Globenewswire | May 15, 2023
Matrix Service Company, a leading provider of engineering and construction services to the energy and industrial markets, announced today that its subsidiary, Matrix PDM Engineering, has signed an exclusive Memorandum of Understanding with Tissot Industrie, headquartered in Podensac, France, which allows each to offer total Engineering, Procurement, and Construction (EPC) solutions for liquid hydrogen storage across the United Kingdom, Norway, Switzerland, and the European Union.
“We are excited about the significant role Matrix, together with Tissot, will play in building out the infrastructure needed to meet an enormous global demand for hydrogen. This partnership marries Matrix PDM’s unrivaled expertise in cryogenic engineering and technologies with Tissot’s world-class international construction expertise to provide complete solutions for customers across Europe that are seeking storage and terminal solutions to support their hydrogen ambitions,” said Matrix Service Company President and CEO John R. Hewitt. “We look forward to a long, mutually beneficial relationship.”
“Tissot started a partnership with PDM in the early nineteen sixties and today we are very proud to begin a new chapter with Matrix PDM Engineering. We are confident that this partnership will enhance our contribution towards the new energy transition in the markets where we operate” said Tissot Industrie President, Gérard Tissot. “With this partnership, Tissot brings its experience of over 650 spheres including design, fabrication, and erection. Together we will bring the highest standards and expertise from both companies to deliver the best in class to the hydrogen sector.”
Matrix brings more than 65 years of legacy expertise in the engineering and design of cryogenic infrastructure, positioning the company as a leading provider of cryogenic hydrogen storage for the next generation of low carbon energy.
Throughout its history, Matrix has designed multiple spheres for various products, most recently providing engineering, procurement, fabrication, and construction services for an 1,800 cm cryogenic sphere providing hydrogen for a wide range of industries, especially in the mobility sector.
About Matrix Service Company
Matrix Service Company, through its subsidiaries, is a leading North American industrial engineering, construction, and maintenance contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.
The Company reports its financial results in three key operating segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.
With a focus on sustainability, building strong Environment, Social and Governance (ESG) practices, and living our core values, Matrix ranks among the Top Contractors by Engineering-News Record, has been recognized for its Board diversification, is an active signatory to CEO Action for Diversity and Inclusion, and is recognized as a Great Place to Work®.
PERSPECTIVES, ENGINEERING TECH
Prnewswire | April 20, 2023
SunGrid Holdings ("SunGrid") has acquired RA Electric, Inc. ("RA Electric"), an electrical services contractor based in southern California, specializing in numerous aspects of construction including new building construction, utilities, power conditioners, interconnections, installation of emergency generators, power conditioners, surge suppressors and U.P.S. systems.
The acquisition will enable SunGrid to provide services to projects scaling from 1 MW to 1 GW in support of California's aggressive decarbonization and energy storage goals to expand renewable energy, reduce carbon emissions, and bolster electric reliability across the state.
"SunGrid is excited to continue our growth through the acquisition of RA Electric," said Jeremy Goertz, Co-Founder and CEO, SunGrid Solutions. "This partnership brings direct electrical strength to SunGrid's already strong California-based Battery Energy Storage Solution Construction team. As an EPIC (Engineer Procure Integrate Construct) company SunGrid is leading the way with best-in-class services in North America and Globally within the BESS industry. RA Electric brings enhanced construction capability specifically focused on Medium Voltage, Low Voltage, and Infrastructure based projects. Located just outside Los Angeles, RA Electric will have an immediate impact on SunGrid projects currently underway in California. It is anticipated that RA Electric will continue to grow its existing customer base and leverage its leading electric capabilities to ensure growth in 'Powering On Projects'!"
The Law Office of Jon Staley acted as the legal counsel to SunGrid.
SunGrid, a Hull Street Energy affiliate, has US headquarters in Houston, Texas, with global headquarters in Canada, and uses its strong execution-focused team to deliver excellent partnerships across the North American Energy Storage sector. The company is focused on the BESS industry and brings its engineering-first delivery strategy to Turnkey and Balance of Plant EPC, and Integrated BESS enclosure systems, including its PowerPlay and SimpleOS platform. Having in-house engineering capabilities throughout North America allows SunGrid to take on projects from 250kWh to 1GWh. By focusing on strong Engineering as part of EPC and turnkey project delivery, SunGrid is a projects first company. For further information about SunGrid please see www.sungridsolutions.com.
About RA Electric
Founded in 1980, in Northridge, California, RA Electric, Inc. provides quality electrical installations for commercial, institutional, and medical projects. RA Electric, Inc. has proven its record for completing diverse projects on time and under budget with excellent service, competitive quotations, and superior technical support.
About Hull Street Energy
Hull Street Energy is a private equity firm that specializes in deploying capital into the power sector as it decarbonizes. Headquartered in Bethesda, Maryland, the team leverages its decades of experience and unique knowledge of North American electricity infrastructure, fundamentals, and grid operations, including fuel inputs, commodity contract structuring, renewable and fossil-powered generation assets, energy storage, transmission and distribution systems, and electricity demand-side businesses to build value for stakeholders. For further information about Hull Street Energy please see www.hullstreetenergy.com
IOT, ENGINEERING TECH
Globenewswire | April 06, 2023
TDengine™, the popular open-source time-series data platform, and Casne Engineering, industrial engineering and technology services provider, announced today a strategic partnership aimed at advancing innovation in the Industrial Internet of Things (IIoT) market.
Through this partnership, Casne Engineering will integrate TDengine's time-series database technology into its existing IIoT solutions, creating a comprehensive IIoT platform for industrial customers. The collaboration seeks to help customers improve operational efficiency, reduce downtime, and increase overall equipment effectiveness (OEE).
“Joining forces with TDengine will help to expand the range of possibilities in delivering cutting-edge IIoT solutions to our customers,” said Nick Wiley, executive vice president of Casne Engineering. “We chose TDengine because of its flexibility and performance for ingesting time-series data in the cloud. There’s no question about the platform’s ability to scale with us.”
Using the TDengine platform and TDengine PI Connector, Casne will be better able to marshal large quantities of sensor data into the cloud, centralize data from disparate on-premise systems and geographical locations, share select data elements with partners and vendors, and perform real-time analytics using modern cloud tech stacks.
"Collaborating with Casne Engineering will allow TDengine to accelerate innovation in the IIoT space,” said Jeff Tao, CEO of TDengine. “Our partnership will enable customers to extract more value from their data, optimizing their operations for increased productivity and profitability."
About Casne Engineering
Casne Engineering is an independent engineering, integration, and technology services firm with a rich history of over 40 years and a team of 120 professionals. The company provides comprehensive services from conceptualization to design, development, integration, and ongoing maintenance support. With expertise across multiple industries, the company delivers high-quality engineered systems to both the public and private sectors, from small startups to Fortune 50 companies, worldwide.
TDengine™ is the popular, open-source data platform purpose-built for time-series data. With over 20,000 stars on GitHub and hundreds of new installations daily, TDengine is used in over 50 countries worldwide. The company is headquartered in Los Gatos, CA, and has raised $70M in venture capital.