Daqo New Energy (DQ) Q1 2025 Earnings Call April 29, 2025 08:00 AM ET Company Participants Jessie Zhao - IR - DirectorNone - ExecutiveMing Yang - Chief Financial OfficerAlan Hon - Head of Asia Power & Utilities and Renewables Equity Research Conference Call Participants Philip Shen - Managing Director, Senior Research Analyst Operator Good day, and welcome to the Dakot New Energy First Quarter twenty twenty five Results Conference Call. All participants will be in a listen only mode. After today's presentat ...

Core Insights - SolarBank Corporation plans to develop a 7.2 MW DC ground-mount solar power project in upstate New York, expected to power approximately 850 homes, contributing to its expanding development pipeline exceeding one gigawatt [1][7] Project Details - The Glor Rd project will be eligible for the VDER rate compensation mechanism, with an average compensation projected at $0.0971 per kWh in the first year [2] - The project aims to secure incentives under the NY-Sun Program, targeting up to $0.245 per watt DC as a one-time payment to support financing [3] Community Solar Concept - Once operational, the project will function as a community solar initiative, allowing renters and homeowners to save on electricity bills by subscribing to the project without needing to install solar panels on their properties [4] Customer Engagement - Solar Simplified will manage customer-facing activities for the community solar projects, ensuring full project subscription and maximizing revenue from the outset, which aligns with the company's growth strategy [5] Company Overview - SolarBank Corporation focuses on developing renewable energy projects, including solar, Battery Energy Storage Systems (BESS), and EV Charging projects, with a diverse portfolio across North America [7]

April 2025 Revenue Expected to Shatter Previous Company Highs as Nationwide Growth AcceleratesSAN DIEGO, April 29, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable energy storage solutions for resilient residential and commercial power infrastructure, today announced that, based on preliminary internal estimates, April 2025 revenue is projected to exceed $2 million — surpassing the company’s total estimated revenue for the entire first quarter ...

KUALA LUMPUR, Malaysia, April 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), today announced that it will release its financial results for fiscal year 2024, ended December 31, 2024, before markets open on May 13, 2025. VCI Global’s management team will hold an earnings call at 8:00 a.m. Eastern Time on May 13, 2025, to discuss the Company’s financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To acce ...

A wind farm seen in Hulunbuir, Inner Mongolia autonomous region. WANG ZHENG/FOR CHINA DAILY China's combined installed capacity of wind and solar power surpassed that of coal power for the first time by the end of the first quarter, marking a significant milestone in the country's energy transition, the National Energy Administration said. As of end-March, the installed capacity of wind power and solar power nationwide increased by 17.2 percent and 43.4 percent year-on-year, respectively, with the combined ...

Core Insights - Dovre Group's operating results for Q1 2025 were lower than expected, primarily due to margin reductions in a solar park project in Finland [9][18] - The company completed the sale of its Project Personnel and Norwegian Consulting businesses, resulting in a profit from discontinued operations [3][21] - The outlook for 2025 indicates a slight decline in net sales but a significant improvement in operating profit [6] Financial Performance - Net sales for Q1 2025 were EUR 14.0 million, unchanged from the same period in 2024, with a 0.7% increase in Renewable Energy sales and an 11.9% decrease in Consulting sales [7][15] - EBITDA for the period was EUR -2.9 million, while the operating profit was EUR -3.2 million, showing improvements from the previous year [17][18] - The result before tax was EUR -3.5 million, with a total profit attributable to the parent company's shareholders of EUR 4.9 million, largely due to discontinued operations [20][22] Business Segments - The Renewable Energy segment accounted for 97% of net sales, with a slight increase in sales to EUR 13.6 million [15] - The Consulting segment's sales decreased to EUR 0.4 million, impacted by the termination of customer agreements and a slower market [14][15] - The operating profit for Renewable Energy was EUR -2.8 million, while Consulting reported a break-even result [18] Strategic Developments - The company is focusing on renewable energy projects, including a significant 100 MWp solar park project in Finland and a wind farm project in Sweden [10][33] - Dovre Group has initiated management changes in its subsidiary Suvic Oy following significant losses in Swedish projects [11][40] - The company has also made a capital contribution to its Swedish subsidiary to ensure operational stability [12] Personnel and Cash Position - The average number of employees increased to 242, with a total of 274 employees as of March 31, 2025 [24][25] - The Group's net debt was EUR -9.5 million, with cash and cash equivalents totaling EUR 15.5 million [26][27] - Net cash flow from operating activities was EUR -10.2 million, reflecting an increase in working capital [29] Project Business Impact - The sale of businesses has led to a significant reduction in operations, with a strong focus on project-based construction in renewable energy [30] - The project nature of the business increases cyclicality and requires various collateral arrangements, with guarantees totaling approximately EUR 28.8 million [31][32]

