Answer to Global Warming Isn’t Always Cars, It’s Trash and EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Has a Solution

 

• Food waste contributed 9.3 billion metric tons of CO2-equivalent emissions in 2017, an amount equal to the total emission from the U.S. and E.U. that year
• EverGen Infrastructure is a leading independent renewable energy producer with operations and a platform for converting organic waste in green energy and products
• EverGen’s Sea to Sky Soils signed waste processing contracts with a B.C. regional district, an important step towards a goal of processing 300,000 tons of organic waste per annum in the region

There is finger pointing everywhere to single-out culprits in climate change, and exhaust-spewing fossil fuel-powered cars are an easy target. The reality is that, while it may sound great in theory, simply replacing all the cars on the road with electric alternatives carries several challenges related to infrastructure and battery materials. While the EV transition should remain a focus to address hurdles, an emphasis on responsible waste management can have an immediate impact on decarbonization.

Waste-to-energy technologies, such as those of EverGen Infrastructure’s (TSX.V: EVGN) (OTCQX: EVGIF), are in use today, reducing dependence on finite fossil fuels and putting would-be trash to good use in a green manner. EverGen, known as Canada’s Renewable Natural Gas Infrastructure Platform, is an established independent renewable energy producer which acquires, develops, builds, owns, and operates a portfolio of Renewable Natural Gas (“RNG”), waste to energy, and related infrastructure projects.

RNG is a carbon-neutral fuel that can be produced from multiple organic feedstocks, including food and animal waste and wastewater, that is processed in an anaerobic digester into products such as fertilizer and soil amendments or a biogas that is further refined to be an essentially identical replacement for conventional natural gas.

EverGen designs and builds the system and facilities, collecting organic feedstock from its partners, such as municipalities and farms. The RNG output can be used locally or sold to utilities – for instance, EverGen has several agreements with FortisBC – where the RNG is fed into the existing natural gas pipeline. At its Sea to Sky Soils facility in British Columbia, EverGen keeps organic waste out of landfills by turning it into high-quality soil amendments and blends for use on farms, gardens, and landscapes.

The adoption of these type of systems is critical as waste is mushrooming worldwide and contributing to Earth’s rising temperature. According to the U.N. Food and Agriculture Organization, about one-third of all food produced annually is either lost or wasted. In 2017, global food wasted contributed 9.3 billion metric tons of carbon dioxide-equivalent emissions. To put that in perspective, that was roughly the same amount at the total combined emissions of the U.S. and E.U. in 2017.

A study published this month on Nature.com reiterated the need for better cradle-to-grave food management, noting that emissions from food loss and waste represent half of total greenhouse gas emissions from food systems.

On February 21, EverGen announced its Sea to Sky Soils business signed multiple contracts with a British Columbia regional district for the processing of organic waste at the facility, which provide for over 10,000 tons per annum. A steward to the local community, Sea to Sky Soils is operated in partnership with Lil’wat First Nation.

According to EverGen CEO Chase Edgelow, the latest contracts are “another step towards our goal of providing solutions for over 300,000 tonnes of organic waste per annum in the region.”

The company also owns Net Zero Waste Abbotsford and Frasier Valley Biogas in British Columbia and in 2022 began its expansion east across Canada with projects in Alberta and Ontario.

For more information, visit the company’s website at www.EverGenInfra.com.

NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://nnw.fm/EVGIF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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SideChannel Inc. (SDCH) Bridging Serious Expertise Gaps by Providing Proven and Affordable Cybersecurity Support

 

• SideChannel is focused on providing top-tier security guidance services at manageable cost through its team of expert vCISOs and vCPOs
• The company’s experts provide clients with risk assessments that ensure cybersecurity compliance and guide them in the development of effective cybersecurity programs
• Most corporate board members and top managers do not have cyber-related expertise, yet they are required to oversee and address their company’s cyber risks
• To bridge the information gap, boards and management need the guidance of security experts such as CISOs
• Through its team of vCISOs, SideChannel is providing affordable cybersecurity-oriented services that meet the critical needs of company management and boards

A large proportion of company board members, as well as managers, are not cyber experts, yet they are mandated to understand and make strategic decisions regarding cyber risk and solutions. In particular, various studies have revealed low confidence levels in the ability of boardroom directors to fully be aware of a company’s cybersecurity vulnerabilities. For instance, a 2022 PwC study noted that only 33% of directors feel their board truly understands the company’s cybersecurity vulnerabilities (https://nnw.fm/zosrs). Similarly, a recent WSJ Pro Cybersecurity Research report found that only 30% of directors rate their board’s ability to oversee a cyber crisis highly (https://nnw.fm/ZBajJ).

Boards, together with high level management, can nevertheless improve their abilities to recognize and address cyber risks. To achieve this, board members need access to security expertise, along with robust information and reporting, and active engagement with company leadership. Moreover, company boards need to better support their organizations in establishing effective cybersecurity risk management programs, according to the findings of the PwC report.

