Vancouver, British Columbia and Lusaka, Zambia--(Newsfile Corp. - February 23, 2026) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Company") continues to advance its international utility-scale solar strategy through a series of diplomatic, government, and national utility engagements in Zambia. These activities mark continued progress toward the next phase of project planning, regulatory alignment, and long-term development as the Company expands its global ...

Core Viewpoint - Enel has formalized agreements to acquire a portfolio of wind and solar power plants in the US with a total installed capacity of 830MW for approximately $1bn, enhancing its renewable energy portfolio in North America [1][2]. Group 1: Acquisition Details - The acquisition is conducted through Enel Green Power North America (EGPNA) and involves purchasing assets from Excelsior Energy Capital [1]. - The enterprise value of the entire portfolio is estimated at around $1.3bn [1]. - The deal is expected to be completed in the third quarter of 2026, pending regulatory approvals [2]. Group 2: Financial Impact - Enel anticipates an annual increase of approximately $145m in consolidated ordinary earnings before interest, taxes, depreciation, and amortization following the acquisition [2]. Group 3: Strategic Alignment - Post-acquisition, Enel expects to achieve around 13GW of installed renewable capacity in North America, which includes wind, solar, and storage facilities [3]. - This acquisition aligns with Enel Group's strategy to expand its renewable generation portfolio by acquiring operational assets in advanced markets [3]. Group 4: Company Overview - Enel operates in 28 countries and manages approximately 93GW of global electricity generation capacity [3]. - The renewables division, Enel Green Power, holds around 68GW of various renewable energy sources [4]. - Enel's distribution network spans 1.8 million kilometers and connects 69 million end-users globally [4].

CleanChoice Energy has announced plans to expand its solar energy generation capacity by acquiring two projects in North Carolina, US, from Geenex, a developer of utility-scale energy projects. The acquisition, involving the Sumac Project in Bertie County and the Sweetleaf Project in Halifax County, will add 222.2MW-direct current (MWdc) to the company's portfolio. Geenex initiated the development of the Sumac and Sweetleaf projects in 2017. Geenex CEO Emily Williams said: “These projects represent yea ...

SolarAfrica has secured R1.5bn ($93.9m) in financing to advance its 114MW SunCentral 2 solar project in the Northern Cape, South Africa. Funding came from FirstRand Bank, through its Rand Merchant Bank (RMB) unit, alongside Investec Bank’s corporate and institutional banking division. The SunCentral 2 solar project is expected to deliver its first power supply by 2026. This development is part of SolarAfrica's broader initiative to expand access to clean energy using utility-scale renewable generation ...

Core Insights - ELITE Solar has launched a new photovoltaic panel manufacturing facility with a capacity of 5 GW in the Suez Economic Zone, marking a significant milestone in the company's global expansion strategy [1] - The facility includes 2 GW for high-efficiency solar cells and 3 GW for solar module production, creating a fully integrated manufacturing platform for customers in public services, commercial, and industrial sectors worldwide [1] Company Overview - ELITE Solar, founded in 2005, is a global provider of high-efficiency solar solutions for public services, commercial, industrial, and residential markets [2] - The company is headquartered in Singapore with a branch in California, operating integrated manufacturing plants in Vietnam, Indonesia, and Egypt, covering the entire value chain from wafers to modules [2] - The vertically integrated model and global presence of ELITE Solar support its mission to enhance customer success and accelerate the transition to clean energy [2] Strategic Importance - The new facility supports local workforce development and strengthens the region's role in the global clean energy supply chain [1] - The plant's opening was attended by Egyptian Prime Minister Dr. Mustafa Madbouly, highlighting its significance for Egypt's renewable energy and industrial development goals [1] - ELITE Solar's approach combines centralized technological leadership and global standards with localized manufacturing in strategic regions, allowing the company to respond effectively to customer demand in the MENA region [1]

Core Insights - The energy storage sector is crucial for the growth of renewable energy, modernization of the grid, and the process of electrification [1] Industry Overview - The energy storage industry is positioned at a pivotal point where it supports the expansion of renewable energy sources [1] - It plays a significant role in enhancing grid reliability and efficiency through modernization efforts [1] - The electrification trend is driving demand for energy storage solutions, making it a key area for investment and development [1]

