Core Insights - Lennox Residential HVAC has launched the Elite Series EL18KSLV Side Discharge Heat Pump, which emphasizes efficient performance and space-saving design [1][2] - The new heat pump is particularly suited for homeowners with zero-lot-line or narrow-lot homes, providing high-efficiency heating without requiring additional space [2] - The unit features a variable-capacity design with energy ratings of up to 19.00 SEER2 and 10.00 HSPF2, aimed at reducing energy consumption and potentially lowering utility costs [2] Product Features - The EL18KSLV Side Discharge Heat Pump has a narrow cabinet for easy installation in limited spaces [2] - It operates at sound levels as low as 54 decibels, comparable to an electric toothbrush, ensuring quiet operation [2] - The unit is compatible with multiple Lennox smart thermostat product lines, allowing for management through various smart home platforms [3] Incentives and Availability - The heat pump qualifies for the Energy Efficient Home Improvement Credit, a federal incentive for high-efficiency home upgrades, with additional regional incentives potentially available [3] - The EL18KSLV Side Discharge Heat Pump is available for purchase through local Lennox dealers [3] Company Overview - Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions, focusing on sustainability and innovation in cooling, heating, indoor air quality, and refrigeration systems [4]

Core Insights - PSE&G is preparing for an expected heat wave and is encouraging customers to take steps to manage energy use and bills during high temperatures [1][2][3] Energy Management and Customer Support - PSE&G emphasizes the importance of energy conservation during extreme heat, noting that electricity demand significantly increases as temperatures rise [6][7] - The company has implemented various programs to assist customers in reducing energy consumption and managing bills, including energy efficiency audits and payment assistance options [6][10] - PSE&G's Equal Payment Plan allows customers to spread their energy costs evenly over the year, while Deferred Payment Arrangements help manage past-due balances [10] Safety and Preparedness - Customers are advised to prepare for potential power outages and to notify PSE&G if they rely on electricity for medical equipment [5][9] - The company provides tips for staying safe during high temperatures, such as staying hydrated and avoiding overexertion [7] Infrastructure and Reliability - PSE&G invests annually to modernize its infrastructure, ensuring reliability during extreme weather events [3][4] - The company relies on the regional grid operator, PJM, to maintain adequate electric supply, especially since 35% of its power is sourced from outside New Jersey [4] Recognition and Achievements - PSE&G has received multiple awards for reliability and customer satisfaction, including the ReliabilityOne® Award and the ENERGY STAR Partner of the Year award [11]

Teardown Result Sparks Heated DiscussionKUALA LUMPUR, Malaysia, June 05, 2025 (GLOBE NEWSWIRE) -- Recently, influencers from Thailand and Malaysia shared teardown reviews of air conditioners, sparking widespread discussion. Many were surprised to learn that top Japanese brands like Panasonic and Daikin use “GMCC” compressors—manufactured by Midea, the world’s No.1 residential inverter AC company. Malaysian Tech DIYer Berani Buat disassembled Daikin and Panasonic units and found the GMCC label inside. His vi ...

PSE&G Also Continues to Support Deferral of Electric Supply Increase This Summer Due to Record-Setting Electric Supply Auction NEWARK, N.J., June 3, 2025 /PRNewswire/ -- PSE&G today announced that it is proactively implementing a Summer Relief Initiative to protect qualified residential electric customers from disconnection, while seeking approval from the New Jersey Board of Public Utilities (BPU) to provide New Jerseyans relief on their summer electric bills. To combat the significant electric supply pric ...