The report lays out four main proposals intended to help boards better undertake their cyber risk oversight role: ensure cyber risk is embedded in the company’s strategic decisions and culture; understand the cyber risk management program; monitor cyber resilience; and rethink the board’s cyber oversight approach. Central to the effectiveness and success of these proposals is the role of Chief Information Security Officers (“CISOs”).

For instance, the report recommends that CISOs should have a seat at the table whenever boards are addressing strategic decisions and the company’s plan. CISOs should also help boards assess current and emerging risks and track the progress of the risk management programs. Finally, boards should hold private sessions with CISOs who will walk the directors through top risks, risk mitigation programs, and more using digestible and clearly articulated points.

Unfortunately, hiring skilled full-time in-house CISOs can be prohibitively expensive, especially for small and mid-sized businesses (“SMBs”). In addition, good CISOs are in high demand, making it hard to find, hire, and retain one. To deal with this, boards need to play an efficient oversight role and, in cases where they do not have the necessary expertise, have a constantly available source of expertise.

For SideChannel (OTCQB: SDCH), a company founded with the belief that all companies deserve top-tier security guidance at a manageable cost, this suggests a huge need for affordable cybersecurity-related expert services.

SideChannel has a team of expert virtual CISOs (“vCISOs”) and virtual Chief Privacy Officers (“vCPOs”) who help companies build resilient cybersecurity and privacy programs, respectively. Leveraging years of actual enterprise experience, SideChannel’s vCISOs provide clients with risk assessments that ensure cybersecurity compliance and help them develop a strategic vision, allocate resources, and create protocols to maintain an effective cybersecurity program.

And when called upon, SideChannel’s vCISOs can brief investors, boards, and company management. Speaking in a recent interview with Bell2Bell’s Stuart Smith (https://nnw.fm/gCtbc), SideChannel CEO Brian Haugli attributed this to the trust built between its team of experts and its clients. In fact, the company has seen that trust increase over time. “Technically, we’re a third-party vendor, but we’re trusted so much that we are talking to the investors, maybe the private equity (‘PE’) team behind the company, and definitely the board in the leadership about what to do. We are also in front of our customers’ customers, telling them about the security posture because they are asking about it,” Haugli explained (https://nnw.fm/xj63x). 

It is common knowledge that addressing cyber risk is increasingly challenging for companies and their boards, as the threat environment becomes more complex. SideChannel is providing access to expertise through experienced vCISOs, a dependable and consistent source of critical information and experience, enabling companies and boards to understand the cyber environment, develop and track the progress of cybersecurity programs, and embed elements of cyber risk mitigation into all of their strategic decisions and plans. When it comes to cybersecurity, a few steps now can prevent a world of regret later.

For more information, visit the company’s website at www.SideChannel.com.

NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://nnw.fm/SDCH

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Provides Details on Its ZVS Inverter Technology’s Efficiency Gains; Predicts Cost Savings of up to $700 per Vehicle

 

• Hillcrest Energy recently debuted the commercial prototype of its ZVS inverter technology
• The company revealed that its traction inverter can lead to powertrain efficiency gains of up to 13%; in practice, a gain of 1% could help drive a reduction in battery size by 2%
• In a recent investor briefing, Hillcrest forecasted that its inverter could help automotive OEM’s reduce material costs by close to $700 per electric vehicle
• Cost savings have increasingly become a focus of EV OEM’s, with vehicles selling for less than $55,000 eligible for a series of Government grants and rebates under the recently passed Inflation Reduction Act

In 2009, sales of electric vehicles in the United Kingdom touched a grand total of 55 cars (https://nnw.fm/DIUXI). Today, over 20 million EVs may be found on the road in distant corners of the globe, with the count expected to nearly quadruple to 77 million by 2025. The common denominator for these vehicles lays deep within their chassis. At their heart, each of those 77 million electric vehicles will contain a high-voltage battery, by far the vehicle’s most expensive component, and the fundamental driver of a veritable global race by battery manufacturers and automakers alike, to ethically source their materials and crank up production to meet exploding demand.

A recent study carried out by Reuters forecasts automakers will spend upwards of $1.2 trillion in developing and producing EVs through 2030 (https://nnw.fm/v1zk7). A significant proportion of that investment will be devoted to the production of better, more efficient batteries.

Electric luxury vehicle maker, Lucid Motors for instance produced just under 7,200 vehicles in 2022 – a figure commensurate to a mere two day of Tesla’s 2022 production. Nevertheless, the automaker has gained several plaudits for the record-setting, 830-kilometre driving range of its flagship Air Grand Touring Performance sedan. What makes that figure even more remarkable is that automakers using the same 2170 format battery cells commonly eke out a mere 267 mile of range on average – less than half of Lucid’s Air Grand sedan. A significant proportion of that outperformance may be directly attributed to Lucid’s highly efficient powertrain and inverter systems (https://nnw.fm/JchFp).

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company focused around developing transformative power conversion technologies, has recently announced the completion of its 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter commercial prototype (https://nnw.fm/wy8Da). In a series of tests, Hillcrest’s ZVS inverter was shown to generate powertrain efficiency improvements of up to 13%. To put that into perspective, current research suggests that every 1% improvement in efficiency can reduce battery size by 2%. If that were to hold true, then Hillcrest’s technological breakthrough effectively holds the potential to make EVs cheaper, lighter, and better performing (https://nnw.fm/zzspW).

