近日，星辰新能完成超3亿元人民币A轮融资。本轮投资方包括中信建投资本、四川省绿色低碳产业基 金、长石投资及绍兴星辉基金。据星辰新能介绍，本轮融资完成后，公司将继续加大在全钒液流技术的 研发和交易运营系统平台的建设，强化电站运营能力。重点推进交易型混储电站的模式在更多区域的落 地应用。 ...

Core Insights - Ormat Technologies reported strong financial results for Q3 2025, with total revenues increasing by 17.9% year-over-year to $249.7 million, driven by significant growth in the Product and Energy Storage segments [2][3][6] - The company experienced a 9.3% increase in net income attributable to stockholders, reaching $24.1 million, and an 8.3% rise in diluted EPS to $0.39 [2][6] - Ormat's strategic partnerships and portfolio expansion are expected to enhance its market position and drive future growth, particularly in Enhanced Geothermal Systems (EGS) [4][5][7] Financial Performance - Total revenues for Q3 2025 were $249.7 million, up from $211.8 million in Q3 2024, marking a 17.9% increase [2] - The Product segment saw a remarkable revenue increase of 66.6%, while the Energy Storage segment's revenues surged by 108.1% compared to the previous year [2][6] - Gross profit for the quarter was $64.0 million, an 8.8% increase from $58.9 million in Q3 2024, with a gross margin of 25.6% [2][6] Segment Performance - Electricity segment revenues increased by 1.5% to $167.1 million, benefiting from the acquisition of the Blue Mountain power plant and improved performance at the Dixie Valley facility [2][6] - The Product segment's backlog reached approximately $295 million, supported by a new contract signed in Q3 2025 [6][7] - The Energy Storage segment's revenue growth was attributed to new facilities coming online and higher merchant prices in the PJM market [6][7] Strategic Initiatives - Ormat announced a strategic collaboration with SLB to accelerate the development of Enhanced Geothermal Systems, aiming to meet the growing demand for clean energy [4][5] - The company signed a 25-year extension to its existing Power Purchase Agreement (PPA) with the Southern California Public Power Authority for 52MW from the Heber 1 geothermal facility [7] - New Geothermal Exploration and Energy Conversion Agreements were signed with the Indonesian utility PLN, covering up to 20 MW of geothermal capacity [7] Guidance and Outlook - The company updated its 2025 guidance, projecting total revenues between $960 million and $980 million and adjusted EBITDA between $575 million and $593 million [7] - Ormat expects continued demand growth driven by data centers and favorable regulatory developments, reinforcing confidence in achieving long-term growth and earnings targets [5][7]

Funds managed by Apollo agreed to invest $6.5 billion in Ørsted's Hornsea 3, the world’s largest offshore wind project https://t.co/96QNDeTnJ5 ...

Core Viewpoint - Orsted has agreed to sell a 50% stake in the Hornsea 3 offshore wind farm in Britain for 39 billion Danish crowns ($6.09 billion), which is seen as a significant step to secure financial stability and support future investments in renewable energy projects [1] Group 1: Transaction Details - The sale involves a 50% stake in the Hornsea 3 offshore wind farm [1] - The transaction is valued at 39 billion Danish crowns, equivalent to approximately $6.09 billion [1] Group 2: Strategic Implications - This move is considered crucial for Orsted to prevent potential financial strain and to enhance its capacity for future investments in the renewable energy sector [1]

Core Insights - Apollo has agreed to invest $6.5 billion for a 50% stake in Ørsted's Hornsea 3, the world's largest offshore wind project, which includes funding for half of the remaining construction costs [1][2][3] Investment Details - The Hornsea 3 project will have a capacity of 2.9GW, enough to power over 3 million UK households with renewable energy [2][3] - The investment structure includes an initial $3.25 billion upon closing, with the remaining $3.25 billion to be funded as the project meets construction milestones [3][4] Partnership Dynamics - Ørsted will manage the construction and provide long-term operations and maintenance services for Hornsea 3 [2][3] - Apollo's expertise in infrastructure and capital solutions is a key factor in Ørsted's decision to partner with them [4] Previous Investments - Apollo has a history of significant investments in European energy infrastructure, including a €3.2 billion investment in the German energy grid and a £4.5 billion commitment to EDF's Hinkley Point C nuclear power plant [5] Financing Structure - The senior financing for the Hornsea 3 project is led by Apollo-managed entities, with underwriting support from major banks including BNP Paribas and ING Bank [4]

