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TotalEnergies & RGE Progress in Large-Scale Solar & Storage Venture
ZACKS· 2025-06-02 13:56
Core Insights - TotalEnergies SE (TTE) and RGE have formed a joint venture, Singa Renewables, which has received a conditional license from Singapore's Energy Market Authority to import 1 gigawatt (GW) of renewable power from Indonesia [1][9]. Group 1: Project Details - The partners signed a Memorandum of Understanding with Singapore Energy Interconnections to develop a subsea interconnector for electricity imports from Indonesia to Singapore [2]. - A Co-Investment Agreement was signed to develop a hybrid renewable power plant in Riau Province, Indonesia, which will include a solar farm, a Battery Energy Storage System, and a subsea cable [2]. - The project aims to provide Clean Firm Power to energy-intensive users in Singapore and industrial complexes near the solar location in Indonesia [3]. Group 2: Strategic Goals - The initiative supports Singapore's goal of achieving net-zero emissions by 2050 and contributes to the economic development of Riau Province, Indonesia [4]. - TotalEnergies is committed to ASEAN's energy transition and security of supply through this project [4]. Group 3: TotalEnergies' Renewable Energy Strategy - TotalEnergies aims to develop a cost-competitive portfolio to reach net zero by 2050, combining flexible assets with renewable energy sources [5]. - As of March 2025, TotalEnergies' gross renewable electricity generation capacity was 28 GW, with plans to increase to 35 GW by the end of 2025 and over 100 terawatt-hours of net electricity by 2030 [6]. Group 4: Industry Trends - The U.S. Energy Information Administration projects that renewable energy sources will account for 25% of U.S. electricity generation in 2025, with a 2% increase in power generation compared to 2024 [7]. - Other companies like BP, Shell, and Equinor are also prioritizing clean energy operations, with BP targeting 50 GW of renewable capacity by 2030 [8][10][11]. Group 5: Stock Performance - Over the past six months, TotalEnergies' shares have increased by 2.8%, contrasting with a 3.6% decline in the industry [12].
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]
投资21.38亿!光伏龙头,加码钙钛矿
DT新材料· 2025-06-01 16:17
【DT新材料】 获悉,5月31日, 迈为股份 公告,拟向不特定对象发行可转换公司债券,募资不超过约19.67亿元,投向钙钛矿叠层太阳能电池装备产 业化项目。 迈为股份称, 公司关注到钙钛矿及钙钛矿叠层电池潜力显现,产业投资需求活跃。 本项目的实施是公司紧抓光伏电池技术发展机遇,抢占钙钛矿叠层 电池设备市场份额的必要措施。 公司2024年营收98.3亿元,同比增长21.53%;归母净利润9.26亿元,同比增长1.31%。今年一季度,公司营收22.29亿元,同比增长 0.47%;归母净利润1.62亿元,同比减少37.69%。 | 序号 | 项目名称 | 项目拟投资金额 | 拟投入募集资金金额 | | --- | --- | --- | --- | | | 钙钛矿叠层太阳能电池装备产业 化项目 | 213.797.52 | 196,667.52 | | | 合计 | 213,797.52 | 196,667.52 | 迈为股份 介绍,本次募投项目"钙钛矿叠层太阳能电池装备产业化项目"计划总投资21.38亿元,实施主体为迈为股份及其全资子公司 宣城迈为智能 装备制造有限公司 (简称"宣城迈为")。建设地点分别位于苏州 ...
UAB “Atsinaujinančios energetikos investicijos“ publishes interim financial statements for the 3-month period of 2025
Globenewswire· 2025-05-30 14:23
UAB “Atsinaujinančios energetikos investicijos” (the Company) publishes its unaudited interim condensed consolidated financial statements for the 3-month period of 2025. Financial results As at 31 March 2025, the Company’s total assets were EUR 189 711 thousand, total equity was EUR 98 345 thousand, and total liabilities were EUR 91 366 thousand. As at 31 March 2025, the Company’s investment assets at fair value through profit or loss were EUR 167 392 thousand, which compared to 31 December 2024, increase ...
Meriaura Group Plc: Change in Summa Defence's Executive Management Team
Globenewswire· 2025-05-30 13:00
Meriaura Group PlcCompany Announcement 30 May 2025 at 3.00 p.m. (CEST) Change in Summa Defence's Executive Management Team Summa Defence Oy's Chief Human Resources Officer and Executive Management Team member Riitta Honkanen-Vaheri is leaving her position and moving to Italy to become Human Resources Director at the European University Institute (EUI), which is under the European Union. Hanna Korhonen has been appointed as Summa Defence's new Chief Human Resources Officer and Executive Management Team membe ...
