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Elsaco Electronic Selects Clarke Energy and INNIO Group for Cogeneration Projects Supporting Romania’s Transition to Net-Zero

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2 years ago

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Elsaco Electronic projects will replace outdated district energy sources with new high-efficiency combined heat and power (CHP) production, reducing primary fuel consumption by up to 30%.The two projects will deliver a combined total of up to 85 MW of electrical and 80 MW of thermal energy across two cities, supporting Romania’s plans to achieve net zero by 2050.These projects represent a milestone as Clarke Energy’s largest CHP schemes globally and the first time selling INNIO Group’s “Ready for H2” J920 FleXtra Jenbacher engines.

ARAD, Romania and CONSTANȚA, Romania, Aug. 27, 2024 /PRNewswire/ — Clarke Energy, a global leader in efficient distributed power generation solutions, has announced its involvement in two pivotal CHP projects working with Elsaco Electronic and INNIO Group. These initiatives mark a significant advancement in energy efficiency for the district energy networks in Arad and Constanța, Romania. Historically, these networks relied on steam turbines fuelled by heavy fuel oil and natural gas, with core systems dating back to the 1960s-1980s.

 

 

The projects mark a significant milestone for Clarke Energy, representing the first sales of Jenbacher J920 FleXtra engines in both Romania and Clarke Energy’s global operations. Eight J920 FleXtra CHP engines will deliver a total of 85 MW of electrical and 80 MW of thermal energy in the two cities. Five of the engines operating in Constanța will deliver ~53 MWe and 50 MWth energy, with the further three engines delivering ~32 MWe and 30 MWth in Arad.

Constituting two of the largest and innovative projects in Romania’s CHP sector, this technology will be used for the first time in the country. The equipment, supplied by INNIO Group, will operate on natural gas in a flexible configuration, designed to accommodate future use of a mix of green hydrogen and natural gas or biomethane. The engines form the heart of the rehabilitation schemes for the two power plants. Transforming them into high-efficiency engine-based CHP plants will reduce fuel consumption by up to 30% and significantly lower carbon emissions.

The two EU-funded projects, part of the Romanian National Recovery and Resilience Plan, support Romania’s goal of achieving Net Zero by 2050. Scheduled for completion by mid-2026, these projects focus on lowering CO2 emissions, utilising energy-efficient technology, and reducing operating costs.

This initiative is a landmark development for Clarke Energy, demonstrating capabilities to deliver high-efficiency power solutions on a significant scale. These projects not only signify a major leap in technology adoption and environmental stewardship but also align seamlessly with global and local efforts to promote cleaner energy and reduce environmental impact.

Șerban Iftime, CEO, Elsaco Electronic, commented:

“We selected Clarke Energy to supply our CHP schemes with INNIO’s Jenbacher J920 FleXtra engines due to their experience in the Romanian market and robust local aftersales support network. These units form the heart of the refurbished district energy schemes and set a new standard in Romania.”

Gabriel Matei, Managing Director, Clarke Energy Romania, commented:

“Clarke Energy is proud to support Romania’s shift towards more sustainable energy practices. This innovative large-scale district energy scheme refurbishment from our customer Elsaco Electronic, sets a new standard for future projects in the region.”

About Clarke Energy 

Clarke Energy is a leader in the engineering, design, installation, and long-term maintenance of distributed energy solutions. Clarke Energy can delivery complex installations and microgrids incorporating gas engine CHP units, battery energy storage systems, biogas upgrading systems and solar photovoltaic units. Clarke Energy can supply solutions including a range of low carbon or decarbonised fuels including biogas, renewable natural gas (RNG) and hydrogen. Clarke Energy operates in 27 countries. Clarke Energy employs over 1,400 staff and has over 9GW of power generation, 1.4GW of which is from biogas, a renewable fuel.

www.clarke-energy.com
https://www.linkedin.com/company/clarke-energy/

About Elsaco Electronic

ELSACO is a group of Romanian companies mainly present in the domains of energy, water and utilities, its main objective being to increase energy efficiency. The group consists of 8 companies covering areas such as: EPC projects, distribution and sale of measurement and control equipment, energy efficiency solutions, process and business software, IT & C solutions, residential smart metering.

ELSACO Electronic is a leading company in Romania, established in 1994, which is today involved in infrastructure projects for power & water industry mainly, with focus on construction / rehabilitation of power & district heating plants, water and wastewater plants, looking to bring energy efficiency and to save resources in the general balance of systems.

https://en.elsaco.com

About INNIO Group

INNIO Group is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With its Jenbacher and Waukesha product brands and its AI-powered myPlant digital platform, INNIO Group offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. INNIO Group is individual in scope, but global in scale. With its flexible, scalable, and resilient energy solutions and services, INNIO Group enables its customers to manage the energy transition along the energy value chain wherever they are in their transition journey.

www.innio.com
https://www.linkedin.com/company/innio-group/

Romanian language version available here:
https://www.clarke-energy.com/ro/2024/elsaco-electronic-selects-clarke-energy-to-support-transition-to-net-zero

Photo: https://mma.prnewswire.com/media/2487668/Clarke_Energy.jpg
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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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1 hour ago

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October 24, 2026

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

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SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

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SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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