Core Insights - CenterPoint Energy, Inc. (CNP) is focused on systematic investments to enhance its infrastructure, improve transmission and distribution networks, upgrade the grid, and expand its renewable energy portfolio to provide clean energy to customers [1] - The company's long-term earnings growth rate is projected at 8.86% over the next three to five years [1] Tailwinds - Rising electricity consumption from residential and commercial sectors, driven by the electrification of transportation and buildings, as well as the growth of AI-based data centers, is increasing demand for utility services, leading to higher sales for CenterPoint Energy [2] Capital Investment Plan - CenterPoint Energy has a long-term capital investment plan of $65 billion for the period 2026-2035 aimed at modernizing the grid system, which includes upgrading underground distribution lines and installing self-healing automation devices to enhance grid resilience and reliability [3] - These investments are expected to reduce the frequency and duration of outages while lowering operating costs [3] Renewable Energy Expansion - The company is expanding its energy portfolio by adding renewable and clean energy sources, targeting approximately 1,000 megawatts (MW) of wind and solar generation capacity by 2026 [4] - Additionally, CenterPoint aims to add 200 MW each of wind and solar resources by 2030, with a potential need for an additional 400 MW of wind resources by 2032 [4] Headwinds - Tariffs imposed by the U.S. government on imports, including solar panels, pose a significant threat to the company's solar project development, potentially increasing costs and impacting the financial viability of projects [5] Price Performance - Over the past year, CNP shares have increased by 20.3%, although this growth lags behind the industry's growth of 21.1% [6] Zacks Rank & Comparisons - CenterPoint Energy currently holds a Zacks Rank 3 (Hold), while competitors such as Dominion Energy, Inc. (D), NextEra Energy, Inc. (NEE), and OGE Energy Corp. (OGE) have better rankings with Zacks Rank 2 (Buy) [9] - These competitors have delivered average earnings surprises of 12.72%, 4.39%, and 10.45% over the last four quarters, respectively [9]

Company Overview - Evergy, Inc. is based in Kansas City, Missouri, and is involved in generating, transmitting, distributing, and selling electricity, with a market capitalization of $17.1 billion [1] - The company utilizes a diverse range of energy sources, including coal, landfill gas, uranium, natural gas, oil, solar, wind, and other renewable sources [1] Market Position - Evergy is classified as a "large-cap stock" due to its market cap exceeding $10 billion, highlighting its size and influence in the regulated electric utility industry [2] - The company aims to provide reliable and affordable power while focusing on grid modernization, renewable energy expansion, and sustainability [2] Stock Performance - Currently, Evergy's stock is trading 6.6% below its 52-week high of $79.32, reached on October 16 [3] - Over the past three months, shares have increased by 2.7%, outperforming the State Street Utilities Select Sector SPDR ETF (XLU) [3] - In the last 52 weeks, Evergy's stock has risen by 19.7%, surpassing XLU's 11.3% increase, and on a year-to-date basis, it is up 20.4% compared to XLU's 14.2% [4] Recent Financial Results - In Q3, Evergy reported an adjusted EPS of $2.03, which is a slight increase from the previous year but fell short of analyst expectations by 5.1% [5] - Due to cooler than normal summer weather, the company has revised its fiscal 2025 adjusted EPS guidance down to a range of $3.92 to $4.02 from the previous $3.92 to $4.12 [5] Competitive Analysis - Evergy has outperformed its competitor, Ameren Corporation (AEE), which saw a 10.1% increase over the past 52 weeks and a 10.9% increase year-to-date [6] - Analysts maintain a moderately optimistic outlook for Evergy, with a consensus rating of "Moderate Buy" from 13 analysts and a mean price target of $84.95, indicating a potential 14.6% upside from current price levels [6]

Core Insights - Ellomay Capital Ltd. has been awarded a tariff in Italy's FER X national competitive tender for its 79.5 MW solar project, securing support for 75% of the project's capacity [1][2] - The awarded tariff is €67.7/MWh, which includes a fixed price and a regional supplement, providing long-term price stability for the project [2][3] - The project is expected to generate approximately €180 million in total revenues over the 20-year contract period [3] Project Details - The Ellomay 11 project has a peak capacity of 79.5 MWp and an expected annual generation of about 119,300 MWh, with an energy specific yield of 1,501 kWh/kWp [2] - The tariff awarded includes a 20-year two-way Contract for Difference (CfD), ensuring price stability for 75% of production while the remaining 25% will be sold under merchant pricing [3] Company Expansion - The award reinforces Ellomay's expansion in the Italian renewable market, with a portfolio that includes 38 MW of operational projects and 160 MW under advanced construction expected to achieve commercial operation in 2026 [4] - The company is also developing a battery energy storage platform in Italy to complement its solar portfolio [6] Financial Developments - The company has made the first withdrawal of funds under the project finance obtained for its Italian solar portfolio, which is 51% owned [5] - The CEO highlighted the strategic importance of winning the FER X tender, emphasizing the company's ability to secure financing and advance its renewable energy projects [7]

Core Insights - Canadian Solar Inc. is a leading company in the renewable energy sector, focusing on solar power solutions and operating globally [1] - Daiwa has upgraded Canadian Solar to "Outperform" with a price target of $30, indicating an 18.25% potential upside from its trading price of $25.37 [2][6] - Recurrent Energy, a subsidiary of Canadian Solar, has secured a Development Consent Order for a significant solar and battery storage project in the UK, featuring 800 MW of solar capacity and 500 MW/1,000 MWh of battery storage [3][6] - The company is enhancing its U.S. operations by resuming direct oversight and reshoring manufacturing, planning to form a joint venture, CS PowerTech, with a 75.1% stake [4][6] Financial Performance - Canadian Solar's current stock price is $25.48, reflecting a 7.51% decrease, with a market capitalization of approximately $1.71 billion [5] - The stock has traded between $24.37 and $28 on the day, with a yearly high of $34.59 and a low of $6.57, and a trading volume of 5,587,361 shares on NASDAQ [5]