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Nostromo will use funds to deploy its IceBrick® thermal energy storage systems in 193 commercial buildings across California IRVINE, Calif. , Dec. 9, 2024 /PRNewswire/ -- Nostromo Energy , provider of the IceBrick® system, a virtual power plant (VPP)-enabled thermal energy storage solution for commercial and industrial buildings, announced today that it has received a conditional commitment for a loan guarantee of up to $305.5 million from the U.S. Department of Energy's (DOE) Loan Programs Office (LPO). The proposed financing would be used by Nostromo for Project IceBrick® – the first, wide-scale deployment of Nostromo's technology to reduce costs, emissions, and grid strain related to electricity for commercial cooling. If finalized, the loan will finance the deployment of IceBrick® installations at up to 193 commercial buildings and facilities across California . Nostromo will also target installing at least 20% of these projects in disadvantaged communities, further improving the reliability of local systems. Project IceBrick® has the potential to create more than 200 jobs, including over 170 peak construction jobs. Over the 5-year construction period, the project will also create more than 874 annual job equivalents, including hiring installation contractors from disadvantaged communities when possible. The project could also enable the state's bulk power system to avoid up to 500,000 tonnes of CO2 emissions over its lifetime by installing a potential equivalent of 170 MW (450 MWh) of behind-the-meter, or on-site, storage capacity in buildings – while making power more reliable and affordable. Seventy-four percent of all electricity in the US is consumed by buildings, with approximately half used to maintain thermal conditions, representing the largest load on both buildings and the power grid. California is the second-largest total energy consumer by state in the US and has set a target of being a 60% clean energy grid by 2030 and 100% by 2045. Nostromo's IceBrick® ice-based thermal energy storage (TES) technology reduces costs, emissions, and grid-congestion associated with the largest energy use in large commercial buildings-HVAC. The IceBrick® systems charge when electricity is cheap and clean (when renewables are available) and discharge later for use when power is both expensive and polluting. The IceBrick storage cells are 100% US-made from recycled or recyclable materials. All IceBrick® systems are centrally managed for grid-integration as a virtual power plant (VPP). They are compatible for new buildings or retrofitting on properties including hotels, offices, data centers, and hospitals. Host building owners can install IceBrick® systems without any capital or other upfront costs under Nostromo's "Energy Storage-as-a-Service" (ESaaS) program. Project IceBrick® is the third VPP project that the LPO has announced and the first to use TES. The potential for VPPs to alleviate grid load is significant as peak hours air conditioning accounts for approximately 50% of US electricity load during those hours. VPPs are aggregations of electrified, grid-connected devices, including grid interactive efficient buildings . They reduce utilities' reliance on natural gas peaker plants and the strain on transmission and distribution infrastructure by intelligently time-shifting cooling loads to shave electricity demand from times of peak usage, when electricity is most carbon-intensive. As a VPP, Project IceBrick supports a higher rate of grid asset utilization, further tempering cost increases for Californians, who face some of the highest electricity bills in the nation. "We're excited to help fulfill the vision of the DOE and LPO to make VPPs a key resource of the modern grid by serving up to 20% of its peak loads and making power more secure, affordable and clean," said Yoram Ashery, CEO of Nostromo Energy. "This project will benefit not only commercial buildings, but also electricity consumers in general, create hundreds of good paying domestic jobs, and reduce emissions from gas peaker plants which mostly impact disadvantaged communities around them." The loan guarantee for Project IceBrick would be issued under the Title 17 Clean Energy Financing Program, of the Energy Policy Act of 2005. Financing for the first Project IceBrick will be provided, subject to the outstanding required approval, by the DOE guaranteed loan of up to $305.5 million (inclusive of $1.85 million of capitalized interest), and in addition project equity, for which a term sheet has been executed with a private equity management firm, and investment tax credits (ITC). Nostromo has recently completed the sale of the ITC earned on its first IceBrick® system. In conjunction with Project IceBrick, Independence Point Securities is the exclusive financial advisor to Nostromo Energy. This conditional commitment indicates DOE's intent to finance the project, however, DOE must complete an environmental review, and the company must satisfy certain