Eco Wave Power Kicks Off Jaffa Port Project Assembly Phase

first_imgEco Wave Power has started the assembly phase of the hydraulic land-located conversion unit for its first grid connected installation in Israel. This will be the first time that wave energy will connect to the national electric grid in Israel and a special Feed in Tariff (FIT) will be determined for such purpose.“We are making significant progress towards our first grid connected installation in Israel with the commencement of the assembly works. This is our second grid connected installation in the world,” said Inna Braverman, CEO of Eco Wave Power.The hydraulic works are expected to be finalized within 30 days. Once hydraulic works are finalized, Siemens will begin the electric installation works. Once the land located conversion unit is fully assembled, EWP will perform final testing by means of wave simulation. This implies simulating different working pressures to examine the proper system performance. When wave simulation testing is completed successfully, the conversion unit will be transferred to Jaffa Port, where it will be connected to 10 large scale floaters.Eco Wave Power is expected to initially install 1-2 large scale floaters, and after that install the full amount. The floaters are the largest in size that have been installed by EWP to date.In parallel, Eco Wave Power’s engineering team and the EDF Renewables IL engineering team are working on enhancing automation, control and monitoring system and jointly handling the required remaining licensing and the securing of the designated wave energy FIT.“In the management and development of this project, EWP has demonstrated agility and efficiency. We have finalized planning, engineering and the procurement phase for the installation of the power station within a short time-frame, and we are already commencing the exciting phase of assembly. I am very proud of our engineering department and our highly professional, top of the line subcontractors,” says Inna Braverman.The Jaffa Port power station is partially co-funded by the Ministry of Energy of Israel and by EDF Renewables IL, as part of the Joint venture agreement entered between the parties.last_img read more

Paradise lost for prospective Caribbean vacation-home buyers

first_img Share Share Share 25 Views   no discussions NewsRegional Paradise lost for prospective Caribbean vacation-home buyers by: – March 1, 2012center_img Sharing is caring! Tweet A recent Wall Street Journal article outlined the predicament of Mike Carretta who paid a deposit of US$1.4million at the Temenos resort in Anguilla.BRIDGETOWN, Barbados, Thursday March 1, 2012 – Would-be Caribbean vacation-home buyers have paid about US$300million in deposits for vacation homes at six resort projects whose developers ran out of funds during construction as the economic downturn took its toll.The stalled projects include the Four Seasons in Barbados, the Westin Roco Ki in the Dominican Republic, and the Ritz-Carlton in the Turks and Caicos Islands. A seventh resort, the Viceroy Anguilla, was completed but foreclosed upon before villa sales closed.The would-be buyers, many of them from the United States, have been learning an expensive lesson: deposits in most Caribbean countries can be spent on construction rather than locked away in escrow. While acknowledging that the practice of using deposits for construction was highlighted in most sales contracts, buyers said they didn’t expect the projects to grind to a halt.Buyers, moreover, will not get their money refunded by the major hotel companies whose names are associated with the projects because the companies brand and manage the hotels, while developers sell the residences.Representatives for Four Seasons and Westin parent company Starwood Hotels & Resorts Worldwide Inc. have indicated their disappointment at the status of the projects. Starwood Hotels noted that hotel operators are not responsible for the overall development. The Four Seasons representative added that in order to protect its brand and any buyers of Four Seasons-branded residences, the company has set new conditions for prospective developers to meet.Buyers hope that the cash-strapped developers obtain new financing, or that a new investor steps in and returns their deposits, but Matt Norton, an attorney specializing in Caribbean resorts for U.S. law firm K&L Gates LLP is not optimistic.“Most villa buyers are hoping that a white knight will show up and finish their villa,” Norton says. “But the reality is that, with most of these guys, the money is gone.”Complicating matters, many of the developments have deteriorated, making restarting them expensive. Other considerations include the difficulty of obtaining debt financing and the fact that some of the developments are tied up in legal battles.These troubled projects have cast a pall over the business model that spurred one of the Caribbean’s largest resort development waves in recent years. “That model is dead for the next three to five years,” said Rick Newton, founding partner of Resort Capital Partners LLC, an investment advisor specializing in Caribbean lodging.The issue was brought into focus in a Wall Street Journal article that also outlined the predicaments of Mike Carretta and Richard Cichanowicz who paid deposits of US$1.4million at the Temenos resort in Anguilla, and US$675,000 at the Westin Roco Ki Beach & Golf Resort in the Dominican Republic, respectively.Carretta, a New Jersey advertising executive, said: “I had never purchased an island home before and should have been more careful.”Cichanowicz, a Virginia program manager, said: “We had visions of family vacations and inviting friends there. All of that has just been put on hold, seemingly indefinitely.”By Valerie JonesCaribbean 360 Newslast_img read more

