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Reykjavík Energy Financial Forecast 2026–2030 | ISK 50 Billion in Annual Investments
Globenewswire· 2025-10-06 13:52
Significant investments are ahead for the companies within the Reykjavík Energy Group. According to the consolidated financial forecast for Veitur Utilities, ON Power, Reykjavík Fibre Network, Carbfix, and the parent company, total investments are expected to amount to ISK 245 billion over the forecast period. It covers the years 2026 through 2030. On average, annual investments are therefore likely to amount to nearly ISK 50 billion. Strengthening Society’s Competitiveness “Reykjavík Energy seeks to streng ...
Plug Power stock surges 37% on major hydrogen deal, hits 52-week high of $3.34 as analysts predict PLUG could reach $7 — is Plug Power a buy now?
The Economic Times· 2025-10-03 16:17
In 2025, Plug Power’s stock has surged over 134% in the past six months and more than 31% in the last year. The October 3 jump extends a significant year-to-date rally of about 65%.Today’s trading volume was elevated as investors reacted to the latest project and corporate updates. Plug Power’s shares have become a focal point for both growth-focused investors and short sellers, with short interest above 30%, indicating potential price pressure from bearish investors.Plug Power also reported record product ...
First Solar: Solar Made In US Meets AI-Driven Load Growth (NASDAQ:FSLR)
Seeking Alpha· 2025-10-01 20:45
First Solar (NASDAQ: FSLR ) is set to continue to generate strong revenue from sales of its eco-efficient solar modules, even as a drill, baby, drill policy backdrop from a White House hostile to renewables dampens investment sentiment for renewables. Critically, the ongoing ramp in dataThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on ...
X @Bloomberg
Bloomberg· 2025-10-01 15:31
RT Bloomberg Live (@BloombergLive)ICYMI: "We fundamentally know that going green is going to save us much more money than sticking with fossil fuel." @FortescueNews' Andrew Forrest tells @BloombergTV’s @flacqua at #BloombergGreen⏯️ https://t.co/hK1M3Ks33Z https://t.co/Fs0QSCZDSF ...
Canadian Solar ($CSIQ) | Wallbox ($WBX) | SunHydrogen ($HYSR) | Massimo Group ($MAMO)
Youtube· 2025-10-01 12:49
Welcome to the Green Stock News Brief for Wednesday, October 1st. Here are today's top headlines. Canadian Solar E Storage has signed agreements in Ontario to deliver 420 megawatt 2,122 megawatt hours of new battery storage capacity.These projects rank among the largest in the province, strengthening Ontario's position in large-scale energy storage and advancing collaborations across North America. Wallbox's 180 kW Supernova DC fast chargers will be installed across up to 24 sites in Alberta and British Col ...
Statkraft's district heating business sold to experienced owners
Globenewswire· 2025-09-30 06:00
(Oslo, 30 September 2025) Statkraft continues the company's efforts to implement a new strategy and has signed an agreement to sell its district heating business. The buyers are a consortium owned by Patrizia SE and Nordic Infrastructure AG, both companies with extensive experience in district heating and existing activities in the Nordic district heating market. In May 2024, Statkraft announced that the company would seek new owners for Statkraft Varme. The agreement now signed is an important milestone i ...
Apollo (APO) Commits €3.2B to RWE Partnership on German Grid
Yahoo Finance· 2025-09-27 00:38
Apollo Global Management, Inc. (NYSE:APO) is one of the best dividend stocks to buy. On September 8, Apollo Global mentioned that its managed funds will invest €3.2 billion into a joint venture with RWE, the country’s largest energy producer. This venture will involve RWE’s 25.1% ownership in Amprion, the transmission operator catering to nearly 29 million people in seven German federal regions. RWE will retain control over the joint venture, which will deliver equity financing to help Amprion’s long-term ...
