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EverGen Infrastructure Reports Q3 2025 Results
Businesswire· 2025-11-21 00:51
Core Insights - EverGen Infrastructure Corp. reported its Q3 2025 financial results, highlighting a record in RNG production and ongoing optimization efforts across its facilities [2][5]. Financial Performance - Revenue for Q3 2025 was CAD 2.81 million, a decrease of 22% from CAD 3.60 million in Q3 2024 [4]. - The net loss increased to CAD 1.11 million in Q3 2025 from CAD 0.47 million in Q3 2024, marking a 134% rise [4][8]. - Adjusted EBITDA for Q3 2025 was CAD 0.47 million, down 52% from CAD 0.98 million in the same period last year [4][9]. - Total assets decreased by 16% to CAD 76.54 million from CAD 91.64 million year-over-year [4]. Operational Highlights - RNG production reached a new quarterly record, with total production of 51,770 gigajoules in Q3 2025, an increase of 27% compared to 40,674 gigajoules in Q3 2024 [4][7]. - The FVB facility set a new monthly RNG production record of over 13,000 gigajoules in September 2025 [3][5]. - Incoming organic feedstock decreased by 40% to 15,310 tonnes compared to 25,555 tonnes in Q3 2024 [4]. Strategic Developments - The PCR RNG Expansion project received regulatory support from Abbotsford City Council in July 2025, marking a key milestone [5][10]. - The company is advancing refinancing efforts, targeting a CAD 13 million debt facility to close in Q4 2025, along with an additional private placement of up to CAD 2 million [11]
Shell Signs PPAs for Renewable Power to Fuel REFHYNE 2 Project
ZACKS· 2025-11-20 15:35
Key Takeaways Shell signs wind and solar PPAs to supply renewable power for its REFHYNE 2 hydrogen project.Deals include offtake from a 332 MW offshore wind farm and a 230 MW solar project.The 100 MW electrolyzer will use this power to produce green hydrogen for industrial use.Shell Energy Europe Limited, a leading subsidiary of Shell plc (SHEL) , has taken a monumental step in advancing renewable energy solutions through two new Power Purchase Agreements (PPAs) in Germany. These agreements, signed with Nor ...
OTCID: GREH Achieves Major National Milestone With 29 EV Charging Projects Across Premier U.S. Hotel Destinations
Globenewswire· 2025-11-20 13:35
Our press release for November 20th. Green Rain Energy Holdings announces the launch of 29 hotel-based EV charging projects across 16 states. This milestone accelerates the company’s mission to make clean transportation accessible nationwide. The deployment spans major hospitality brands including Marriott, Hilton and Sheraton, with locations in San Diego, Houston, Orlando, and New York. This approach supports local economies, reduces emissions, and strengthens tourism infrastructure. Follow us to le ...
OTCID: $GREH Clarification Regarding Restricted Share Issuance to CEO Alfredo Papadakis
Globenewswire· 2025-11-19 19:23
BEVERLY HILLS, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Green Rain Energy Holdings Inc. (“Green Rain Energy” or the “Company”) issues this Clarification to provide additional transparency regarding the restricted common shares recently granted to Chief Executive Officer Alfredo Papadakis pursuant to the Board Resolution and Shareholder Written Consent dated October 10, 2025. What This Means Restricted Shares Granted: Green Rain Energy Holdings issued restricted common shares to CEO Alfredo Papadakis.Four-Y ...
Talga Group Ltd to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-18 16:18
PERTH, Australia, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Talga Group Ltd (ASX: TLG OTCQX: TLGRF), based in Australia focused on its Vittangi Graphite Anode Project in Sweden, today announced that Mark Thompson, Founder and Managing Director, will present live at the Australian Rare Earths & Critical Minerals Virtual Investor hosted by VirtualInvestorConferences.com, on November 19th, 2025 DATE: November 19th TIME: 2:00 PM ETLINK: REGISTER HEREAvailable for 1x1 meetings: November 21st and 24th. Schedule 1x1 Meeti ...
