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Beam Global Awarded Sourcewell Cooperative Contract
Globenewswire· 2025-11-12 11:00
SAN DIEGO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security, and smart city infrastructure, today announced that it has been awarded a cooperative purchasing contract by Sourcewell, in the Electric Vehicle Supply Equipment with Related Services category. This allows Beam Global to expand its offerings to U.S. Military, state and local government agencies, and hig ...
Anaergia Reports Return to Positive Adjusted EBITDA and Significant Revenue Growth in Third Quarter 2025 Financial Results
Businesswire· 2025-11-11 23:00
Core Insights - Anaergia Inc. reported a significant revenue increase of 77% year-over-year, reaching CAD 51.4 million in Q3 2025, alongside a gross profit expansion of 146% [1][9] - The company returned to positive Adjusted EBITDA of CAD 2.6 million, marking a substantial improvement from a loss of CAD 6.4 million in Q3 2024 [4][9] - Revenue backlog grew to CAD 287 million, up from CAD 244 million in Q2 2025 and CAD 103 million at the beginning of 2025, indicating strong project pipeline momentum [5][9] Financial Performance - Q3 2025 revenue was CAD 51.4 million, a 76.9% increase from CAD 29.0 million in Q3 2024 [7] - Gross profit for Q3 2025 was CAD 14.8 million, with a gross profit margin of 28.8%, up from 20.7% in Q3 2024 [7][9] - The net loss for Q3 2025 was CAD 0.5 million, a significant reduction from CAD 15.6 million in Q3 2024 [7][9] - For the nine months ended September 30, 2025, revenue was CAD 108.5 million, a 39.8% increase from CAD 77.6 million in the same period of 2024 [7] Strategic Positioning - Anaergia is positioned at the forefront of the organic waste to renewable energy industry, benefiting from strong market demand and favorable regulatory trends [3] - The company focuses on delivering integrated resource recovery solutions that address both regulatory requirements and customer needs, significantly reducing greenhouse gas emissions [3] - The strategic transition to a capital-light business model has been instrumental in achieving improved operating results [2][4]
Capstone Green Energy Announces Second Quarter Fiscal Year 2026 Earnings Conference Call on Thursday, November 13, 2025
Businesswire· 2025-11-10 21:59
Core Viewpoint - Capstone Green Energy Holdings, Inc. will host its Second Quarter Fiscal Year 2026 earnings conference call on November 13, 2025, to discuss financial results for the quarter ending September 30, 2025 [1][2]. Earnings Conference Call Details - The earnings conference call is scheduled for November 13, 2025, at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time) [2]. - Financial results will be released after market close prior to the call [1]. - A live webcast will be available on the Investor Relations section of Capstone's website [2]. Company Overview - Capstone Green Energy has been a leader in clean technology for nearly four decades, focusing on microturbines to enhance sustainable energy management [4]. - The company has shipped over 10,600 units to 88 countries, contributing to reduced carbon footprints through efficient on-site energy systems [4]. - Capstone offers a range of microturbine products from 65 kilowatts to multiple megawatts, tailored for commercial, industrial, and utility-scale applications [5]. Product and Service Offerings - The company provides flexible Energy-as-a-Service (EaaS) solutions, including build, own, and operate models, as well as rental services [5]. - Capstone's power rental solutions are designed for customers with limited capital or short-term needs [6]. - Strategic partnerships have been established to enhance sustainability and efficiency through renewable gas products and heat recovery solutions [6][7]. Financial Performance - Preliminary financial results for the second quarter ending September 30, 2025, indicate expected revenues of approximately $28.4 million, a 25% increase from $22.7 million in the same quarter of the previous year [12].
Rectitude Holdings Explores Strategic Collaboration with Vantage Equipment & Services Pte Ltd to Advance Green Energy Expansion
Globenewswire· 2025-11-10 13:00
Core Insights - Rectitude Holdings Ltd. has signed a memorandum of understanding (MOU) with Vantage Equipment & Services Pte Ltd for the rental and supply of power storage systems and construction equipment across Southeast Asia and the Middle East, effective from November 5, 2025, to November 4, 2028 [1][2][7] - The collaboration aims to generate approximately SGD $10 million in annual rental income over the next three years while enhancing operational efficiency and sustainability in key industries [2][7] - This agreement builds on Rectitude's previous partnerships and is part of the company's strategy to expand its presence in the green energy sector, particularly through its Super Sun energy storage systems [2][3][7] Company Overview - Rectitude Holdings Ltd. was founded in 1997 in Singapore and specializes in safety equipment, including personal protective clothing, safety footwear, and portable fire extinguishers, among other industrial products [4] - The company markets its products to a wide array of distributor networks and end markets across Southeast Asia, including countries like Brunei, Cambodia, Malaysia, Indonesia, and Vietnam [4] - Vantage Equipment & Services Pte Ltd, established in 2021, focuses on construction equipment rental solutions in Singapore, operating a fleet of over 1,000 machines [5]
Agratas unveils latest developments at £4bn battery facility in Somerset
Yahoo Finance· 2025-11-10 10:02
