Start of production at the Clifton Solar plant in the United Kingdom Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announces the start of production at its Clifton Solar power plant, with a capacity in operation of 45 megawatts, located in Dorset, near Yeovil Clifton Solar power plant is now operational. With an installed capacity of 45 megawatts, it will produce the equivalent of the annual electricity consumption of over 10,600 households and is expect ...

South African miner Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has taken another step in its decarbonization journey with the achievement of commercial operation at the Springbok solar photovoltaic project.Situated in Free State Province, Springbok represents Sibanye’s first solar wheeling project, and the second renewable energy project supplying its mine operations to reach commercial operation this year.The 150 megawatt alternating current (representing 195 MWp in peak direct current) solar project is dev ...

Financial Data and Key Metrics Changes - FedEx achieved structural cost reductions of $4 billion over the FY23 base, with $1.8 billion in FY24 and $2.2 billion in FY25 [13] - The company returned approximately $4.3 billion to shareholders in FY25 [13] Business Line Data and Key Metrics Changes - The company operated as "One FedEx" for the first time in FY25, indicating a unified operational approach [13] Market Data and Key Metrics Changes - FedEx secured over 3 million gallons of blended sustainable aviation fuel, marking the largest SAF purchase by a U.S. cargo airline at Los Angeles International Airport as of May 2025 [16] Company Strategy and Development Direction - FedEx is focused on achieving carbon neutrality in its operations and supporting the low-carbon transition in the transportation and logistics industry [16] - The company emphasizes vehicle electrification, sustainable energy for facilities, and a more fuel-efficient fleet [16] Management's Comments on Operating Environment and Future Outlook - The CEO highlighted the company's commitment to delivering exceptional service and exceeding customer expectations, which is crucial for expanding into new markets [13] - The legacy of the founder, Frederick W. Smith, was acknowledged, emphasizing the company's long-term vision and commitment to excellence [12] Other Important Information - The stockholder proposal for an independent board chairman was not approved [11] Q&A Session Summary Question: What has been done to improve emission reduction of FedEx aircraft since the 2024 annual meeting? - FedEx is implementing long-term actions and interim goals for carbon neutrality, focusing on vehicle electrification, sustainable energy, and sustainable aviation fuel [16] Question: What new aircraft will FedEx take delivery of between now and the 2026 annual meeting? - For information regarding planned future aircraft deliveries, stakeholders are directed to the Investor Relations website [17]

Core Points - China has set its 2035 Nationally Determined Contributions (NDCs) to reduce economy-wide net greenhouse gas emissions by 7% to 10% from peak levels and aims to expand installed capacity of wind and solar power to over 3,600 gigawatts, which is more than six times the 2020 levels [2] - The country has made significant progress in carbon sequestration, with its national carbon market achieving a record trading volume of 189 million tonnes and a transaction value of approximately $2.54 billion by August 2025 [5] - China has mobilized over 177 billion yuan to assist developing nations with clean energy and climate resilience efforts since 2016, signing climate cooperation agreements with 42 developing countries [9] Group 1: Climate Goals and Progress - President Xi Jinping announced ambitious climate targets, including peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060 [4] - By 2024, the carbon intensity of China's power sector was reduced by 10.8% compared to 2018 levels, highlighting the effectiveness of market mechanisms in emission reduction [5] - From 2012 to 2024, China's afforestation area was over twice the size of Germany, demonstrating a strong commitment to ecological restoration [6] Group 2: Air Quality and Ecological Achievements - In 2024, 222 Chinese cities met air quality standards, with PM2.5 levels dropping to 29.3 micrograms per cubic meter and 87.2% of days having good air quality [7] - The ecological initiatives complement broader achievements in environmental protection and sustainability [7] Group 3: International Cooperation and Support - Xi emphasized the need for developed countries to lead in emission reduction and provide support to developing nations [8] - China has implemented numerous clean energy projects in Africa, including the Garissa solar power plant in Kenya, which supplies power to about 70,000 households and offsets approximately 43,000 tonnes of CO2 emissions annually [10] - The country aims to deepen multilateral cooperation in global climate governance and strengthen international coordination in green technologies [12][13]

