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Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site
Prnewswire· 2025-06-17 18:55
The study will explore the possibility of a sale of existing coal units Settlement with state's coal producers is aligned with Indiana Governor Mike Braun's executive orders on coalPLAINFIELD, Ind., June 17, 2025 /PRNewswire/ -- Duke Energy Indiana and Reliable Energy Inc., which represents several of Indiana's major coal producers, have reached a settlement in Duke Energy Indiana's request pending before the Indiana Utility Regulatory Commission for a proposed new natural gas plant at its Cayuga Generati ...
Solutions30 Annual General Meeting Results - June 17, 2025
Globenewswire· 2025-06-17 16:00
Approval of all resolutions Nomination of new Supervisory Board members The Solutions 30 SE General Meeting was held in Luxembourg on June 17, 2025, chaired by Gianbeppi Fortis, Chairman of the Management Board. All resolutions proposed at the Annual General Meeting were adopted, including: Approval of the annual accounts and the consolidated accounts of the Company for the financial year ended on 31 December 2024, and allocation of results; Approval of the nomination of Mrs. Maria Zesch et de Mr. Olivier ...
Shoals Technologies Group, Inc. Appoints Industry Veteran, Bobbie L. King, Jr., as Chief Legal Officer
Globenewswire· 2025-06-16 20:35
Core Insights - Shoals Technologies Group, Inc. has appointed Bobbie L. King, Jr. as Chief Legal Officer and Corporate Secretary to enhance its legal strategy and support sustainable growth [1][2][3] Company Overview - Shoals Technologies Group is a leading provider of electrical balance of system solutions and components for the global energy transition market, including battery energy storage solutions [4] - The company has been recognized for its innovative technologies that improve installation efficiency, safety, and system performance since its founding in 1996 [4] Executive Team Enhancement - Bobbie L. King, Jr. brings over 15 years of legal and leadership experience in the clean infrastructure industry, previously serving at HA Sustainable Infrastructure Capital, Inc. and holding senior roles at NextEra Energy, Inc. and Charles River Laboratories [2][3] - The CEO of Shoals, Brandon Moss, expressed confidence in Mr. King's ability to drive operational efficiencies and support growth within the company [3]
General Catalyst CEO: An AI driven power crisis lurks
Yahoo Finance· 2025-06-16 13:38
Welcome to a new episode of Yahoo Finance's opening bid podcast. I'm Yahoo Finance executive editor Brian Sazy. Like I always say, this the podcast that will make you a smarter investor, period.And I want to change it up for this episode. I've spent so much time uh over the past few months talking about AI in the enterprise. Or in other words, AI spreading throughout corporate America, mostly through agents unlocking all sorts of productivity and costing jobs.I want to focus on AI for good and a lot of thin ...
Equinor's 2025 Energy Outlook Warns of Fragmented Energy Transition
ZACKS· 2025-06-16 13:20
Core Insights - Equinor ASA has released its Energy Perspectives 2025 report, outlining four divergent scenarios for the global economy, energy markets, and greenhouse gas emissions amid rising geopolitical tensions and a delayed energy transition [1][9] Group 1: Emissions and Climate Action - Equinor's chief economist highlighted that the current geopolitical landscape and trade conflicts hinder global cooperation necessary for a Paris-aligned energy transition, with short-term political priorities overshadowing climate ambitions [2] - The report indicates that rising global greenhouse gas emissions in 2024 suggest a deviation from the 1.5°C climate target set by the Paris Agreement, with fragmentation in the global response to climate change posing significant risks [3] Group 2: Future Scenarios - The Energy Perspectives 2025 report presents four scenarios: Walls, Silos, Plazas, and Bridges, reflecting varying levels of cooperation, technological advancement, and policy direction, aimed at facilitating strategic thinking in an uncertain environment [4][9] - The "Walls" and "Silos" scenarios depict a fragmented world with slow progress on climate goals, while "Plazas" suggests moderate collaboration that still fails to meet the 1.5°C target; only the "Bridges" scenario aligns with the Paris Agreement but requires rapid global cooperation [5] Group 3: Long-Term Vision - Despite the challenges, the Bridges scenario indicates a potential pathway to a sustainable future aligned with the Paris Agreement, emphasizing the need for swift global cooperation to avoid a slower and more costly energy transition [6][7]
