Core Viewpoint - Ormat Technologies, Inc. has successfully acquired the Blue Mountain geothermal power plant for $88 million, enhancing its renewable energy portfolio and generating capacity [1][2][3] Group 1: Acquisition Details - The acquisition involved 100% equity interest in the 20MW Blue Mountain geothermal power plant located in Nevada [1][2] - The plant currently operates under a Power Purchase Agreement (PPA) with NV Energy, which is set to expire at the end of 2029 [2] - Ormat plans to upgrade the plant's capacity by approximately 3.5MW and is considering adding a 13MW solar facility, pending necessary approvals [2][3] Group 2: Strategic Implications - The acquisition is part of Ormat's strategy to enhance its generation capacity and revenue potential through upgrades and new projects [3][6] - The overall transaction was financed through bank debt, indicating a strategic financial approach to support growth [2] Group 3: Company Overview - Ormat Technologies is a leading geothermal and renewable energy company with over 60 years of experience, focusing on geothermal and recovered energy generation [4] - The company has a total generating portfolio of 1,558MW, including 1,268MW from geothermal and solar sources globally [4][6] - Ormat is also expanding into energy storage services and solar photovoltaic (PV) solutions, aiming to establish a strong position in the U.S. energy storage market [4]

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Many banks have adopted policies that were kind of to promote uh the idea that we should do something about climate change. Now the US United States government seems to be not recognizing climate change. Has it changed your policies at all in the way you look at climate change or you're not really that involved in that issue. So look, we are involved in that issue.We are a very large we're the largest investment bank outside of the US. So we've always had a presence in the US including a presence in the ene ...

TETRA Oasis Total Desalination Solution (TDS) Receives 2025 Hart Energy Special Meritorious Engineering Award for Innovation THE WOODLANDS, Texas, June 10, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced today that it will host an Investor Day on Thursday, September 25, 2025, in the Siebert Hall at the New York Stock Exchange ("NYSE") in New York City. During the event, TETRA's executive team will provide investors, analysts, and stakeholders with a roadmap to ...

In 2024, Johnson Controls heat pumps cut customers' annual heating costs 53% while reducing emissions by 60%MILWAUKEE, June 10, 2025 /PRNewswire/ -- Johnson Controls commercial heat pumps are delivering competitive advantage to customers and partners across all industries – from global industrial and manufacturing organizations to hospitals, local municipalities, and utilities – while having a positive impact on the environment. The results are significant: In 2024, Johnson Controls helped cut customers' ex ...

Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "India Power Generation Engines Market, By Region, Competition, Forecast & Opportunities, 2021-2031F" has been added to ResearchAndMarkets.com's offering. The India Power Generation Engines Market was valued at USD 1.20 Billion in 2025 and is expected to reach USD 1.70 Billion by 2031, rising at a CAGR of 5.81% This market is witnessing robust expansion driven by increasing energy demands arising from urbanization and industrialization. Power generation engines ...

Core Viewpoint - Digi Power X Inc. has granted 1,145,000 stock options to its officers, directors, management, key consultants, and employees, which are exercisable at a price of C$2.09 for five years, fully vesting on the grant date [2]. Company Overview - Digi Power X is an innovative energy infrastructure company focused on developing advanced data centers to promote the growth of sustainable energy assets [3]. Stock Options Details - The stock options granted are in accordance with the Company's stock option plan and are subject to the policies of the TSX Venture Exchange [2].

Toronto, Ontario – TheNewswire - June 4, 2025 – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid" or the "Company") is pleased to announce a new dealer agreement (“Agreement”) with One Stop Truck & Equipment (“One Stop”), a leading provider of truck and equipment solutions based in North Highlands, California. This Agreement enables One Stop to distribute Hybrid’s cutting-edge portable power systems across their established network.Under the Agreement, One Stop will leverage Hybrid ...

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, June 02, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended May 31, 2025, ...

The companies belonging to the Zacks Oil & Gas – Integrated - United States industry offer a strong investment case based on energy security, solid infrastructure, and supportive regulations. The U.S. shale boom has improved cost efficiency, scalable production, and access to top-tier pipelines and refineries, boosting profitability and resilience. U.S. companies are well-positioned to meet long-term domestic natural gas demand, driven by power generation and coal-to-gas transition, as well as rising LNG ex ...