Strategic Direction - Iberdrola is focusing on A-rated countries and prioritizing regulated/long-term contracted businesses for predictable and profitable growth[52] - The company aims to increase its regulated and long-term contracted EBITDA profile to approximately 75% by 2028-2030, up from approximately 60% in 2021-2024[109, 110] - Iberdrola reaffirms its shareholder remuneration policy, targeting a payout ratio between 65% and 75% of EPS and a DPS floor at EUR 064/Share[118, 119] Investment and Growth - Gross investments are projected to reach approximately EUR 58 billion, with approximately EUR 8 billion contributed by partners[70] - Approximately 2/3 of gross investments are allocated to the UK and the US, representing approximately 65% of the total[70, 71] - Networks investments are expected to double by 2030 and triple by 2035[34] - Renewable investments are projected to increase by over 50% by 2030[36] Financial Performance - EBITDA is projected to reach approximately EUR 18 billion by 2028, an increase of approximately EUR 3 billion from 2024[100, 101] - Adjusted Net Profit is expected to grow at a high single-digit CAGR from 2024 to 2028, reaching approximately EUR 76 billion by 2028[114, 115] - The company aims to increase its RAB (Regulated Asset Base) by approximately 40% in just 4 years[82]

Core Insights - AI is driving a new technological revolution, providing new pathways to overcome traditional growth bottlenecks through the combination of data, algorithms, and computing power [1] - The energy crisis is a looming issue as AI models transition from technical exploration to application explosion, with energy supply becoming a critical factor in the competition for computing power [1][2] Energy Consumption and Demand - Global data centers' electricity consumption has surged from 10 billion watts a decade ago to 100 billion watts today, with ChatGPT alone consuming over 500,000 kWh daily [2] - The International Energy Agency (IEA) predicts that by 2030, global data center electricity demand will approach 1,000 billion MWh, with AI-related consumption accounting for nearly half of the increase in the U.S. [2] Energy Supply Challenges - The traditional power supply system has significant shortcomings, with major cities in China facing electricity load saturation and new data centers waiting 2-3 years for power allocation [4] - The reliance on diesel generators as emergency solutions highlights the inadequacy of the current power grid, with traditional UPS and diesel solutions having a combined efficiency of only 35%-45% [4] Solid Oxide Fuel Cells (SOFC) as a Solution - SOFC technology, which converts chemical energy from fuels like natural gas and hydrogen into electricity without combustion, is emerging as a key solution to the energy crisis [5] - SOFC offers a generation cost of $0.09 per kWh, significantly lower than diesel generators, and boasts an electrical efficiency of 55%-65% [5][6] Market Potential and Growth - The global SOFC market is projected to reach 70 billion yuan by 2027, with potential to exceed 230 billion yuan in the next three to five years, driven by the increasing application in data centers [7][8] - SOFC's dual revenue model from electricity generation and carbon asset generation positions it as a powerful tool for companies to mitigate carbon costs [9] Broader Applications and Future Outlook - SOFC's applications are expanding from data centers to distributed generation, industrial energy supply, and residential combined heat and power systems [9] - The intersection of explosive AI computing demand and global carbon neutrality goals marks the beginning of a "golden decade" for SOFC technology, with Chinese companies leading in technological advancements [10]

Core Viewpoint - Founder Group Limited has secured a significant contract for a large-scale solar photovoltaic project in Malaysia, highlighting its role as a leading provider of EPCC solutions in the renewable energy sector [1][2]. Contract Details - The company has obtained a contract valued at RM10 million (approximately US$2.36 million) for the engineering, procurement, construction, and commissioning of a 30-megawatt solar photovoltaic plant [2]. - Responsibilities include civil and structural works, infrastructural works, installation, commissioning, testing, and interconnection of the facility [2]. Environmental Impact - The project is expected to contribute nearly 60,000 Renewable Energy Certificates (RECs) to the market, aiding corporate consumers in achieving sustainability goals and reducing carbon footprints [3]. - Upon completion, the solar farm is projected to generate around 60,000 MWh of clean energy annually, offsetting approximately 40,000 tonnes of CO2 emissions [3]. Project Timeline and Partnerships - The construction contract is anticipated to be completed by the end of 2025, with a history of similar contracts secured with solar installation companies in recent years [4]. - The CEO of Founder Group emphasized the importance of this project in reinforcing the company's reputation and commitment to sustainable growth in Malaysia's renewable energy sector [5]. Company Overview - Founder Group Limited specializes in providing end-to-end EPCC solutions for solar PV facilities, focusing on large-scale solar projects and commercial and industrial solar projects [6]. - The company's mission includes promoting eco-friendly resources and achieving carbon neutrality through innovative solar installation services [6].

