Latest news with #ETP
Yahoo
5 days ago
- Business
- Yahoo
Southern Company, EPRI Program To Accelerate Emerging Technologies
ATLANTA, GA / / May 31, 2025 / Southern Company and EPRI, a non-profit energy research and development organization, are launching a pilot program to advance technologies that will support an affordable, reliable and resilient energy future. The Emerging Technologies Pilot Program (ETP Program) is a collaborative initiative that will accelerate the validation and deployment of cutting-edge energy solutions. This unique collaboration will leverage Southern Company's ability to serve energy to homes and businesses and EPRI's experience connecting start-up companies with energy providers through its Incubatenergy Labs (IEL) program. The ETP program is designed to address many of the challenges major corporations often face when implementing new products or services and aims to shorten the amount of time it takes to gain value from novel technologies. Maximizing this "time to value" will provide access to smaller companies that can help the power industry to more rapidly assess, prepare and eventually integrate technologies that will shape the future of energy. Under this program, Southern Company will identify critical strategic and operational needs, and EPRI will utilize its extensive network and technical expertise to connect with companies whose technologies meet those business objectives. Based on EPRI's research and insights, Southern Company will then prioritize and advance he most promising concepts for potential future development. The ETP Program will streamline processes and take advantage of the collective expertise of Southern Company and EPRI, with the key benefits to: Accelerate pilot selection and advancement: EPRI's rigorous evaluation process will support efforts to identify compelling companies, streamlining the technology review and contracting process. Enhance resource utilization: Southern Company will utilize EPRI's expertise and resources to help address constraints often associated with integrating a startup company's technology into a large corporate enterprise. Reduce risk: The program's ability to leverage EPRI's expertise and resources will create a "sandbox" environment that will help mitigate risks associated with demonstrating new technologies. "The energy landscape is rapidly evolving, and it is crucial that we embrace innovation to meet the growing demands of our customers," said Robin Lanier, New Ventures director for Southern Company. "The Emerging Technologies Pilot Program with EPRI will enable us to quickly identify and validate promising technologies, and help ensure that we remain at the forefront of energy innovation and continue to deliver clean, safe, reliable and affordable energy solutions." "EPRI is committed to accelerating the development and deployment of advanced technologies that support affordable, reliable and resilient energy," said Dan Killoren, head of the Global Innovation Hub for EPRI. "We look forward to working with Southern Company and its subsidiaries in this collaboration as we further our goal of rapidly evaluating and integrating innovative solutions that can benefit the energy industry and society." About Southern CompanySouthern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy infrastructure company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit About EPRIFounded in 1972, EPRI is the world's preeminent independent, non-profit energy research and development organization, with offices around the world. EPRI's trusted experts collaborate with more than 450 companies in 45 countries, driving innovation to ensure the public has clean, safe, reliable, affordable energy, and equitable access to electricity across the globe. Together…shaping the future of energy®. SOURCE Southern Company For further information: Southern Company Media Relations, 404-506-5333 or 1-866-506-5333, View additional multimedia and more ESG storytelling from Southern Company on Info:Spokesperson: Southern CompanyWebsite: info@ SOURCE: Southern Company View the original press release on ACCESS Newswire
Globe and Mail
27-05-2025
- Business
- Globe and Mail
DeFi Technologies Reaffirms US$201.07 Million 2025 Revenue Guidance; Maintains Position as Largest Institutional Asset Manager of Solana in North America and Third Largest in Europe
TORONTO, /CNW/ - DeFi Technologies Inc. (the " Company" or " DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, " Valour"), a leading issuer of exchange traded products (" ETPs"), that its Solana (" SOL") exchange traded product (" ETP"), has once again become the Company's largest product by assets under management (" AUM"), surpassing its flagship Bitcoin (" BTC") ETP.
Yahoo
27-05-2025
- Business
- Yahoo
21Shares Slashes Fee on Flagship HODL ETP to 0.99%
Fee cut positions HODL as one of the most competitive crypto index ETPs in Europe Zurich, 27 May 2025 – 21Shares AG, one of the world's leading providers of cryptocurrency exchange-traded products (ETPs), today announced a significant fee reduction on its flagship diversified crypto index ETP, the 21Shares Crypto Basket Index ETP (HODL). HODL was the world's first physically-backed crypto ETP, listed back in 2018, and is currently the most liquid crypto basket in Europe. The fee cut will be effective as of May 27. The total expense ratio (TER) has been lowered from 2.50% to 0.99%, making it one of the most cost-effective crypto index products on the market. As part of this update, HODL will also shift from a monthly to a quarterly rebalancing schedule (effective as of June 20), a move designed to better reflect market dynamics and align with long-term investor preferences. 'This fee reduction reflects our continued commitment to delivering institutional-grade crypto solutions without compromising on quality and transparency,' said Mandy Chiu, Head of Financial Product Development at 21Shares. 'We are anticipating more inflows into diversified crypto strategies, and lowering the cost of access to HODL is a natural step as the market matures. HODL remains the go-to solution for efficient, long-term exposure to the broader digital asset market.' The 21Shares Crypto Basket Index ETP (HODL) offers investors broad-based exposure to the digital asset market by tracking a diversified portfolio of the most prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and BNB. This multi-asset approach enables investors to gain balanced exposure to the crypto market through a single, efficient product. With its newly reduced total expense ratio of 0.99%, HODL is now positioned among the most competitively priced crypto index ETPs globally, reinforcing 21Shares' commitment to accessible and cost-effective investment solutions. The product is also 100% physically backed, with all underlying digital assets held in cold storage by a regulated, institutional-grade custodian. This ensures a high level of transparency and asset protection, aligning with the expectations of both retail and institutional investors. For more information, visit to editors About 21Shares 21Shares is one of the world's leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world's first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions. 21Shares is a member of a global leader in decentralized finance. For more information, please visit Media ContactMatteo DISCLAIMER This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice. This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States. Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order'); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer's Base Prospectus (EU) is made available on the Issuer's website under The approval of the Issuer's Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer's Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand. This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the 'FinSA') and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG's website ( or ###Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Indian Express
16-05-2025
- Indian Express
Three labourers die of asphyxiation while cleaning septic tank in Ahmedabad, two booked: Police
Three workers died after allegedly inhaling toxic gases while cleaning a septic tank at a factory in Gujarat's Ahmedabad city on Friday, police said, adding two people have been booked and detained in connection with the case. The incident took place at an effluent treatment plant (ETP) of a private company in Danilimda area of Ahmedabad city, according to the police. The police have booked the labour contractor and plant manager of the company for culpable homicide not amounting to murder and detained them. The police identified the deceased as Prakash Soma Parmar (21), Sunil Popat Rathva (25) and Vishal Mohan Thakor (22). According to the police, the incident took place on Friday morning at the denim manufacturing company called MK Creation. The unit had remained shut for some time, and the owner wanted to restart the facility and had hired a contractor to clean the septic tank, said police sources. Inspector GJ Ravat of Danilimda police station said, 'According to the primary probe, one worker fell unconscious while cleaning the underground tank after he inhaled toxic gases, following which the other two followed to see what had happened to him but they too fell unconscious'. 'The three workers were somehow taken out of the tank and rushed to a hospital, where doctors declared them dead,' said Ravat. Based on a complaint by victim Prakash's uncle Bhagwan Dahya Parmar (52), an FIR was filed into the matter at Danilimda police station at 2:05 pm on Friday. The FIR, quoting Bhagwan Parmar, said that around 9 am Friday, he got a call from his niece Asha who informed him that her brother Prakash Soma Parmar along with Sunil and Vishal 'had suffered ill effects of noxious gases and had been admitted to LG Hospital in Maninagar'. However, when the complainant reached the hospital, he found that all three had been declared dead by the doctor. When the families of the deceased spoke to two other men, who were witnesses to the tragedy, they found out that ETP contractor Jignesh Ramesh Purabiya had contracted the cleaning of the tank for Rs18,000, said police. According to the FIR, five workers had started cleaning the tank on Thursday. 'Before starting work, they had sought safety equipment such as masks, helmets and gloves but none of these were provided to the five workers either by Purabiya or by manager Naushad Salim Shaikh,' said the FIR. The three labourers resumed the work without safety equipment on Friday, said the police. LG Hospital Medical Superintendent Dr Leena Dabhi told The Indian Express, 'The three men had suffered the effects of gases from an underground septic tank and were brought to the hospital around 9:45 am. They were brought dead.' Accused manager Naushad Salim Shaikh and contractor Jignesh Ramesh Purabiya have been booked under BNS Sections 105 (culpable homicide not amounting to murder), 125 (endangering human life or safety), 286 (negligent conduct involving poisonous substances), and 54 (abettor present). Till the filing of this report, both accused were detained and had not been placed under arrest. A probe is underway into the matter.
The Hindu
15-05-2025
- Health
- The Hindu
Effluent treatment plant at dyeing unit in Cuddalore SIPCOT collapses, flooding neighbourhood; 19 hospitalised
An effluent treatment plant (ETP), located on the premises of a dyeing unit in Cuddalore SIPCOT, collapsed in the early hours of Thursday (May 15, 2025), scattering debris and flooding houses in the vicinity of the unit in Kudikadu Colony. As many as 19 persons, mostly residents of Kudikadu Colony, suffered health complications, such as irritation in the eyes, nausea, and sudden sapping of energy. They were admitted to the Cuddalore Government General Hospital. The ETP, built to treat 6 lakh litres of wastewater from the dyeing unit and mounted on a structure, gave away at around 3.30 a.m. Though the workers were spared from the deluge that followed, it damaged the compound wall located near the ETP and flooded 20 houses. Eyewitnesses said the fumes from the effluents densely enveloped the area, spreading panic among the residents. Official sources said the condition of the affected residents was stable and they would be kept under observation for a day. 'We will carry out a probe to ascertain the probable causes behind the incident,' an official said. Following the incident, people in the neighbourhood blocked traffic on the Cuddalore-Chidambaram Road, urging the authorities to take stern measures against the company management. The district administration acted swiftly to contain the fallout. Collector Sibi Adhithya Senthil Kumar said officials from the Tamil Nadu Pollution Control Board (TNPCB) were at the spot to investigate the incident. Temporary closure of unit recommended As many as 19 residents have been admitted to the Cuddalore GH with minor ailments, and their condition is stable. A temporary closure of the unit has been recommended in the interest of public safety. Work to clean the debris and the wastewater that had flooded the houses has begun. A medical team has also been stationed at the village to address the issue, he said. According to T. Arulselvam, coordinator of SIPCOT Area Community Environmental Monitors (SACEM): 'It is a matter of concern that there is no let-up in accidents in SIPCOT. There is a need to review basic safety measures and non-conduct of safety audit at industrial units. Had the dyeing unit conducted an off-site mock drill, the incident's impact could have been minimised. The district administration should ensure adequate compensation to the affected as mandated under the Public Liability Insurance Act, 1991.'
