VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- Vancouver, BC – ANORTECH INC. (“AnorTech” or the “Company”) (TSX Venture Exchange “ANOR”; OTC “ANORF”) is pleased to announce the successful completion of the latest phase of its research and development (R&D) program focused on producing sustainable cement products using anorthosite from the Company’s Gronne Bjerg Project in Greenland. The program, conducted by the Danish Technological Institute (DTI) in Copenhagen, focused on three high-potent ...

Financial Data and Key Metrics Changes - GM reported a revenue increase of over 9% year-over-year to $187 billion and record adjusted EBIT of $14.9 billion for 2024 [25][26] - The company has successfully launched several vehicles across its profitable ICE portfolio and growing EV business, strengthening its product portfolio [25] Business Line Data and Key Metrics Changes - GM became the number two seller of EVs in North America in the second half of the year, indicating strong growth in the EV segment [26] - The redesigned ICE SUVs, including Chevrolet Equinox, Traverse, and Tahoe, have been well received, contributing to market share growth [29] Market Data and Key Metrics Changes - GM's shareholder returns outperformed key competitors and the S&P 500 index last year, reflecting strong market performance [26] - The company is focusing on agile execution and innovation to align with consumer demand for ICE vehicles and the evolving regulatory environment [28] Company Strategy and Development Direction - GM is committed to achieving carbon neutrality in global products and operations by 2040, with a focus on reducing supply chain emissions [14][15] - The company is enhancing its manufacturing capabilities and supply chains in response to shifts in global trade policy [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in GM's ability to adapt to the new trade policy environment and emphasized the importance of American manufacturing [27] - The company is optimistic about its future, citing strong management and a commitment to teamwork and customer loyalty [32] Other Important Information - The board of directors has been refreshed to ensure diverse viewpoints and skills, with a focus on long-term shareholder interests [24][25] - The shareholder proposal on supply chain GHG emissions reduction strategies was not approved, indicating a lack of consensus on this issue [20][32] Q&A Session Summary Question: Board's succession process and AI expertise - The board's governance committee discusses a five-year succession plan and considers recruiting new directors based on strategic needs, with existing members possessing a range of skills including AI expertise [34] Question: Plans for Apple CarPlay in next-gen EVs - GM is focused on providing a holistic infotainment system that integrates seamlessly with vehicle functionality, rather than relying on external phone-based solutions [35][36] Question: Commitment to community initiatives - GM has increased corporate giving, focusing on road safety and STEAM education, while aligning investments with economic development in Detroit [38] Question: Access to GM Heritage Museum - The project for the museum will not be complete until the end of 2026, after which GM will consider how to allow shareholder access [40][41] Question: Plans for a seven-passenger SUV plug-in hybrid - GM is developing plug-in hybrids in strategic segments but has no specific announcements at this time; the Cadillac Bistric is highlighted as an option for customers [42][43]

Core Insights - TotalEnergies SE (TTE) and RGE have formed a joint venture, Singa Renewables, which has received a conditional license from Singapore's Energy Market Authority to import 1 gigawatt (GW) of renewable power from Indonesia [1][9]. Group 1: Project Details - The partners signed a Memorandum of Understanding with Singapore Energy Interconnections to develop a subsea interconnector for electricity imports from Indonesia to Singapore [2]. - A Co-Investment Agreement was signed to develop a hybrid renewable power plant in Riau Province, Indonesia, which will include a solar farm, a Battery Energy Storage System, and a subsea cable [2]. - The project aims to provide Clean Firm Power to energy-intensive users in Singapore and industrial complexes near the solar location in Indonesia [3]. Group 2: Strategic Goals - The initiative supports Singapore's goal of achieving net-zero emissions by 2050 and contributes to the economic development of Riau Province, Indonesia [4]. - TotalEnergies is committed to ASEAN's energy transition and security of supply through this project [4]. Group 3: TotalEnergies' Renewable Energy Strategy - TotalEnergies aims to develop a cost-competitive portfolio to reach net zero by 2050, combining flexible assets with renewable energy sources [5]. - As of March 2025, TotalEnergies' gross renewable electricity generation capacity was 28 GW, with plans to increase to 35 GW by the end of 2025 and over 100 terawatt-hours of net electricity by 2030 [6]. Group 4: Industry Trends - The U.S. Energy Information Administration projects that renewable energy sources will account for 25% of U.S. electricity generation in 2025, with a 2% increase in power generation compared to 2024 [7]. - Other companies like BP, Shell, and Equinor are also prioritizing clean energy operations, with BP targeting 50 GW of renewable capacity by 2030 [8][10][11]. Group 5: Stock Performance - Over the past six months, TotalEnergies' shares have increased by 2.8%, contrasting with a 3.6% decline in the industry [12].

TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that the Science Based Targets initiative (SBTi) has approved its near- and long- term science-based greenhouse gas (GHG) emissions reduction targets. These targets are consistent with a 1.5°C decarbonization pathway and will apply to both Allied’s rental and development portfolios. In line with the science-based requirements of the SBTi’s Corporate Net-Zero Standard, Allied commit ...