Core Insights - Dow has received an additional $540 million from Macquarie Asset Management's increased investment in Diamond Infrastructure Solutions, raising its stake from 40% to 49%, bringing total proceeds from the transaction to approximately $3 billion [1][7]. Group 1: Partnership and Investment - The expanded partnership with Macquarie Asset Management indicates strong trust and alignment, leading to a long-term, value-driven collaboration [2]. - Dow and Macquarie Asset Management will enhance the growth of Diamond Infrastructure Solutions, providing services across various sectors, including energy, environment, infrastructure, and pipelines, to over 70 existing and new customers [3]. Group 2: Recent Developments - In May 2025, Diamond announced a partnership with Again, a Danish climate tech startup, to establish the first U.S.-based CO₂ transformation facility at its Texas City site [4]. - Diamond and Third Pillar Solar have agreed for exclusive access to Diamond's Texas reservoir system to explore the potential deployment of up to 500MW of floating solar [4]. Group 3: Company Overview - Dow is a leading materials science company with a focus on high-growth markets such as packaging, infrastructure, mobility, and consumer applications, achieving sales of approximately $43 billion in 2024 [5].

Core Viewpoint - Anhui Yuancheng Environmental Technology Co., Ltd. is committed to enhancing operational quality and maintaining shareholder interests through its 2025 "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan, focusing on sustainable development and innovation in the environmental protection industry [1][2]. Group 1: Business Focus and Development - The company, established in 2005, focuses on sustainable development and carbon neutrality, with a business scope that includes industrial flue gas treatment, circular economy, smart detection, new energy, and industrial intelligence [1]. - The main products include dust filter materials and flue gas denitrification catalysts, serving industries such as power, steel, waste incineration, cement, and glass [1]. Group 2: Research and Innovation - The company maintains high R&D investment, with 36.9971 million yuan allocated in 2024, representing 5.88% of annual revenue [2]. - It holds 200 patents, including 125 invention patents, and has developed a robust R&D system to drive product upgrades [2][3]. Group 3: AI and Smart Environmental Solutions - The company has developed the AI Smart Environmental Island system, which integrates AI algorithms and digital twin technology for comprehensive flue gas treatment [4]. - This system significantly reduces operational costs and enhances efficiency, achieving a self-control rate of over 99% and reducing energy consumption by more than 10% compared to traditional methods [5]. Group 4: Governance and Management - The company emphasizes the importance of independent directors in decision-making processes, ensuring objective evaluations and protecting minority shareholders' interests [6]. - A performance management system linked to operational metrics is in place to incentivize key personnel and align their interests with those of shareholders [7]. Group 5: Investor Relations and Communication - The company prioritizes transparent communication with investors, employing a multi-channel approach to ensure all shareholders, especially minority ones, have equal access to information [8]. - Regular performance briefings and direct interactions with management are conducted to enhance investor understanding and confidence [8]. Group 6: Shareholder Returns and Repurchase Plans - The company initiated a share repurchase plan on February 24, 2024, with a total of 4,896,476 shares repurchased, accounting for 3.0603% of total share capital [9]. - Future strategies will focus on balancing company growth, performance, and shareholder returns [9]. Group 7: Internal Control and Compliance - The company has established a comprehensive internal control system to ensure compliance and operational efficiency, with regular assessments and audits to identify and mitigate risks [10]. - A governance structure is in place to enhance decision-making and operational transparency, ensuring adherence to legal and regulatory requirements [10]. Group 8: Continuous Improvement and Future Plans - The company will continuously evaluate the execution of the 2025 action plan and adapt to changes in the macroeconomic environment and industry competition [11].

Core Viewpoint - A German court has ruled that Apple must retract its claim of carbon neutrality for its Watch Series 9 and Series 10, as the carbon offset strategy is deemed insufficient and misleading under German competition law [3]. Group 1: Legal and Regulatory Context - The lawsuit against Apple was initiated by the German environmental group Deutsche Umwelthilfe (DUH) [2]. - The court highlighted concerns regarding the carbon credits used by Apple, which are linked to eucalyptus tree planting in Paraguay, with a significant portion of the project area on leased land that expires in 2029 [2][4]. Group 2: Carbon Neutrality Claims - Each aluminum Apple Watch Series 9 and Series 10 generates just over 8 kilograms of carbon emissions, which Apple offsets through the purchase of carbon credits [1]. - The court determined that the short duration of the land leases undermines the credibility of Apple's carbon-neutral claims, as consumers expect long-term sustainability of carbon offset projects [3]. Group 3: Consumer Expectations - The court chairwoman stated that consumers would reasonably assume that the carbon offset measures would remain effective until at least 2050, in line with the goals of the Paris Agreement [3].