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SunPower Earns Palmetto's LightReach “Platinum Partner” Award
Globenewswire· 2026-02-19 13:00
OREM, Utah, Feb. 19, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (“SunPower,” the “Company,” or Nasdaq: “SPWR”) a leading solar technology, sustainable energy solutions and services, and installation company, is pleased to announce that it has been officially recognized as a Palmetto LightReach Platinum Partner. Palmetto’s Platinum Award provides a reduced interest rate reserved for solar partners who consistently deliver top tier-workmanship quality, maintain rigorous quality assurance standards, and demonstrat ...
DTE Energy Company Q4 2025 Earnings Call Summary
Yahoo Finance· 2026-02-17 21:31
Achieved 2025 earnings above the high end of guidance, driven by favorable weather, base rate implementation, and disciplined cost management across utility segments. Delivered the best all-weather reliability performance in nearly 20 years, reducing average outage duration by nearly 90% compared to 2023 through a focused four-point infrastructure plan. Executed a landmark 1.4 gigawatt data center agreement with Oracle, which is expected to provide $300 million in annual affordability benefits for exi ...
ReNew Energy plc(RNW) - 2026 Q3 - Earnings Call Presentation
2026-02-16 13:30
Q3 FY26 Results Presentation February 16, 2026 Disclaimer Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," ...
Dufferin West Exploration Program Advances as Geophysical Team Mobilizes
Globenewswire· 2026-02-09 13:00
Ground Geophysical Survey Underway, Drill Planned to Arrive in Late FebruaryVANCOUVER, British Columbia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Refined Energy Corp. (CSE: RUU; OTC: RRUUF; FRA: CWA0) (“Refined” or the “Company”) is pleased to announce that the ground geophysical team has mobilized at Dufferin Lake Lodge as part of the Company’s Dufferin West exploration program. Drilling is planned to begin later in February. Refined has the right, at its option, to acquire up to a 75% interest in the Dufferin Pr ...
Elektros Inc. Highlights Strategic Position in Rare Earth Minerals and Lithium at a Defining Moment for Global Energy and Resource Security
Accessnewswire· 2026-02-05 02:30
Core Viewpoint - Elektros Inc. emphasizes the increasing global significance of rare earth minerals and lithium, which are crucial for modern society, economic growth, national security, and the transition to clean energy [1] Industry Summary - Rare earth elements and lithium are foundational materials for electric vehicles, grid-scale energy storage, defense applications, and advanced electronics [1]
Great River Energy, ITC Midwest and Xcel Energy propose 765 kV transmission line project with application for Certificate of Need
Businesswire· 2026-02-03 20:31
Core Insights - Great River Energy, ITC Midwest, and Xcel Energy proposed new electric transmission lines to enhance electricity reliability and connect new energy sources to the grid, submitting a Certificate of Need application for the PowerOn Midwest project to the Minnesota Public Utilities Commission [1][5] Project Overview - PowerOn Midwest includes a 765 kilovolt (kV) backbone transmission line that will connect to the existing grid in eastern South Dakota, traverse southern Minnesota, and link to the broader regional grid [2] - The 765 kV line will connect the Lakefield, Pleasant Valley, and North Rochester substations located in Jackson, Mower, and Olmstead counties in Minnesota [2] Economic and Environmental Impact - The utility partners emphasized that PowerOn Midwest is a crucial investment for Minnesota and the Upper Midwest, aiming to ensure reliable and affordable electricity, support economic growth, and provide access to lower-cost energy resources [3] - The new infrastructure is designed to accommodate energy from various sources, ensuring reliable energy delivery throughout the year [3] Regulatory and Development Timeline - The projects were part of a portfolio approved by the Midcontinent Independent System Operator (MISO) in December 2024, which included 24 transmission projects [4] - Route options are still being developed, with Route Permit applications expected to be filed with the MPUC in 2027, and construction anticipated to begin by 2030, with operations starting in 2034 [7] Additional Projects - In addition to the 765 kV line, the Certificate of Need application includes two 345 kV projects, which involve rebuilding an existing single-circuit 345 kV line and adding a second circuit to another existing line [8]
Hybrid Power Solutions closes Final Tranche of Life Offering Financing
Thenewswire· 2026-01-19 22:25
Core Viewpoint - Hybrid Power Solutions Inc. has successfully closed the final tranche of its Life Offering financing, raising a total of CDN $1,067,925 through the issuance of 17,798,749 units at a price of C $0.06 per unit [2][5]. Financing Details - The final tranche raised gross proceeds of CDN $53,025 from the sale of 883,750 units [2]. - Each unit consists of one common share and one whole common share purchase warrant, with the warrant exercisable at CDN $0.10 per share for 24 months [3]. - The company may accelerate the expiry of the warrants if the share price exceeds CDN $0.20 for 20 consecutive trading days [3]. Regulatory Compliance - The offering is conducted under the Listed Issue Financing Exemption, allowing sales to purchasers in Canadian provinces (excluding Quebec) and offshore jurisdictions [4]. - The securities issued will be freely tradable in Canada and are not subject to a hold period [4]. Use of Proceeds - The net proceeds from the offering will be allocated to company operations, product and research development, sales growth initiatives, marketing, and general corporate purposes [5]. Finder's Fees - The company paid eligible finders a cash fee of $38,690.40 and issued 644,840 non-transferable finder's warrants, allowing the acquisition of shares at $0.10 per share for 24 months [6]. Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate the need for fossil fuels in off-grid applications [9].
