Workflow
Renewable Energy Development
icon
Search documents
Ormat Technologies(ORA) - 2025 Q1 - Earnings Call Presentation
2025-05-08 13:35
Financial Performance - Revenues increased by 2.5% to $229.8 million compared to Q1 2024[17, 27] - Adjusted EBITDA increased by 6.4% to $150.3 million compared to Q1 2024[16, 24, 34] - Net income attributable to the Company's stockholders increased by 4.6%[16] - EPS/Adj EPS increased by 3.1% / 4.6%[24] - The company successfully raised $200 million of new debt in Q1 2025[44, 45] Segment Performance - Electricity revenues decreased by 5.8% to $180.2 million compared to Q1 2024[30] - Products revenues increased by 27.9% to $31.8 million compared to Q1 2024[30] - Storage revenues increased by 119.7% to $17.8 million compared to Q1 2024[15, 30, 66] - Energy Storage gross margin increased by +2,310 bps vs Q1 2024[71] Growth and Development - The company expects approximately $160 million in annual cash proceeds from tax benefits[42] - The company signed an agreement to acquire the 20MW Blue Mountain geothermal power plant from Cyrq Energy for $88 million[15, 60] - The company is negotiating PPAs for 250MW with hyperscalers at rates above $100/MWh[57, 94] - The company is targeting 2.6GW to 2.8GW of generating capacity by 2028[93]
Scatec starts construction of large scale solar and battery storage project in Egypt
Globenewswire· 2025-05-05 20:00
Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by a sovereign guarantee. The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2 ...
AES(AES) - 2025 Q1 - Earnings Call Presentation
2025-05-02 12:11
Financial Performance - The company's Adjusted EBITDA for Q1 2025 was $591 million, a decrease of $49 million compared to $640 million in Q1 2024[11, 47] - Adjusted EPS for Q1 2025 was $0.27, a decrease of $0.23 compared to Q1 2024[11, 49] - Renewables Adjusted EBITDA increased by $50 million, from $111 million in Q1 2024 to $161 million in Q1 2025[52] - Utilities Adjusted PTC increased by $80 million, from $41 million in Q1 2024 to $121 million in Q1 2025[56] - Energy Infrastructure Adjusted EBITDA decreased by $102 million, from $356 million in Q1 2024 to $254 million in Q1 2025[59] Strategic Highlights & Growth - The company signed or was awarded 443 MW of new PPAs for renewables, bringing the backlog to 11.7 GW[12] - Construction of 643 MW of renewables projects was completed, with the remaining 2.6 GW of projects under construction for 2025 being approximately 80% complete[12, 17] - The company achieved its 2025 asset sale proceeds target by selling a minority stake in AGIC for $450 million[12] - The company is on track to invest approximately $1.4 billion across AES Indiana & AES Ohio in 2025[39] Financial Outlook & Capital Allocation - The company reaffirms its 2025 Adjusted EBITDA guidance of $2,650-$2,850 million[9, 66] - The company reaffirms its 2025 Adjusted EPS guidance of $2.10-$2.26[9, 68] - The company expects to generate Parent Free Cash Flow of $1,150-$1,250 million in 2025[71, 112]
Montauk Renewables Schedules First Quarter 2025 Conference Call for Friday, May 9, 2025, at 8:30 a.m. ET
Globenewswire· 2025-04-29 20:30
Company Overview - Montauk Renewables, Inc. is a renewable energy company focused on the management, recovery, and conversion of biogas into renewable natural gas (RNG) [4] - The company captures methane to prevent its release into the atmosphere and converts it into RNG or electrical power for the grid [4] - Montauk has over 30 years of experience in developing and managing landfill methane-fueled renewable energy projects [4] - The company operates 13 projects and has ongoing developments in multiple states including California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, and Texas [4] - Montauk sells RNG and Renewable Electricity, benefiting from Environmental Attribute premiums under federal and state policies [4] Upcoming Financial Results - Montauk will host a conference call and webcast on May 9, 2025, at 8:30 a.m. Eastern time to discuss its financial results for Q1 2025 [1][2] - A press release with the financial results will be issued after the close of regular stock market trading hours on May 8, 2025 [1] - The conference call will include a live Q&A session and will be available on the company's website [3]
7.2 MW Glor Rd Solar Project in Development by SolarBank in New York
Prnewswire· 2025-04-29 13:00
