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Talen Energy Reports PJM Auction Results for the 2026/2027 Planning Year
Talen Energy Reports PJM Auction Results for the 2026/2027 Planning Year

Business Upturn

time6 hours ago

  • Business
  • Business Upturn

Talen Energy Reports PJM Auction Results for the 2026/2027 Planning Year

By GlobeNewswire Published on July 23, 2025, 01:53 IST HOUSTON, July 22, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation ('Talen,' 'we,' or 'our') (NASDAQ: TLN), a leading independent power producer, today reported its results from the PJM Base Residual Auction for the 2026/2027 planning year. Talen cleared a total of 6,702 megawatts at a clearing price of $329.17 per megawatt-day across the MAAC, PPL and PSEG Locational Deliverability Areas, equating to approximately $805 million in capacity revenues for the 2026/2027 planning year. The planning year runs from June 1, 2026, through May 31, 2027. About Talen Talen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably and delivering the most value per megawatt produced. Talen is also powering the digital infrastructure revolution. We are well-positioned to serve this growing industry, as artificial intelligence data centers increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit Investor Relations: Sergio CastroVice President & Treasurer [email protected] Media: Taryne WilliamsDirector, Corporate Communications [email protected] Forward-Looking Statements This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecasts,' 'goal,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'seek,' 'should,' 'will,' or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations, and are subject to numerous factors that present considerable risks and uncertainties. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

Pentagon awards $5 billion contract to speed up ship manufacturing
Pentagon awards $5 billion contract to speed up ship manufacturing

Yahoo

time01-07-2025

  • Business
  • Yahoo

Pentagon awards $5 billion contract to speed up ship manufacturing

The Defense Logistics Agency Maritime Mechanicsburg awarded a $5 billion contract this month to six businesses with the goal of boosting ship manufacturing at speed. The Maritime Acquisition Advancement Contract is an indefinite-delivery/indefinite-quantity contract designed to accelerate procurement processes. The MAAC has five one-year options at $1 billion each and can potentially reach up to $10 billion. 'There are significantly long lead times the Navy faces ... this contracting vehicle streamlines and reduces our end of the administrative lead time,' Elizabeth Allen, DLA Maritime Mechanicsburg's deputy director, said in a release. The contract will see companies including SupplyCore, Atlantic Diving Supply, Culmen International, ASRC Federal, Fairwinds Technologies and S&K Aerospace manufacture parts for an array of U.S. Navy vessels, including Virginia-class nuclear-powered fast-attack submarines. SupplyCore is taking on the task of supplying the Navy with components spanning a wide array of different vessel types, including carriers, cruisers, destroyers, submarines, unmanned surface and underwater vehicles and other systems. 'We are honored to support the naval warfighter through the MAAC, a contract that underscores our dedication to sustaining the operational readiness of our military,' SupplyCore President and CEO Peter Provenzano said in a release. The Navy continues to be under immense pressure to speed up the process of shipbuilding and modernize methods of repair and manufacturing. Recently, the Navy implemented Augmented Reality Maintenance Systems on five vessels to modify the process of troubleshooting systems at sea. The service is also turning to 3-D printing to manufacture components for vessels at a more rapid pace. In its fiscal 2026 budget proposal, the Navy requested $989 million to modernize drydock facilities at its four public shipyards, which average over 107 years old.

HBCU Hoops: Grambling picks up explosive mid-major scorer
HBCU Hoops: Grambling picks up explosive mid-major scorer

Miami Herald

time14-06-2025

  • Sport
  • Miami Herald

HBCU Hoops: Grambling picks up explosive mid-major scorer

Paul McMillan IV, one of the top-scoring guards in mid-major basketball, is ready to show his talents with HBCU basketball. The leading scorer from the MAAC last season has officially transferred to Grambling State University, giving the Tigers a major backcourt boost heading into the 2025–26 season. McMillan arrives after a standout year at Canisius, where he averaged 20.0 points per game-ranking second in the MAAC and among the top 25 scorers nationally. The Cincinnati native brings veteran experience and a proven scoring ability to a Grambling team entering a new era under recently hired head coach Patrick Crarey. Crarey, who spent last season as the head coach at Florida A&M (FAMU), takes over at Grambling with a fast-paced, high-tempo coaching philosophy that is expected to align perfectly with McMillan's dynamic offensive style. His system emphasizes transition play and guard creativity, both strengths of McMillan's game. McMillan's college journey includes stops at NJIT and Central Michigan before his breakout season at Canisius, where he twice scored a career-high 31 points and became the program's first 20 PPG scorer in over a decade. Prior to college, he was a high school standout at Woodward High School (OH), finishing with 2,658 career points, seventh-most in Ohio history. The transfer marks a significant addition to the HBCU basketball landscape. As more high-impact athletes commit to HBCU programs, McMillan's move to Grambling is further proof of the growing competitiveness and visibility of these institutions at the national level. With McMillan in the lineup and Crarey on the sidelines, Grambling is poised to contend in the SWAC and make noise beyond. For a proud HBCU program, this pairing signals a powerful step forward. The post HBCU Hoops: Grambling picks up explosive mid-major scorer appeared first on HBCU Gameday. Copyright HBCU Gameday 2012-2025