Critical Metals Corp Schedules Business Update Call
Globenewswire· 2026-01-16 13:30
Core Viewpoint - Critical Metals Corp is set to provide a business update through a webcast and conference call on January 22, 2026, at 8:00 AM ET [1]. Company Overview - Critical Metals Corp (Nasdaq: CRML) is a prominent mining development company focused on critical metals and minerals essential for electrification and next-generation technologies, particularly for Europe and its western partners [3]. - The company's flagship project, Tanbreez, is one of the largest rare-earth deposits globally, located in Southern Greenland, with year-round shipping access via deep water fjords to the North Atlantic Ocean [3]. - Another significant asset is the Wolfsberg Lithium Project in Carinthia, Austria, which is the first fully permitted mine in Europe and is strategically positioned with established road and rail infrastructure [4]. - The Wolfsberg project is expected to be a major producer of lithium products to support the European market and is well-positioned with offtake and downstream partners [4]. - With its strategic asset portfolio, Critical Metals Corp aims to become a reliable and sustainable supplier of critical minerals for defense applications, clean energy transition, and next-generation technologies in the western world [5].
Vistra Outperforms Industry in the Past Month: How to Play the Stock?
ZACKS· 2026-01-14 16:05
Core Insights - Vistra Corp. (VST) shares have increased by 2% over the past month, outperforming the Zacks Utility-Electric Power industry's decline of 4.8% and the Zacks Utilities sector's drop of 3% [1] - The stock's positive performance is attributed to two significant developments: the acquisition of Cogentrix Energy for approximately $4 billion, which adds 5,500 MW of natural gas-fired capacity, and a 20-year power purchase agreement with Meta to supply over 2,600 MW of zero-carbon electricity [1][2][8] Acquisition and Agreements - Vistra has signed a definitive agreement to acquire Cogentrix Energy, which includes 10 modern natural gas-fired power plants with a total capacity of about 5,500 MW for a net purchase price of roughly $4 billion [8][9] - The long-term power supply agreement with Meta enhances earnings visibility by securing stable, contracted revenues from a high-quality customer, supporting consistent cash flows and improving asset utilization [7][8] Market Position and Demand - Rising demand for clean power is driven by the growth of AI-powered data centers and the electrification of oilfield operations in the Permian Basin, positioning Vistra to meet increasing commercial and industrial power demand [10] - Vistra's diversified generation capacity of 41,000 MW across various energy sources enables the company to capture long-term growth while playing a significant role in the clean energy transition [10][11] Financial Performance and Estimates - The Zacks Consensus Estimate for VST's 2026 earnings per share indicates a year-over-year growth of 64.07% alongside a 34.58% increase in total revenues [12] - Sales estimates for the current year are projected at $18.31 billion, with a year-over-year growth estimate of 6.32%, and for the next year, $24.65 billion, reflecting a 34.58% increase [14] Return on Equity and Shareholder Value - VST's trailing 12-month return on equity (ROE) stands at 64.04%, significantly higher than the industry average of 10.47%, indicating effective utilization of shareholders' funds [19] - The company continues to enhance shareholder value through a share repurchase program and dividend payments, with a quarterly dividend of 22.7 cents approved for Q4 2025 and a target of $300 million in annual dividends [21][22] Valuation and Investment Considerations - Vistra is currently trading at a premium valuation, with a forward 12-month price-to-earnings (P/E) ratio of 20.18X compared to the industry average of 15.36X [24] - The stock's strong performance and growth prospects make it attractive for existing investors, while new investors are advised to monitor for a favorable entry point due to the premium valuation [28]
Hybrid Power Solutions Announces Canadian Defense Distribution Partnership with Cantec Systems
Thenewswire· 2026-01-08 13:35
Core Insights - Hybrid Power Solutions Inc. has announced a new distribution partnership with Cantec Systems, targeting the military and defense sector in Canada [1][2] - The partnership aims to enhance Hybrid's support for mission-critical operations that require reliable, low-signature, and fuel-reduced power solutions [2][3] - Cantec Systems will represent Hybrid's battery-based and hybrid power systems to Canadian military organizations, defense contractors, and government agencies [2][4] Company Overview - Hybrid Power Solutions Inc. is a Canadian manufacturer specializing in portable and fuel-free power solutions, listed on the Canadian Securities Exchange under the symbol "HPSS" [1][4] - The company focuses on developing clean energy technologies that eliminate the need for fossil fuels in off-grid and remote applications, emphasizing environmental responsibility and innovation [4] Partnership Details - Cantec Systems brings technical expertise and a deep understanding of defense-grade power requirements, aligning with Hybrid's strategy to expand in the military and defense sector [3] - The partnership is expected to provide a critical advantage to defense clients by offering innovative, low-signature power systems that meet the rigorous demands of military operations [4]