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Meriaura Group Plc’s business review for January–March 2025
Globenewswire· 2025-05-02 06:30
Meriaura Group PlcBusiness review, insider information 2 May 2025 at 8.30 am (CEST) Meriaura Group Plc’s business review for January–March 2025 The Group’s key figures and significant events in January–March 2025• Revenue in January–March amounted to EUR 21.4 million (January–March 2024: EUR 17.9 million).• EBITDA was EUR 1.4 (1.2) million, or 6.8% of revenue.• The operating result (EBIT) was EUR -0.1 (-0.2) million, or -0.3% of revenue.• The result was EUR -0.5 (-0.5) million, or -2.5% of revenue.• On 29 J ...
Doral Renewables Secures Additional $100 Million Letter of Credit Facility
Prnewswire· 2025-05-01 16:17
PHILADELPHIA, May 1, 2025 /PRNewswire/ -- Doral Renewables LLC ("Doral") has successfully closed a $100 million corporate Letter of Credit facility. The Letters of Credit are expected to primarily be used for new interconnection and power purchase agreement obligations incurred during development of the Company's projects. This new facility is additive to the $185 million of existing corporate Letter of Credit capacity which Doral maintains. HSBC acted as Sole Arranger and Issuing Bank for this new facility ...
Sunrun's Distributed Power Plant Quadruples in Size to 75,000 Solar-Powered Batteries to Support California's Grid
GlobeNewswire News Room· 2025-05-01 12:00
SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, announced today that its CalReady power plant has more than quadrupled in size as the summer heat begins to stress the state’s energy grid. More than 56,000 Sunrun customers’ solar-plus-battery systems—totaling approximately 75,000 batteries—will provide critical energy to California's grid during times of high energy prices, heat waves, and other grid emergency even ...
Aemetis Biogas Completes $1.6 million of LCFS and D3 RIN Sales in April
Prism Media Wire· 2025-05-01 11:57
Core Insights - Aemetis Biogas completed $1.6 million in sales of California Low Carbon Fuel Standard (LCFS) credits and federal D3 Renewable Identification Numbers (D3 RINs) in April 2025 [2] - The company expects significant growth in LCFS credits due to the approval of seven dairy digesters, which are projected to generate credits with an average carbon intensity lower than -350, representing an increase of over 120% compared to the default rate of -150 [3][4] Financial Performance - Aemetis has generated $70 million from the sale of $83 million in Section 48 investment tax credits over the past 18 months, with additional sales expected as more dairy digesters come online [5] - Starting January 2025, Aemetis Biogas began generating 45Z production tax credits from dairy RNG production, with initial sales anticipated in summer 2025 [6] Operational Developments - The company has signed agreements with 50 dairies and currently operates 11 digesters processing waste from 12 dairies, with plans to bring four more dairies online in Q2 2025 [4] - Aemetis has installed 36 miles of biogas pipeline, with environmental approval for an additional 60 miles to be installed as more digesters are completed [4] Market Outlook - The expected adoption of 20 years of low carbon biofuel mandates by the California Air Resources Board (CARB) is anticipated to rapidly increase the value of LCFS credits [4]
Clearway Energy(CWEN) - 2025 Q1 - Earnings Call Transcript
2025-04-30 21:00
Clearway Energy (CWEN) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Speaker0 Good day, and thank you for standing by. Welcome to Clearway Energy, Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. Please b ...
Clearway Energy(CWEN) - 2025 Q1 - Earnings Call Transcript
2025-04-30 21:00
Clearway Energy (CWEN) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Akil Marsh - Investor RelationsCraig Cornelius - CEO & PresidentSarah Rubenstein - Executive VP, CFO & Principal Accounting OfficerHannah Velásquez - Senior Associate - Equity ResearchMichael Lonegan - Director - Equity Research Conference Call Participants Justin Clare - MD & Research AnalystMark Jarvi - Equity Research AnalystSteve Fleishman - Managing Director and Senior AnalystNoah Kaye - Senior Research Analyst ...
Clearway Energy(CWEN) - 2025 Q1 - Earnings Call Presentation
2025-04-30 20:42
Clearway Energy, Inc. First Quarter 2025 Results Presentation April 30, 2025 | Business | Update | Craig Cornelius, Chief Executive Officer | | --- | --- | --- | | Financial | Summary | Sarah Rubenstein, Chief Financial Officer | | Closing Remarks | | Craig Cornelius, Chief Executive Officer | 3 Business Update Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward- ...
Clearway Energy, Inc. Reports First Quarter 2025 Financial Results
Globenewswire· 2025-04-30 20:02
Strong quarterly operational performance with availability and capacity factors up YoY in all segmentsRepowering program accelerating with PPA signed at Mt. Storm and awarded PPA at Goat MountainSponsor-enabled growth continuing forward with 2025 projects initially funded and 2026 projects on trackProgressed growth by M&A also with Tuolumne closed and signed acquisition of California solar projectReaffirming 2025 financial guidanceIncreasing quarterly dividend by 1.7% to $0.4384 per share in Q2 2025, or $1. ...
Turbo Energy Partners with Chilean Utility Saesa to Expand Smart Battery Storage Systems in Latin America
Globenewswire· 2025-04-30 12:30
Core Insights - Turbo Energy S.A. has partnered with Saesa to expand smart battery systems in Chile, marking a significant step in its Latin American expansion [1][2] - The first joint project involves a smart battery energy storage system at Bayas del Sur, enhancing energy optimization and reducing fuel dependence [2][3] - The project features lithium batteries with 200 kW power and 880 kWh storage capacity, designed to support operations during peak demand and grid outages [3] Company Overview - Turbo Energy, founded in 2013, specializes in AI-optimized solar energy storage technologies, aiming to reduce dependence on traditional energy sources [5] - The company has launched Turbo Energy Solutions, focusing on photovoltaic generation, energy storage, and smart energy management in Latin America [4] - Turbo Energy's flagship product, the SUNBOX, is a high-performance solar energy storage system with EV charging capability [5]
Digital Utilities Ventures Finalizes Full Ownership of Technology Integration Subsidiary
Globenewswire· 2025-04-30 12:30
100% ownership of Easy Energy Systems Technologies, LLC supports DUTV’s platform unification and reinforces long-term value strategyMANKATO, Minn., April 30, 2025 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. (OTC: DUTV), now doing business as Easy Environmental Solutions Inc., a leader in regenerative agriculture and clean water technologies, today announced that it now holds 100% ownership of Easy Energy Systems Technologies, LLC, previously a majority-owned subsidiary. Energy Systems Technologies ...