Core Insights - CECO Environmental Corp. has announced its largest order to date, exceeding $135 million, which includes a comprehensive emissions management solution for a Texas-based natural gas power generation facility [1] - The company expects full-year 2025 bookings to surpass $1 billion, with a record backlog approaching or exceeding $800 million [1] - CECO's sales pipeline is projected to exceed $6 billion by the end of 2025, indicating strong future growth potential [2] Company Performance - CECO has been recognized in Newsweek's America's Greatest Companies 2025 list and Forbes' 2026 America's Most Successful Small-Cap Companies, highlighting its commitment to delivering world-class solutions and sustainable growth [3] - The CEO emphasized the company's strong performance in the energy transition and power generation sectors, as well as its emerging leadership in international industrial water treatment markets [2] Market Position - CECO operates in various industrial sectors, including air and water quality improvement, emissions management, and energy efficiency, serving markets such as power generation, semiconductor production, and electric vehicle manufacturing [5] - The company is well-positioned to benefit from ongoing trends in natural gas infrastructure expansions, industrial reshoring, and electrification [2]

Core Insights - Data centres are significantly driving global electricity demand, projected to consume 945 terawatt-hours by 2030, which is about 3% of global consumption [4] - The energy industry is adapting to meet the rising demand from data centres through various strategies, including co-locating data centres with power generation facilities and negotiating long-term power purchase agreements [2][3] - The relationship between data centres and energy sources is complex, with gas and coal expected to meet over 40% of data centre electricity demand until at least 2030, while renewables are anticipated to increase their share significantly [7][8] Group 1: Data Centre Demand and Energy Supply - Data centres are becoming a major driver of electricity demand, expected to use more power than all other energy-intensive industries combined in the US by 2030 [4] - The rapid growth of data centres is complicating the energy transition, potentially delaying the retirement of fossil fuel capacity due to increased reliance on gas [7] - Hyperscalers are major buyers of renewables and are investing in energy storage and advanced grid technologies to support their operations [8][9] Group 2: Energy Transition Challenges - The power industry is facing challenges in meeting the energy needs of data centres, as energy systems often take longer to develop than the centres themselves [3] - Gas-fired power is seen as a solution for grid stability, but the gas industry is struggling with supply issues, leading to delays in turbine deliveries and increased project costs [17] - The renewable energy supply chain is facing pressures from tariffs and trade policies, which could hinder deployment despite the growth in solar module production [19][20] Group 3: Nuclear Power and Future Projections - Nuclear power is emerging as a viable option for co-locating with data centres due to its stable load profile, with small modular reactors (SMRs) being particularly promising [11][14] - Policy support for SMR projects is increasing, making them more bankable and likely to be deployed for data centres in the coming years [13] - GlobalData forecasts that at least 3GW of additional data centre-linked SMR capacity will be commissioned in the next three years, with nuclear deployment peaking between 2031 and 2035 [14] Group 4: Grid Infrastructure and Storage Solutions - Despite investments in transmission and distribution (T&D) infrastructure, power grids are still struggling to keep pace with new capacity, leading to longer interconnection queues [25] - Grid reforms are being implemented to ease constraints, with various countries updating regulatory rules to streamline connection processes [26] - Energy storage, particularly battery technology, is becoming essential for modern power systems, with significant increases in capacity expected in the coming years [30]

Core Insights - Falcon Oil & Gas Ltd has successfully completed the stimulation program for the Shenandoah South SS2-1H well, marking a significant milestone for the joint venture partners [2][4] - The company anticipates a busy 2026 with three additional wells planned for stimulation in the first half of the year and gas sales expected to commence shortly thereafter [4] Stimulation Program Details - The SS2-1H well stimulation involved 58 stages across a horizontal section of approximately 3,050 meters, with an average proppant intensity of 2,206 pounds per foot [7] - Wellhead injection rates consistently exceeded 100 barrels per minute, utilizing modern stimulation equipment from Liberty Energy [7] - Adjustments in the stimulation design increased stage spacing from approximately 50 meters to 60 meters, which is expected to reduce costs in future programs [7] Production Expectations - Following the completion of the well with tubing, a 30-day soaking period will precede a 30-day flow test, with initial production rates expected in the first quarter of 2026 [7] - In the first half of 2026, three wells, including the second well from the 2024 drilling campaign, are expected to be stimulated ahead of gas sales [7] Joint Venture Structure - Falcon Oil & Gas Australia Limited holds a 22.5% interest in the Beetaloo joint venture, while Tamboran (B2) Pty Limited holds 77.5% [10] - In the Shenandoah South Pilot Project, Falcon's interest is reduced to 5.0%, with Tamboran holding 95.0% [11] Future Developments - The definitive agreement between Falcon and Tamboran Resources Corporation is progressing and is expected to close in the first quarter of 2026 [4] - All wells in the Shenandoah South Pilot Project are projected to deliver the contracted volume of 40 million cubic feet per day under the Gas Sales Agreement with the Northern Territory Government, subject to weather conditions and final approvals [7]

