For more information, please visit the company's website at www.vikingenergygroup.com.
Viking Energy Group, Inc. is a client of Tradigital IR, an investor relations and communications firm. Please see our disclosures in the research report as well as on our website www.Tradigitalir.com.
Headquartered in Houston, TX, Viking Energy Group, Inc. (OTCQB: VKIN) is focused on providing custom energy & power solutions to commercial and industrial clients in North America.
VKIN is a growth-oriented diversified energy company. The company has acquired majority owned subsidiaries who focus on clean and sustainable energy, as well as natural resources
The company also holds an exclusive license in Canada to a patented carbon-capture system
VKIN’s intent is to pursue opportunities while recognizing the immediate dependence on current, unsustainable energy sources as well as the need to explore the sustainable and profitable alternatives.
U.S. renewable diesel capacity could increase due to announced and developing projects. This growth is driven by higher state and federal targets for renewable fuel, favorable tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries.
Replacing fossil fuels with biofuels—fuels produced from renewable organic material—has the potential to reduce some undesirable aspects of fossil fuel production and use, including conventional and greenhouse gas (GHG) pollutant emissions, exhaustible resource depletion, and dependence on unstable foreign suppliers.
Viking Energy Group, Inc. is a client of Tradigital IR, an investor relations and communications firm. Please see our disclosures in the research report as well as on our website www.Tradigitalir.com.
Viking Energy Group, Inc. is s a growth-oriented diversified energy company. Through various majority-owned subsidiaries, Viking provides custom energy & power solutions to commercial and industrial clients in North America and owns interests in oil and natural gas assets in the United States The company also holds an exclusive license in Canada to a patented carbon-capture system.
Viking is leveraging its expertise and relationships to build a diversified organization with profitable business segments to increase stakeholder value. This balanced approach can expedite growth while reducing dependence on any particular division. The company’s aim is to acquire a majority interest in assets or entities with current revenue streams and realistic upside potential.
Within their Energy Division, they intend to pursue opportunities recognizing the immediate dependence on current energy sources as well as the need to explore sustainable and profitable alternatives. Outside the Energy sector, the company intends to target opportunities with compelling metrics and scalability.
the company has acquired majority owned subsidiaries who focus on clean and sustainable energy, as well as natural resources
Viking Energy Group is proving itself to be an exciting company to pay attention to, having revenues of more than $40 million in 2020!
VKIN announced the acquisition of a majority interest in Simson-Maxwell Ltd, a leading manufacturer and supplier of industrial engines, power generation products, services and custom energy solutions. Simson-Maxwell integrates innovative technology with superior products to contribute to global energy sustainability. One of Simson-Maxwell’s focuses is sustainable mining for crypto-currency.
Sustainable and clean energy is a huge and growing market as the future of our planet becomes a top priority. According to the report published by Allied Market Research, the global renewable energy market garnered $881.7 billion in 2020, and is anticipated to reach $1,977.6 billion by 2030, exhibiting a CAGR of 8.4% from 2021 to 2030.
Cryptocurrency, a form of currency that exists digitally only and has no central issuing or regulating authority, is an ever-growing market and the global cryptocurrency market size was valued at $1.49 billion in 2020, and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030.
Increase in need for operational efficiency and transparency in financial payment systems, rise in demand for remittances in developing countries, increase in data security, and improved market cap are the major factors that drive the growth of the global cryptocurrency market.
Bitcoin mining can be said to be partly responsible for the production of the greenhouse gases that cause climate change as the process of mining requires so much energy, that the Bitcoin network is estimated to consume more energy than several countries! Which means, we need a more sustainable way of mining cryptocurrency.
U.S. production capacity for renewable diesel is forecasted to increase significantly through 2024 based on several announcements for projects that either are currently under construction or could be in development soon. This growth is driven by higher state and federal targets for renewable fuel, favorable tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries.
Another important topic is cryptocurrency; a form of currency that exists digitally only and has no central issuing or regulating authority. And although it is highly profitable, mining for it has negative impacts on the health of our planet.
Simson-Maxwell, Ltd. is a majority-owned subsidiary of Viking Energy Group, Inc., and is a leading manufacturer and supplier of power generation products, services and custom energy solutions.
They provide commercial and industrial clients with efficient, flexible, environmentally responsible and clean-tech energy systems involving a wide variety of products, including: CHP (combined heat and power), tier 4 final diesel and natural gas industrial engines, solar, wind and storage.
Cryptocurrency is decentralized digital money that’s based on blockchain technology. Unlike the U.S. Dollar or the Euro, there is no central authority that manages and maintains the value of a cryptocurrency.
You can use crypto to buy regular goods and services, although most people invest in cryptocurrencies as they would in other assets, like stocks or precious metals.
The market for crypto is expansive and has uncapped growth potential: the global cryptocurrency market size was valued at $1.49 billion in 2020, and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030.
Cryptocurrencies require huge amounts of energy to mine. It’s estimated that 0.21% of all of the world’s electricity goes to powering Bitcoin farms. That’s roughly the same amount of power Switzerland uses in a year! It’s estimated most Bitcoin miners end up using 60% to 80% of what they earn from mining to cover electricity costs.
Which is why sustainable mining is incredibly important! Simson Maxwell is able to assist with just that!
According to a report published by Allied Market Research, the global renewable energy market garnered $881.7 billion in 2020, and is anticipated to reach $1,977.6 billion by 2030, exhibiting a CAGR of 8.4% from 2021 to 2030. The growth potential is sky-high as the concern for the future of our planet grows and more and more companies begin to adopt sustainable practices.
The Cryptocurrency market is fast-growing and the global cryptocurrency market size was valued at $1.49 billion in 2020, and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030. This is projected to continue to grow at a speedy rate as interest in crypto continues to grow.
VKIN’s intent is to pursue opportunities while recognizing the immediate dependence on current, unsustainable energy sources as well as the need to explore the sustainable and profitable alternatives.
The market for crypto is expansive and has uncapped growth potential but mining for it has negative effects on our planet, which is why we need more sustainable options!
Viking Energy Group, Inc. is a client of Tradigital IR, an investor relations and communications firm. Please see our disclosures in the research report as well as on our website www.Tradigitalir.com.
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