Vote now on your favorite Christmas tree

first_imgVersailles, IN—Main Street Versailles is holding its 1st Annual Christmas Tree Decorating Contest and voting has started!  The trees, decorated by local businesses and organizations, are displayed in the windows on the town square and you can vote at G.H. Coffee Company, Pat’s Bulk Food, 1st Main Street Pub, and Versailles Town Hall.  One vote per location per day so you can vote for your favorite tree up to 4 times each day by visiting each voting location.  The contest ends at 5 pm on December 7th and the winner will be announced at the tree lighting at the Holiday Affair on the Square.So go vote for your favorite tree and join us on December 7th at the Holiday Affair to see who wins!last_img read more

Franklin County Sees First Suspected COVID-19 Related Death

first_imgBROOKVILLE, Ind. – Franklin County Health Officials announced today the first known suspected novel coronavirus (COVID-19) related death of a Franklin County citizen. The person, a male in his 60’s, has been in the care of doctors at an Indiana hospital since March 13th. No further information about the patient will be released due to privacy laws. Hospital officials notified the FranklinCounty Health Department today of the person’s death.Officials emphasized the importance of all citizens doing their part to slow the spread of the virus and protect those in our community who might be more vulnerable. Visit the Indiana State Department of Health’s COVID-19 website at https://coronavirus.IN.gov for more information, including frequently asked questions about COVID-19.last_img read more

Liverpool not thinking about ‘Invincibles’ repeat, Klopp says

first_imgRelatedPosts Lampard: I still have confidence in Tomori Mane double eases Liverpool to win over 10-man Chelsea EPL: Son fires four past Southampton Liverpool manager Juergen Klopp has brushed aside comparisons to Arsenal’s famous “Invincibles’’ squad and urged his players to focus solely on Saturday’s English Premier League trip to Tottenham Hotspur.Victory at the Tottenham Hotspur Stadium will take Liverpool’s points tally to 61 from 21 matches. This will be 12 points more than Arsene Wenger’s Arsenal at the same stage in 2003-04 when they completed an entire season unbeaten. Liverpool are also unbeaten so far this season and 13 points clear at the top of the table with a game in hand. But Klopp said he would not allow his players to get distracted by the prospect of setting new benchmarks. “The only thing I can say is if we thought about any kind of record, we would not have won the number of games we have won so far. That’s it,” Klopp told a news conference on Friday. “I think in sport —- and you probably have to ask other teams who have done it before —- they have never set a record because they wanted to set a record. “It just happened because of being focused on each step we make and that is what we have to do. “My problem at this moment is Tottenham, the way they play, the way we think they will play and all that stuff. That’s the only thing I am concerned about. Nothing else.” Klopp confirmed playmaker Xherdan Shaqiri is fit and available for selection this weekend but ruled out injured midfielders James Milner and Naby Keita .Tags: Arsene WengerJurgen KloppLiverpoolNaby KeitaTottenham HotspurXherdan Shaqirilast_img read more