Core Insights - SolarBank Corporation plans to develop a 7.2 MW DC ground-mount solar power project in upstate New York, expected to power approximately 850 homes, contributing to its expanding development pipeline exceeding one gigawatt [1][7] Project Details - The Glor Rd project will be eligible for the VDER rate compensation mechanism, with an average compensation projected at $0.0971 per kWh in the first year [2] - The project aims to secure incentives under the NY-Sun Program, targeting up to $0.245 per watt DC as a one-time payment to support financing [3] Community Solar Concept - Once operational, the project will function as a community solar initiative, allowing renters and homeowners to save on electricity bills by subscribing to the project without needing to install solar panels on their properties [4] Customer Engagement - Solar Simplified will manage customer-facing activities for the community solar projects, ensuring full project subscription and maximizing revenue from the outset, which aligns with the company's growth strategy [5] Company Overview - SolarBank Corporation focuses on developing renewable energy projects, including solar, Battery Energy Storage Systems (BESS), and EV Charging projects, with a diverse portfolio across North America [7]
CHINA DAILY丨Solar, wind together beat coal capacity in Q1
国家能源局· 2025-04-29 06:59
A wind farm seen in Hulunbuir, Inner Mongolia autonomous region. WANG ZHENG/FOR CHINA DAILY China's combined installed capacity of wind and solar power surpassed that of coal power for the first time by the end of the first quarter, marking a significant milestone in the country's energy transition, the National Energy Administration said. As of end-March, the installed capacity of wind power and solar power nationwide increased by 17.2 percent and 43.4 percent year-on-year, respectively, with the combined ...
Enlight to Report First Quarter 2025 Financial Results on Tuesday, May 6, 2025
Newsfilter· 2025-04-17 14:30
Core Viewpoint - Enlight Renewable Energy is set to release its financial results for Q1 2025 on May 6, 2025, before market opening [1] Financial Results Announcement - The financial results will be available before market open on May 6, 2025 [1] - A conference call to discuss the results and business outlook will take place at 8:00 AM ET on the same day [2] Conference Call Details - Participants can join the conference call by pre-registering through a provided link [2] - An archived version of the webcast will be available approximately one hour after the live call [3] Company Overview - Enlight was founded in 2008 and focuses on developing, financing, constructing, owning, and operating utility-scale renewable energy projects [3] - The company operates in solar, wind, and energy storage sectors across the U.S., Israel, and 10 European countries [3] - Enlight has been listed on the Tel Aviv Stock Exchange since 2010 and completed its U.S. IPO in 2023 [3]
Advisory: Boralex to hold annual meeting of shareholders on May 14
Globenewswire· 2025-04-17 13:00
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 ...
Boralex will release its 2025 first quarter financial results on May 14
Globenewswire· 2025-04-15 12:30
MONTREAL, April 15, 2025 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2025 first quarter results will take place on Wednesday, May 14, 2025, at 9:30 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time Wednesday, May 14, 2025, at 9:30 a.m. ET To attend the conference Webcast link: https://edge.media-server.com/mmc/p/3nwdfvm2To attend the event by phone: C ...
Montauk Renewables, Inc. and American Environmental Landfill, Inc. Break Ground on Tulsa RNG Project
Newsfilter· 2025-04-10 20:30
Core Viewpoint - Montauk Renewables, Inc. has initiated a Renewable Natural Gas (RNG) landfill gas project in Tulsa, Oklahoma, marking a significant step in its growth strategy and partnership with American Environmental Landfill, Inc. [1][2][3] Project Details - The project involves an extension of the existing gas rights and lease agreement with AEL, with a new RNG facility designed to have a production capacity of approximately 1,500 MMBtu per day [2][3]. - The capital investment for the project is expected to range between $25 million to $35 million, with a targeted commissioning date in the first quarter of 2027 [3]. Company Background - Montauk Renewables specializes in the management, recovery, and conversion of biogas into RNG, capturing methane to prevent atmospheric release [4]. - The company has over 30 years of experience in developing and managing landfill methane-fueled renewable energy projects across multiple states in the U.S. [4].