NB_Patrick Brisbane AutoStradTM 2023 (2) Patrick Brisbane AutoStradTM 2023 NB_Patrick Brisbane AutoStradTM 2023 Kalmar secures significant order from Patrick Terminals. KALMAR CORPORATION, PRESS RELEASE, 8 OCTOBER 2025 AT 10:00 AM (EEST) Kalmar secures significant order from Patrick Terminals for its automated straddle carrier solution Kalmar has secured a significant order for 14 hybrid Kalmar AutoStrad™ machines from Patrick Terminals, to be deployed at Sydney AutoStrad terminal. The order was boo ...

Greenvolt Group, through its subsidiary Greenvolt Power, has emerged among the winners in Italy's 'largest' battery energy storage system (BESS) auction, securing a 15-year indexed tariff for a 499MWh project. The auction, organised by Italy's grid operator TERNA, is part of the Electric Storage Procurement Mechanism (MACSE) initiative. The winning project is to be located in the MACSE South & Calabria auction zone. Greenvolt stated that the project, with an estimated capacity of 75MW/600MWh, will be it ...

Oslo, 1 October 2025: Vow ASA (ticker OSE: VOW) confirms delivery of a large pyrolysis reactor to Vow Green Metal (VGM) at the site in Follum in the fourth quarter of 2025. The project at Follum will include the use of Vow’s medium and large capacity pyrolysis technology. The unit is expected to support VGM’s plans for increased production capacity. “This delivery marks a significant step in our collaboration with VGM,” says Gunnar Pedersen, CEO of Vow ASA. “We are supporting VGM in a joint FEED study for t ...

Mitsubishi Power, a unit of Mitsubishi Heavy Industries, has secured its first order for the newly developed M100S small-to medium-sized gas turbine, designed for use in blast furnace gas (BFG)-fired power plants. This order was placed by Jiangsu Lihuai Steel, a subsidiary of the Jiangsu Shagang Group, one of China’s leading steelmakers. The turbine will be supplied through Mitsubishi Power’s local subsidiary. The M100S gas turbine will be installed as the core component of a 100MW class gas turbine comb ...

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the renewable energy sector in China, particularly the implications of new climate targets set for 2035 by the Chinese government [2][7]. Core Insights and Arguments 1. **New Climate Targets**: China aims to cut greenhouse gas (GHG) emissions by 7% to 10% from peak levels and increase the non-fossil fuel mix in energy consumption to over 30% by 2035, with a specific target of 25% for 2030 [2][7]. 2. **Renewable Capacity Expansion**: The goal is to expand wind and solar capacity to 3600 GW by 2035, a significant increase from 1700 GW in August 2025. However, the implied annual installation rate of approximately 180 GW from 2025 to 2035 is seen as underwhelming compared to the over 230 GW per year achieved from 2021 to 2025 [2][3]. 3. **Support for Non-Electrification Uses**: The National Energy Administration emphasizes the use of renewable energy (RE) for producing green hydrogen, methanol, and ammonia, which could drive additional demand for RE and aid in decarbonizing hard-to-abate sectors like cement and shipping [3][7]. 4. **Challenges and Solutions**: Near-term challenges such as weak power demand and grid curtailments are expected to be resolved as energy storage and grid capacity improve [3]. Investment Recommendations 1. **Top Picks in the Supply Chain**: - **GCL Technology Holdings (3800 HK)**: Target price of HKD 1.80, with a potential upside of 40.6% due to expected recovery in polysilicon and solar glass prices [4][11]. - **Xinyi Solar (968 HK)**: Target price of HKD 4.40, with a potential upside of 28.7%, benefiting from solar glass demand [4][20]. - **Longyuan Power (916 HK/001289 CH)**: Target prices of HKD 8.80 and RMB 21.60 for H and A shares respectively, with potential upsides of 13.7% and 28.2% [4][27]. Financial Highlights - **GCL Technology Holdings**: - Revenue expected to grow from CNY 15,098 million in 2024 to CNY 30,526 million by 2027 [12]. - Net profit projected to turn positive by 2026, reaching CNY 1,133 million [12]. - **Xinyi Solar**: - Revenue forecasted to increase from CNY 21,921 million in 2024 to CNY 28,103 million by 2027 [20]. - Net profit expected to rise to CNY 3,694 million by 2027 [20]. - **Longyuan Power**: - Revenue anticipated to grow from CNY 31,370 million in 2024 to CNY 37,362 million by 2027 [27]. - Net profit projected to reach CNY 8,646 million by 2027 [27]. Risks and Considerations - **GCL Technology Holdings**: Risks include significant drops in polysilicon prices and potential demand issues from international markets due to trade disputes [11]. - **Xinyi Solar**: Risks involve lower-than-expected average selling prices (ASPs) for solar glass and increased competition in the market [11]. - **Longyuan Power**: Risks include lower-than-expected tariffs affecting revenue and potential impairments related to renewable energy subsidies [11]. Additional Insights - The setting of official climate targets for 2035 is seen as a positive development, providing a clearer direction for the renewable energy sector [2][3]. - The focus on renewable energy applications beyond electrification is expected to create new growth opportunities in the sector [3][7]. This summary encapsulates the key points discussed in the conference call, highlighting the strategic direction of the renewable energy industry in China and the investment opportunities within it.

