Newport Beach, CA, June 30, 2025 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation [OTCQB: BESS], (“the Company” or “Bimergen”), a developer of utility-scale battery energy storage projects and an independent power provider, today announced the proceeding of a corporate action to cancel 1,287,694 shares upon a shareholder litigation completion. This action follows the favorable ruling from the Superior Court of California from a litigation which began in 2023, aimed at increasing shareholder value. These shar ...

Summary of Shoals Technologies Group (SHLS) Update / Briefing Company Overview - Shoals Technologies Group specializes in electrical balance of system (eBOS) solutions for the solar energy market, particularly focusing on battery energy storage systems (BESS) [6][7] - The company is diversifying its offerings beyond utility-scale solar, investing in new growth opportunities including OEM, commercial and industrial (C&I), international markets, and BESS [7] Industry Insights - The BESS market is a critical component of renewable energy, providing energy storage using rechargeable batteries [9] - Key battery technologies include lithium-ion and lithium iron phosphate, which dominate the market [10] - The BESS market is expected to grow at an annual rate of nearly 30% over the next ten years, increasing from approximately 24 gigawatts to over 200 gigawatts by 2034 [12] - The market value is projected to exceed $100 billion by 2034, with significant growth in long-duration energy storage technologies [13] Product Offerings - Shoals does not sell batteries but focuses on interconnection solutions between batteries and inverters, including combiners, recombiners, and multi-load break disconnect switches [14][15] - Products are designed for high efficiency in DC coupled applications, which consolidate and distribute DC power from battery containers [18] - The company emphasizes high-quality, custom-engineered solutions that are integral to solar plus storage and standalone storage systems [17] Customer Base - Shoals serves a diverse customer base including EPCs, integrators, OEMs, and data centers, with a focus on solar plus storage projects [20] - Long-standing relationships with customers in the solar space provide a competitive advantage, allowing the company to introduce its new eBOS solutions [24] Competitive Advantages - The company highlights its innovative product offerings, customizable solutions, and ongoing investment in product development as key differentiators in the market [22][24] - Shoals is scaling operations with a new mega plant of over 630,000 square feet dedicated to BESS production [23] Market Strategy - The company aims to educate design engineers, EPCs, and contractors about its solutions to penetrate the market further [31] - Shoals intends to cast a wide net in its marketing strategy, focusing on various customer segments rather than just a few large names [30] Additional Insights - The BESS market is essential for managing intermittent renewable energy sources, ensuring grid reliability, and supporting peak power demand [11] - The company is positioned to meet the growing energy demands driven by sectors such as AI and data centers [11]

Core Viewpoint - Pure Storage (PSTG) shares have increased by approximately 3.7% since the last earnings report, underperforming the S&P 500 index [1] Group 1: Earnings Report and Market Reaction - The consensus estimate for Pure Storage has decreased by 6.02% over the past month, indicating a flatlining of fresh estimates [2] - The stock has received a Zacks Rank of 3 (Hold), suggesting an expectation of an in-line return in the upcoming months [4] Group 2: VGM Scores - Pure Storage has a strong Growth Score of A, but a low Momentum Score of D, indicating mixed performance across different investment strategies [3] - The stock has been assigned a grade of F on the value side, placing it in the fifth quintile for value investment strategy [3] - The overall aggregate VGM Score for Pure Storage is C, which is relevant for investors not focused on a single strategy [3]

Barclays CEO Energy-Power Conference S E P T E M B E R 2 0 2 3 Disclaimer Forward-Looking Statements The forward-looking statements contained in this presentation are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those t ...

Core Insights - Chevron Corporation's subsidiary has strengthened its position in the global LNG market by signing an incremental Sale and Purchase Agreement with Energy Transfer LNG Export, securing an additional 1 million tons per year of LNG over 20 years [1][8] - The total contracted volume from Energy Transfer's subsidiary now stands at 3 million tons per year, reinforcing Chevron's commitment to long-term LNG sourcing from the U.S. Gulf Coast [2][8] - The agreement is based on a free-on-board delivery model, ensuring competitive pricing and long-term flexibility in global LNG markets [3] Chevron's LNG Strategy - Chevron's expanded agreement exemplifies its wider LNG strategy focused on portfolio diversity, supply security, and long-term flexibility [9] - The company leverages its global network to deliver LNG sourced from dependable U.S. production basins, enhancing its ability to meet growing customer demand [9][12] Lake Charles LNG Project - The Lake Charles LNG project is positioned to become a leading U.S. export facility due to its strategic use of existing infrastructure, which reduces capital intensity [4][10] - The facility's integration with Energy Transfer's Trunkline pipeline system ensures a steady and economical gas supply, enhancing its appeal to long-term buyers [4][10] Energy Transfer's Role - The expanded SPA with Chevron represents a milestone in Energy Transfer's push into the global LNG market, reflecting high market confidence in the Lake Charles LNG facility [5][6] - Energy Transfer's extensive infrastructure supports its LNG ambitions, enabling it to deliver on large-scale export commitments efficiently [11] Global LNG Demand - Chevron's decision to increase its LNG offtake aligns with rising global demand for liquefied natural gas, particularly in Europe and Asia [12][13] - Long-term LNG contracts are now essential for future energy security, and Chevron's latest move reflects its intent to lead in providing reliable LNG [13][14] Conclusion - The expanded Sale and Purchase Agreement between Chevron's subsidiary and Energy Transfer's subsidiary represents a transformative step in both companies' LNG trajectories, strengthening their roles as global energy providers [14][15]