MAAC conducts Gen AI training drive for over 500 students in New Delhi
MAAC conducts Gen AI training drive for over 500 students in New Delhi

Hindustan Times

time05-06-2025

  • Business
  • Hindustan Times

MAAC conducts Gen AI training drive for over 500 students in New Delhi

NEW DELHI: MAAC, a premier institute and a pioneer in high-end 3D animation, VFX training, gaming, and multimedia and a training brand of Aptech Limited, has recently concluded its landmark five-day training initiative on Digital Content Creation using Gen AI design tools at the Sri Satya Sai Auditorium, New Delhi. This timely program responds to the ongoing technological disruption in the Media and Entertainment Industry, driven by the rapid rise of Generative AI. With a legacy spanning 25 years and a network of over 120+ centres across India, MAAC is pioneering the integration of AI in creative education through this large-scale masterclass. The initiative has trained over 500 students in the use of prominent Gen AI tools, including ChatGPT, Midjourney, Adobe Firefly, Gemini, and Kling AI, among others. 'This initiative is a significant step toward empowering the next generation of designers and storytellers,' said Sandip Weling, Chief Business Officer, Global Retail Business, Aptech Limited and Brand Custodian, MAAC. He added, 'At MAAC, we are committed to equipping our students with future-ready skills that blend creativity with cutting-edge AI technologies. With the pace at which Gen AI is evolving, it's essential to not just adapt, but lead the change.' Mr. Deepak Choudhary, Director, MAAC South Ex, Delhi, quoted, "At MAAC, we believe the future belongs to creators who learn to work with AI. We are preparing our students to lead the AI revolution in digital content creation. With studies projecting that over 70% of media and entertainment content will be influenced by AI by 2030, it's clear that the creative industry is undergoing a massive transformation. From Netflix using AI to optimize content recommendations and script development, to Marvel Studios employing AI for visual effects and pre-visualization, the integration of generative tools is already reshaping how stories are told. Our initiative ensures that India's creative youth are not just prepared—but positioned to innovate at the forefront of this change.' Ten expert trainers conducted comprehensive sessions over the five-day program, covering fundamentals to advanced levels of AI design tools. The training features prominent Instagram AI creators such as Luv Sankhla, Deenu Khan ( Rahul Tiwary, and Divyansh Mundra (Mahabharat With Divyansh), along with leading industry experts including Ms. Vidushi Saxena from Adobe India and Mr. Vijay Shah, Director of Design at Physics Wallah. Master mentors from MAAC HQ in Mumbai were also part of the program, guiding students through the evolving landscape of Generative AI and its creative applications. In a world where AI integration is still new to many and concerns about job security remain, MAAC's initiative reinforces the idea that professionals will not be replaced by AI—but by those who can use AI effectively. The Mega Batch training stands as a bold first move in preparing India's creative workforce to thrive in the AI-driven future. MAAC is India's premier training institute for high-end 3D Animation and Visual Effects. Founded in 2001 and a major brand of Aptech Ltd, MAAC has trained over lakhs of students, worldwide. It has in total over 130 centres in India and abroad with cutting-edge infrastructure in over 65+ cities. MAAC offers industry-relevant career courses on 3D Animation, Visual Effects, Gaming, Multimedia, Filmmaking, Broadcast, VR & AR. MAAC courses are thoughtfully designed to provide students thorough insights about the dynamics of the industry. It provides real-life training environment to students, backed by excellent faculty, world-class infrastructure, and the latest technical tools. MAAC students are placed across all domains of the Media & Entertainment industry in India & overseas. With our job-ready courses, MAAC students are placed in leading production houses and studios such as MPC, Prime Focus, DNEG, Amazon, Redchillies VFX, Accenture, DQ Entertainment, Green Gold Animation, Technicolor, NDTV, IBN7, NY VFXwaala and Cosmos Maya amongst others. For further information please visit- Srinidhi Iyer, Corporate Communications, Aptech Limited Note to readers: This article is part of HT's paid consumer connect initiative and is independently created by the brand. HT assumes no editorial responsibility for the content, including its accuracy, completeness, or any errors or omissions. Readers are advised to verify all information independently.