Football: Mertz or bust? Fans in awe of Kansas high school sensation

first_imgOohs and aahs filled Camp Randall Stadium two Saturdays ago. The Badger faithful shuttled around the bowl following the quarterback group wherever they went. But, they didn’t want to see the quarterbacks. They want to see the quarterback.After an Alex Hornibrook era that saw Wisconsin’s winningest season in program history in 2017 and perhaps its finest three-year stretch of all-time, Badger fans were often left scratching their heads due to the subpar performance from their starting quarterback.Enter Graham Mertz.Football: A closer look at Alex Hornibrook’s record as he departs WisconsinAlex Hornibrook’s 26-6 record is the best for any quarterback in program history, yet his performance often contradicted his team’s Read…Mertz, a 6-foot-3 product of Mission, Kansas, ranks as the highest-rated quarterback to come to Wisconsin in the online scouting era. He might also rank as the player with the highest expectations in Wisconsin football history.Mertz struggled early on in throwing drills prior to the scrimmage portion of practice, which was open to the public. Quarterback counterparts Jack Coan and Danny Vanden Boom hit receivers in stride nearly every pass, while Mertz threw several errant passes behind and over receivers.As spring practice shifted to the scrimmage portion of the afternoon, Mertz appeared much more comfortable in the pocket in a more realistic game setting.The four quarterbacks took turns captaining the offense early, but Coan eventually transitioned into more of a coaching role to aid his young teammates under center. Mertz welcomed the fans with a stunning 14-play, 98-yard drive completing all three of his passes for 39 yards. He later led a 51-yard drive that ended in a 15-yard touchdown strike to wide receiver Adam Krumholz.He passed his first test in front of Wisconsin fans, but something tells me he would have passed that test regardless.Badger fans cheered and hollered for every single play by Mertz. A check down to a cutting running back elicited eruptions. Even simple, basic reads and throws led to fans nudging each other and saying one of two things, “I can’t believe we get this guy for four years,” or “Hornibrook couldn’t have made that pass.”These are not fictional quotes. These are words that were tossed around Camp Randall as often as Mertz made a positive contribution on the field.Coan and Vanden Boom, on the other hand, received no such applause during their time on the field.For all the expectations placed on an 18-year-old, Mertz may be one of the only people his age to handle it. In fact, he’s handled the big stage fairly well in his young career. In January, Mertz dominated the All-American Bowl, throwing for 188 yards and a game-record five touchdowns. As a high school junior, Mertz led Blue Valley North High School to a Kansas state championship. He seems to thrive on the big stage, which only balloons his expectations.Despite the hype, Mertz wasn’t the only person on the field.Fellow freshman running back Brady Schipper wowed fans with his impressive field vision and ability to catch the ball out of the backfield. In his redshirt season last year, Schipper shifted to a wide receiver role before returning back to his home at halfback. Those receiving skills out of the backfield are something that the Badgers have lacked for years. Don’t expect Schipper to garner a huge amount of carries, but he could resemble more of a Dare Ogunbowale role in the passing game.Football: Last year’s top receivers return as quarterback battle rages onThis week’s Wisconsin football spring preview shifts focus to the wide receiver unit and the position everyone is talking about: Read…Krumholz, a Stoughton, Wisconsin native, also impressed with a slew of catches from Vanden Boom and Mertz. Unfortunately for Krumholz, the Badgers return all of their core receivers from a season ago. But his chemistry with Mertz could mean more opportunities if Mertz gets the starting nod.Senior tackle David Moorman saw consistent time at left tackle with the first-team offense. Moorman has really impressed coaches during winter conditioning and now in spring practice as well. The 6-foot-5, nearly 300-pound Moorman has played in all 41 games throughout his first three years, but only on special teams and as a reserve. With the departure of four-fifths of the Badgers’ offensive line from a year ago, Moorman is one of the many linemen seeking a spot.Cole Van Lanen looks to be the assumed left tackle come fall, but Moorman could slide to left guard or right tackle. His flexibility is a huge plus given the injuries that generally plague offensive lines.Sophomore tight end Jake Ferguson looked like his usual self in the passing game. The 6-foot-5 security blanket will provide whoever ends up behind center with a quality receiving option. Prior to the practice, Wisconsin athletic director Barry Alvarez spoke of Ferguson (his grandson) and what it’s like to watch his grandson play at Wisconsin.“Jake’s a playmaker and always has been,” Alvarez said. “He can catch the ball. I’m upset with the quarterback every time he throws and doesn’t throw to Jake.”Alvarez held a town hall Q&A session in the University of Wisconsin Field House adjacent to Camp Randall. Questions concerning a variety of sports were asked, but the majority of them returned to football as that is Alvarez’s specialty. He spoke of his wish to expand the College Football Playoff, upcoming non-conference opponents and some questions skirting around the topic of Mertz.Alvarez never mentioned Mertz or any of the quarterbacks when asked about what kinds of things Head Coach Paul Chryst looks for in a quarterback. Another question about how hard it is for a true freshman to start in his first year clearly invoked Mertz.The Badger faithful are used to winning, and last year’s five losses felt like an incredible disappointment with such high expectations. Alvarez chided fans saying that “winning is hard” and that “sometimes people take winning for granted.” Perhaps, Mertz and the Badgers can make last season an anomaly.last_img read more

