Workflow
Renewable Energy Development
icon
Search documents
X @Bloomberg
Bloomberg· 2025-07-09 04:38
The Abu Dhabi Investment Authority and Ontario Teachers’ Pension Plan Board are considering a sale of Asia-Pacific renewable energy developer Equis Development, according to people familiar with the matter https://t.co/Sajf5ptZY3 ...
Emeren Group Announces North America Management Change and Preliminary Q2 2025 Operating Results
Prnewswire· 2025-07-03 20:30
NORWALK, Conn., July 3, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced a leadership transition within its North America operations. Mr. Cameron "Mac" Moore, Executive Vice President - North America, has departed the Company, and Mr. M. Jahangir Alam has been appointed as his successor, effective immediately.About M. Jahangir AlamM. Jahangir Alam is a seasoned leader in the North Am ...
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
CNBC· 2025-07-02 00:29
Group 1: Tesla's Stock Performance and Market Expectations - Tesla shares have decreased by 7% from $323.63 to $300.71 ahead of the second-quarter deliveries report [1] - Analysts expect Tesla to report deliveries of approximately 387,000, reflecting a 13% decline from nearly 444,000 a year ago [2] - Prediction market Kalshi forecasts deliveries around 364,000, indicating lower expectations from traders [2] Group 2: Legislative Impact on Tesla - The One Big Beautiful Bill Act, which President Trump supports, is expected to negatively impact Tesla by cutting support for renewable energy and phasing out EV tax credits [4][5] - These legislative changes could reduce EV sales by about 100,000 vehicles annually by 2035, according to Energy Innovation [5] - The bill is projected to decrease renewable energy development by over 350 cumulative gigawatts, potentially affecting Tesla's Energy division [6] Group 3: Financial Implications and Regulatory Credits - Tesla has generated $11.8 billion in sales from automotive regulatory credits since 2015, which significantly contribute to its net income [8][9] - Regulatory credit sales accounted for approximately 60% of Tesla's net income in the second quarter of 2024, highlighting the importance of these incentives [9] - The company relies on federal and state regulations that mandate automakers to sell low-emission vehicles or purchase credits from Tesla [9]
Founder Group 与 GCL Systems Integration Technology Co., Ltd. 签署谅解备忘录,合作开发价值高达 2.2 亿美元的可再生能源项目
Globenewswire· 2025-06-17 20:54
马来西亚吉隆坡, June 18, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ:FGL,下称“Founder Group”或“公司”) 是马来西亚领先的太阳能光伏系统工程设计、采购、建设和调试 (EPCC) 解决方案提供商。该公司欣然宣布与 GCL Systems Integration Technology Co. Ltd. (GCL) 签署谅解备忘录 (MOU)。 双方已同意携手合作,共同探索、发现、评估并承办专注于马来西亚及其他东盟国家可再生能源行业的项目,预计价值高达 2.2 亿美元。 GCL 是一家在深证证券交易所上市交易的公司。 该公司成立于 2003 年,现已发展成为全球领先的一站式智能光伏和储能系统集成商。 GCL 强调技术创新和卓越品质,致力于提供高质量、高效率和差异化的产品。 凭借强大的技术研发实力和卓越的系统解决方案设计能力,经过 20 年的不懈努力,GCL 已在智能光伏和储能解决方案领域占据领先地位。 截至目前,其产品范围涵盖高效电池、光伏组件和储能系统。 此外,GCL 还提供多元化的服务模块,如综合金融服务和智能化运维 ...
DTE Energy completes its third new solar park of 2025, while partnering with communities to drive economic development in local townships
Prnewswire· 2025-06-11 16:53
Polaris Solar Park will power more than 23,000 homes with clean, renewable energy and deliver millions in tax revenuesDETROIT, June 11, 2025 /PRNewswire/ -- DTE Energy (NYSE: DTE), Michigan's largest producer of and investor in renewable energy, announced at a ribbon-cutting ceremony today that it has completed construction on its Polaris Solar Park. Located in Washington and North Star Townships in Gratiot County, the 100-megawatt solar park will generate enough clean energy to power more than 23,000 homes ...
