demand, and rising consumer preference for fuel-efficient mobility solutions position it as the global market leader.

The Asia-Pacific region is also projected to record the highest CAGR of over 19% during the forecast period. This exceptional growth is driven by increasing initiatives and investments supporting electric vehicle charging infrastructure, growing attention from major players to technological improvements in new products, and the expansion of production capacity across key markets.

Investment Opportunities and Market Challenges

OEM Investments Create Growth Opportunities

Increasing investment in e-SUVs by leading automotive OEMs presents significant opportunities for market expansion. These investments focus on research and development, manufacturing capacity expansion, and technological innovation to meet evolving consumer demands and regulatory requirements.

Pricing and Infrastructure Challenges

Despite robust growth prospects, the e-SUV market faces challenges including the high price premium compared to conventional SUVs and the absence of adequate charging infrastructure in developing countries. The expensive battery technology employed in EVs remains the primary factor driving pricing differentials, potentially limiting mass market adoption in price-sensitive segments.

View complete market analysis: https://www.meticulousresearch.com/view-pricing/1275

Key Players in e-SUVs Market

The e-SUVs market features intense competition among established automotive manufacturers and emerging electric vehicle specialists. Leading players include Tesla Inc. (U.S.), Toyota Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan), BYD Company Ltd. (China), Ford Motor Company (U.S.), Hyundai Motor Company (South Korea), Mercedes-Benz (Germany), Nissan Motor Corporation (Japan), Volkswagen AG (Germany), AB Volvo (Sweden), Kia Corporation (South Korea), and BMW (Germany).

These industry leaders are driving innovation through substantial investments in electric vehicle technology, charging infrastructure development, and strategic partnerships to accelerate market growth and enhance competitive positioning.

Related Reports:

Electric Vehicle Market Size, Share, Forecast, & Trends Analysis

Electric Commercial Vehicle Market Size, Share, Forecast, & Trends Analysis

Electric Car Market Size, Share, Forecast, & Trends Analysis

Electric Vehicle Charging Stations Market Size, Share, Forecast, & Trends Analysis

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence, strategic insights, and consulting services to serve clients across 11 major industries globally.

Meticulous Research® offers comprehensive market research reports, custom research, and consulting services. Our research studies help clients make informed business decisions and understand emerging business trends and opportunities. The company’s expertise spans across various domains, enabling it to provide accurate insights and strategic recommendations to its clients.

Contact:

Mr. Khushal Bombe
Meticulous Market Research Pvt. Ltd.
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SOURCE Meticulous Market Research Pvt Ltd.

Train riders can access special offers for the Disneyland Resort 70th Celebration

ORANGE, Calif., June 26, 2025 /PRNewswire/ — In celebration of the 70th anniversary of the Disneyland® Resort in Anaheim, Calif., the Los Angeles – San Diego – San Luis Obispo (LOSSAN) Rail Corridor Agency invites guests aboard Amtrak® Pacific Surfliner® to experience a whimsical limited-time train wrap rolling down the Southern California coast, designed to bring a bit of Disney joy to every leg of the journey. The custom-designed exterior train artwork, unveiled and placed into service on Wednesday, June 25th encourages summer travel to The Happiest Place on Earth. With special discounts on Disneyland Resort tickets and travel for riders, families can now start the fun the moment they board.

“We are thrilled to be part of the Disneyland Resort 70th Celebration,” said LOSSAN Agency Chair and City of Fullerton Mayor Fred Jung. “Taking the Pacific Surfliner to one of the world’s most iconic and beloved destinations makes magical memories start the moment your journey begins.”

“With the launch of our Disneyland Resort 70th Celebration, we’re excited to collaborate on this initiative and see the all-new 70th themed Amtrak Pacific Surfliner riding along the coastline of Southern California,” said Disneyland Resort Vice President of Sales and Services Lynn Clark. “As we honor the legacy of Disneyland Resort, we’re delighted to join LOSSAN to create magical, memorable vacation experiences together for our guests, where the celebration can begin even before they arrive.”

Magical Savings for Every Rider

Amtrak Pacific Surfliner offers a relaxing travel alternative with scenic views, spacious seating, free Wi-Fi and a café car. Whether planning a weekend getaway, a summer vacation or a day trip, the train is a stress-free option for Disney fans.