technical, legal, environmental, commercial, and financial conditions before the Department can decide whether to enter into definitive financing documents and fund the loan guarantee. For more information, review the DOE's announcement blog . About Nostromo Energy Nostromo Energy's ice-based energy storage solution is redefining energy storage for commercial and industrial buildings, enabling them to become sustainable energy storage assets and reduce their energy costs and carbon emissions. Nostromo's IceBrick® system uses ice to store energy when electricity prices are low and renewable energy is abundant, and later discharge the energy to avoid purchasing electricity that is both carbon-intensive and expensive. In this way, Nostromo helps accelerate the renewable revolution and paves the way to a carbon-free electric grid, while offering building owners a safe, clean, and financially beneficial energy storage solution. The IceBrick® is non-flammable, modular, and compact, easily retrofitted to existing commercial and industrial buildings. To learn more about Nostromo and the IceBrick® technology, visit www.nostromo.energy . Nostromo Energy's IceBrick® System Nostromo's IceBrick system is composed of thermal storage cells that are modular and compact, allowing for installation in a variety of building types as well as various locations within a building, such as in a basement or on a roof. It operates by using regular electricity to freeze a water-based solution during the hours when the grid's electricity supply is at its most abundant and clean. The stored energy in the frozen IceBricks is then used to help power the building's cooling system during hours of peak demand, reducing the need to rely on power from the grid at these times, which are the most expensive and when the grid faces highest demand and produces electricity from the most carbon-intensive and polluting sources. Nostromo's VPP software can control operation and performance of IceBrick systems either as standalone systems or in concert as a VPP. The IceBrick storage cells are manufactured entirely in the US, from partially recycled and 100% recyclable materials. Contact: Rebecca Ash rebecca@gova10.com View original content: https://www.prnewswire.com/news-releases/nostromo-energy-secures-305-million-conditional-commitment-from-us-department-of-energy-to-cut-climate-impact-and-costs-of-cooling-in-large-california-buildings-302326710.html SOURCE NostromoRevanth is Heading a ‘Madari Sarkar’ Says Naddafortune gems withdrawal



The San Francisco 49ers are preparing for their Week 17 contest against the Detroit Lions on Monday at Levi's Stadium in Santa Clara, California. On Wednesday, the 49ers placed tackle Jaylon Moore on injured reserve, officially ending his season. Moore had been filling in at left tackle for Trent Williams, who has now missed five consecutive games. On Thursday, the team also placed Williams on injured reserve. The offensive line remains a concern, with other key players sidelined. Left guard Aaron Banks, who suffered an MCL injury during Sunday's game against the Miami Dolphins, will not return this season. Right guard Spencer Burford, who is dealing with a calf injury, was also unavailable for Thursday's practice but still has a chance to play against the Lions. " It's going to be tight ," head coach Kyle Shanahan admitted. "There's a chance." In addition to the offensive line issues, linebacker Dre Greenlaw did not practice and has been ruled out for the rest of the season. Meanwhile, safety Ji'Ayir Brown, running back Isaac Guerendo, and right tackle Colton McKivitz were among the limited participants in Thursday's session. Defensive end Nick Bosa was a full participant. Below are Thursday's practice participation reports for both the 49ers and Lions, which were provided by the 49ers Communications staff. San Francisco 49ers Thursday Practice Did Not Participate In Practice G Aaron Banks (knee), DE Robert Beal (ankle), G Spencer Burford (calf), LB Dre Greenlaw (calf) Limited Participation in Practice S Ji'Ayir Brown (ankle), DE Leonard Floyd (shoulder), RB Isaac Guerendo (foot, hamstring), T Colton McKivitz (knee) Full Participation in Practice LB Tatum Bethune (knee), DE Nick Bosa (hip, oblique), DT Jordan Elliott (knee), S Talanoa Hufanga (wrist), LB Dee Winters (chest) Detroit Lions Thursday Practice Did Not Participate In Practice CB Terrion Arnold (illness), RB David Montgomery (knee) Full Participation in Practice G Graham Glasgow (knee), WR Kalif Raymond (foot), LB Jalen Reeves-Maybin (neck) This article first appeared on 49ers Webzone and was syndicated with permission.NEW YORK — “Barbenheimer” was a phenomenon impossible to manufacture. But, more than a year later, that hasn’t stopped people from trying to make “Glicked” — or even “Babyratu” — happen. The counterprogramming of “Barbie” and “Oppenheimer” in July 2023 hit a nerve culturally and had the receipts to back it up. Unlike so many things that begin as memes, it transcended its online beginnings. Instead of an either-or, the two movies ultimately