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American Battery Technology Company Triples Quarterly Revenue as it Releases Third Quarter Fiscal Year 2025 Financial Report
GlobeNewswire News Room· 2025-05-16 13:52
Core Viewpoint - American Battery Technology Company (ABTC) has reported a significant increase in quarterly revenue, tripling its revenue in the third fiscal quarter of 2025, driven by advancements in battery recycling and lithium manufacturing technologies [1]. Battery Recycling Highlights - ABTC has implemented multi-shift, 24/7 operations at its battery recycling facility, more than doubling the mass of battery material recycled compared to the previous quarter [6]. - Total revenues from the sale of recycled battery materials reached $1.0 million, approximately tripling from the previous quarter [6]. Primary Lithium Manufacturing Highlights - ABTC has developed technologies for manufacturing lithium hydroxide from Nevada-based claystone and has constructed a pilot facility that successfully produced large quantities of lithium hydroxide during the reported quarter [6]. - The company is negotiating long-term commercial offtake agreements for the lithium hydroxide product, with a designed commercial scale lithium refinery planned to produce 30,000 tonnes per year [6]. Financial Highlights - Cash cost of goods sold for the quarter was $2.3 million, a slight increase from $2.1 million in the previous quarter, indicating a significant improvement in gross cash margin with revenue increasing by approximately 200% [6]. - Company reimbursements from government grants increased to $2.0 million, compared to $1.3 million during the same period of the prior year [7]. - As of March 31, 2025, the company had total cash on hand of $7.8 million, with $2.8 million available and $5 million restricted for compliance [7].
N2OFF Energy Targets European's Energy Crises with Fourth Regional Battery Project
GlobeNewswire News Room· 2025-05-15 11:32
Core Insights - N2OFF, Inc. is entering the Polish renewable energy market by financing a 35MW/140MWh Battery Energy Storage System (BESS) project [1][2] - The project aims to expand Solterra's large-scale energy storage solutions, with future plans to increase capacity to over 100MW/400MWh [2] - N2OFF is one of four parties providing financing under a structured agreement, with a 15% share of net profits from the project [5] Company Overview - N2OFF, Inc. focuses on sustainable energy solutions and agri-tech innovations, aiming to reduce greenhouse gas emissions and promote environmentally friendly agricultural practices [6] - The company has recently entered the solar PV market and is providing funding for a total capacity of 111 MWp in collaboration with Solterra Renewable Energy Ltd. [6] Industry Context - Recent blackouts in Spain and Portugal have highlighted the need for resilient electricity systems, emphasizing the importance of energy storage solutions as the energy transition progresses [3][4] - The incident in Spain resulted in a loss of around 60% of power generation, underscoring the vulnerabilities in current energy infrastructure [4]
Global Clean Energy, Inc. Launches Cogeneration Division and Enters Strategic Agreement with Axiom Energy and SolydEra
Globenewswire· 2025-05-13 18:44
HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) -- Global Clean Energy, Inc. (OTC PINK: GCEI) today announced the formation of its Cogeneration Division, marking a significant milestone in its mission to deliver efficient, sustainable, and cost-effective energy solutions through its MicroUtility model. Cogeneration, or Combined Heat and Power (CHP), is a highly efficient process that simultaneously generates electricity and captures usable heat. GCEI’s MicroUtility installations use natural gas-powered engines to ge ...
Halliburton(HAL) - 2025 Q1 - Earnings Call Presentation
2025-05-12 18:52
First Quarter 2025 Update NYSE Stock Symbol: HAL Common Dividend: $0.17 in the first quarter 2025 Shares Outstanding: 860 million as of 4/18/2025 Investor Relations Contacts David Coleman, Sr. Director Lyn Labahn, Director (281) 871-2688 investors@halliburton.com © 2025 Halliburton. All rights reserved. 1 Safe Harbor The statements in this presentation that are not historical statements are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous ...
Halliburton(HAL) - 2024 Q4 - Earnings Call Presentation
2025-05-12 18:52
1 Fourth Quarter 2024 Update NYSE Stock Symbol: HAL Common Dividend: $0.17 in the fourth quarter 2024 Shares Outstanding: 868 million as of 2/5/2025 Investor Relations Contacts David Coleman, Sr. Director Lyn Labahn, Director (281) 871-2688 investors@halliburton.com © 2025 Halliburton. All rights reserved. Safe Harbor 4 Strategic Priorities 8 Financial Results The statements in this presentation that are not historical statements are forward-looking statements within the meaning of the federal securities la ...