COLUMN: Move to Vegas will benefit Raiders

first_imgMomentum is an awfully powerful thing. It has the ability to take you from a stagnant halt one second to a state of instant acceleration the next. Just 15 months ago, there were no NFL teams in Los Angeles or Las Vegas. It’s now March 2017, and the Los Angeles Rams just completed their first season back in the City of Angels, while the Los Angeles Chargers are preparing to play their first season at the snug StubHub Center in Carson. And on Monday afternoon, the Oakland Raiders have announced they will be relocating the franchise to Las Vegas by the 2020 season. NFL franchises have experienced a violent rush of momentum in relocating over the past year and a half. Thirty-two league owners gathered on Monday to vote on the Raiders’ proposal for a relocation to Las Vegas. Needing 24 votes to authorize the relocation, the Raiders received a 31-1 vote in favor of the team moving to the Sin City.This will be the second time the Raiders have departed from the city of Oakland (they left in 1982 for Los Angeles before returning in 1995). While the relocation has been approved, the Raiders will play two more seasons in the Bay Area before making the transition to Las Vegas. Issues with acquiring a new stadium in Oakland were one of the main factors which may have led to the Raiders’ relocation. When Oakland wasn’t able to deliver on a new stadium, owner Mark Davis began intensifying relocation efforts. When franchise relocation strikes, agony and heartbreak from the fanbase do, too. Raiders quarterback Derek Carr took to Twitter to tend to the many Raider faithful in Oakland who had just received the news that they would be losing their beloved franchise.“I am overwhelmed with emotion,” Carr said. “I don’t know how we should feel. I feel the pain of our fans in Oakland. I also see the joy on the faces of our new fans in Las Vegas. While I am from California and would have loved playing in Oakland my whole career, I understand the business side of the NFL.” The Vegas Strip hosted professional football from the short-lived AFL and XFL in the early 2000s, but the teams faded away into nonexistence. When the Raiders make the trek to Vegas in the coming years, they will add a new dynamic which the city has never possessed — an NFL franchise. If you want to talk about momentum, Las Vegas is its epitome in the sports world. One year ago, Las Vegas was home to zero professional sports franchises (no, I’m not counting the Las Vegas 51s, a minor league baseball team). Now Vegas is home to the Golden Knights, an expansion NHL franchise slated to begin competing this next season — and the Raiders, a historically significant NFL franchise, are on the way. From my perspective, the Raiders’ move to Las Vegas is a smart one across the board.One of the long-lasting arguments against installing professional sports in Las Vegas was the hyperactive gambling market in the city. We should find it ironic that the two sports commissioners most adamantly opposed to gambling (NFL commisioner Roger Goodell and NHL