Hillcrest Energy have delved deeper into the potential efficiency gains which may be attained by their ground-breaking product; in a recent investor briefing, the company revealed that the ZVS traction inverter could generate up to $700 in material cost savings per electric vehicle for automotive OEM’s (https://nnw.fm/aKfoD). In effect and assuming a manufacturing run of 100,000 vehicles, an automaker could generate up to $70 million in cost savings – a figure which would further increase for vehicles using multiple motors and traction inverters (i.e., the Kia EV6 GT, Tesla Model S and BMW i4 M50 all operate using two or more electric motors).

Although increasing electric vehicles’ potential driving range whilst maintaining their battery size constant (or potentially, even downsizing them) has been the primary driver underpinning Hillcrest Energy’s developmental efforts thus far, driving down costs has not been far behind. Cost savings have increasingly become a priority within the electric vehicle manufacturing sector. Under the recently passed Inflation Reduction Act (“IRA”), potential EV buyers may be eligible for a series of tax credits when acquiring electric vehicles costing less than $55,000. Similarly, the IRA has introduced a new $4,000 EV tax credit for used electric vehicles which sell for under $25,000. As such, any automotive part which can assist an auto manufacturer in lowering its cost structure – and by extension, its average selling price, may ultimately be conducive to higher sales going forward.

For more information, visit the company’s website at www.HillcrestEnergy.tech.

NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://nnw.fm/HLRTF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsWire (NNW)
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Textiles Industry Experience, Commitment to Sustainability Key to Bed & Bath Brand Developer Coyuchi Inc.’s Success

 

• California-based sustainable bed and bath comfort brand Coyuchi Inc. has established its brand not only on the luxury of its products, but the organic sourcing of the textiles it uses
• Consumers increasingly are scrutinizing the sourcing of their home decor products in search of evidence they are friendly to earth’s climate and responsibly produced
• Coyuchi’s management team brings experience in corporate function and an enthusiasm for sustainability in the company’s sourcing and partnerships
• The company launched a Reg A+ investment offering last year that led to a capital raise topping $1 million

One significant driver in choosing fabrics for home decor these days is determining where they are sourced. “Homeowners, more than ever, are paying close attention to what their home fabrics are made of and where they have come from,” a recent report drawing on decorator’s insights states (https://nnw.fm/2XgVx).

Luxury bed, bath, and apparel product company Coyuchi devotes its corporate purpose to being “responsible beyond the thread” — using cotton and linen certified to the Global Organic Textile Standard (“GOTS”) respected as the most rigorous around the world, and extending beyond that to product use and recycling considerations.

“When Coyuchi was founded 30 years ago, the original founder — her goal was to bring organic cotton into the textile industry for home goods, and we’ve really taken that mission to heart,” Coyuchi President and CEO Eileen Mockus said during a recent interview with the Bell2Bell podcast (https://nnw.fm/1xHDX). “And (we) are finding ways to expand on it and continuing to look at the whole process of what we do.”

In addition to Sejal Solanki (Chief Marketing Officer), Marcus Chung (Chief Operating Officer), Gabriela Bermudez (Controller), and Priyadarshi Sinha (VP of Technology), Mockus leads an experienced team of sustainable fashion design enthusiasts.

Design Director Whitney Thornburg arrived in the industry from an education career where she developed and taught fashion design curriculum in sustainable practices and creating circular systems. After two years-long seasons working for a San Francisco clothing label, she joined Coyuchi in 2019.

Director of Sustainability and Sourcing Margot Lyons played a direct role in Coyuchi’s achievement of full circularity — a term describing the use of design, recycling, reuse, remanufacturing and refurbishment to create a closed loop system that eliminate waste and maximize the reuse of resources (https://nnw.fm/DYQzo). Lyons has been with the company for over a decade as it has built a wide reputation for luxury and responsibility, working with Coyuchi’s strategic partners to ensure the company’s standards for product sustainability are achieved. The effort led to Coyuchi’s first fully circular product — the Full Circle Recycled Cotton Blanket and Throw — in 2021.

Brand Marketing Director Julie Wells and Director of Operations Izzie Ali have similarly brought a drive for sustainable and eco-friendly business practices to the company with their arrivals during the past year, drawing on international educations as well as their experiences in North American industry.

Together, Coyuchi continues to maintain and expand their earth-friendly brand. The company’s Impact Report 2021 outlined Coyuchi’s goals for achieving Net Zero emissions by 2025 and becoming Net Positive by 2030, working under the direction of the Coyuchi Climate Council and in collaboration with a network of partners and non-profits around the world (https://nnw.fm/gM2xb).

For more information, visit the company’s website at www.Coyuchi.com.

NOTE TO INVESTORS: The latest news and updates relating to Coyuchi are available in the company’s newsroom at https://nnw.fm/COYU

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

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NetworkNewsWire (NNW)
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