Hydro’s adjusted EBITDA for the first quarter of 2025 was NOK 9,516 million, up from NOK 5,411 million in the same quarter last year. The results increased from higher alumina and all-in aluminium prices, and positive currency effects. This was partly offset by higher raw material costs, lower Extrusions volumes and margins, lower alumina sales volumes, and higher fixed cost resulting in an adjusted RoaCE of 10.7 percent over the last twelve months and a free cash flow of NOK 1.3 billion. Strong upstream re ...

Core Insights - ROHM Semiconductor's latest 2kV SiC MOSFETs have been adopted by SMA Solar Technology AG for their new power conversion solution "Sunny Central FLEX" [1][2] - The collaboration between ROHM, Semikron Danfoss, and SMA aims to enhance grid connections for photovoltaic installations and battery storage systems [1][4] Company Overview - SMA Solar Technology AG is a leading global specialist in photovoltaic and storage system technology, providing a range of high-efficiency PV and battery inverters, energy management systems, and charging solutions for electric vehicles [5][6] - Semikron Danfoss is a global technology leader in power electronics, focusing on semiconductor devices and power modules for automotive, industrial, and renewable energy applications [7][8] - ROHM is a prominent semiconductor and electronic component manufacturer, supplying a variety of components across multiple sectors, including automotive and industrial equipment [9][10] Product Details - The new 2kV SiC MOSFETs are designed for high reliability and efficiency, suitable for 1500V DC links, and are already in mass production [2][3] - The SEMITRANS 20 module, developed by Semikron Danfoss, incorporates ROHM's SiC MOSFETs and is tailored for high power applications, including solar and energy storage inverters [3][4] Environmental Impact - SMA's inverters have contributed to preventing over 64 million tons of CO2 emissions globally, showcasing the environmental benefits of their technologies [6]

SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), today announced its financial results for the fiscal year ended December 31, 2024. Operational and Financial Highlights for Fiscal Year 2024 Total net revenues in the 2024 fiscal year increased by 20.9% to US$5.9 million, from US$4.9 million in the 2023 fiscal year. Gross profit in the 2024 fiscal year was US$1.2 million, compared to a gross loss of US$16.7 million in the 2023 fiscal ...

Core Insights - Clearway Energy Group has signed a long-term power purchase agreement with Microsoft for the 335 MW Mount Storm wind farm in West Virginia, aimed at supporting Microsoft's sustainability and decarbonization goals by generating carbon-free energy [1][2] Company Overview - Clearway Energy Group's vision is to create a world powered by clean energy, with a portfolio of approximately 11.8 GW of gross generating capacity across 26 states, including 9.1 GW from wind, solar, and battery energy storage assets [3][4] - The company is one of the largest owners of clean energy generation assets in the U.S., focusing on providing stable and growing dividend income through its diversified and primarily contracted clean energy portfolio [4] Project Impact - The Mount Storm project will utilize American-made equipment and is expected to deliver significant investment to the local community, including millions of dollars in tax revenue, hundreds of construction jobs, and funding for community benefit programs [3]