Core Insights - The Flamanville 3 reactor achieved a significant milestone by reaching 100% nuclear thermal power, generating 1,669MW of gross electrical power on December 14, 2025 [1] - This achievement allows for full power testing of equipment, measurement taking, and verification of operational functionality [2] - The milestone demonstrates the commitment and expertise of EDF and its industrial partners in ensuring the reactor's safe start-up [3] Company Overview - EDF Group is a major player in the energy transition, involved in all aspects of the energy business, including power generation, distribution, trading, energy sales, and services [5] - The company is a world leader in low-carbon energy, producing 520TWh with 94% decarbonized and a carbon intensity of 30gCO2/kWh in 2024 [5] - EDF serves approximately 41.5 million customers and reported consolidated sales of €118.7 billion in 2024 [5]

Core Insights - SPIE successfully executed its SHARE FOR YOU 2025 employee shareholding plan, reflecting strong employee engagement and commitment to the company [1][2]. Group Participation - Participation in the employee shareholding plan increased significantly, with nearly 25,000 employees from 17 countries subscribing, up from approximately 21,000 in 2024 [2]. - Over 6,000 employees participated for the first time, including individuals from recently acquired companies [2]. Financial Contributions - Employee contributions to the 2025 SHARE FOR YOU plan totaled €62 million [3]. - A total of 2,101,883 new shares were issued as part of this plan, which ran from September 25 to October 16, 2025 [3]. - Employees received a 20% discount on the subscription price, set at €38.55 [6]. Shareholding Impact - Post-plan, more than 50% of employees are now shareholders, with employee-held capital representing approximately 8% of the company [3]. Leadership Commentary - Gauthier Louette, Chairman and CEO, emphasized the importance of employee engagement in shaping the company's future and expressed gratitude for their commitment [4]. - The company plans to initiate a share buyback program in early 2026 to mitigate the dilutive effects of the employee shareholding program and long-term incentive plans [4]. Company Overview - SPIE is a leading independent European provider of multi-technical services in energy and communications, with 55,000 employees dedicated to decarbonization and energy transition [5]. - In 2024, SPIE reported consolidated revenues of €9.9 billion and consolidated EBITA of €712 million [5].

Financing Details - Homerun Resources Inc. has filed for final approval of a private placement financing at CA$1.00 per unit, aiming for total gross proceeds of CA$3,128,384 [1] - The second tranche of the financing has closed, raising CA$1,560,384 and resulting in the issuance of 1,560,384 units, bringing the total to 3,128,384 units issued [2] - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at CA$1.30 for 24 months, subject to acceleration if shares close at or above CA$2 for 10 consecutive trading days [2] Use of Proceeds - Proceeds from the financing will be allocated for project payments, ongoing development of the company's projects, and general working capital [3] - The company will also pay cash finder's fees of CA$31,150 and issue 31,150 Non-Transferable Broker Warrants upon receiving Exchange approval [3] Company Overview - Homerun is focused on building a silica-powered backbone for the energy transition across four verticals: Silica, Solar, Energy Storage, and Energy Solutions [3][4] - The company is anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, transforming raw silica into essential products for clean power adoption [3] - Homerun aims to create a scalable, vertically integrated platform for clean energy manufacturing in the Americas through disciplined execution and strategic partnerships [4] Industry Focus - The company is securing supply and processing of high-purity low-iron silica for applications in premium solar glass and advanced energy materials [7] - It is developing Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and commercializing antimony-free solar glass for next-generation photovoltaic performance [7] - Homerun is advancing long-duration, silica-based thermal storage systems to decarbonize industrial heat and enhance grid flexibility [7] - The company is also working on AI-enabled energy management systems and turnkey electrification solutions to optimize renewable generation for commercial and industrial customers [7]