Beam Global Announces Third Quarter 2025 Operating Results
Globenewswire· 2025-11-14 21:31
Core Viewpoint - Beam Global reported a significant decrease in revenues for Q3 2025, largely attributed to unfavorable order timing, while simultaneously making strategic expansions into the Middle East and enhancing its product offerings for electric mobility solutions [4][6][7]. Recent Operational Highlights - The company opened offices in the Middle East and entered the MEA market through a joint venture in Abu Dhabi [5]. - Beam Global deployed EV ARC™ and BeamBike™ systems in Abu Dhabi and BeamWell™ in Jordan for the Royal Jordanian Armed Forces [5]. - The company signed reselling agreements in the U.S. and Europe and renewed its GSA Multiple Award Schedule contract through October 2030 [5]. - Beam Global received several new patents, enhancing its competitive position [5]. Financial Highlights - For Q3 2025, revenues were $5.8 million, a 50% decrease from $11.5 million in Q3 2024, with 82% of revenues coming from non-government commercial entities [6]. - For the first nine months of 2025, revenues decreased 53% to $19.2 million compared to $40.9 million in the same period in 2024, with non-government commercial revenues growing to 67% [7]. - Gross margin for Q3 2025 was -1%, compared to 11% in Q3 2024, while adjusted non-GAAP gross margin was 22%, a 4-percentage point increase from the previous year [8][9]. - Operating expenses for Q3 2025 were $4.8 million, a significant reduction from $11.6 million in Q3 2024, reflecting improved operational efficiencies [11]. - The net loss for Q3 2025 was $4.9 million, compared to a net profit of $1.3 million in Q3 2024 [13]. Cash Position - As of September 30, 2025, the company had cash of $3.3 million, down from $4.6 million at the end of 2024, with working capital of $10.9 million [15].
Ron Baron: I don't expect to sell my personal Tesla or SpaceX shares in my lifetime
Youtube· 2025-11-14 13:26
Core Insights - The investment in Tesla has yielded significant returns, with approximately $8 billion made since the initial investment of $400 million, and an additional $4 billion from SpaceX, totaling around $12-13 billion since 2017, with expectations of fivefold returns in the next decade [2][4]. Investment Strategy - The investment manager has a high concentration in Elon Musk's ventures, with 65% of personal investments tied to Tesla, SpaceX, and x AI, specifically 40% in Tesla and 25% in SpaceX, with the remaining 35% in mutual funds [4][5]. - The mutual funds have 22% invested in SpaceX and Tesla, with 11% each, and a smaller investment of $350 million in AI, which has doubled in value to $700 million [5]. Historical Context - The investment manager previously sold 30% of Tesla stock for clients due to concerns about the large position size, but maintained personal holdings, committing to not sell until clients had fully exited their positions [7][10][12]. - The stock had stagnated for several years before experiencing a significant increase following political events, leading to further sales for clients while the manager retained personal shares [10]. Future Outlook - There is a strong belief in the potential for Tesla's stock to increase significantly, with projections suggesting it could reach four times its current value in ten years, driven by advancements in automotive technology and robotics [17][18]. - The introduction of the Optimus robot is seen as a pivotal development, with expectations of producing a million units next year and potentially scaling to ten million, which could revolutionize labor efficiency [18][19].
Flux Power Reports Fiscal Year 2026 First Quarter Financial Results
Globenewswire· 2025-11-13 21:05
VISTA, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a leading developer of advanced lithium-ion energy storage solutions and software-driven electrification for commercial and industrial equipment, today reported financial and operational results for the 2026 fiscal first quarter ended September 30, 2025. First Quarter and Recent Business Highlights Received $2.4 million in repeat orders from a leading global food and beverage distribution company and a global industri ...
SUNation Energy to Participate in Bank of America 2025 Clean Tech Symposium
Globenewswire· 2025-11-12 21:10
RONKONKOMA, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE) (the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that Scott Maskin, Chief Executive Officer, and James Brennan, Chief Financial Officer, will participate in the 2025 Bank of America Clean Tech Symposium, being held on November 18, 2025 in New York City. Mr. Maskin will participate in a panel dis ...
Canaan Inc. Provides October 2025 Bitcoin Production and Mining Operation Updates
Prnewswire· 2025-11-12 14:05
Operating hashrate poised to grow with additional mining capacity expected to come online in Q4 of 2025 Accessibility StatementSkip Navigation "October delivered consistent operational performance, with improvements versus September across deployed hashrate, operating hashrate, North American operation's miner efficiency and installed power capacity, while both revenue split and power cost remained stable," said Nangeng Zhang, chairman and chief executive officer of Canaan. "Despite increased mining difficu ...