DTE Energy Rides on Clean Energy Focus and Smart Investments
ZACKS· 2025-06-16 13:20
Core Viewpoint - DTE Energy Company is focused on long-term capital expenditure plans to enhance its infrastructure and expand its renewable generation portfolio, but it faces financial challenges and risks in its energy trading business [1][5][6]. Group 1: Capital Expenditure and Growth Plans - DTE Energy plans to invest a total of $30 billion over the next five years, which is a 20% increase from its previous investment plan, aimed at achieving a long-term operating earnings growth rate of 6-8% [2][8]. - The company is also expanding its non-utility operations, with DTE Vantage planning to invest between $1.5 billion and $2 billion in renewable energy and tailored energy solutions from 2025 to 2029 [3]. - DTE Electric has operationalized 2,300 megawatts (MW) of renewable energy as of March 31, 2025, and plans to invest $10 billion in the clean energy transition over the next decade, with a goal to add more than 1,000 MW of new clean energy projects by 2026 [4][8]. Group 2: Financial Position and Risks - As of March 31, 2025, DTE Energy's cash and cash equivalents totaled $0.09 billion, while its long-term debt was $21.77 billion, indicating a weak financial position [5]. - The company anticipates ongoing challenges in its Energy Trading business due to fluctuations in commodity prices and regulatory changes, which may impact profitability [6]. Group 3: Stock Performance - DTE Energy's stock has increased by 12% over the past six months, outperforming the industry growth of 7.1% during the same period [7][8].
ReNew Energy plc(RNW) - 2025 Q4 - Earnings Call Presentation
2025-06-16 11:34
Q4 FY25 Results Presentation June 16, 2025 1 Disclaimer This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely ...
HONEYWELL AUXILIARY POWER AND ENVIRONMENTAL CONTROL SYSTEMS SELECTED BY BELL FOR THE FUTURE LONG-RANGE ASSAULT AIRCRAFT
Prnewswire· 2025-06-16 06:00
Core Insights - Honeywell has been selected by Bell Textron Inc. to provide its 36-150 auxiliary power unit (APU) and Honeywell Attune™ system for the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) [1][3] - The 36-150 APU enhances aircraft mission readiness by providing a secondary source of electrical and hydraulic power, while Honeywell Attune™ is a lightweight, low-maintenance thermal management system [2][4] - Honeywell's 36-150 APU has a proven track record with over 10,000 units delivered for various applications, demonstrating reliability and fuel efficiency [3] Product Features - The 36-150 APU is a derivative of a successful model series known for its reliability and fuel efficiency, currently in use in the Army's UH-60 Black Hawk and AH-64 Apache helicopters [3] - Honeywell Attune™ is designed to be up to 35% lighter and 20% more efficient than traditional cooling systems, providing significant advantages in weight, size, and power [4] - The system utilizes Honeywell's Solstice zd refrigerant, making it an environmentally-friendly option for aircraft cooling [5] Strategic Alignment - Honeywell's technologies align with three megatrends: automation, the future of aviation, and energy transition, showcasing the company's commitment to innovation and sustainability [7] - The selection of Honeywell's systems for the FLRAA contract indicates a long-term partnership with the U.S. Army, expected to last beyond 2050 [3]
Terra Balcanica Welcomes Acquisition of Neighboring Producer in Bosnia and Herzegovina
Globenewswire· 2025-06-13 17:52
Vancouver, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB10) welcomes the acquisition of Adriatic Metals (ADT.AX) by the Canadian Dundee Precious Metals (DPM.TO) in a cash-and-stock deal valued at C$1.3 billion (https://dundeeprecious.com/news-media/news-releases/dundee-precious-metals-announces-proposed-acquisit-10180/). This development highlights the unique geological and jurisdictional potential of Bosnia and Herzegovina w ...
Sociedad Química y Minera De Chile: From The Atacama Desert To The World's Electric Cars
Seeking Alpha· 2025-06-13 15:25
Core Insights - Sociedad Química y Minera de Chile (SQM) plays a crucial role in the global energy transition by producing lithium, which is essential for powering cellphones, electric vehicles, and energy storage systems [1]. Company Overview - SQM is not just a mining company; it is integral to the supply chain of lithium, a key component in modern technology and renewable energy solutions [1]. Industry Context - The demand for lithium is expected to rise significantly due to the increasing adoption of electric vehicles and the need for energy storage solutions, positioning SQM favorably within the industry [1].