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Aemetis to Benefit From EPA’s Approval of 15 Percent Ethanol Blend
Globenewswire· 2025-04-29 12:00
Consumers are expected to save up to $0.20 per gallon at the pump "The EPA's action allowing nationwide E15 sales to continue is a significant step toward increasing the demand for ethanol and has broad support for permanent approval from the President, as well as numerous members of Congress," stated Eric McAfee, Chairman and CEO of Aemetis. "Permanent national approval of E15 would allow the demand for ethanol to grow as consumers nationwide benefit from lower-cost, domestic, renewable fuel that lowers th ...
深圳气候投融资项目融资需求总规模超638亿元
Sou Hu Cai Jing· 2025-04-29 11:47
Core Insights - The event "Government-Finance-Enterprise Synergy for a Zero-Carbon Future" was held to promote climate investment and financing in Shenzhen, highlighting the collaboration between the People's Bank of China Shenzhen Branch and the Shenzhen Ecological Environment Bureau [1] - As of March 2025, Shenzhen's green loan balance reached 1.27 trillion yuan, with over 720 billion yuan in green bonds issued, ranking among the top in first-tier cities [1] - A total of 293 climate investment projects have been included in the project library, with a total financing demand exceeding 63.8 billion yuan [1] Group 1: Financial Support Mechanisms - The People's Bank of China Shenzhen Branch utilizes technological innovation and financial tools such as re-loans for technological upgrades and carbon reduction support tools to aid green low-carbon transitions [3] - The Shenzhen Ecological Environment Bureau offers financial support of up to 1 million yuan for eligible climate investment projects, covering 50% of financing costs [3] - Local departments provide additional support through credit risk sharing and tax incentives for qualifying climate investment projects [3] Group 2: Project Financing and Collaboration - Nine banks, including Industrial and Commercial Bank of China, signed financing agreements with nine companies based on the "carbon reduction loan" model, while seven banks engaged in concentrated signing with seven companies for "green climate loan series products" [1] - The on-site financing agreements reached an intended amount exceeding 1.7 billion yuan [1] - Project roadshows were conducted by companies such as Shenzhen Zhongjieneng Renewable Energy Co., Ltd., with financing advice provided by experts from various financial institutions [3][4] Group 3: Future Directions - The Shenzhen Ecological Environment Bureau plans to continue advancing climate investment financing through financial model innovation, information disclosure, and supportive policies [4] - The efforts have received recognition from national ministries, indicating a strong governmental backing for green finance initiatives [4]
Comstock to Host First Quarter 2025 Earnings and Business Update Call
Globenewswire· 2025-04-29 10:30
VIRGINIA CITY, Nev., April 29, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) is pleased to announce that the Company’s Executive Chairman & CEO, Corrado De Gasperis, and COO, William McCarthy will be providing an overview of recent financial results and current business updates on Thursday, May 8, 2025, at 4:30pm ET. We invite all investors and other interested parties to register for the webinar at the link below. Date: Thursday, May 8, 2025Time: 4:30pm ETRegister: Webi ...
CHINA DAILY丨Solar, wind together beat coal capacity in Q1
国家能源局· 2025-04-29 06:59
A wind farm seen in Hulunbuir, Inner Mongolia autonomous region. WANG ZHENG/FOR CHINA DAILY China's combined installed capacity of wind and solar power surpassed that of coal power for the first time by the end of the first quarter, marking a significant milestone in the country's energy transition, the National Energy Administration said. As of end-March, the installed capacity of wind power and solar power nationwide increased by 17.2 percent and 43.4 percent year-on-year, respectively, with the combined ...
DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2025
Globenewswire· 2025-04-29 05:45
Core Insights - Dovre Group's operating results for Q1 2025 were lower than expected, primarily due to margin reductions in a solar park project in Finland [9][18] - The company completed the sale of its Project Personnel and Norwegian Consulting businesses, resulting in a profit from discontinued operations [3][21] - The outlook for 2025 indicates a slight decline in net sales but a significant improvement in operating profit [6] Financial Performance - Net sales for Q1 2025 were EUR 14.0 million, unchanged from the same period in 2024, with a 0.7% increase in Renewable Energy sales and an 11.9% decrease in Consulting sales [7][15] - EBITDA for the period was EUR -2.9 million, while the operating profit was EUR -3.2 million, showing improvements from the previous year [17][18] - The result before tax was EUR -3.5 million, with a total profit attributable to the parent company's shareholders of EUR 4.9 million, largely due to discontinued operations [20][22] Business Segments - The Renewable Energy segment accounted for 97% of net sales, with a slight increase in sales to EUR 13.6 million [15] - The Consulting segment's sales decreased to EUR 0.4 million, impacted by the termination of customer agreements and a slower market [14][15] - The operating profit for Renewable Energy was EUR -2.8 million, while Consulting reported a break-even result [18] Strategic Developments - The company is focusing on renewable energy projects, including a significant 100 MWp solar park project in Finland and a wind farm project in Sweden [10][33] - Dovre Group has initiated management changes in its subsidiary Suvic Oy following significant losses in Swedish projects [11][40] - The company has also made a capital contribution to its Swedish subsidiary to ensure operational stability [12] Personnel and Cash Position - The average number of employees increased to 242, with a total of 274 employees as of March 31, 2025 [24][25] - The Group's net debt was EUR -9.5 million, with cash and cash equivalents totaling EUR 15.5 million [26][27] - Net cash flow from operating activities was EUR -10.2 million, reflecting an increase in working capital [29] Project Business Impact - The sale of businesses has led to a significant reduction in operations, with a strong focus on project-based construction in renewable energy [30] - The project nature of the business increases cyclicality and requires various collateral arrangements, with guarantees totaling approximately EUR 28.8 million [31][32]
Dovre Group: Final purchase price of the sold businesses
Globenewswire· 2025-04-29 05:44
Group 1 - Dovre Group Plc completed the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB for a final purchase price of EUR 36.4 million, which is an increase from the preliminary price of EUR 35.3 million [2][3] - The transaction resulted in a profit of EUR 7.0 million from discontinued operations recorded in the first quarter of 2025 after deducting transaction-related costs [3] - The Extraordinary General Meeting held on 16 December 2024 approved the sale, which was finalized on 2 January 2025 [2] Group 2 - Dovre Group is involved in renewable energy project development and construction in the Nordic countries, focusing on wind, solar, battery energy storage systems, and heat pump facilities [3] - The company reported net sales of EUR 99.3 million in 2024 and employs approximately 200 people [3]
九州通成立光伏发电新公司
news flash· 2025-04-29 03:40
企查查APP显示,近日,泸州卓英堂光伏发电有限公司成立,法定代表人为苏熙凌,注册资本50万元, 经营范围包含:太阳能发电技术服务;太阳能热发电产品销售;节能管理服务等。企查查股权穿透显 示,该公司由九州通(600998)间接全资持股。 ...
Ebang International Reports Financial Results for Fiscal Year 2024
Globenewswire· 2025-04-28 20:20
SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), today announced its financial results for the fiscal year ended December 31, 2024. Operational and Financial Highlights for Fiscal Year 2024 Total net revenues in the 2024 fiscal year increased by 20.9% to US$5.9 million, from US$4.9 million in the 2023 fiscal year. Gross profit in the 2024 fiscal year was US$1.2 million, compared to a gross loss of US$16.7 million in the 2023 fiscal ...
Clearway Signs 335 MW Power Purchase Agreement with Microsoft
Globenewswire· 2025-04-28 20:05
Core Insights - Clearway Energy Group has signed a long-term power purchase agreement with Microsoft for the 335 MW Mount Storm wind farm in West Virginia, aimed at supporting Microsoft's sustainability and decarbonization goals by generating carbon-free energy [1][2] Company Overview - Clearway Energy Group's vision is to create a world powered by clean energy, with a portfolio of approximately 11.8 GW of gross generating capacity across 26 states, including 9.1 GW from wind, solar, and battery energy storage assets [3][4] - The company is one of the largest owners of clean energy generation assets in the U.S., focusing on providing stable and growing dividend income through its diversified and primarily contracted clean energy portfolio [4] Project Impact - The Mount Storm project will utilize American-made equipment and is expected to deliver significant investment to the local community, including millions of dollars in tax revenue, hundreds of construction jobs, and funding for community benefit programs [3]
Plug Power shares pop on strong preliminary Q1 results
Proactiveinvestors NA· 2025-04-28 15:44
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive adopts technology enthusiastically, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]