Fingrid’s consolidated financial statements have been compiled in accordance with the International Financial Reporting Standards (IFRS). This half-year report has been drawn up in accordance with the IAS 34 Interim Financial Reporting standard and complies with the same basis for preparation as those presented in the Group’s financial statements for 2024. This half-year report is unaudited. Unless otherwise indicated, the figures in parentheses refer to the same period of the previous year. The transmissio ...

Market Overview - The Europe reconfigurable battery systems (RBS) market was valued at $897.0 million in 2024 and is projected to reach $3.56 billion by 2035, with a compound annual growth rate (CAGR) of 13.61% from 2025 to 2035 [1][15]. Industry Drivers - The increasing demand for flexible and scalable energy storage solutions across various sectors, including grid stabilization, renewable energy integration, and electric mobility, is driving the growth of the European RBS industry [2][3]. - Ambitious EU climate targets and funding programs, such as national green-energy subsidies and Horizon Europe research grants, are accelerating deployment [4][5]. - The focus on domestic battery production, supported by policies like the Net-Zero Industry Act and Critical Raw Materials Act, is enhancing local sourcing and recycling capabilities [5][14]. Technological Advancements - Developments in cell chemistry, flexible system topologies, and integration with smart-grid platforms are enhancing RBS capabilities [3]. - Innovations in modular battery packs, smart battery management systems (BMS), and reconfigurable hydrogen energy storage are pivotal for improving scalability and efficiency [8]. Market Opportunities - The RBS market presents substantial opportunities for both established players and new entrants, with strategies including mergers and acquisitions, strategic collaborations, and geographic expansion [9]. - The emphasis on reducing carbon footprints and aligning with global energy sustainability goals is further accelerating market expansion [9]. Competitive Landscape - Major players in the European RBS market include technology providers and integrators, with a focus on strategic partnerships and technological collaborations to identify untapped revenue opportunities [10]. - The competitive landscape analysis supports market participants in enhancing their position through innovation and sustainability initiatives [10]. Challenges - High initial investment requirements for advanced BMS and infrastructure can deter smaller players from entering the market [14]. - Regulatory fragmentation and lack of unified technical standards across EU member states can slow cross-border deployments [14][17].

Financial Performance - MYR Group achieved record revenue of $3.64 billion in 2023, a 21% increase from $3.01 billion in 2022[14, 15] - The company's net income for the full year 2023 was $91 million, or $5.40 per diluted share, also a record high[19, 65] - MYR Group's EBITDA for 2023 reached $188.2 million, another record high[19, 65] - The company's backlog stood at $2.51 billion[62] Segment Performance - Transmission & Distribution (T&D) revenue reached a record $2.09 billion in 2023[21, 23] - Commercial & Industrial (C&I) revenue also hit a record of $1.55 billion in 2023[31, 34] - T&D segment backlog was $960 million as of December 31, 2023[23] - C&I segment backlog was $1.55 billion as of December 31, 2023[34] Market Outlook - Investor-owned electric companies plan to invest approximately $121 billion in transmission construction between 2023 and 2026[26] - The Infrastructure Investment and Jobs Act (IIJA) includes $73 billion for the electric grid and energy infrastructure[29] - Combined federal spending planned for energy between the IIJA and Inflation Reduction Act (IRA) is over $300 billion over the next 5-10 years[29]

Poland is returning to the green bond market after more than six years as it seeks a financing boost for its accelerating energy transformation https://t.co/8lh4bp8Ugy ...

Core Insights - Avista is seeking proposals to add energy and capacity, including distributed energy resources, to meet projected resource needs and address peak demand through a Demand Response program [1][4]. Group 1: RFP Details - The all-source RFP aims to meet capacity needs of up to 415 MW for winter and 425 MW for summer in Washington and Idaho [2]. - Avista may include repowering and/or self-build resources in the RFP and is utilizing an Independent Evaluator for the process [2]. Group 2: Resource Needs - Avista's 2025 Electric Integrated Resource Plan indicates a need for new electric resources to meet growing customer demand and comply with the Clean Energy Transformation Act (CETA) for carbon-neutral electric supply by 2030 [3]. - The company is committed to acquiring at least 5 MW of Demand Response starting in 2026, which provides a cost-effective solution for peak energy demand [5]. Group 3: Proposal Requirements - The RFP is open to parties that own, propose to develop, or hold rights to resources that meet Avista's energy and capacity requirements, with minimum eligibility criteria outlined in the RFP [4]. - Hybrid proposals combining clean energy, capacity, and/or storage are encouraged, but proposals for Renewable Energy Certificates (REC) only will not be accepted [5]. Group 4: Timeline and Company Overview - Responses to the RFP are due by June 30, 2025, with instructions available on Avista's website [6]. - Avista Utilities serves 422,000 electricity customers and 383,000 natural gas customers across a service territory of 30,000 square miles, covering parts of eastern Washington, northern Idaho, and parts of Oregon, with a total population of 1.7 million [6].

Acquisition broadens ConnectM’s service offerings into India’s high-growth distributed energy and telecom sectors, advancing the Company’s global expansion strategyMARLBOROUGH, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company on the leading edge of the energy economy, today announced it has secured regulatory approval and completed the acquisition of Cambridge Energy Resources Ltd. (CER), an India-based En ...

SolarEdge Technologies Nasdaq l SEDG Safe Harbor Use of Forward-Looking Statements and Non-GAAP Measures Statements contained in this presentation may contain forward-looking statements that are based on our management's expectations, estimates, projections, beliefs and assumptions in accordance with information currently available to our management. This discussion contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the ...

Exelon (EXC) FY 2025 Annual General Meeting April 29, 2025 01:46 PM ET Speaker0 Welcome to the Annual Meeting for Exelon Corporation. Our host for today's call is Paul Bowers, Member of the Board. I will now turn the call over to your host. Mr. Bowers, you may begin. Speaker1 Well, thank you, and good morning. Twenty fifth Annual Meeting of the Shareholders of Exelon Corporation will now come to order. My name is Paul Bowers, and I am the Exelon of one of the members of Exelon's Board of Directors. As discl ...

Richardson Electronics, Ltd. (NASDAQ:RELL) Q3 2025 Earnings Conference Call April 10, 2025 10:00 AM ET Company Participants Ed Richardson - Chief Executive Officer Bob Ben - Chief Financial Officer Greg Peloquin - General Manager, Power & Microwave Technologies Group Jens Ruppert - General Manager, Canvys Wendy Diddell - Chief Operating Officer Conference Call Participants Anja Soderstrom - Sidoti Barry Mandel - Mandel Money Management P. Ross Taylor - ARS Investment Partners Operator Good day, and thank yo ...