Thank you. Um I'm Jen from SK Terracon from South Korea and uh today I'd like to give a talk about the storage virtualization and optimization for GPU as a service that what we are trying to do recently. And uh first of all I think you are not quite familiar what is SQL.So I would like to give a brief like introduction to the SK talon. JSK is a novel metal player in South Korea and we made the most of the market penetrations in South Korea and recently we are trying to transform from the NNO to the AI compa ...

Canadian Solar (CSIQ) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Company Participants Wina Huang - Head of Investor RelationsShawn Qu - Chairman, President & CEOYan Zhuang - Director and President of CSI SolarIsmael Arias - Corporate VP & CEO of Recurrent EnergyXinbo Zhu - Senior VP & CFOColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization ResearchTyler Bisset - Equity Research Associate Conference Call Participants Philip Shen - Managing Director, Senior Research Analyst ...

Canadian Solar (CSIQ) Q1 2025 Earnings Call May 15, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's First Quarter twenty twenty five Earnings Call. My name is Sherry, and I will be your operator for today. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session. As a reminder, this conference is being recorded for replay purposes. I would now like to turn the call over to Weina Hong, Head of Investo ...

This presentation has been prepared by the Company solely to facilitate the understanding of the Company's business model and growth strategy. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Company or any of its affiliates, advisers or repres ...

文 | 朔州市人民政府 5月11日，山西省朔州市人民政府发 布《朔州市人民政府办公室关于印 发2025年市级重点工程项 目名单的通知》，通知中共计53个项目，包括三个储能项目，分别为怀仁市100MW光伏储能一 体化项目、新华电力朔州300MW/600MWh共享储能电站、山阴朔奇烨400MW/800MWh独立储 能电站项目，储能规模超700MW/1400MWh。 朔州市人民政府办公室 关于印发2025年市级重点工程项目名单的通知 朔政办发〔2025〕11号 各县（市、区）人民政府，朔州经济开发区管委会，市直各有关部门： 《2025年市级重点工程项目名单》已经市委、市政府研究确定，现印发给你们，请按照有关要 求，强化服务保障，协调落实建设条件，确保项目顺利实施。省市重点工程项目实行动态管理， 可根据工作需要和项目实施情况，按程序进行调整补充。 附件：2025年市级重点工程项目名单 朔州市人民政府办公室 2025年5月11日 （此件公开发布） 储能超12GWh！甘肃2025省列重大建设项目名单发布 储能超50个！河南2025年1037个省重点建设项目名单发布 联盟官微 关注政策、项目、企业、市场活动 联盟官方小秘书 ...

Backblaze (BLZE) FY Conference May 13, 2025 03:45 PM ET Speaker0 Good? Perfect. Alright. Thank you for joining us for the at the end of the day here for the Needham May Tech Conference. This last one's gonna be a fireside with Clev Budman, CEO, founder over at Backblaze. Thanks for joining us. Looking forward to this. I have questions on my side, but would be great if you guys wanted to lob them in two. Maybe we can get a little bit lively at the end of Speaker1 the day, but we'll see. Speaker0 So with that ...

Core Insights - Irby Construction Company, SMT Energy, and CenterPoint Energy have initiated the SMT Houston IV project, a 160 megawatt / 320 megawatt-hour Battery Energy Storage System (BESS) in the Houston Zone of the ERCOT market [1][2][3] Project Overview - SMT Houston IV aims to enhance grid reliability and resiliency in Texas by providing fast-response power during peak demand periods, supporting grid stability and renewable integration [2][7] - The project is expected to be completed by early July 2025, with construction commencing this month [4] Company Roles - Irby Construction serves as the Engineering, Procurement, and Construction (EPC) contractor, leveraging its expertise in electrical infrastructure [3] - SMT Energy is the project owner and developer, while CenterPoint Energy acts as the interconnecting utility, integrating the BESS into the broader electrical network of Houston [3] Collaboration and Planning - The project reflects years of planning and collaboration among the involved parties, focusing on safety, quality, and schedule during the construction phase [6] - CenterPoint Energy has recently completed nearly 90% of its overall grid resiliency improvements, further contributing to a more reliable grid [6] Industry Impact - SMT Houston IV will significantly contribute to ERCOT's ancillary services markets, providing high-speed grid balancing and mitigating load volatility and renewable intermittency [7] - Irby Construction has a strong track record in BESS projects, having built over 30 sites since 2019, including the world's largest BESS project at the time [8]