MAAC Leads India's Creative AI Revolution with Mega Student Training Drive
MAAC Leads India's Creative AI Revolution with Mega Student Training Drive

Mint

time05-06-2025

  • Business
  • Mint

MAAC Leads India's Creative AI Revolution with Mega Student Training Drive

NEW DELHI: MAAC, a premier institute and a pioneer in high-end 3D animation, VFX training, gaming, and multimedia and a training brand of Aptech Limited, has recently concluded its landmark five-day training initiative on Digital Content Creation using Gen AI design tools at the Sri Satya Sai Auditorium, New Delhi. This timely program responds to the ongoing technological disruption in the Media and Entertainment Industry, driven by the rapid rise of Generative AI. With a legacy spanning 25 years and a network of over 120+ centres across India, MAAC is pioneering the integration of AI in creative education through this large-scale masterclass. The initiative has trained over 500 students in the use of prominent Gen AI tools, including ChatGPT, Midjourney, Adobe Firefly, Gemini, and Kling AI, among others. 'This initiative is a significant step toward empowering the next generation of designers and storytellers,' said Sandip Weling, Chief Business Officer, Global Retail Business, Aptech Limited and Brand Custodian, MAAC. He added, 'At MAAC, we are committed to equipping our students with future-ready skills that blend creativity with cutting-edge AI technologies. With the pace at which Gen AI is evolving, it's essential to not just adapt, but lead the change.' Mr. Deepak Choudhary, Director, MAAC South Ex, Delhi, quoted, "At MAAC, we believe the future belongs to creators who learn to work with AI. We are preparing our students to lead the AI revolution in digital content creation. With studies projecting that over 70% of media and entertainment content will be influenced by AI by 2030, it's clear that the creative industry is undergoing a massive transformation. From Netflix using AI to optimize content recommendations and script development, to Marvel Studios employing AI for visual effects and pre-visualization, the integration of generative tools is already reshaping how stories are told. Our initiative ensures that India's creative youth are not just prepared—but positioned to innovate at the forefront of this change.' Ten expert trainers conducted comprehensive sessions over the five-day program, covering fundamentals to advanced levels of AI design tools. The training features prominent Instagram AI creators such as Luv Sankhla, Deenu Khan ( Rahul Tiwary, and Divyansh Mundra (Mahabharat With Divyansh), along with leading industry experts including Ms. Vidushi Saxena from Adobe India and Mr. Vijay Shah, Director of Design at Physics Wallah. Master mentors from MAAC HQ in Mumbai were also part of the program, guiding students through the evolving landscape of Generative AI and its creative applications. In a world where AI integration is still new to many and concerns about job security remain, MAAC's initiative reinforces the idea that professionals will not be replaced by AI—but by those who can use AI effectively. The Mega Batch training stands as a bold first move in preparing India's creative workforce to thrive in the AI-driven future. MAAC is India's premier training institute for high-end 3D Animation and Visual Effects. Founded in 2001 and a major brand of Aptech Ltd, MAAC has trained over lakhs of students, worldwide. It has in total over 130 centres in India and abroad with cutting-edge infrastructure in over 65+ cities. MAAC offers industry-relevant career courses on 3D Animation, Visual Effects, Gaming, Multimedia, Filmmaking, Broadcast, VR & AR. MAAC courses are thoughtfully designed to provide students thorough insights about the dynamics of the industry. It provides real-life training environment to students, backed by excellent faculty, world-class infrastructure, and the latest technical tools. MAAC students are placed across all domains of the Media & Entertainment industry in India & overseas. With our job-ready courses, MAAC students are placed in leading production houses and studios such as MPC, Prime Focus, DNEG, Amazon, Redchillies VFX, Accenture, DQ Entertainment, Green Gold Animation, Technicolor, NDTV, IBN7, NY VFXwaala and Cosmos Maya amongst others. For further information please visit- Srinidhi Iyer, Corporate Communications, Aptech Limited Note to readers: This article is part of Mint's paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy. Want to get your story featured as above? click here!

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