Core Insights - The Invesco MSCI Sustainable Future ETF (ERTH US) is designed to provide global exposure to companies addressing six environmental impact themes, including alternative energy and sustainable agriculture [1] Group 1: Portfolio Construction Methodology - The underlying index, MSCI Global Environment Select Index, requires eligible companies to derive at least 75% of their revenue from specified environmental activities [1] - The index employs a free-float market-cap weighting with a 5% cap on single issuers to limit concentration and ensure broad theme representation [1] - Quarterly rebalancing is conducted to refresh eligibility based on revenue exposure and to reset issuer caps, adhering to MSCI's standard practices for corporate actions [1] - The design emphasizes high thematic purity and investability by enforcing substantial revenue alignment and explicit weight limits at the name level [1]

Core Viewpoint - Canaan Inc. has demonstrated significant growth in its bitcoin mining operations, with a notable increase in deployed hashrate and cryptocurrency treasury, despite a challenging macroeconomic environment [2][5]. Group 1: Mining Operations - The operating hashrate increased by 61% year-over-year, while the installed hashrate grew by 82%, significantly outpacing the global Bitcoin network's approximately 34% hashrate growth [2]. - Canaan mined 86 BTC in December 2025, ending the year with a total of 1,750 BTC and 3,951 ETH, marking a 35% increase in BTC holdings from 1,293 BTC as of December 31, 2024 [3][4]. - The global average miner efficiency improved to 24.3 J/TH, with installed power capacity reaching 250.4 MW by the end of December 2025 [2][8]. Group 2: Treasury Management - Throughout 2025, Canaan's treasury strategy focused on operational reinvestment and reserve scaling, adding 1,091 BTC through mining operations and 128 BTC through market purchases [3]. - The company deployed 776 BTC for power-related expenditures and received 13 BTC from sales-related income, contributing to a disciplined treasury approach [5]. - The year-end cryptocurrency positions represent a historical high for Canaan, providing financial flexibility for future initiatives [5]. Group 3: Energy Efficiency Initiatives - Canaan is advancing energy-efficiency initiatives, including a 3.0 MW proof-of-concept project in Manitoba, Canada, aimed at recovering heat from computing systems for greenhouse operations [13]. - The company is focused on optimizing fleet operations and miner efficiency to adapt to fluctuations in mining economics [2]. Group 4: Corporate Updates - On December 17, 2025, Canaan announced the renewal of a US$30 million share buyback program, reflecting management's confidence in the company's financial position and long-term growth [12].

Core Insights - Thermal Energy International Inc. has appointed Vincent Sands as Executive Vice President, effective immediately, recognizing his contributions since joining the company in 2018 [1][2] Company Developments - The company plans to leverage BEI's established network of independent manufacturers' representatives across North America to expand its market reach, particularly for standardized equipment like GEM™ Trap products [2] - Thermal Energy aims to introduce BEI's HeatSponge condensing heat recovery economizer technologies into the European market, capitalizing on higher energy costs and carbon-reduction priorities [2] - Vincent Sands brings over three decades of experience in sales and engineering, making him well-suited for leadership in these initiatives [2] Company Background - Thermal Energy provides energy efficiency and emissions reduction solutions to Fortune 500 and large multinational companies, with the capability to recover up to 80% of energy lost in typical boiler plant and steam system operations [4] - The company operates as a fully accredited professional engineering firm with offices in Ottawa, Pittsburgh, and Bristol, and sales offices across Canada, the UK, the USA, Germany, Poland, and Italy [5]

Core Insights - Canaan Inc. has launched a 3.0 MW proof-of-concept project in Manitoba, Canada, to utilize heat from its Avalon computing system for greenhouse operations, aiming to enhance energy efficiency in high-density computing [1][4] Group 1: Project Overview - The project involves deploying 360 units of Avalon A1566HA-460T liquid-cooled computing servers and four liquid-cooling container modules for an initial 24-month term [2] - Heat captured from the computing system will preheat intake water for electric boilers, targeting a 95% uptime for the equipment [2] - Canaan estimates that approximately 90% of the electricity consumed by the servers will be captured for heating purposes [2] Group 2: Economic Efficiency - The computing system is expected to lower capital expenditure by eliminating the need for industrial cooling towers in liquid-cooled data centers [3] - Canaan benefits from a low all-in power cost of US$0.035 per kWh, which includes operational and maintenance costs [3] - If Bitforest engages in grid demand-response or sells power back to the grid, Canaan will share in the economic benefits, enhancing the project's viability [3] Group 3: Environmental Impact - The project aims to provide up to one million tonnes of hot water annually by recycling heat from computing servers, thus improving overall power efficiency and reducing environmental impact [4] - The initiative aligns with carbon pricing efforts in Canada to promote lower-carbon heating options in greenhouses [4] Group 4: Future Initiatives - Canaan plans to expand its energy efficiency initiatives, including industrial heat-reuse deployments and advancements in power-efficient Avalon systems [5]