Financial Data and Key Metrics Changes - The company reported a revenue increase of 10% year over year, reaching $8.5 million, driven by projects in Australia and a new licensing agreement in India [26][9] - Gross margin improved significantly to 57.1%, up from 26.7% a year ago, attributed to a favorable revenue mix from the India license agreement [26][9] - Adjusted EBITDA loss narrowed to $11.3 million from $14.5 million year over year, reflecting improved gross margins and reduced operating costs [27][13] Business Line Data and Key Metrics Changes - The backlog increased by 49% year to date, totaling $648 million, with significant contributions from projects in the US and Australia [23][24] - The company has 2.6 gigawatt hours of projects in Australia either contracted or under agreement, with additional projects under construction [23][29] - The energy asset management business is progressing with seven projects, expected to deliver approximately $30 million in annual recurring project EBITDA over their lifespan [29][15] Market Data and Key Metrics Changes - The company is largely shielded from US tariff risks due to a strong presence in Australia and licensing agreements, with 90% of the backlog unaffected by tariffs [24][18] - The recent pause in US-China tariffs has reignited discussions for US battery deliveries, potentially leading to increased demand [18][39] Company Strategy and Development Direction - The company is focusing on expanding its build, own, and operate strategy, with a strong pipeline of storage asset ownership projects in the US and Australia [29][21] - The company aims to achieve approximately $100 million in recurring annual EBITDA from its owned and operated projects over the long term [29][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for increased bookings and project deliveries following the tariff pause, indicating a return to a more normalized contracting environment [18][44] - The company is committed to reducing operating expenses by 15% to 25% while continuing to invest in profitable engagements, particularly in the Australian market [27][14] Other Important Information - Cash increased by 57% quarter over quarter, reaching $47.2 million, with expectations to further increase to $60 million to $75 million by Q3 [10][28] - The company is in the process of project financing and ITC monetization for its Cross Trails project, expecting significant proceeds from these activities [28][10] Q&A Session Summary Question: Impact of tariffs on securing new bookings in the US - Management noted that the tariff situation had caused a "wait and see" approach among developers, but the recent pause in tariffs could lead to renewed contracting opportunities [39][42] Question: Guidance for 2025 and booked revenue - Over 80% of the company's revenue for 2025 is contracted, with expectations for additional bookings to be secured in light of the tariff pause [46][47] Question: Differentiators for India battery technology licensing - The company highlighted growth potential in India, flexibility in its technology, and a strong track record with customers as key differentiators [53][56] Question: Differences in project financing discussions - Management explained that having proven technology and long-term off-take agreements significantly de-risks project financing, making discussions with lenders more favorable [62][63]

F I R S T Q U A R T E R 2 0 2 5 FINANCIAL RESULTS © 2024 ENERGY VAULT, ALL RIGHTS RESERVED | Confidential FOUO (For Official Use Only) - PROPRIETARY INFORMATION OF ENERGY VAULT, INC 1 Disclaimer Forward-Looking Statements This presentation includes forward-looking statements that reflect the Company's current views with respect to, among other things, the Company's operations and financial performance. Forward-looking statements include information concerning possible or assumed future results of operations ...

Consolidation in the Oil Industry - A consolidation wave has occurred in the oil sector, with ExxonMobil initiating a $64.5 billion acquisition of Pioneer Natural Resources and Chevron planning to buy Hess for $60 billion [1][2] BP's Strategic Shifts - BP has faced challenges and undergone two significant strategy shifts, initially pledging to cut capital spending on oil and gas projects by 40% to focus on clean energy [4] - Due to a recovery in oil prices and underperformance, BP has revised its strategy, reducing renewable investment from $5 billion to $1.5 billion to $2 billion annually while increasing oil and gas capital investment to $10 billion per year [5][6] BP's Production Goals - BP aims to increase its overall oil and gas output to an average of 2.5 million barrels of oil equivalent (BOE) per day by 2030, up from less than 2.4 million BOE last year [6] Comparison with Competitors - BP's strategy contrasts with U.S. oil giants like Exxon and Chevron, which have clear multi-year strategies for shareholder value growth, including Exxon's $140 billion investment plan and Chevron's focus on advantaged assets [7][8] Potential Takeover Interest - BP's underperformance has made it a potential takeover target, with companies like Shell, Exxon, Chevron, TotalEnergies, and Adnoc Gas reportedly considering acquisitions [10][12] - Shell has expressed hesitance, preferring stock repurchases over acquiring BP, citing the need to stabilize its own operations first [11] Challenges to Acquisition - BP's significant debt of $77 billion, partly from the Deepwater Horizon disaster, poses a challenge for potential acquirers, as it could negatively impact their balance sheets [13] - Regulatory scrutiny in the U.K. may also hinder any acquisition attempts, as there may be resistance to foreign control of BP [13] Investment Appeal - Despite speculation around a potential acquisition, BP's shifting strategy and financial challenges make it a less appealing investment compared to Exxon and Chevron, which have more defined growth strategies [14]