Financial Data and Key Metrics Changes - For Q1 2025, the company recognized approximately $400,000 in revenues, a decrease from $1,100,000 in the same period in 2024, primarily due to a decrease in process burner shipments [5][6] - The net loss increased by approximately $1,000,000 compared to Q1 2024, attributed to decreased sales volume and $581,000 in legal fees [6][7] - Net cash used in operations was approximately $1,100,000 for Q1 2025, compared to $1,000,000 in Q1 2024, with cash and cash equivalents at approximately $12,800,000 at the end of Q1 2025 [8][9] Business Line Data and Key Metrics Changes - The revenue decrease was largely due to a shift from process burner shipments to spare parts orders [6] - The company has received a large order for 26 process burners for a Texas Gulf Coast chemical company, which is currently in testing [11][12] - A repeat order for flare products has been received, indicating a resurgence in this product line driven by regulatory needs [13][14] Market Data and Key Metrics Changes - The number of quotations provided this year has doubled compared to the same period last year, with the total value of proposals being just under five times that of the previous year [30][31] - The company is seeing increased interest in the midstream market, with repeat inquiries from established customers [35][36] Company Strategy and Development Direction - The company is focusing on diversifying product lines and sales channels, with ongoing efforts to engage with channel partners like Zico [28][36] - There is a strong emphasis on expanding the sales pipeline and leveraging relationships with major refineries to establish ClearSign as a credible alternative for emissions control solutions [40][78] - The company is also exploring opportunities in the hydrogen technology space while maintaining its focus on low NOx requirements [68][69] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong interest in their products and the potential for increased inquiries and orders [30][31] - The company is closely monitoring the impact of tariffs and regulatory changes, noting minimal current effects on their operations [66][68] - Upcoming milestones include the startup of significant process burner projects and the engagement with Zico's sales team [55][56] Other Important Information - Legal fees incurred during the quarter were related to an SEC inquiry and stockholder director nominations, which are nearing completion [7] - The ClearSign Eye sensor product line is expected to see commercial traction in the next three to six months as installations begin [94] Q&A Session Summary Question: How are Zico salespeople incentivized to sell ClearSign products? - Management indicated that the incentive system is still being worked out, and discussions about specific incentives for ClearSign products have not yet occurred [61][62] Question: Can additional sensors be deployed at the same supermajor refinery? - Yes, the supermajor has many heaters with potential opportunities for additional sensors, and they have multiple refineries globally [64][65] Question: How does the current tariff and regulatory environment affect the business? - Management noted minimal impact from tariffs, with ongoing monitoring of regulatory changes, particularly regarding hydrogen technology [66][68] Question: What is the competitive landscape for the increased proposal volume? - The proposal growth includes competitive situations, but ClearSign is increasingly seen as a credible alternative to traditional solutions like SCR [77][78] Question: How much of the proposal volume is related to Zico? - Currently, inquiries are primarily from the ClearSign team, with no contributions from Zico yet, indicating that Zico's impact is still to come [82]

Group 1 - The company reported a revenue of 959 MEUR in Q1 2025, marking a 4% increase compared to the previous year, with 2 percentage points of this increase attributed to acquisitions made in October 2024 [5] - EBITDA for Q1 2025 reached 223 MEUR, resulting in a 23.2% EBITDA margin, which is a slight decrease of 0.3 percentage points from Q1 2024 [5] - EBIT increased by 1% to 154 MEUR in Q1 2025, with an EBIT margin of 16%, down 0.5 percentage points from Q1 2024, primarily due to higher depreciation costs [5] Group 2 - The company is progressing with investments totaling 93 MEUR in Q1 2025, focusing on electrification of production lines, capacity expansion in Romania, digitalization, and a new factory in the United States [5] - Cash flow from operations before financial items and tax was 126 MEUR in Q1 2025, compared to 135 MEUR in Q1 2024 [5] - The company plans to invest around 450 MEUR excluding acquisitions in the upcoming period [5] Group 3 - The CEO highlighted that the company continues to perform well in revenue and profitability, with positive developments across all key indicators, except in Eastern Europe [2] - Continuous demand for energy-efficient and fire-safe solutions is expected in Europe as member states work on national renovation plans to meet mandatory targets [2] - The company purchased 84,680 B shares for a total of 31 MEUR as part of its share buy-back programs during Q1 2025 [5]

FAIRMONT, W.V., May 14, 2025 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), are sharing tips, tools and programs to help customers manage their energy use and budget during periods of high demand and all year long.  As seasons change and the region experiences periods of extreme cold or heat, it's not uncommon for customers to use more energy as heating and cooling systems work harder and longer, often leading to higher electric bills. By taking some simple steps ...

WILLIAMSPORT, Md., May 14, 2025 /PRNewswire/ -- Spring is in full swing, a welcome change after this winter's sub-zero temperatures. As spring turns to summer, energy use and costs can often increase as cooling systems work harder to keep homes comfortable. Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is sharing tips and tools to help customers manage their energy use and budget during periods of high demand and all year long.  Jim Myers, FirstEnergy President, West Virginia and Maryland: " ...