complemented and boosted one another at the box office. And ever since, moviegoers, marketers and meme makers have been trying to recreate that moment, searching the movie release schedule for odd mashups and sending candidates off into the social media void. Most attempts have fizzled (sorry, “Saw Patrol” ). This weekend is perhaps the closest approximation yet as the Broadway musical adaptation “Wicked” opens Friday against the chest-thumping sword-and-sandals epic “Gladiator II.” Two big studio releases (Universal and Paramount), with one-name titles, opposite tones and aesthetics and big blockbuster energy — it was already halfway there before the name game began: “Wickiator,” “Wadiator,” “Gladwick” and even the eyebrow raising “Gladicked” have all been suggested. “'Glicked' rolls off the tongue a little bit more,” actor Fred Hechinger said at the New York screening of “Gladiator II” this week. “I think we should all band around ‘Glicked.’ It gets too confusing if you have four or five different names for it.” As with “Barbenheimer," as reductive as it might seem, “Glicked” also has the male/female divide that make the fan art extra silly. One is pink and bright and awash in sparkles, tulle, Broadway bangers and brand tie-ins; The other is all sweat and sand, blood and bulging muscles. Both films topped Fandango’s most anticipated holiday movie survey, where 65% of respondents said that they were interested in the “Glicked” double feature. Theaters big and small are also pulling out the stops with movie-themed tie-ins. B&B Theaters will have Roman guards tearing tickets at some locations and Maximus popcorn tubs. Marcus Theaters is doing Oz photo ops and friendship bracelet-making. Alamo Drafthouse is leaning into the singalong aspect (beware, though, not all theaters are embracing this) and the punny drinks like “Defying Gravi-Tea.” “Rather than it being in competition, I think they’re in conversation,” “Gladiator II” star Paul Mescal said. “This industry needs a shot in the arm. Those films gave it last year. We hope to do it this year.” And the hope is that audiences will flock to theaters to be part of this moment as well. It's a sorely needed influx of could-be blockbusters into a marketplace that's still at an 11% deficit from last year and down 27.2% from 2019, according to data from Comscore. “Competition is good for the marketplace. It’s good for consumers,” said Michael O'Leary, the president and CEO of the National Association of Theatre Owners. “Having two great movies coming out at the same time is simply a multiplier effect.” “Glicked” is currently tracking for a combined North American debut in the $165 million range, with “Wicked” forecast to earn around $100 million (up from the $80 million estimates a few weeks ago) and “Gladiator II” pegged for the $65 million range. “Barbenheimer” shattered its projections last July. Going into that weekend, “Barbie” had been pegged for $90 million and “Oppenheimer” around $40 million. Ultimately, they brought in a combined $244 million in that first outing, and nearly $2.4 billion by the end of their runs. It’s possible “Glicked” will exceed expectations, too. And it has the advantage of another behemoth coming close behind: “Moana 2,” which opens just five days later on the Wednesday before the Thanksgiving holiday. “Glickedana” triple feature anyone? “These are 10 important days,” O'Leary said. “It’s going to show the moviegoing audience that there’s a lot of compelling stuff out there for them to see.” There are infinite caveats to the imperfect comparison to “Barbenheimer,” as well. “Wicked” is a “Part One.” Musicals carry their own baggage with moviegoers, even those based on wildly successful productions (ahem, “Cats”). “Gladiator II” got a head start and opened internationally last weekend. In fact, in the U.K. it played alongside “Paddington in Peru,” where that double was pegged “Gladdington.” “Gladiator” reviews, while positive, are a little more divided than the others. And neither directors Ridley Scott nor Jon M. Chu has the built-in box office cache that Christopher Nolan’s name alone carries at the moment. The new films also cost more than “Barbie” ($145 million) and “Oppenheimer” ($100 million). According to reports, “Gladiator II” had a $250 million price tag; “Wicked” reportedly cost $150 million to produce (and that does not include the cost of the second film, due next year). The narrative, though, has shifted away from “who will win the weekend.” Earlier this year, Chu told The Associated Press that he loves that this is a moment where “we can root for all movies all the time.” Close behind are a bevy of Christmas releases with double feature potential, but those feel a little more niche. There’s the remake of “Nosferatu,” the Nicole Kidman kink pic “Babygirl” and the Bob Dylan biopic “A Complete Unknown.” The internet can’t even seem to decide on its angle for that batch of contenders, and none exactly screams blockbuster. Sometimes the joy is just in the game, however. Some are sticking with the