In its upcoming report, Ormat Technologies (ORA) is predicted by Wall Street analysts to post quarterly earnings of $0.67 per share, reflecting a decline of 6.9% compared to the same period last year. Revenues are forecasted to be $257.89 million, representing a year-over-year increase of 11.8%.The current level reflects a downward revision of 3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their init ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]

Core Viewpoint - Clean Energy Technologies, Inc. (CETY) is updating its investment in a convertible bond issued by China Ruifeng Renewable Energy Holdings Limited, which is planning a significant investment in an artificial intelligence computing center project in China [1][2][3]. Investment Update - CETY has entered into a purchase agreement to acquire a portion of a convertible bond from China Ruifeng [2]. - China Ruifeng announced plans for a potential investment of approximately US$ 3.4 billion through its subsidiary Leading Win Resources Limited to develop a large-scale artificial intelligence computing center in Xuanhua District, Hebei Province, China [3]. Project Details - The project aims to develop an artificial intelligence computing center integrated with renewable power supply and energy storage infrastructure, targeting high-density computing workloads [4]. - Initial operations for the project are expected to launch in 2028, and it may include a grid-side energy storage facility utilizing lithium iron phosphate technology [4]. Company Positioning - CETY is not a party to the investment framework agreement and has not entered into any definitive agreements with China Ruifeng regarding the project [5]. - The company notes that such projects typically require advanced energy infrastructure solutions, aligning with CETY's technology focus and strategic objectives [5]. - CETY's experience in energy infrastructure development positions it to evaluate potential collaborations with Leading Win Resources Limited or its affiliates [5].

23 February 2026 | 4:00PM EST Equity Research Rising hyperscaler investment along with AI server deployment for both training and inference are driving upward revisions to our data center power demand outlook, in particular in the US. At the same time, industry and investor concerns are rising over: (a) whether industry execution can meet or exceed our revised outlook; and (b) whether rising hyperscaler reinvestment rates and projected falling corporate returns are moving the AI Innovation Cycle closer to t ...

Delivered 2025 CAFD at the top end of guidance, driven by the addition of 1.3 GW of new projects and strong operational availability across all technologies. Capitalized on surging hyperscaler and data center demand by signing approximately 2 GW of new PPAs in 2025, with several gigawatts of additional opportunities currently under discussion. Optimized the existing ERCOT portfolio by recontracting wind assets with hyperscalers, extending contracted life by up to 11 years at higher prices and more fav ...

Core Insights - PowerBank Corporation has been approved for up to $309,720 USD in incentives for its 2.6 MW Elmira Solar Power Project under the NYSERDA's NY-Sun Program [1] - The project could potentially receive an additional $545,107 USD through the Inclusive Community Solar Adder (ICSA) stream of the NY-Sun program [1] - The Elmira Project is expected to power approximately 325 homes annually and will operate as a community solar project [1] Company Overview - PowerBank Corporation is a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America [1] - The company has completed over 100 MW of projects and has a development pipeline exceeding 1 GW [1] - PowerBank focuses on developing solar and Battery Energy Storage System (BESS) projects that sell electricity to various off-takers [1] Industry Context - The NY-Sun Program aims to drive growth in the solar industry and make solar technology more affordable for New Yorkers [1] - New York State leads the U.S. in community solar capacity and has achieved a 6 GW solar goal as part of the New York State Climate Act [1] - The Elmira Project contributes to New York's target of reaching 10 GW of solar capacity by 2030 [1]

Financial Performance - The company reported adjusted EBITDA of $56.5 million, reflecting a 3% year-over-year increase, with operating margins maintained despite inflationary pressures due to disciplined cost management [1] - Consolidated energy production for full-year 2025 reached 810,731 MWh, a 6% increase from 764,756 MWh in 2024, attributed to the addition of the Punta Lima Wind Farm and improved hydrology in Peru and Ecuador [4] Regional Performance - The Canoa I solar facility in the Dominican Republic experienced a 2% decrease in output year-to-date, with curtailments totaling 3,500 MWh for the quarter and 5,900 MWh for the year [2] - Hydroelectric assets in Peru and Ecuador showed strong performance, with Peru's hydro output increasing by 12% and Ecuador's by 19% year-to-date compared to 2024, supported by favorable weather conditions [3] Shareholder Returns - The company announced a quarterly dividend of $0.15 per share, continuing a 10-year track record of consistent payments, totaling approximately $105 million returned to shareholders over that period [5] - In 2025, the company repurchased and canceled 169,800 common shares for about $1.5 million, with 80,000 shares repurchased in the fourth quarter for approximately $0.8 million [6] Cash Position and Debt Structure - The company entered 2025 with a consolidated cash position of $93.2 million, including restricted cash, and has a simplified debt structure following debt prepayments and the integration of Punta Lima [7] Production Outlook and Maintenance - Major maintenance at the San Jacinto facility was completed in 2026, with a consolidated production budget range for the year estimated at approximately 775–790 GWh, factoring in maintenance and curtailments [8] Growth Initiatives - The company is focusing on an energy storage system (ESS) project in Puerto Rico, with approvals moving forward after delays, and is also pursuing a small solar project acquisition [9][10] - In Puerto Rico, the company is participating in an RFP process for solar plus battery energy storage systems, with contracts expected to be signed by June [11] - In Mexico, the company signed an exclusivity agreement for access to approximately 1,000 MW of projects, with upcoming contracting pathways planned [12] Market Challenges and Solutions - The company anticipates curtailments in the Dominican Republic to be around 10,000 MWh this year, with a belief that energy storage solutions will be key to managing excess energy [14][15]