Core Viewpoint - Apollo has announced a $6.5 billion investment for a 50% stake in Ørsted's Hornsea 3, the world's largest offshore wind project, which will significantly contribute to renewable energy generation in the UK [1][2][3] Investment Details - The $6.5 billion investment includes both the acquisition price for the 50% interest in the joint venture and a commitment to fund 50% of the remaining construction costs [1] - Upon completion, Hornsea 3 will have a capacity of 2.9GW, enough to power over 3 million UK households [2] - The investment is expected to close before the end of 2025, with approximately $3.25 billion to be invested upon closing and the remaining amount to be funded as the project progresses [3][4] Strategic Importance - Ørsted views Apollo as a valuable partner due to its ability to provide long-term, comprehensive equity and financing solutions for large-scale infrastructure projects [4] - The partnership is expected to enhance energy security and support the UK's net zero ambitions [3] Recent Activities - This investment follows a series of large-scale capital solutions provided by Apollo for European energy infrastructure, including a €3.2 billion investment in the German energy grid and a £4.5 billion financing commitment for EDF's Hinkley Point C nuclear power plant [5]

DEME announced today that an ownership realignment has taken place among the shareholders in the ScotWind project. As a result, DEME Concessions and Aspiravi International have become joint owners of the Bowdun Offshore Wind Farm. This strategic realignment is designed to streamline operations and leverage the strengths of the partners in their respective areas of expertise. Attachment P2025 DEME ScotWind project 20251103 ENG ...

PETROENERGY Resources Corp., a subsidiary of listed PetroEnergy Resources Corp., said that unit Bugallon Green Energy Corp. had signed an P826-million loan facility with Rizal Commercial Banking Corp. (RCBC) to fund the development of a solar project in Bugallon, Pangasinan. In a statement, the company said proceeds from the omnibus loan and security arrangement would fund the 25.01 megawatt-direct current (MWdc) Bugallon solar power project in Pangasinan.RCBC Executive Vice President Elizabeth Coronel said ...

Core Viewpoint - Revolve Renewable Power Corp. has increased the size of its brokered private placement due to strong investor demand, aiming to raise up to $3,039,973 through the issuance of up to 15,999,857 units at a price of $0.19 per unit [1] Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with warrants exercisable at $0.40 for 24 months [1] - The offering is expected to close on or about November 6, 2025, subject to regulatory approvals [4] Use of Proceeds - Net proceeds from the offering are intended for advancing late-stage projects in the company's portfolio and for working capital purposes [3] Company Overview - Revolve was established in 2012 to meet the growing demand for renewable energy, focusing on utility-scale wind, solar, hydro, and battery storage projects across North America [6] - The company has developed and sold over 1,550 MW of renewable energy projects and is targeting 5,000 MW of utility-scale projects under development [7] Regulatory Compliance - The units will be offered under applicable exemptions from prospectus requirements in Canada and the United States [2]

Financial Data and Key Metrics Changes - Genie Energy reported a record-high third-quarter revenue of $138.3 million, a 24% increase year-over-year, driven by sales at its retail supply business, GRE [10] - Diluted EPS decreased to $0.26 from $0.38 year-over-year, reflecting margin pressures from rising commodity prices [4][13] - Consolidated gross profit decreased 21% to $30 million, with gross margin dropping from 33.9% to 21.7% [11][12] - Adjusted EBITDA decreased 40% to $8.2 million, with GRE's adjusted EBITDA also declining [12][13] Business Line Data and Key Metrics Changes - GRE's revenue increased 25% to $132.4 million, with electricity revenue up 26% to $126.6 million, contributing 96% of GRE's revenues [10][11] - The customer base at GRE grew to approximately 318,000 RCEs, a year-over-year increase of 5.4% [6] - GREW's revenue slightly decreased to $6 million, impacted by declines in other business lines despite growth in Diversegy [11][8] Market Data and Key Metrics Changes - The cost of electricity per kilowatt-hour increased 20% year-over-year, while the cost per therm of gas surged 137% [12] - The increase in fixed-price contracts in the retail book has led to lower margins, particularly from a large municipal aggregation deal [5] Company Strategy and Development Direction - The company continues to prioritize the acquisition of high-consumption electric meters and expects margin conditions to improve in Q4 and into 2026 [5][6] - Genie Energy is focusing on growth initiatives in its renewable segment, with projects like Genie Solar's Lansing community solar project expected to generate revenue soon [6][8] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging market conditions affecting margins but expressed confidence in navigating through margin cycles [5][15] - The company expects to achieve the lower end of its annual guidance range of $40-$50 million in adjusted EBITDA for 2025 [9][15] Other Important Information - The company repurchased approximately 124,000 shares for $2 million and paid a quarterly dividend of $0.075 per share [9][14] - Cash and cash equivalents totaled $206.6 million as of September 30, 2025, an increase from the previous quarter [13] Q&A Session Summary - No questions were asked during the Q&A session, and the call concluded without further inquiries [16]