GAIL to expand Jamnagar-Loni LPG pipeline across 5 states
MINT· 2025-09-26 08:16
Core Viewpoint - GAIL (India) Limited is undertaking a significant capacity expansion of the Jamnagar-Loni LPG pipeline, which will double its throughput to meet the increasing demand for petroleum products and enhance the energy infrastructure in India [1][2]. Pipeline Expansion - The Jamnagar-Loni LPG pipeline's capacity will increase from 3.25 million metric tonnes per annum (MMTPA) to 6.5 MMTPA, with a total length of 1,107 km [1][2]. - The project is estimated to cost around ₹5,350 crore and will traverse five states: Gujarat, Rajasthan, Haryana, Delhi, and Uttar Pradesh [2]. Environmental Impact - Pipeline transportation is highlighted as more energy-efficient, safer, and environmentally sustainable compared to roadways, contributing to reduced carbon emissions in line with India's net-zero goals [3]. Additional Projects - GAIL has approved a 114 km natural gas spur line from its Vijaipur plant to the BPCL refinery complex in Bina, Madhya Pradesh, with an investment of ₹450 crore [4]. - A 20-tonne-per-day Compressed Biogas (CBG) plant is also being established in Sultanpur, Uttar Pradesh, which will produce 88 tonnes of Fermented Organic Manure (FOM) daily, supporting sustainable agriculture [5]. Regulatory Framework - The establishment of LPG pipeline infrastructure is managed by Public Sector Oil Marketing Companies (OMCs) based on techno-commercial feasibility studies, with the Petroleum and Natural Gas Regulatory Board (PNGRB) overseeing the authorization process for laying LPG pipelines [6].
Lithium Americas Shares Surge 90% As Trump Requests Stake
Forbes· 2025-09-24 15:50
Core Viewpoint - Shares of Lithium Americas surged over 97% following the Trump administration's interest in acquiring an equity stake while negotiating a multibillion-dollar loan for the Thacker Pass mine, which is the largest lithium source in the U.S. [1][2] Group 1: Stock Performance and Market Capitalization - Lithium Americas' stock increased approximately 97% to around $6, nearly doubling its market capitalization from $674 million to about $1.32 billion [1]. Group 2: Loan Negotiations and Stake Acquisition - The Trump administration has requested up to a 10% equity stake in Lithium Americas as part of renegotiating a $2.2 billion loan for the Thacker Pass mine [2]. - The company, along with General Motors, is seeking to renegotiate terms established under the Biden administration, with the Energy Department agreeing to minor modifications to protect taxpayers [3]. Group 3: Production Capacity and Economic Impact - The Thacker Pass facility is expected to produce 40,000 metric tons of battery-quality lithium annually, sufficient to power approximately 800,000 electric vehicles [4]. - The project is anticipated to create over 2,000 jobs and significantly reduce gasoline consumption by an estimated 317 million gallons per year [5]. Group 4: Government Interest in Critical Minerals - The Trump administration's strategy includes seeking equity in companies involved in mining critical minerals to reduce import dependence, as evidenced by previous government interventions in companies like MP Materials and Intel [6].
Northstar Clean Technologies ($ROOOF) | Ford ($F) | Sunrun ($RUN) | Voyager Technologies ($VOYG)
Youtube· 2025-09-24 13:14
Group 1 - Northstar Clean Technologies has developed a process to separate and recover limestone from asphalt shingles, enhancing its sustainability efforts [1] - Sunun has launched the first residential vehicle-to-grid power plant in the nation, utilizing Ford F-150 Lightning trucks to supply electricity during peak demand [2] - The pilot program expands on last year's vehicle-to-home initiative, enabling bi-directional energy dispatch and demonstrating the potential of EV batteries to stabilize the grid and reduce energy costs [3] Group 2 - Methanex is expanding its methanol bunkering services in Amsterdam and South Korea through partnerships with Tank Match, Alpha Maritime, and Huong Shipping, focusing on low-carbon marine fuel [3][4] - These expansions strengthen Methanex's global logistics network and position the company to meet the rising demand for low-carbon marine fuel amid tightening environmental regulations [4] - Star Lab Space has selected Voyager Technologies to construct the primary structure for its next-generation commercial space station, aimed at providing continuous access to low Earth orbit [4][5]