Industry Overview - The Zacks Coal industry is facing challenges due to a decline in coal usage in thermal power plants in the U.S., with demand expected to decrease further by 2025 due to the retirement of coal units and a shift towards renewable energy sources [1][2] - Current U.S. recoverable coal reserves are estimated at 252 billion short tons, with 58% being underground mineable coal, but the industry's prospects are hindered by increasing renewable energy adoption and natural gas competitiveness [2][4] Production and Export Trends - U.S. coal production is projected to be 490 million short tons in 2025, an increase from previous estimates, but is expected to decline by 4.5% year-over-year in 2025 and 4.7% in 2026 [5] - Coal exports are anticipated to drop to 93 million short tons in 2025, a 4.1% decrease from earlier projections, with thermal coal exports expected to fall from 49 million short tons in 2025 to 47 million short tons in 2026 due to tariffs imposed by China [3][10] Emission Policies and Market Position - The U.S. aims for 100% carbon pollution-free electricity by 2030 and net-zero emissions by 2050, which is contributing to reduced coal usage in electricity generation [4] - The Zacks Coal industry currently ranks 239 out of 246 Zacks industries, placing it in the bottom 3%, reflecting a negative earnings outlook and a 47.2% decline in earnings estimates for 2025 since December 2024 [6][8] Stock Performance and Valuation - Over the past year, the coal industry has lost 9%, outperforming the Zacks Oil and Gas sector's decline of 14.5%, but lagging behind the Zacks S&P 500 composite, which gained 6.9% [10] - The industry is trading at a trailing 12-month EV/EBITDA ratio of 4.7X, significantly lower than the Zacks S&P 500 composite's 15.86X, indicating a challenging valuation environment [13] Notable Companies - SunCoke Energy focuses on metallurgical coal production, essential for steel manufacturing, and has an annual coke-making capacity of 5.9 million tons, with a current dividend yield of 5.14% [17][18] - Ramaco Resources is positioned to benefit from improving metallurgical coal demand, with 3.5 million tons contracted for 2025 at a fixed price of $145 per ton, and plans to invest $60 to $70 million in capital expenditures for growth initiatives [22][23]

Group 1 - Scatec ASA held its Annual General Meeting on April 24, 2025, with 110,653,066 shares represented, accounting for 69.63% of the share capital [1] - All proposals were approved as presented, except for items 14 and 16, as detailed in the minutes [1][3] Group 2 - Scatec is a leading renewable energy solutions provider, focusing on developing, building, owning, and operating renewable energy plants with a total capacity of 4.8 GW in operation and under construction across five continents [2] - The company is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange under the ticker symbol 'SCATC' [2]

NextEra Energy, Inc. (NEE) reported first-quarter 2025 adjusted earnings of 99 cents per share, which beat the Zacks Consensus Estimate of 97 cents by 2.1%. The bottom line was also up nearly 8.8% year over year. (See the Zacks Earnings Calendar to stay ahead of market-making news)The year-over-year improvement in earnings per share was due to solid financial and operational performance at both of its businesses.GAAP earnings per share for the first quarter were 40 cents compared with $1.1 in the year-ago p ...

Core Viewpoint - Richardson Electronics, Ltd. has expanded its customer base through a supply agreement with TransAlta Corporation for its patented pitch energy modules designed for GE wind turbines and SSB platforms, enhancing the efficiency and reliability of wind energy operations [1][2]. Group 1: Agreement and Product Details - The supply agreement will see Richardson Electronics provide its ULTRA3000® and ULTRAPEM™ modules to various wind farms in Canada and the United States, with shipments expected throughout 2025 [2]. - The pitch energy modules are ultracapacitor-based and are intended to replace lead acid batteries in wind turbine platforms that utilize electric pitch systems, thereby improving energy management for blade angle adjustments [3]. Group 2: Customer Feedback and Impact - TransAlta Corporation highlighted the significant operational improvements achieved through the use of Richardson's ultracapacitor technology, noting that pitch faults due to weak batteries were a leading cause of downtime and lost production [4]. - The successful trial of the Ultra-caps over a year led to positive feedback, with expectations that the technology will reduce maintenance needs and increase revenue by minimizing production losses [4]. Group 3: Company Overview - Richardson Electronics is a global manufacturer specializing in engineered solutions, green energy products, and power management applications, with over 50% of its products manufactured in the U.S. and Germany [6][9]. - The company serves a diverse range of markets, including alternative energy, healthcare, and military, and focuses on providing specialized technical expertise and engineered solutions [7][9].