Core Insights - Tata Group's Agratas is constructing a £4bn ($5.27bn) battery manufacturing plant in Bridgwater, Somerset, aimed at advancing clean technology and supporting the UK's energy transition [1][4] Construction Progress - Current construction highlights include the progress on 'Building One', with teams working on multiple floor levels and 3,000 tonnes of locally sourced concrete already poured [2] - A steel frame for a central utilities building, measuring 100m in length, has begun to emerge [2][3] Employment and Economic Impact - The initial manufacturing building is expected to support over 2,200 direct jobs and approximately 7,500 roles within the broader supply chain during construction [3] - Recruitment for up to 1,600 operational positions is anticipated to start next year, preparing for battery cell production [5] - Once fully operational, the facility is projected to contribute over £700m annually to the South West's economy [5] Project Timeline and Collaboration - Construction began in 2024 and is scheduled to continue through to 2026 [4] - Sir Robert McAlpine has been selected as the delivery partner for Building One, showcasing UK engineering and collaboration [6]
Two Solar Stocks Surge In Momentum Amid Insatiable AI Power Demand - First Solar (NASDAQ:FSLR), Canadian Solar (NASDAQ:CSIQ)
Benzinga· 2025-11-07 12:17
Core Insights - The surge in global energy consumption driven by AI infrastructure is benefiting solar stocks, particularly Canadian Solar Inc. and First Solar Inc. [1][6] - Both companies have achieved significant momentum gains, placing them in the top decile of momentum performers according to Benzinga Edge's Stock Rankings report [2][6]. Company Performance - Canadian Solar's momentum percentile improved from 87.87 to 95.74, a rise of 7.87 points, with stock gains of 52.71% over the last five days, 85.31% over the last month, and 122.09% year-to-date [7]. - First Solar's momentum score increased from 87.2 to 91.64, up 4.44 points, with stock performance showing a 9.07% increase over the last five days, 19.35% in a month, and 45.86% year-to-date [7]. Industry Context - The energy sector is experiencing a projected 25-30% increase in power demand over the next decade, largely due to AI-driven data centers [6]. - Business leaders are advocating for innovative energy solutions, including floating data centers and space-based facilities powered by solar energy [5][6].
Elon Musk's $1 Trillion Tesla Pay Package Approved: Shareholder Day Supercut
Youtube· 2025-11-06 23:22
Core Insights - The company has received over 75% shareholder approval for the 2025 CEO performance plan for Elon Musk, indicating strong support from investors [1] - The company is poised to launch a production ramp for its Optimus robot, which is expected to be a groundbreaking product, potentially larger than cell phones [2][3] - The production line in Fremont aims to achieve a million units, with a future goal of 10 million units per year [4] Robotics and AI - The Optimus robot is projected to surpass human surgeons in precision, potentially revolutionizing medical care and contributing to poverty alleviation [5][6] - The integration of AI and robotics could significantly boost the global economy, with estimates suggesting a potential increase by a factor of 10 to 100 [7] Autonomous Vehicles - The company is developing a Cyber Cab designed for unsupervised full self-driving, which will not include traditional driving controls [9] - Production for the Cyber Cab is set to begin in April next year, with a focus on minimizing costs per mile in autonomous mode [10] Product Development and Investments - The company is launching three major products next year: Optimus, Tesla Semi, and Cyber Cab, alongside significant investments in raw materials [11] - A lithium refinery in South Texas is being established, with an initial capacity of 50 gigawatt hours, aimed at supporting the company's battery production needs [11]
Constellation Energy to Report Q3 Earnings: How to Play the Stock?
ZACKS· 2025-11-06 17:01
Key Takeaways Strong demand from commercial customers and an expanding customer base boosted Q3 earnings.Q3 earnings are projected to rise 10.95% year over year, while revenues might fall 6.53%.Strong nuclear assets, renewables expansion and buybacks likely supported CEG's results.Constellation Energy Corporation (CEG) is expected to report third-quarter 2025 earnings on Nov. 7, before market open. The Zacks Consensus Estimate for revenues is pinned at $6.12 billion, indicating a decline of 6.53% from the y ...
Terra Innovatum Global to Report Third Quarter 2025 Financial Results and Provide Business Update on November 17, 2025
Globenewswire· 2025-11-06 13:00
NEW YORK, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Global N.V. ("Terra Innovatum" or the “Company”) (NASDAQ: NKLR), a developer of micro-modular nuclear reactors, announced it will release its third quarter fiscal year 2025 financial results before the opening of financial markets on Monday, November 17, 2025. The Company will conduct a conference call and webcast, hosted by Alessandro Petruzzi, Co-Founder & Chief Executive Officer, Guillaume Moyen, Chief Financial Officer, and Giordano Morichi, Ch ...
Mitsubishi Corporation picks stake in India's KIS Group to foray into global biogas business — all about the deal
MINT· 2025-11-05 09:33
Mitsubishi Corporation, one of Japan's largest global integrated business enterprises, has acquired a minority equity stake in the Indonesian operations of Bengaluru-based Biogas and Biofuels technology firm KIS Group, the company announced on Wednesday.This investment marks Mitsubishi Corporation's first entry into the global biogas market, the company was quoted as saying by PTI.KIS Group's global footprintFounded in 2006 by KR Raghunath, KIS Group provides end-to-end solutions across key sectors such as ...