行家说储能 近日，据业内人士透露，远景储能此次测试的储能柜之间间距仅为5cm，或创下储能龙头企业烧舱测试中的最小间距。 2025年发布的CSA C-800是 CSA 集团 推出的火烧测试标准，是基于2024年推出的 CSA TS-800 扩展而成的正式国家标准版，获得了加拿大和美国的认可。它不仅涵 盖了大型火灾测试，还扩展了测试范围，可更全面地评估大型储能系统，在现实复杂环境下的耐久性和安全性。 往期精选 ： 本次测试严格按照场站真实场景设计，ABCD箱4组远景智慧交易型储能系统，现场充电至100%SOC，关闭消防系统，燃烧全过程无干预。 最难的一年？工商业储能下半场的反转逻辑 首款产品量产！富士康加码工商业储能 超4GWh！晶科等2企又获储能新单 当下，行业安全标准加速升级， 烧舱实验是储能安全验证的"试金石"，但因实验成本高昂，难以频繁开展，目前烧舱实验主要限于几家有实力的头部企业。 除了远 景储能外，阳光电源、华为、比亚迪、阿特斯、瑞浦兰钧、海辰储能等代表性企业已陆续开展实景烧舱试验。 这标志着储能行业对安全性的追求已从被动防御迈向主动验证的新阶段。可以预见，随着行业对安全性的极致追求，高标准、严要求的 ...

Core Insights - Seagate Technology (NASDAQ: STX) has experienced a remarkable 60% year-to-date increase, significantly outperforming the S&P 500's 4% rise, driven by structural improvements and strong market dynamics, particularly in advanced technologies like HAMR [2] - The company has seen a resurgence in the data-storage market, largely due to heightened demand from generative AI applications [2] Financial Performance - Seagate's revenue fell sharply from $11.66 billion in FY2022 to $6.55 billion in FY2024, marking a 44% decline due to weak demand in consumer PCs, Covid-related disruptions, component shortages, and inflationary pressures [3] - However, in the first nine months of FY2025, revenue surged 42% year-over-year to $6.7 billion, driven by strong demand from data-center and cloud customers [3] Market Positioning - Despite the rise of SSDs, HDDs remain essential for large-scale storage due to their cost-effectiveness, leading Seagate to focus on enterprise-grade, high-capacity HDDs while reducing lower-capacity consumer drives [4] - The company has opted to procure NAND from partners like Kioxia, allowing it to concentrate on cost-effective bulk storage solutions [4] Valuation Metrics - Seagate's price-to-sales (P/S) ratio has increased from 1.2x in FY2022 to 3.2x currently, indicating a substantial rise in valuation multiples [5] - The P/S multiple has risen 176% from 1.16x in FY2022 to 2.30x in FY2024, and currently stands at around 3.20x [6] Growth Drivers - The demand for AI-driven storage solutions and the adoption of HAMR technology are significantly boosting high-capacity nearline HDD sales [11] - Seagate reported strong Q3 results with adjusted earnings of $1.90 per share and quarterly revenue of $2.16 billion, reflecting a 31% year-over-year increase [11] - A $5 billion share repurchase initiative has been introduced, indicating confidence in enhancing earnings per share [11] - Operating margins have expanded to 20% in the first three quarters of FY2025, compared to only 3% during the same period last year [11]

Redwood Materials launches energy storage business and its first target is AI data centers | TechCrunch https://t.co/9mkVg7pC2u ...

Investment Rating - The report does not explicitly provide an investment rating for the semiconductor and hardware industry, but it highlights significant growth potential in AI infrastructure and related technologies. Core Insights - The constraints of AI growth are multifaceted, including power, compute at scale, connectivity for low latency, and talent, indicating substantial opportunities for infrastructure development [1] - The focus of AI is shifting from training to inferencing, emphasizing the importance of data capture, extraction, and actionable insights [1][2] - Enterprise AI is still in its early stages, while sovereign AI is gaining traction as a national priority for model and infrastructure ownership [1][5] - The agent-to-employee ratio is projected to be 2000:1, suggesting that every enterprise could effectively become a supercomputer, necessitating modern infrastructure [1][5] - The effectiveness of edge AI will depend on the specific use cases and the value they unlock [1] - The cost and speed of inference for reasoning models are creating opportunities for new entrants in the GPU market [1] Summary by Sections AI Hardware Infrastructure - VAST Data is developing an operating system based on a Distributed and Shared Everything architecture to meet the growing data demands of AI [2] - Traditional training methods are overwhelming legacy platforms, necessitating significant infrastructure changes to support scalable AI [2] - The shift from training to inferencing is expected to drive the need for advanced data handling capabilities [2] Market Dynamics - VAST Data has achieved $2 billion in software sales since its inception, with key customers including xAI and Coreweave [6] - The company is cash flow positive and has secured large contracts, indicating strong market demand [6] - VAST perceives traditional storage competitors as lagging, while startups face higher barriers due to the scale and lead VAST has established [6]

Leader in AI-Driven Energy Solutions January 2022 1 Cautionary Statement Regarding Forward-Looking Statements This presentation, as well as other statements we make, contains "forward-looking statements" within the meaning of the federal securities laws, which include any statements that are not historical facts. Such statements often contain words such as "expect," "may," "can," "believe," "predict," "plan," "potential," "projected," "projections," "forecast," "estimate," "intend," "anticipate," "ambition, ...