Amite Solar Energy Center marks milestone for NextEra Energy Resources in Louisiana
Prnewswire· 2025-06-02 11:47
Core Insights - The Amite Solar Energy Center, a collaboration between DEMCO and NextEra Energy Resources, is now operational, marking NextEra's first utility-scale energy facility in Louisiana [1][2] - The facility has a capacity to generate up to 100 megawatts of energy, sufficient to power thousands of homes and businesses in Louisiana [2] - The project is expected to generate approximately $16 million in additional tax revenue for Tangipahoa Parish over the next 30 years [3] Company Overview - NextEra Energy Resources is one of the largest energy infrastructure developers in the U.S., with a diverse portfolio that includes approximately 33,410 megawatts of total net generating capacity [5] - DEMCO is a not-for-profit, member-owned electric distribution cooperative serving over 117,800 meters across seven parishes in Louisiana [6] Economic Impact - The construction of the Amite Solar Energy Center created 200 construction jobs and stimulated local economic activity through the purchase of regional goods and services [3] - The project aims to provide low-cost, fixed-price energy for the next 25 years, benefiting local communities [2][4]
Markku Taskinen has been appointed as the CEO of Suvic Oy, a subsidiary of Dovre
Globenewswire· 2025-05-22 11:00
Dovre Group Plc Inside information May 22, 2025, at 2 pm Markku Taskinen has been appointed as the CEO of Suvic Oy, a subsidiary of Dovre Markku Taskinen has been appointed as the new CEO of Suvic Oy, succeeding Ville Vesanen. He will assume the position at the latest on September 22, 2025. The planning of the future composition and role structure of the company’s management team will begin immediately, and the outcome will be announced by autumn. Taskinen joins Suvic from the position of CEO at Hartela Poh ...
La Société de projet BVH1, s.e.n.c. Announces a $960 Million Financing for Des Neiges – Secteur sud Wind Project
Globenewswire· 2025-05-15 13:26
Core Points - The Des Neiges - Secteur sud wind power project has secured $960 million in financing and is currently under construction, with a total capacity of 400 MW [1][10] - The project is expected to significantly contribute to the economic development of Côte-de-Beaupré and enhance Québec's economic and climate resilience, representing an investment of around $1 billion [2] - Approximately 500 jobs will be created during the construction phase, with around 15 jobs during operation and maintenance [2] - The project will distribute over $80 million to host communities, specifically for the Secteur sud project [2] - The project aims to generate 1.2 TWh of energy annually, enough to power about 70,000 homes or 325,000 electric vehicles [6] Financial Highlights - The financing structure includes a $733 million construction loan, a $170 million bridge loan, and a $57 million guarantees facility [8] - The construction loan will convert to a term loan upon the start of electricity deliveries, expected in Q4 2026 [8] Project Development - Borea Construction has been mobilized for preliminary work since December 2024, with site work scheduled to begin in the coming months [5] - The project is the first of three potential 400 MW wind power projects planned for the Seigneurie de Beaupré private lands [6] Company Collaboration - Boralex, Énergir, and Hydro-Québec are collaborating on this project, emphasizing the importance of partnerships in achieving energy independence and sustainable growth for Québec [3]
Gevo Reports First Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-05-13 20:01
Core Insights - Gevo, Inc. reported a quarterly revenue increase of approximately $25 million for Q1 2025 compared to Q1 2024, driven by strategic growth initiatives and the acquisition of Gevo North Dakota [4][8][9] - The company anticipates further revenue and adjusted EBITDA growth in 2025, supported by the monetization of tax credits and new offtake agreements [1][4][7] Financial Performance - Total operating revenue for Q1 2025 was $29.1 million, a significant increase from $3.99 million in Q1 2024, primarily due to $22.8 million from Gevo North Dakota and $1.7 million from the RNG project [4][29] - The adjusted EBITDA loss for Q1 2025 was $15.4 million, an improvement from a loss of $14.5 million in Q1 2024 [8][34] - The company ended Q1 2025 with cash, cash equivalents, and restricted cash totaling $134.9 million [8] Strategic Developments - Gevo signed a pioneering offtake agreement with Future Energy Global for emissions credits from 10 million gallons of fuel per year, alongside another agreement for an additional 5 million gallons of SAF [3][4] - The company is actively developing markets for voluntary carbon abatement, achieving over 100,000 metric tons of CO2 abatement in Q1 2025 [4][5] Operational Highlights - Gevo North Dakota produced approximately 11.1 million gallons of low-carbon ethanol in Q1 2025, contributing to significant carbon abatement [4][9] - The company is focused on advancing its alcohol-to-jet (ATJ) projects, with plans for an ATJ-30 plant capable of producing 30 million gallons of jet fuel per year [7][9] Cost and Expense Management - Cost of production increased by $18.9 million in Q1 2025, primarily due to the acquisition of Gevo North Dakota [10] - General and administrative expenses decreased by $1.1 million, attributed to a reduction in stock-based compensation [13] Market Position and Future Outlook - The CEO expressed confidence in achieving positive adjusted EBITDA in 2025, citing the operational assets and market opportunities available [7][9] - Gevo's innovative technology and strategic partnerships position the company favorably within the renewable fuels market, particularly in the SAF segment [7][22]
Montauk energy(MNTK) - 2025 Q1 - Earnings Call Presentation
2025-05-09 12:34
Investor Presentation FIRST QUARTER 2025 RESULTS MAY 9, 2025 All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expect and, therefore, you should not unduly rely on such statements. The risks and uncertainties that could cause those actual results to differ materially from those expressed or implied by these forward-looking statements include but are not limited to: our ability to develop and operate new renewable energ ...