Core Insights - Artisan Mid Cap Value Fund's Investor Class returned 0.97%, Advisor Class returned 0.98%, and Institutional Class returned 0.97% in Q3 2025, underperforming the Russell Midcap Value Index which returned 6.18% [1] - The equity markets rallied in Q3 2025, driven by strong corporate earnings, rising AI capital expenditures, and expectations of economic support from US fiscal policy and lower interest rates [1] Company Highlights - NVent Electric plc (NYSE:NVT) was highlighted as a top contributor in the fund's performance, with a one-month return of -0.27% and a 52-week gain of 49.75% [2] - NVent Electric's stock closed at $106.82 on January 02, 2026, with a market capitalization of $17.24 billion [2] - The company reported strong organic sales growth, particularly in its data center and power utilities businesses, which contributed to its stock performance [3] - NVent Electric has a leading position in liquid cooling solutions, which are increasingly important for energy efficiency and sustainability in AI infrastructure [3] - The company has benefited from multiple secular tailwinds including electrification, clean energy, energy efficiency, digitalization, and onshoring, alongside AI growth [3] - NVent Electric has effectively allocated capital towards product development, M&A, and returning capital to shareholders through dividends and share repurchases [3]

Core Insights - Public Service Electric & Gas (PSE&G) has been recognized as the highest-ranked utility in customer satisfaction among large electric utilities in the East Region for the fourth consecutive year according to the J.D. Power 2025 Electric Utility Residential Customer Satisfaction Study [1][2] Customer Satisfaction and Recognition - PSE&G achieved the 1 ranking for excellence across key customer experience categories, including safety and reliability, problem resolution, ease, digital channels, people, and trust, based on a survey of 127,103 residential customers [2] - The utility ranked in the top three spots in all areas of customer segments for electric and gas, specifically ranking second in the electric business residential survey and second for the gas residential study, while also placing third for the gas business [3] Commitment to Customer Service - PSE&G's recognition reflects its long-standing focus on delivering reliable and affordable power while adapting to evolving customer energy needs and expectations [4] - The company continues to invest in customer technology, infrastructure upgrades, and innovative programs aimed at strengthening system reliability and reducing outages [4] Community Engagement and Support - Throughout 2025, PSE&G participated in over 450 community events to help customers access payment assistance programs, including the Low Income Home Energy Assistance Program (LIHEAP) [5] - The utility's suite of energy efficiency programs has engaged nearly 465,000 residential and business customers, collectively saving over $720 million annually on utility bills through various initiatives [6] Future Focus - PSE&G remains dedicated to advancing customer-focused improvements and investing in energy infrastructure to support New Jersey's homes, businesses, and communities for future generations [7] Company Background - PSE&G is New Jersey's oldest and largest gas and electric delivery public utility and has won the ReliabilityOne® Award for superior electric system reliability for 24 consecutive years [8] - The company has also been recognized as an ENERGY STAR Partner of the Year for three consecutive years in the Energy Efficiency Program Delivery category [8]

You know, when most people think about climate change, they often picture this or this and even this. And these images matter, but they also make climate change feel far away, abstract, and untouchable. For me, climate change looks very different.It looks like Dundee, a small town in northern Kazul Nutell where I grew up. By the time I was a child, Dundy's coal mining days were pretty much over. The town was slowing down, shrinking.Jobs were scarce. Young people were leaving. I didn't grow up in a booming m ...

And every time the memory bandwidth gets big and the data demands get bigger. And so the bottlenecks [music] are when the GPUs are trying to run something but they're waiting for data in one way or the other. They're reading or writing.And if they're doing that, then they're wasting resources. They're wasting productivity at massive [music] scale. You know, when we talk about data center efficiency, um the new kind of phrase on everyone's lips [music] when they're building data centers is tokens for what.An ...

MicroBT launched its new WhatsMiner M70 series in Abu Dhabi, offering efficiency as low as 12.5 J/TH even as hashprice sits near historic lows around $35/PH/s/day. The lineup ranges from ~214 TH/s air-cooled units to over 1 PH/s rack models, with MicroBT emphasizing energy-efficiency gains and announcing HashSmith as a new joint-mining partner. https://t.co/wZsDzhk5el ...

Core Points - Orion Energy Systems, Inc. will participate in Singular Research's 19th Annual Best of the Uncovereds Conference on December 11, 2025 [1] - CEO Sally Washlow will present virtually and be available for one-on-one investor meetings during the event [2] Company Overview - Orion specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services [3] - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners [3] - Orion is committed to helping customers achieve business and environmental goals while reducing carbon footprints and enhancing business performance [3][4]