Core Insights - Nokia is enhancing Optus's 5G network capabilities and coverage in regional Australia through the deployment of advanced technologies [1][8] - The partnership aims to provide faster data speeds and improved customer experience, particularly in underserved areas [5][6] Group 1: Technology Deployment - Nokia will deploy Habrok Massive MIMO radios and Levante ultra-performance baseband solutions to improve Optus's network performance [1][7] - The Habrok 32 radios offer a 33% increase in output power while reducing power consumption, making them suitable for both new deployments and site modernization [2][3] - The Levante baseband capacity card is designed to enhance scalability and reduce energy consumption by 50% compared to previous generations [3][6] Group 2: Energy Efficiency and Sustainability - Optus will utilize the 'Extreme Deep Sleep' mode of Habrok technology to minimize energy consumption without compromising network performance [3][6] - Nokia's ReefShark SoC technology contributes to energy efficiency and supports advanced AI capabilities in the network [4][6] Group 3: Strategic Importance - The upgrade is part of Optus's commitment to improving connectivity for customers in regional areas, enabling better streaming and content sharing [5][8] - The collaboration strengthens the long-term partnership between Nokia and Optus, focusing on network modernization and sustainability [6][7]

Financial Data and Key Metrics Changes - The company reported a total revenue growth of 18% year-over-year, with adjusted EBITDA increasing by 32% [15][18] - Net income attributable to common shareholders was a loss of $5,500,000, equating to a loss of $0.10 per share [17] - The gross margin was reported at 14.7%, consistent with expectations, reflecting a higher mix of revenue from large European EPC contracts [17] Business Line Data and Key Metrics Changes - Revenue from the projects business grew by 23%, driven by strong execution and backlog conversion [15] - Energy asset revenue increased by 31%, attributed to the growth of operating assets, which now total 742 megawatts [16] - The other line of business experienced a revenue decline due to the divestiture of the AEG business at the end of 2024 [17] Market Data and Key Metrics Changes - The total project backlog grew by 22% to $4,900,000,000, with a contracted project backlog increasing by 80% to $2,600,000,000 [18] - The company noted strong performance in Europe and Canada, contributing to the overall growth [15][16] - Approximately 30% of the current total project backlog is attributed to federal government contracts, with military-related customers accounting for two-thirds [8] Company Strategy and Development Direction - The company aims to leverage its expertise in energy efficiency and resiliency to capture emerging infrastructure opportunities [20] - A focus on diversified energy solutions is emphasized, with approximately 50% of the total project backlog involving energy infrastructure projects [12] - The company is optimistic about future growth, particularly in federal contracts, as the current administration prioritizes energy efficiency and infrastructure upgrades [10][20] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the federal contracts, noting that recent cancellations and pauses have been resolved [9][24] - The company is well-positioned to mitigate near-term price increases due to prior equipment purchases and strong vendor relationships [13] - Management reaffirmed guidance for 2025 revenue and adjusted EBITDA, projecting $1,900,000,000 and $235,000,000 at midpoints, respectively [18] Other Important Information - The company has successfully executed approximately $334,000,000 in financing commitments, including extending its senior secured credit facility [18] - The management highlighted the importance of diversifying the supply chain to mitigate tariff impacts and maintain project profitability [54] Q&A Session Summary Question: Update on federal business contract visibility - Management noted that a canceled contract has been rescoped, and paused contracts have resumed, leading to a positive outlook for federal contracts [24][25] Question: Margin shaping for Q2 and the rest of the year - Management expects gross margins to remain within the guidance range of 15.5% to 16% for the full year, despite a lower margin in Q1 due to a mix of European EPC contracts [27] Question: Impact of blackouts in Southern Europe on infrastructure reliability - Management indicated that increasing reliance on renewable energy without adequate storage solutions could lead to more outages, emphasizing the need for distributed generation [29][31] Question: Projects sensitive to changes in the Inflation Reduction Act - Management has safe harbored the ITC for most projects coming online this year, minimizing short-term impacts from potential changes in the IRA [36] Question: Effects of reduced federal workforce on project approvals - Management has not yet seen negative impacts but acknowledged potential delays in project progression due to administrative challenges [42][59] Question: Tariff implications on procurement and project costs - Management confirmed that new contracts include pass-through language for tariffs, allowing for adjustments based on tariff changes [52][84] Question: Valuation dislocations between private and public markets - Management noted that private valuations for projects remain robust, despite public market fluctuations, indicating strong fundamentals in their offerings [49] Question: Structure of agreements regarding RIN profitability - Management detailed a thorough vetting process for RNG projects, ensuring profitability through careful financial modeling and stress testing [64] Question: Operating expenses and personnel allocation - Management attributed stable operating expenses to cost controls and the divestiture of the AEG business, with improved utilization of personnel for project execution [67]