SHARC Energy Announces Q1 2025 Financial Results
Globenewswire· 2025-05-30 12:00
VANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is pleased to announce it has filed financial results for the three months ended March 31, 2025. All figures are in Canadian Dollars and in accordance with IFRS unless otherwise stated. First Quarter Financial Highlights: Revenue for the three months ended March 31, 2025 (“Q1 2025”) is $1.01 million (M), representing 47% of the full year reve ...
Zeo Energy Corp. Receives Nasdaq Notice on Late Filing of its Form 10-Q
Globenewswire· 2025-05-29 20:05
NEW PORT RICHEY, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) “Zeo Energy” or the “Company”), announced today that, as expected, it received a notice (the “Notice”) from Nasdaq on May 22, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s Quarterly Report on Form 10-Q for the for the three months ended March 31, 2025 (the “10-Q”) was not filed with the ...
Zeo Energy Corp. to Acquire Heliogen, Inc., Expected to Create a Clean Energy Platform for Residential, Commercial, and Utility Markets
Globenewswire· 2025-05-29 10:30
Core Viewpoint - Zeo Energy Corp. is acquiring Heliogen, aiming to integrate Heliogen's advanced clean storage solutions with Zeo's solar energy platform, creating a comprehensive clean energy platform for various market segments [1][2][3] Company Overview - Zeo Energy Corp. is a Florida-based provider of residential solar and energy efficiency solutions, focusing on high-growth markets with limited competition [10] - Heliogen, a renewable energy technology company, specializes in delivering cost-effective, low-carbon energy production solutions [11] Transaction Details - The merger will be an all-stock transaction, with Heliogen's securityholders receiving shares of Zeo's Class A common stock valued at approximately $10 million, based on a share price of $1.5859 [7][8] - The transaction is expected to close in the third quarter of 2025, pending customary closing conditions and stockholder approvals [8] Strategic Rationale - The merger aims to combine Zeo's residential solar footprint with Heliogen's long-duration energy storage expertise, addressing power quality and energy capacity issues for data centers [6] - The transaction is expected to streamline costs, reduce corporate overhead, and enhance the balance sheet through Heliogen's liquidity [6] Management Commentary - Zeo's CEO emphasized the acquisition's potential to accelerate their vision of serving a broad range of energy consumers, from residential to industrial applications [3] - Heliogen's CEO highlighted the opportunity for stockholders to participate in the growth potential of the combined company [3] Market Reach and Growth Opportunities - The merger is positioned to capitalize on the increasing demand for resilient, cost-effective, low-carbon energy infrastructure, supported by favorable long-term trends [6] - Zeo's financing arm has provided over $44 million in clean energy tax equity financing, which can support future projects [6]
Clear Blue Technologies Announces Q1 2025 Financial Results
Globenewswire· 2025-05-28 21:21
Financial Performance - Clear Blue Technologies reported Q1 2025 revenue of CAD 1,051,261, a 30% increase from CAD 808,553 in Q1 2024 [1] - Gross profit for Q1 2025 was CAD 551,601, representing a 63% increase compared to CAD 338,339 in Q1 2024 [5] - The gross margin percentage improved to 52% from 42% in the same quarter of the previous year [5] - Non-IFRS Adjusted EBITDA for the period was CAD (2,634,592), a 62% decrease from CAD (1,629,513) in the previous period [5] Market Trends and Opportunities - Clear Blue identifies three key themes for growth: the mainstream adoption of smart solar lighting, the transition away from diesel in Africa's telecom sector, and the expansion of satellite internet and IoT services [4][5] - The company is positioned to benefit from a projected CAD 25 million revenue opportunity over the next three years through its partnership with Eutelsat for satellite-powered community internet and IoT services [5] Operational Insights - As of March 31, 2025, bookings decreased to CAD 4,365,698, a 14% decline from CAD 5,071,105 as of December 31, 2024 [5] - Recurring revenue for Q1 2025 was CAD 217,662, down 28% from CAD 300,786 in Q1 2024 [5] - Cash as of March 31, 2025, was CAD 128,971, remaining stable through Q1 [5] Strategic Initiatives - The company has completed its financial restructuring, which was a significant effort by the management team, and is now focused on building a strong growth trajectory [6][7] - Clear Blue has expanded its product portfolio with three new products over the last two years, enhancing its market position [6]
Notice to Attend the Annual General Meeting of Eco Wave Power Global AB (publ)
Newsfile· 2025-05-28 20:40
Stockholm, Sweden--(Newsfile Corp. - May 28, 2025) - The shareholders of Eco Wave Power Global AB (publ), (NASDAQ: WAVE), reg. no. 559202-9499 (the "Company" or "EcoWave"), are hereby given notice to attend the annual general meeting at 10:00 a.m. CEST on Monday June 30, 2025. The meeting will be held at Setterwalls Advokatbyrå's offices at address Sturegatan 10 in Stockholm. Registration for the meeting commences 30 minutes before the opening of the meeting.NoticeShareholders wishing to participate at the ...