Core Viewpoint - Costamare Bulkers Holdings Limited has signed a Strategic Cooperation Agreement with Cargill International S.A. to enhance stability and growth in the dry bulk sector [1][2][3]. Company Overview - Costamare Bulkers is an international owner and operator of dry bulk vessels, with a fleet of 37 vessels totaling approximately 3,103,000 dwt [5]. - The company operates a dry bulk platform (CBI) that engages in chartering, contracts of affreightment, forward freight agreements, and hedging solutions [5]. Agreement Details - The Agreement includes transferring the majority of Costamare's trading book, which consists of chartered-in vessels, cargo transportation commitments, and derivative positions to Cargill [7]. - Costamare will charter four Supramax vessels to Cargill for a duration of four to six months [7]. - The company will enter into a bunkering services agreement with Seascale Energy, a joint venture between Cargill and Hafnia, covering its owned and operating fleet [7]. - The Agreement also involves collaboration on decarbonization and vessel efficiency strategies, as well as exploring joint investment opportunities in dry bulk assets and ventures [7]. Leadership Commentary - The CEO of Costamare Bulkers expressed satisfaction with the partnership, highlighting Cargill as a respected partner in the dry bulk sector and the potential for further cooperation and co-investment [3]. - Cargill's President noted that the partnership will enhance service to customers and support fleet growth [4].

Heidelberg Materials has secured a final investment decision (FID) from the UK government for the construction of a carbon capture and storage (CCS) facility at its Padeswood cement works in North Wales, UK. This initiative marks a significant step towards decarbonising cement production, aligning with the UK government's objectives to cut carbon dioxide (CO₂) emissions while fostering economic growth within the construction sector. The announcement was made by the Department for Energy Security and Net ...

Summary of Key Points from the Conference Call Industry Overview - **Industry Focus**: The conference call primarily discusses the renewable energy sector in China, particularly in relation to the country's climate pledges and decarbonization efforts [2][4]. Core Insights and Arguments - **2035 Climate Pledges**: China's new climate targets for 2035 include: - A reduction of economy-wide net greenhouse gas emissions by 7% to 10% from peak levels [4][4]. - Increasing the share of non-fossil fuels in total energy consumption to over 30% from the current 19.7% [4][4]. - Expanding installed capacity of wind and solar power to over 3,600 GW, which is more than six times the 2020 levels [4][4]. - Scaling up total forest stock volume to over 24 billion cubic meters, surpassing the current level of 20 billion cubic meters [4][4]. - Making new energy vehicles (NEVs) mainstream, with NEVs accounting for 44.97% of all new automobile registrations in H1 2025 [4][4]. - Expanding the National Carbon Emissions Trading Market to cover major high-emission sectors [4][4]. - **Decarbonization Momentum**: The momentum for decarbonization remains strong, supported by anti-involution reforms, expansion of emissions trading systems (ETS), and green finance flows [8][8]. - **Investment Opportunities**: Key investment opportunities highlighted include companies such as Sinoma S&T, ZTT, CATL, XPeng, Li Auto, and Geely, which are positioned to benefit from the climate adaptation and resilience theme [8][8]. Additional Important Insights - **Wind and Solar Capacity**: The target for wind and solar capacity indicates an additional installation of 1,787 GW by 2035, with annual installations expected to average 179 GW from 2026 to 2035 [9][9]. - **Energy Storage Goals**: China has set a goal for energy storage systems (ESS) deployment of 180 GW cumulative capacity by 2027, implying an annual power capacity of approximately 35 GW during 2025-2027 [10][10]. - **Automotive Sector Trends**: Competition in the automotive sector is easing, with narrower discounts and more disciplined pricing strategies. However, sales and profitability pressures are expected to persist until market consolidation occurs [11][11]. - **Climate Adaptation Investments**: Climate adaptation is emerging as a core theme, with investments in technologies and infrastructure to withstand extreme weather conditions. Solutions mapped include climate monitoring systems, cooling technologies, resilient infrastructure, and water solutions [12][12]. - **Wind vs. Solar Installations**: Analysts expect new wind power installations to outpace solar due to better return profiles and robust demand from energy storage and power grid needs [13][13]. This summary encapsulates the key points discussed in the conference call, focusing on China's climate initiatives, investment opportunities, and sector-specific insights.

Malaysian clean energy company Solarvest Holdings has signed a joint investment framework agreement with global investment company Brookfield for the development, construction, and operation of at least 1.5GW of utility-scale solar and battery energy storage (BES) projects in Malaysia. The projects will be delivered over the next three to five years, stated Solarvest. The move marks Brookfield's inaugural investment in Malaysia through its Catalytic Transition Fund, aimed at fostering decarbonisation in ...

Most of the media coverage of Big Oil majors tends to draw comparisons between the European companies and their U.S. peers, almost invariably at the expense of the Europeans. Yet there is one sector where BP, Shell, TotalEnergies, and Eni are ahead: LNG trading. Now, Exxon and Chevron are trying to catch up. The Financial Times reported this week that both companies were eager to expand their LNG trading operations despite previously treating this business segment as too risky to be worth the effort. “I w ...