Financial Data and Key Metrics Changes - For Q1 2025, the company recognized approximately $400,000 in revenues, a decrease from $1,100,000 in the same period in 2024, primarily due to a decrease in process burner shipments [5][6] - The net loss increased by approximately $1,000,000 compared to Q1 2024, attributed to decreased sales volume and $581,000 in legal fees [6][7] - Net cash used in operations was approximately $1,100,000 for Q1 2025, compared to $1,000,000 in Q1 2024, with cash and cash equivalents at approximately $12,800,000 at the end of Q1 2025 [8][9] Business Line Data and Key Metrics Changes - The revenue decrease was largely due to a shift from process burner shipments to spare parts orders [6] - The company has received a large order for 26 process burners for a Texas Gulf Coast chemical company, which is currently in testing [11][12] - A repeat order for flare products has been received, indicating a resurgence in this product line driven by regulatory needs [13][14] Market Data and Key Metrics Changes - The number of quotations provided this year has doubled compared to the same period last year, with the total value of proposals being just under five times that of the previous year [30][31] - The company is seeing increased interest in the midstream market, with repeat inquiries from established customers [35][36] Company Strategy and Development Direction - The company is focusing on diversifying product lines and sales channels, with ongoing efforts to engage with channel partners like Zico [28][36] - There is a strong emphasis on expanding the sales pipeline and leveraging relationships with major refineries to establish ClearSign as a credible alternative for emissions control solutions [40][78] - The company is also exploring opportunities in the hydrogen technology space while maintaining its focus on low NOx requirements [68][69] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong interest in their products and the potential for increased inquiries and orders [30][31] - The company is closely monitoring the impact of tariffs and regulatory changes, noting minimal current effects on their operations [66][68] - Upcoming milestones include the startup of significant process burner projects and the engagement with Zico's sales team [55][56] Other Important Information - Legal fees incurred during the quarter were related to an SEC inquiry and stockholder director nominations, which are nearing completion [7] - The ClearSign Eye sensor product line is expected to see commercial traction in the next three to six months as installations begin [94] Q&A Session Summary Question: How are Zico salespeople incentivized to sell ClearSign products? - Management indicated that the incentive system is still being worked out, and discussions about specific incentives for ClearSign products have not yet occurred [61][62] Question: Can additional sensors be deployed at the same supermajor refinery? - Yes, the supermajor has many heaters with potential opportunities for additional sensors, and they have multiple refineries globally [64][65] Question: How does the current tariff and regulatory environment affect the business? - Management noted minimal impact from tariffs, with ongoing monitoring of regulatory changes, particularly regarding hydrogen technology [66][68] Question: What is the competitive landscape for the increased proposal volume? - The proposal growth includes competitive situations, but ClearSign is increasingly seen as a credible alternative to traditional solutions like SCR [77][78] Question: How much of the proposal volume is related to Zico? - Currently, inquiries are primarily from the ClearSign team, with no contributions from Zico yet, indicating that Zico's impact is still to come [82]

Core Viewpoint - Questor Technology Inc. reported significant financial improvements in Q1 2025, driven by increased revenue from international equipment sales and a strategic focus on sustainable energy solutions [1][5][11]. Financial Results - Revenue for Q1 2025 reached CAD 2,359,287, a substantial increase of CAD 1.6 million compared to CAD 731,618 in Q1 2024 [3][5]. - Gross profit for the quarter was CAD 1,179,892, with a gross profit margin of 50%, up from 29% in the same period last year [3][6]. - Adjusted EBITDA improved to CAD 475,652 in Q1 2025, compared to a loss of CAD 477,583 in Q1 2024 [3][7]. - The company reported a profit of CAD 350,179 for the period, contrasting with a loss of CAD 636,759 in the previous year [3]. Operational Highlights - The construction of a 1500kW waste heat to power prototype is nearing completion, with commissioning expected in Q2 2025 [8]. - Questor secured CAD 1.7 million in committed equipment sales revenue anticipated for Q2 2025 [5]. - A CAD 0.9 million purchase order was announced for clean combustion solutions at Caltrax Inc.'s facility, alongside a CAD 2.4 million contract in Iraq [10]. Strategic Focus - The company emphasizes its commitment to reducing emissions and promoting sustainable energy development, aligning with global regulatory trends [11][12]. - Questor's technology solutions are designed to help clients meet environmental regulations and reduce harmful emissions, including methane and VOCs [13][14]. - The company has established partnerships in various regions, including Iraq and Nigeria, to enhance its market presence and support its technology adoption [16][18]. Market Position - Questor is positioned to benefit from increasing global incentives for methane and VOC reduction, making it an attractive partner for companies aiming to meet environmental commitments [18]. - The company’s multi-year strategy focuses on diversifying revenue streams in jurisdictions that prioritize environmental and social impacts [15].

