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Bloomberg· 2025-07-17 16:40
The world’s first factory designed to make green jet fuel from ethanol is expected to start operations before the end of the year after several delays, according to owner LanzaJet https://t.co/jnvo6Eb1dm ...
EP Cube Wins Prestigious Red Dot Design Award 2025
Prnewswire· 2025-07-16 11:00
About Canadian Solar Inc. Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 157 GW of premium-quality, so ...
X @Bloomberg
Bloomberg· 2025-07-04 20:32
China is ready to cooperate with France in industries such as nuclear power, aviation, AI, green energy and biotechnology, Foreign Minister Wang Yi said https://t.co/srt1rCvU2X ...
RETRANSMISSION: HIVE Digital Technologies Surpasses 10 EH/s of Bitcoin Hashrate as Expansion in Paraguay Accelerates
Newsfile· 2025-05-28 10:00
Core Insights - HIVE Digital Technologies Ltd. has achieved a significant milestone by surpassing 10 Exahash per second (EH/s) in global Bitcoin mining hashrate, adding 1 EH/s each week for the last month [2][3] - The company is on track to meet its Phase 1 objective of 11.5 EH/s by the end of June 2025 and aims for a target of 25 EH/s by Q4 2025, with growth fully funded [3] - HIVE's subsidiary, Buzz HPC, has reached a $20 million annualized run-rate revenue in its GPU cloud business, one month ahead of schedule, reflecting strong operational momentum [4][5] Company Performance - HIVE's total operating hashrate is over 10 EH/s, with a global fleet efficiency of 20 Joules per Terahash [3] - The company is producing over 5 Bitcoin per day, with a consistent addition of approximately 1 EH/s of mining capacity weekly [6] - Buzz HPC has over 5,000 GPUs actively deployed, reinforcing HIVE's position in the GPU cloud infrastructure market [5][6] Executive Commentary - Frank Holmes, Co-Founder and Executive Chairman, highlighted the HPC growth exceeding expectations, with the GPU cloud business potentially valued at 10 to 20 times its annualized cash flows [6] - Aydin Kilic, President & CEO, expressed pride in the team's execution and the rapid scaling of Bitcoin mining capacity [6] Company Overview - HIVE Digital Technologies Ltd. is a leader in sustainable blockchain and AI infrastructure, operating in Canada, Sweden, and Paraguay [7] - The company was the first cryptocurrency miner to go public on the TSX Venture Exchange in 2017 and continues to innovate while reducing its environmental footprint [7]
ASP Isotopes Inc. to Host Investor Webcast on Tuesday, May 20, 2025 at 8:00 a.m. EST
Globenewswire· 2025-05-19 21:19
Company Overview - ASP Isotopes Inc. is a development stage advanced materials company focused on producing isotopes for various industries using proprietary technology known as the Aerodynamic Separation Process (ASP technology) [2] - The company's initial focus is on highly enriched isotopes for healthcare and technology sectors, with plans to enrich isotopes for the nuclear energy sector using Quantum Enrichment technology [2] Industry Demand - There is an increasing demand for specific isotopes such as Silicon-28 for quantum computing, Molybdenum-100, Molybdenum-98, Zinc-68, Ytterbium-176, and Nickel-64 for emerging healthcare applications [3] - Additional isotopes like Chlorine-37, Lithium-6, Lithium-7, and Uranium-235 are sought after for green energy applications [3] - The ASP Technology is particularly suitable for enriching both low and heavy atomic mass molecules, indicating its versatility in the isotope production market [3] Upcoming Events - The company will host an investor webcast on May 20, 2025, at 8:00 a.m. EST, which will be accessible online and archived for at least 90 days [1]
Suburban Propane Partners, L.P. to Hold Fiscal 2025 Second Quarter Results Conference Call
Prnewswire· 2025-04-23 20:20
Core Viewpoint - Suburban Propane Partners, L.P. is set to hold its Fiscal 2025 Second Quarter Results Conference Call on May 8, 2025, at 9:00 AM Eastern Time, inviting analysts and investors to discuss the results and business outlook [1]. Company Overview - Suburban Propane Partners, L.P. is a publicly traded master limited partnership listed on the NYSE, headquartered in Whippany, New Jersey, and has been in the customer service business since 1928 [3]. - The company distributes propane, renewable propane, renewable natural gas, fuel oil, and related products and services, serving approximately 1 million customers across 42 states through around 700 locations [3]. Core Pillars - Suburban Propane is supported by three core pillars: 1. **Suburban Commitment** - Emphasizing a legacy of nearly 100 years and a commitment to high standards in customer service [4]. 2. **SuburbanCares** - Highlighting the company's dedication to community engagement across its national footprint [4]. 3. **Go Green with Suburban Propane** - Promoting the clean-burning nature of propane and renewable propane as a bridge to a green energy future, while investing in innovative renewable energy alternatives [4].