one-name mashup (“Babyratu”); others are suggesting that the fact that two of the movies feature real-life exes (Timothée Chalamet and Lily-Rose Depp) is enough reason for a double feature. And getting people talking is half the battle. When in doubt, or lacking a catchy name, there’s always the default: “This is my Barbenheimer.” ___ Associated Press journalist John Carucci and Film Writer Jake Coyle contributed reporting.Union Minister of Rural Development and Agriculture & Farmers’ Welfare, Shri Shivraj Singh Chouhan will launch the third edition of Nayi Chetna – Pahal Badlaav Ki, a national campaign against gender-based violence on 25th November 2024 in Rang Bhawan Auditorium, All India Radio, Sansad Marg, New Delhi. Union Minister of Women and Child Development Smt. Annpurna Devi will also grace the event in a collective effort of the government to eliminate gender-based violence. The month-long campaign, organized by the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) under the aegis of the Ministry of Rural Development, will run across all Indian States and Union Territories until 23rd December 2024. This initiative, led by DAY-NRLM’s extensive Self-Help Group (SHG) network, embodies the spirit of Jan Andolan. The campaign is a collaborative effort in the spirit of “whole of government” approach and will witness participation of 9 Ministries/Departments namely Ministry of Women and Child Development, Ministry of Health and Family Welfare, Department of School Education and Literacy, Ministry of Home Affairs, Ministry of Panchayati Raj, Ministry of Social Justice and Empowerment, Ministry of Youth Affairs and Sports, Ministry of Information and Broadcasting and Department of Justice. The Nayi Chetna campaign aims to amplify awareness and drive informed action against gender-based violence through grassroots initiatives. Since its inception, Nayi Chetna has mobilized millions nationwide, fostering a significant movement for gender equality and women’s empowerment. The first edition reached 3.5 crore people, supported by multiple line ministries, while Nayi Chetna 2.0 engaged 5.5 crore participants across 31 States and Union Territories, with over 9 lakh awareness activities on gender-based violence conducted nationwide. The objectives of Nayi Chetna 3.0 include raising awareness of all forms of gender-based violence, encouraging communities to speak out and demand action, providing access to support systems for timely assistance and empowering local institutions to act decisively against violence. The campaign’s slogan, “Ek Saath, Ek Awaaz, Hinsa Ke Khilaaf,” embodies the call for collective action through convergence efforts, adopting a whole-of-society and whole-of-government approach.

Five Below, Inc. Names Winnie Park Chief Executive Officer

HONOLULU, Dec. 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB), (“First Hawaiian” or the “Company”) announced today that Christopher L. Dods, Vice Chairman and Chief Operating Officer of First Hawaiian, Inc and First Hawaiian Bank, has submitted his resignation effective March 31, 2025. He will continue to work with the management team through the first quarter of 2025 to ensure a smooth transition of his responsibilities. Chris Dods joined First Hawaiian Bank in 2007 in the Card Services Division where he oversaw credit and debit card product development, operations, and compliance. Over time, his responsibilities grew to include marketing, corporate communications, digital banking, and all consumer products. In 2021 he was promoted to Vice Chairman and Chief Operating Officer and given oversight of Enterprise Technology Management, Enterprise Operations Services, Data and Analytics, and Strategy and Transformation. “Chris has been a key member of our management team and has made significant contributions to FHB during his time at the bank,” said Bob Harrison, Chairman, President, and CEO. “Under his leadership, we have made great strides in modernizing the bank and creating a user-friendly, highly functional digital experience for both our consumer and business customers. We would like to thank Chris for his contributions and wish him well in his future endeavors.” “My career here will always be a source of pride, and my love for the people and the organization can never be overstated,” said First Hawaiian, Inc. COO Chris Dods. “It has been a privilege to work at such a fine and storied institution as First Hawaiian Bank.” First Hawaiian, Inc. First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii’s largest financial institution with branch locations throughout Hawaii, Guam, and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company’s website, www.fhb.com . A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88c8436c-80fd-418c-8910-f90e506f6d5fNew images appear to show suspected UnitedHealthcare CEO killer in back of taxi

Winston’s performance in snowy win over Steelers adds new layer to Browns’ quarterback conundrumAnother Marshon Lattimore update makes the Saints look like they knew more than anyone expected