commissioner Gary Bettman) were the first two commissioners to settle teams in Las Vegas. While intensified gambling could draw some issues for the teams, I believe Vegas will profit exponentially from the presence of a professional football team. Just think about those spiffy bundle deals that you know the casinos and hotels on the Vegas Strip are already conjuring up. The hotels, bars, clubs and lounges will be booming on any weekend during which the Raiders are in town playing on their home turf. For tourists traveling to Vegas to watch their team take on the Raiders, a game weekend will be at least a multiple-day affair which will likely time spent at all the resorts and venues Vegas has to offer. I’d project that the Sin City is set to become the “win city” economically with the relocation of the Raiders. Many have also noted that the Raiders will be making a move from Oakland, the No. 6 television market nationally, to Las Vegas, which is the No. 40 TV market. With the boom of social media and big television deals, it could be argued that television markets are not as crucial as they once were. Consider that Oklahoma City (the home of an NBA franchise) has the No. 43 TV market and Green Bay (home of the Packers) owns the No. 68 market. Once the Raiders transition to Las Vegas, it will almost instantly become one of the most extravagant sporting cities in the world. Vegas already holds the title of “Fight Capital of the World.” The city already has a blooming NHL franchise in the Golden Knights. The newly built T-Mobile Arena, planted on the Strip, is versatile in the way it can host anything from a UFC event to the Pac-12 Men’s Basketball Tournament. And now we know the city will be adding a Raider team, which, led by a rising star in Carr, could be ready to compete for titles in Vegas. They’ll be playing in a new stadium, expected to be ready in Las Vegas by the start of the 2020 NFL season. The Raiders have proposed a 65,000-seat domed stadium that would be shared with UNLV. In the meantime, the Raiders are surely still the “Oakland Raiders” at the moment. The Raiders are expected to occupy the Bay Area for at least two more seasons — two more shots to bring a Super Bowl to Oakland for the first time since 1980.However, in this tough situation, even the most extreme of optimists would admit that a Lombardi Trophy may still not be potent enough to pacify the bad taste being left in the mouths of many after the Raiders’ relocation. Angel Viscarra is a sophomore studying broadcast and digital journalism. His column, “Viscarra’s Vice,” runs on Tuesdays.last_img read more

Sagan thrown off Tour de France

first_imgDan Martin remains 15th 43 seconds off the lead going to stage 5 of the Tour de France.Nicolas Roche is 52nd while Geraint Thomas leads by 12 seconds.Mark Cavendish is out of the race after breaking his shoulder in a crash yesterday. He was involved in a collision with world champion Peter in the sprint.The Slovakian’s team are now appealing the decision to disqualify him from the race for his part in the crash.last_img