Core Insights - Hitachi Energy UK has signed a memorandum of understanding (MoU) with Omexom to enhance high-voltage grid connections in the UK, focusing on Integrated GIS Applications for grid infrastructure [1] - The partnership aims to support major electricity infrastructure and renewable energy projects, including data centres and essential facilities [1] Group 1: Partnership Details - The agreement leverages Hitachi Energy's expertise in grid technologies and Omexom's experience in engineering, procurement, and construction for transmission and distribution [2] - Standardised, modular substation solutions will be deployed to facilitate faster rollout, improved efficiency, and reduced on-site risk [2] Group 2: Strategic Goals - Omexom's business development director emphasized the collaboration's potential to enhance the UK's transmission and distribution network, focusing on efficiency, reliability, and sustainability [3] - Hitachi Energy's IGA portfolio includes eco-efficient solutions and SF6-free technologies aimed at minimizing environmental impact and supporting the UK's energy transition objectives [3] Group 3: Commitment to Innovation - The collaboration is expected to strengthen Hitachi Energy's capacity to deliver high-voltage solutions that accelerate the UK's energy transition [4] - Both companies are committed to innovation and sustainability as part of the MoU [4] Group 4: Related Contracts - In July 2025, Hitachi Energy secured a contract valued at up to $700 million with E.ON to supply transformers for Germany's electricity grid, enhancing energy security and resilience [5]

Core Insights - Haffner Energy has secured a significant strategic partnership in Canada, marking a turnaround after a challenging year in 2025 [1][5] - The partnership will focus on establishing a complete advanced biofuels sector in Canada, starting with a 5 MW project in Quebec expected to generate €4.2 million in revenue [1][4] - The agreement includes the creation of a joint venture, with Haffner Energy holding 49% of the capital without cash contribution, leveraging its technology license [2][3] Partnership Details - The Canadian partner's identity will be revealed soon, and the initial project will utilize existing equipment, allowing for immediate revenue recognition [1][3] - A significant advance payment of €250,000 will be made to Haffner Energy, with the joint venture responsible for marketing the technology and manufacturing equipment [3][10] - The first project is a precursor to deploying multiple multi-energy hubs across Canada, utilizing SYNOCA® 20 MW thermolysis units for diverse fuel production [4][10] Technological Advancements - The new H6 generation technology significantly reduces the cost of hydrogen production to less than €2.50/kg, compared to nearly €10/kg for similar electrolyzers [7] - The capital expenditure (CAPEX) per kilowatt of thermal energy produced is reduced by a factor of three for the SYNOCA® H6 compared to previous generations, enhancing competitiveness [7] Market Context - Canada, with its vast biomass resources, presents a unique opportunity for biofuel production, producing 18 times more biomass than France [8] - The partnership aligns with the growing strategic relationship between Canada and Europe, focusing on decarbonized energy and sustainable resource use [9]

Grants will help small businesses expand - lifting economic activity and creating jobs. Twenty nonprofit organizations selected to receive grants of $25,000 to distribute to local small businesses. RALEIGH, N.C., Dec. 11, 2025 /PRNewswire/ -- Duke Energy Foundation today announced the recipients for $500,000 in grants designed to boost local economies by supporting small businesses in communities across North Carolina. How it works: Twenty nonprofit organizations have been selected to receive $25,000 gra ...

Core Viewpoint - Euro Manganese Inc. has announced amendments to its convertible loan and royalty agreements with Orion Resource Partners, enhancing flexibility and cooperation between the two parties [1][2]. Company Overview - Euro Manganese Inc. is focused on developing the Chvaletice Manganese Project in the Czech Republic, which is positioned as Europe's only near-term source of high-purity manganese, essential for electric vehicles and energy storage [3][5]. - The project aims to reprocess historic mine tailings to produce high-purity electrolytic manganese metal (HPEMM) and high-purity manganese sulfate monohydrate (HPMSM), establishing a low-carbon supply chain within the EU [4][5]. Financial and Operational Updates - The amendments allow Orion to convert the outstanding loan amount and accrued interest into a royalty at any time, with the milestone extension date pushed to June 30, 2026, indicating a strategic move to enhance operational flexibility [2]. - The company has successfully produced on-spec products at its Demonstration Plant and is working on optimizing commercial plant efficiency, positioning itself to meet the growing demand for sustainable battery materials [5]. Industry Context - Orion Resource Partners, a global investment firm, specializes in metals and materials critical for sustainable economic growth, managing over $8.6 billion in assets and focusing on long-term trends in decarbonization and resource supply constraints [6].