Core Viewpoint - Richardson Electronics, Ltd. has expanded its customer base through a supply agreement with TransAlta Corporation to provide patented pitch energy modules for wind turbines, enhancing operational efficiency and reducing downtime [1][2][4]. Group 1: Agreement and Product Details - The agreement entails Richardson Electronics supplying its ULTRA3000 and ULTRAPEM™ modules to various wind farms in Canada and the United States, with shipments expected throughout 2025 [2]. - The pitch energy modules are ultracapacitor-based and are designed to replace lead acid batteries in wind turbine platforms, managing energy for blade angle adjustments [3]. Group 2: Customer Feedback and Impact - TransAlta Corporation highlighted that pitch faults due to weak batteries are a leading cause of downtime, and the switch to Richardson's ultracapacitors has been an excellent upgrade, reducing the need for hub entries and increasing revenue potential [4]. - The positive feedback from TransAlta reflects the effectiveness of Richardson's innovative solutions in enhancing operational efficiency and reducing maintenance challenges [4]. Group 3: Company Overview - Richardson Electronics is a global manufacturer of engineered solutions, with over 50% of its products manufactured in the U.S. and Germany, serving various markets including alternative energy and healthcare [6][9]. - The company focuses on providing specialized technical expertise and engineered solutions, emphasizing design-in support, systems integration, and aftermarket services [7][10].

TEL AVIV, Israel, April 22, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy ("Enlight", ", the Company", NASDAQ:ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced that it has signed an agreement with Vishay Israel Ltd. for the supply of electricity valued at approximately $105m for a period of 12 years, and includes an option to significantly increase consumption volumes over the life of the contract. Vishay joins other leading entities in Israel that have signed clean electricity supply ...

As the US grapples with a surge in electricity demand fueled by AI, electric vehicles, and a reindustrialization push, President Donald Trump has unveiled a sweeping plan to revive the nation’s coal industry. But will this political revival clash with economic reality? In this guest article, Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), explores why coal’s comeback may be short-lived—and why smart money is flowing toward renewables instead. Between raising and lowering tariffs on imported goods, ...

TEL AVIV, Israel, April 17, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy ("Enlight", ", the Company", NASDAQ:ENLT, TASE: ENLT.TA), a leading renewable energy platform, today announced it will release its financial results for the first quarter ended March 31, 2025, before market open on Tuesday, May 6, 2025. Conference Call Information Enlight will host a conference call to review its financial results and business outlook at 8:00 AM ET on Tuesday, May 6, 2025. Management will deliver prepared remarks ...

MONTREAL, April 17, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that it will hold its Annual Meeting of Shareholders at 11:00 a.m. EDT on Wednesday, May 14, 2025, in a hybrid format, i.e. in person with a live audio webcast. Simultaneous interpretation will also be available for English-speaking participants to the online meeting. The online and in-person access to the event will start at 10:30 a.m. EDT. Registered shareholders and duly appointed proxyholders will ...

Core Insights - TOYO Co., Ltd hosted Ethiopian Prime Minister Abiy Ahmed at its solar cell production facility, highlighting the company's commitment to renewable energy and technological innovation [1][2] - The Ethiopian facility is expanding from 2 GW to 4 GW capacity, with completion expected by July 2025 and production starting in August 2025, aligning with global demand for solar cells [3] - Prime Minister Abiy Ahmed invited TOYO's parent company, Abalance Group, to participate in developing photovoltaic power plants in Ethiopia, aiming to enhance strategic cooperation and support national green energy goals [4] Company Overview - TOYO is focused on becoming a full-service solar solutions provider, integrating various stages of the solar power supply chain, including upstream production of wafers and silicon, midstream production of solar cells, and downstream production of photovoltaic modules [6] - The company emphasizes its dedication to advancing clean energy solutions globally through innovative technologies and a robust supply chain [5]