Investment Rating - The report does not explicitly provide an investment rating for the Finnish economy but emphasizes the need for fiscal consolidation and structural reforms to support economic recovery and growth potential [25][30]. Core Insights - The Finnish economy is slowly recovering from a recession, with a projected real GDP growth of 0.7% in 2025 and 1.1% in 2026, driven by declining interest rates and improved purchasing power [30][32]. - Finland has a strong comparative advantage in renewable electricity and engineering, which positions it well for the green industrial transition, but faces challenges in productivity growth and labor market mismatches [25][28]. - The report highlights the importance of attracting foreign talent to address skill shortages and enhance economic growth, alongside the need for reforms in higher education to increase attainment rates [51][43]. Summary by Sections Economic Recovery and Public Finances - The Finnish economy is gradually recovering, but growth lags behind Nordic peers and the OECD average, with a contraction of 0.1% in 2024 [31][30]. - Fiscal pressures are increasing due to rising defense, health, and pension expenditures, with a fiscal deficit of 4.4% of GDP in 2024 [37][30]. - Structural reforms are necessary to improve public spending efficiency and address labor market mismatches to sustain recovery [39][30]. Higher Education Attainment - Finland's higher education attainment rate has stagnated, ranking 30th among OECD countries, contributing to labor shortages in highly skilled positions [44][43]. - The higher education system is primarily publicly funded, and reforms are needed to increase the number of first-entrant places and expand the range of post-graduate qualifications [49][43]. - Encouraging business funding for higher education research is essential to free up resources for new entrants [25][43]. Attracting Foreign Talent - Attracting high-skilled foreign workers is crucial for addressing current and future skill shortages, particularly in sectors like ICT and green energy [51][52]. - Language proficiency remains a barrier for foreign workers, necessitating expanded language training programs and flexible workplace language policies [53][52]. - Initiatives to provide more internship opportunities for foreign students are needed to improve retention rates post-graduation [54][52]. Transition to Net Zero - Finland is not on track to meet its 2035 net zero greenhouse gas emissions target, with a need for increased forest growth and reduced soil emissions [57][56]. - Investment in low-emissions technologies is essential, but current policies and emissions accounting methods hinder progress [67][56]. - The report emphasizes the importance of public-private partnerships to crowd in private investment for the green transition [67][56].

DETROIT, May 20, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies: With investment grade ratings from these two credit agencies, DTM expects an improvement in liquidity and reduced interest expense. "Achievement of an investment grade credit rating was a strategic goal we had since we became a standalone public company," said David Slater, President and CEO. "The ratings upgrades are a recognition of the strength of our balan ...

MONTREAL, May 16, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company developing next-generation processes for advanced material manufacturing, announces that on May 15, 2025, the TSX Venture Exchange issued Bulletin V2025-1424, confirming that trading in the Company’s securities will be reinstated at market open on Tuesday, May 20, 2025. Timeline of the events. On April 30th, 2025, HPQ issued a press release stating that its new audi ...

Industry Overview - Nuclear energy is increasingly recognized as a vital solution for meeting the world's growing electricity demands and supporting the transition to cleaner power sources, providing a constant and reliable supply of clean energy [1][2] - The demand for clean electricity is driven by industrial expansion, urbanization, rising global temperatures, the development of AI-powered data centers, and the adoption of electric vehicles [4] Investment Potential - Nuclear energy-related stocks, such as Duke Energy Corporation, Dominion Energy, and Constellation Energy Corporation, are becoming attractive investment options due to their ability to deliver steady output compared to other clean energy sources [2][6] - The International Energy Agency (IEA) projects that annual investment in nuclear energy will exceed $150 billion by 2030, up from $65 billion, with installed nuclear capacity potentially exceeding 1,000 gigawatts by 2050 [3] Company Insights Duke Energy - Duke Energy operates 11 nuclear units capable of producing nearly 10,700 megawatts of clean electricity, with nuclear power accounting for 27.5% of its total electricity output in 2024 [8] - The company plans to expand its nuclear capacity by nearly 250 megawatts by 2031 and has secured agreements to monetize over $500 million in nuclear production tax credits [9] - Duke Energy received approval to operate its Oconee Nuclear Station for another 20 years and is pursuing license renewals for all its reactors [10][11] Dominion Energy - Dominion Energy owns four nuclear power stations, generating nearly 40% of its total production, and is evaluating next-generation nuclear technologies, including small modular reactors (SMRs) [12][13] - The company aims to achieve net-zero carbon emissions by 2050, with nuclear power serving as a consistent, carbon-free solution [14] Constellation Energy - Constellation Energy is the largest nuclear power plant operator in the U.S., accounting for around 10% of the nation's total clean energy production [15] - The company has secured multiple uranium supply contracts extending through the 2030s to ensure long-term nuclear fuel security and is modernizing its nuclear plants to improve performance [16] - Constellation Energy is investing to expand its nuclear capacity and is evaluating the addition of up to one gigawatt of new carbon-free energy capacity over the next 10 years [17]