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Why National Grid Stock Deserves a Spot in Your Portfolio Right Now
ZACKS· 2025-07-07 13:31
Key Takeaways NGG plans to invest $69B over five years to meet rising demand across the UK and U.S. service areas. Fiscal 2026 EPS estimate for NGG rose 2.6% in 30 days; The long-term growth rate stands at 8.4%. National Grid aims to reach net-zero emissions by 2050 through large-scale wind and solar projects.National Grid (NGG) stands to benefit from its strategic investment in infrastructure upgrades and expansion. Rising demand from new customer connections, along with its low-risk, high-quality assets ...
Worksport Delivers Record Production With 100%+ Margin Growth as Revenue Tracks Toward $20M Milestone Ahead of Clean-Tech Product Launch
Globenewswire· 2025-07-07 13:01
West Seneca, New York, July 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, announced today a transformational leap in performance—achieving a 50% increase in monthly production volume since March 2025, while delivering more than a 100% improvement in gross margins over the past five months. These milestones are underscor ...
FuelCell Energy CEO Jason Few Applauds “One Big Beautiful Bill Act” as Catalyst for U.S. Clean Energy Leadership
GlobeNewswire News Room· 2025-07-07 11:30
DANBURY, Conn., July 07, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) President and CEO Jason Few has issued a statement praising the “One Big Beautiful Bill Act” (OBBBA) for its direct support of the fuel cell industry and its role in strengthening America’s energy infrastructure, data center resilience, and clean manufacturing base. “The ‘One Big Beautiful Bill Act’ is a landmark for American energy leadership—and it’s time to set the record straight: clean energy was not sidelined,” said ...
Oceanic Wind Energy Inc. and Coast Tsimshian Enterprises Ltd. Secure IUP for Offshore Wind Development in Hecate Strait
Globenewswire· 2025-07-07 10:00
VANCOUVER, British Columbia, July 07, 2025 (GLOBE NEWSWIRE) -- Oceanic Wind Energy Inc. (“Oceanic”) is proud to announce a major milestone in the advancement of the offshore wind project in Hecate Strait, located just west of Stephens Island. In partnership with Coast Tsimshian Enterprises Ltd. (“CTE”), Oceanic has been jointly granted an Investigative Use Permit (IUP) for the first phase of development, targeting a capacity of 600 to 700 megawatts (MW). CTE is a 50/50 partnership of the Metlakatla and Lax ...
X @Elon Musk
Elon Musk· 2025-07-06 08:46
RT Mario Nawfal (@MarioNawfal)🇨🇳 CHINA JUST BUILT A TURBINE THAT EATS THE SKY FOR BREAKFASTThis beast stands taller than a 63‑story skyscraper and laughs in the face of typhoons.A single turbine churns out enough power for 55,000 homes a year—saving 30,000 tons of coal and blocking 80,000 tons of CO₂ from hitting the air.It’s 31% bigger than the previous “world’s largest” turbine, and China is stacking wind and solar so fast it hit its 2030 clean energy goal six years early.In 2023 alone, China installed 65 ...
X @Bloomberg
Bloomberg· 2025-07-05 10:06
Green factory projects took off across the US with federal incentives and optimism about the shift to clean energy. Then came Trump's megabill https://t.co/1MXgXpaH1W ...
Enphase Energy Introduces IQ EV Charger 2 in Australia and New Zealand
ZACKS· 2025-07-04 14:26
Key Takeaways ENPH starts shipping its IQ EV Charger 2 in Australia and New Zealand with 24/7 customer support. The charger integrates with Enphase solar and battery systems or works independently, optimizing energy use. ENPH continues to introduce smart EV chargers globally, and earlier it was pushed in European nations.Enphase Energy, Inc. (ENPH) recently stated that it has started shipments of its newest electric vehicle (EV) charger, the IQ EV Charger 2, to the markets of Australia and New Zealand.  A ...
MYR(MYRG) - 2023 Q4 - Earnings Call Presentation
2025-07-04 11:24
Financial Performance - MYR Group achieved record revenue of $3.64 billion in 2023, a 21% increase from $3.01 billion in 2022[14, 15] - The company's net income for the full year 2023 was $91 million, or $5.40 per diluted share, also a record high[19, 65] - MYR Group's EBITDA for 2023 reached $188.2 million, another record high[19, 65] - The company's backlog stood at $2.51 billion[62] Segment Performance - Transmission & Distribution (T&D) revenue reached a record $2.09 billion in 2023[21, 23] - Commercial & Industrial (C&I) revenue also hit a record of $1.55 billion in 2023[31, 34] - T&D segment backlog was $960 million as of December 31, 2023[23] - C&I segment backlog was $1.55 billion as of December 31, 2023[34] Market Outlook - Investor-owned electric companies plan to invest approximately $121 billion in transmission construction between 2023 and 2026[26] - The Infrastructure Investment and Jobs Act (IIJA) includes $73 billion for the electric grid and energy infrastructure[29] - Combined federal spending planned for energy between the IIJA and Inflation Reduction Act (IRA) is over $300 billion over the next 5-10 years[29]
MYR(MYRG) - 2024 Q4 - Earnings Call Presentation
2025-07-04 11:23
Financial Performance - MYR Group's total revenue for 2024 was $336 billion[72] - The Transmission & Distribution (T&D) segment contributed $188 billion to the total revenue in 2024[72] - The Commercial & Industrial (C&I) segment generated $148 billion in revenue for 2024[72] - The company's backlog stood at $258 billion[70] - Net income for the full year 2024 was $303 million, resulting in earnings per diluted share of $183[73] - EBITDA for 2024 reached $1178 million[73] Growth and Market Outlook - The T&D segment experienced a revenue Compound Annual Growth Rate (CAGR) of 106%[24] - The C&I segment saw a revenue CAGR of 96%[35] - Investor-owned utilities (IOUs) plan to invest approximately $158 billion on transmission construction between 2024 and 2027[30] - The Dodge Momentum Index grew 56% in January, reaching 2257 (2000=100), driven by diversified growth in nonresidential planning[43]
X @Forbes
Forbes· 2025-07-04 05:40
The Countries With The Cleanest Swimming Water In Europe—2025 Report https://t.co/pZUKTvogoV https://t.co/pZUKTvogoV ...