Connecting major Southern California destinations from San Diego to San Luis Obispo, Amtrak Pacific Surfliner provides easy access to Anaheim and the Disneyland Resort, making it the ideal first and last ride of a magical day.

To commemorate the Disneyland Resort 70th Celebration, Amtrak riders can unlock the following special offers:

• Save 5% on Disneyland Resort Theme Park Admission – Available for a limited time, Amtrak Pacific Surfliner customers can enjoy 5% savings on standard theme park tickets (1-day or more Park Hopper ticket) and the Disneyland Anniversary Ticket Offer (specially priced 3- and 4-day tickets valid now – August 14, 2025). Savings available after tickets are purchased through the Disneyland Resort Online Ticket Store at PacificSurfliner.com/Disney.
• Save 20% on Train Travel to Anaheim – Use promo code V712 when booking an Amtrak Pacific Surfliner ride to Anaheim for a 20% discount on adult fares.This offer is valid for travel on Amtrak Pacific Surfliner only and not combinable with any other discount offer. Discount is available for adult fares and applied at checkout. Fares, routes and schedules are subject to change. Other restrictions may apply.
• Free Shuttle to the Park – Guests arriving at the Anaheim Station can present their Amtrak ticket to board a complimentary ART (Anaheim Regional Transportation) shuttle to the Disneyland Resort.

For more information, please visit PacificSurfliner.com/Disney.

Celebrate 70 Years of Happiness

The Disneyland Resort 70th Celebration is the perfect summer travel destination accessed through Anaheim Station aboard Amtrak Pacific Surfliner with special festivities for all ages to enjoy. The yearlong party honors seven decades of joy with Disney characters in their celebratory attire, parades and nighttime spectaculars at Disneyland Park and Disney California Adventure Park, as well as dazzling décor, collectible souvenirs and themed food and beverage throughout both parks, the Downtown Disney District and the three on-site Hotels of the Disneyland Resort.

For more details, visit Disneyland.com.

About the Amtrak^® Pacific Surfliner^®

The Pacific Surfliner travels along a 351-mile coastal rail route through San Diego, Orange, Los Angeles, Ventura, Santa Barbara and San Luis Obispo counties, serving 29 stations. It is the busiest state-supported intercity passenger rail route in the United States. To learn more and plan a trip, visit pacificsurfliner.com.

About the LOSSAN Rail Corridor Agency
The Los Angeles – San Diego – San Luis Obispo (LOSSAN) Rail Corridor Agency is a joint powers authority composed of rail owners, operators and planning agencies along the entire LOSSAN Rail Corridor.  In addition to working to improve passenger rail ridership, revenue, on- time performance, operational flexibility, and safety, the LOSSAN Agency assumed management responsibility for the Pacific Surfliner service in July 2015, following the execution of an interagency transfer agreement with the state of California. For more information, visit Lossan.org.

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SOURCE Amtrak® Pacific Surfliner

ST. LOUIS, June 26, 2025 /PRNewswire/ — Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, today announced it will make a $400,000 contribution to disaster relief following the devastating tornado that swept through St. Louis in May.

The May 16 tornado caused widespread damage in parts of St. Louis, displacing families and disrupting the lives of thousands in the community. Graybar’s contribution will support immediate needs and long-term recovery for residents affected by the disaster.

Graybar’s donation will be distributed among several local organizations that provide essential services such as food, shelter, access to medical care and cleanup assistance. Graybar is also coordinating donations of materials and services from other companies, including 3M Company and Milwaukee Tool, which provided work gloves, protective eyewear, hard hats and other critical supplies for the relief efforts.

“Graybar is proud to call St. Louis home, and our hearts go out to our neighbors who have been impacted by this storm,” said Chairman, President and CEO Kathy Mazzarella. “While the damage is significant, we know our community is resilient, and we will get through this together. We hope our contribution helps St. Louis recover, rebuild and emerge even stronger for the future.”

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, industrial, automation and connectivity products, and specializes in related supply chain management and logistics services. Through its network of more than 350 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.

Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com

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SOURCE Graybar