Verkauft…GIG purchases DACH affiliate marketing asset for €5.7 million

first_img StumbleUpon Robin Reed, Gaming Innovation GroupOslo-listed Gaming Innovation Group (GIG) continues the expansion of its industry affiliate network by confirming that it has agreed to purchase a DACH region (Germany, Austria and Switzerland) marketing asset for a total consideration of €5.7 million. Updating investors, GIG governance chose not to disclose the assets name, but stated that its acquisition would bolster the firm’s German language sports betting activity and corporate dynamics. The asset will be directly managed by GIG affiliate marketing division ‘Innovation Labs’ and sees the company expand its geographical footprint for industry player acquisition services.GIG governance informs that the acquisition will be settled through the funds gained from its recent SEK 400 million (£35 million) bond issuance credited last February to strengthen the firms continued M&A strategy.Commenting on the firm’s acquisition note, Robin Reed, CEO of GIG.“We aim to make Innovation Labs the largest lead generation business in iGaming. Through this acquisition, we are entering the DACH markets whom are likely to be re-regulated in the future, and are therefore markets we are increasingly focusing on. This acquisition will enable Innovation Labs to refer more German speaking customers to our B2B partners and thus benefit all parties engaged in the expanding GIG iGaming eco-system”In March GIG entered into an agreement to acquire Casinotopsonline.com, GIG informs that all conditions for completing the transaction have now been fulfilled and transaction closing has taken place.______________________Robin Reed CEO of Gaming Innovation Group will be speaking on Affiliate marketing and M&A practices at the upcoming Betting on Football Conference (3-5 May Stamford Bridge – London). Share Mateusz Juroszek – Non-stop STS will expand amid industry disruptions August 12, 2020 Share Related Articles Submit Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 MoneyMatrix boosts wire transfer options by integrating Klarna’s Sofort August 24, 2020last_img read more

Barley Laing: Melissa – Betting… It’s time to embrace biometrics

first_imgShare Barley Laing – MelissaBarley Laing UK MD of Melissa Data Corp, details to SBC audiences that biometric technologies may become the betting’s industry’s remedy, following a year of tough compliance adjustments related to KYC, verification and customer duty enforcements…__________________In the internet age, consumers demand a fast onboarding experience when signing up to a new service, otherwise, they will head elsewhere. This is no different in the gambling industry with research revealing that 25 percent of gamblers have abandoned opening an account online with a betting provider because it took too long or was too complicated.The solution to this issue is biometrics – more specifically, biometric technology driven by artificial intelligence (AI) that leverages facial recognition. Proving popular in seamlessly confirming the ID of prospective customers in other heavily regulated industries such as banking, biometrics is now capturing the attention of gaming operators.This approach is poised to have great impact in the UK, where offering a frictionless process at the account opening stage has been further complicated by new Gambling Commission regulations around know your customer (KYC), particularly age verification. Enforced in May 2019, these new rules have the potential to prolong the onboarding experience.Delivering fast and effective age confirmation and wider identity verification during onboarding comes down to having access to billions of relevant sources of real-time data from trusted entities. These could come from, for example, a government agency, a credit reporting agency and a utility company. But this is not enough. An additional level of security is needed; this is where biometrics can play a critical role.After all, what’s to stop a determined underage family member from pretending to be their father or mother and creating an online betting company account using their parent’s ID and bank details? In fact, anyone who has stolen a consumer’s ID and financial information can be game. It can be difficult to stop a wilful thief, hence the need to take the digital verification process a step further to ensure compliance without negatively impacting on the onboarding process and alienating the customer.So how would biometric technology work in a gambling application? Once the registrant has scanned and provided their primary ID document—with a photo that is checked against trusted data sources in real-time—they then simply upload a selfie which is scrutinised by comparing it with the master ID image via an algorithm in the technology itself. To ensure the reliability of the process, this algorithm can immediately distinguish differences between the selfie and the ID image, including facial hair, makeup, age, hairstyle, skin imperfections, and head position.Verification doesn’t end here though. An increase in ‘spoofing’ involves fraudsters using creative methods like 2D images and video playback to try to trick facial recognition technology and ‘prove’ they are the person they are impersonating. Ideally, at this stage, biometric technology further delivers liveness checks. Liveness checks aim to confirm eye movement and proof of life to establish that the person is real and not a static image. It also instils additional confidence to the gaming company that the person they are onboarding online is very definitely who they say they are.With the global online gambling market set to grow to more than $74 billion in revenue by 2023, there’s a lot on the line in terms of market share. Winning gambling firms will deliver a lightning-fast, albeit secure, onboarding experience for customers – all while ensuring compliance with ever-changing regulations. Through biometrics, these firms can tighten the registration process to enhance the customer experience and differentiate themselves from the competition. It’s a win-win._________________ Share Submit StumbleUponlast_img read more