Thunder Power Holdings, Inc. Announces Financial Results and Strategic Developments
Prnewswire· 2025-03-31 20:15
Core Insights - Thunder Power Holdings, Inc. announced its financial results for the full fiscal year 2024, highlighting key developments aimed at enhancing its market position and driving future growth [1] - The company is transitioning its listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective March 28, 2025, which is expected to provide more financial flexibility [6][8] Financial Performance - Revenues for the fiscal year 2024 were nil, consistent with the same period in 2023 [12] - Operating expenses increased to approximately $2.4 million from $1.8 million in the prior year, primarily due to higher general and administrative expenses and share-based compensation [12] - The net loss for 2024 was approximately $2.4 million, compared to a net loss of $1.8 million for 2023 [12][15] Strategic Developments - Thunder Power executed an Amendment Agreement with shareholders of Electric Power Technology Limited, expecting to issue approximately 37.6 million shares for about 31.6 million ordinary shares in TW Company, pending shareholder and regulatory approvals [2] - The acquisition of Electric Power Technology is anticipated to diversify Thunder Power's revenue streams and enhance its position as a green energy solution provider [5][9] Market Position and Future Outlook - Taiwan is designated as the launch market for Thunder Power's first electric vehicle, with a focus on combining electricity generation and mobility for commercial benefits [4] - The Taiwanese government aims for 15% of electricity to come from renewable sources by 2025, with solar expected to grow to 35% of total installed generation capacity by 2035 [3] - The company plans to capitalize on strategic opportunities within the green energy market and pursue additional targets in the clean energy landscape throughout 2025 and beyond [9]
CNOOC(00883) - 2024 Q4 - Earnings Call Transcript
2025-03-28 09:00
Financial Data and Key Metrics Changes - The profit attributable to the parent company reached RMB 137.9 billion, an increase of 11.4% year-on-year [4][10][28] - Cash flow from operations was RMB 220.9 billion, with free cash flow at RMB 97.5 billion [8][29] - The cost per barrel decreased by 5.3%, while the net profit increased by 77% [9][30] - The dividend for the year was set at RMB 1.4, reflecting a 12% increase year-on-year, with a payout ratio of 44.7% [5][30] Business Line Data and Key Metrics Changes - The company achieved a net production increase of 5.6%, with offshore production growing by 10.8% due to the Paraya project in Guyana [15][16] - The reserve longevity is over ten years, with a replacement rate of 176% [8][15] - The company made 11 new discoveries in offshore exploration and assessed 30 structures with oil and gas [12][14] Market Data and Key Metrics Changes - The average price per barrel was maintained at RMB 28.5 [8] - The company reported strong performance in the Guangdong, Zhujiang, and Bohai Bay regions, which are high-value areas for natural gas consumption [46] Company Strategy and Development Direction - The company is focused on enhancing productivity and efficiency through technology-driven and digital transformation, while adhering to low-carbon green development [3][4] - Future strategies include improving productivity, green transformation, and technology innovation, with a commitment to maintaining a high dividend payout ratio [31][33] - The company aims to expand its offshore exploration and production capabilities, particularly in the Atlantic and Belt and Road regions [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining growth despite a high base of production volume, with targets set for 2025 at $7.60 to $7.80 [36][37] - The company is prepared to face uncertainties in the oil market and will focus on improving efficiency and controlling costs [69][84] - Management emphasized the importance of long-term contracts for stabilizing natural gas sales amid geopolitical tensions [47][48] Other Important Information - The company has made significant investments in green energy projects, including offshore wind farms and carbon capture initiatives [25][27][86] - The company is committed to high-quality corporate governance and market value management [4][5] Q&A Session Summary Question: What are the growth targets for production volume? - Management acknowledged the challenge of maintaining growth momentum but expressed confidence in achieving targets set for the next three years [36][37] Question: How will the company handle deep ocean technology opportunities? - The company highlighted its pioneering role in deep ocean technology and ongoing innovations, including seismic data collection and deepwater drilling [39][40] Question: What is the strategy regarding natural gas amidst geopolitical tensions? - Management stated that long-term contracts are crucial for stabilizing natural gas sales and emphasized the importance of compliance and risk management [46][48] Question: Will the company consider raising the minimum dividend payout above 45%? - The company is committed to returning value to shareholders and will consider profitability, gearing ratio, and market conditions when making dividend decisions [51][53] Question: What is the update on the Gulf of Mexico asset sale? - The transaction is progressing as planned, but the exact timing for completion remains uncertain due to regulatory approvals [71][72] Question: How does the company view the impact of asset depreciation? - Management explained that asset depreciation is based on accounting principles and the collectible value of offshore assets [57][60] Question: What is the outlook for crude oil prices? - Management noted the difficulty in predicting oil prices due to various factors, including geopolitical issues, but expressed confidence in the company's ability to manage costs and maintain profitability [68][69]