Sharc Energy Featured in Ottawa’s LeBreton Flats Redevelopment District Energy Project
Globenewswire· 2025-05-09 12:00
Lebreton Flats redevelopment Conceptual illustration of the site, showing the four-storey terraced podiums of two buildings. On the podiums, outdoor lounges and a childcare play area are shown. At the ground level, the buildings will include a community bike shop, community hub and a wastewater energy facility. In the outdoor space between the towers, there is a gathering circle, a central parkette and a wedge park. VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) -- SHARC International System ...
N2OFF via Solterra Expands European Footprint with Entry into Fourth Project – a Battery Storage Venture in Poland
Globenewswire· 2025-05-09 11:45
Core Insights - N2OFF, Inc. is participating in financing a 35MW/140MWh Battery Energy Storage System project in Poland, marking its entry into the Polish renewable energy market [1][2] - The project aims to expand Solterra's large-scale energy storage solutions, with future plans to increase capacity to over 100MW/400MWh [2] - N2OFF is one of four lenders involved in a structured financing agreement, expecting repayment within 30 months and a share of 15% of the net profits from the project [3] Company Overview - N2OFF, Inc. focuses on sustainable energy solutions and has recently entered the solar PV market, planning to provide funding for projects totaling 111 MWp [4] - The company is also involved in post-harvest treatments through its majority-owned subsidiary, Save Foods Ltd., which targets pathogen contamination in fruits and vegetables [4] Strategic Goals - The entry into the Polish market aligns with N2OFF's strategy to expand into high-potential renewable energy projects across different markets, emphasizing the importance of grid-scale energy storage for a stable, low-carbon energy future [4]
ON Semiconductor(ON) - 2025 Q1 - Earnings Call Presentation
2025-05-05 12:34
Quarterly Investor Presentation First Quarter 2025 © onsemi 2025 | Public Information | 1 © onsemi 2025 | Public Information Safe Harbor Statement and Non-GAAP and Forecast Information This presentation includes "forward-looking statements," as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this presentation could be deemed ...
CLIMATEROCK ANNOUNCES ADJOURNMENT OF SHAREHOLDER MEETING TO 11:00 AM EASTERN TIME MAY 1, 2025
Globenewswire· 2025-04-30 20:48
Core Points - ClimateRock announced an extension of time for its initial business combination from May 2, 2025, to November 2, 2025, and has adjourned the Special Meeting to May 1, 2025 [1] - The deadline for holders of Class A ordinary shares to submit their shares for redemption in connection with the Extension is now set for 9:00 a.m. Eastern time on May 1, 2025 [2] Company Overview - ClimateRock is a special purpose acquisition company focused on entering into a merger or similar business combination, particularly within the sustainable energy industry in OECD countries, including areas related to climate change, environment, and renewable energy [3]
Enphase Energy Enters the Solar Market in Japan with IQ8 Microinverters
GlobeNewswire News Room· 2025-04-28 12:00
Core Insights - Enphase Energy has announced the production shipments of IQ8 Microinverters in Japan through a distribution agreement with ITOCHU Corporation, enhancing its market presence in a significant residential solar market [1][3] - Tokyo has mandated rooftop solar installations on all new homes built by large-scale homebuilders, creating a favorable environment for Enphase's products [2][3] - The IQ8 Microinverters are designed to address the unique challenges of smaller roof areas in Tokyo, providing flexible and scalable solar solutions [2][4] Company Overview - Enphase Energy is a global energy technology company based in Fremont, CA, recognized as the leading supplier of microinverter-based solar and battery systems [5] - The company has shipped approximately 81.5 million microinverters and deployed around 4.8 million Enphase-based systems in over 160 countries [5] Product Details - The IQ8HC Microinverters can manage a continuous DC current of 14 amperes and feature a peak output power of 350 VA, with a 25-year warranty for products activated in Japan [3][4] - Enphase's microinverters utilize an AC architecture that enhances safety and reliability, making them suitable for compact roofs even under partial shading conditions [4]