Core Insights - Mulilo has achieved financial closure for the 219MWdc Orkney solar PV facility in South Africa, marking a significant milestone in its strategy to enhance renewable energy generation [1][2] - The project, with an export capacity of 150MWac, is part of Mulilo's goal to deliver 1GW of new generation capacity annually, contributing to South Africa's energy transition [2] - The Orkney facility is expected to generate approximately 478 gigawatt-hours of clean electricity each year, supplying power to around 210,000 households and potentially reducing carbon dioxide-equivalent emissions by over 500,000 tons annually [4][5] Company Developments - The collaboration between Mulilo and Etana Energy has resulted in two financial closures within a year, highlighting the strength of their partnership [2][3] - Etana Energy has closed over 500MW of renewable energy projects in the past year, including the Orkney solar plant, which is more than double the size of their first project with Mulilo [3] - The Orkney facility will connect to the Jersey Distribution Substation via a newly constructed 24km overhead transmission line, ensuring seamless integration into the regional grid [5] Future Prospects - The facility is designed to incorporate battery energy storage systems in the future, which will enhance grid flexibility and energy dispatch capabilities [6] - Mulilo's CEO emphasized the importance of this project in strengthening South Africa's energy security and the growing role of private-sector generation in addressing the country's energy challenges [6][7]

Core Viewpoint - The Supervisory Board of "Ignitis grupė" has selected candidates for a new four-year term for the Management Board, expected to take office on March 26, 2026, ensuring continuity in the Group's strategy and leadership [1][8]. Group Management Board Composition - The new Management Board will consist of five members, including four current members and one new member with extensive experience in the energy sector [2]. - Darius Maikštėnas will continue as Chair of the Management Board and CEO, having led the transformation of "Lietuvos energija" into "Ignitis grupė," the largest listed company in the Baltic States, with financial results doubling and a threefold increase in renewable energy projects during his tenure [2]. - Jonas Rimavičius, the Group CFO, has overseen key strategic initiatives, including a successful IPO and green bond issuances, contributing to the Group's long-term growth strategy [3]. - Dr. Živilė Skibarkienė, Chief Organisational Development Officer, has led enterprise-wide transformation and digitalization efforts, earning the Group the "Top Employer" rating five times [4]. - Mantas Mikalajūnas, Chief Regulatory Officer, has nearly two decades of experience in the energy sector, overseeing regulated activities and government relations [5]. - Vytenis Koryzna, the new member, brings over a decade of experience in renewable energy and strategic leadership, previously serving as CEO of Detra Solar and Enefit Lithuania [6]. Selection Process - The selection process for the Management Board candidates was conducted by an external recruitment agency, with applications accepted until January 5, 2026, and candidates assessed based on their qualifications and experience [10]. Governance and Terms - The Management Board is elected for a four-year term, with the CEO also serving as the Chair of the Management Board, in accordance with corporate governance guidelines [8]. - The current term of the Management Board ends on March 25, 2026, and the second term of the current CEO, D. Maikštėnas, will conclude on February 28, 2027 [9].

Market Overview - The A-share market experienced a collective decline on February 13, with the Shanghai Composite Index falling by 1.26% to 4,082.07 points, the Shenzhen Component Index down by 1.28% to 14,100.19 points, and the ChiNext Index decreasing by 1.57% to 3,275.96 points, with a total trading volume of approximately 2 trillion yuan [10]. - In the Asia-Pacific market, the Hong Kong Hang Seng Index rose by 2.53% to 27,081.91 points, while the Hang Seng Tech Index increased by 3.34% to 5,395.35 points [10]. - The European market saw the FTSE 100 index decline by 0.02% to 10,684.74 points, and the DAX 30 index drop by 1.06% to 24,991.97 points [10]. - In the US market, the Dow Jones Industrial Average fell by 1.66% to 48,804.06 points, and the Nasdaq Composite decreased by 1.33% to 22,627.27 points [10]. International News - The US Trade Representative, Katherine Tai, continues to uphold a strong trade policy despite a Supreme Court ruling that limits the President's authority to impose large-scale tariffs [9]. - A severe winter storm in the northeastern United States has led to flight cancellations and delays, causing the US Congress to postpone initial votes until February 24 [9]. - There are reports that the US may conduct military strikes against Iran on February 23 or 24, amid ongoing negotiations [9]. Domestic News - The German Chancellor, Olaf Scholz, is scheduled to visit China from February 25 to 26 at the invitation of Chinese Premier Li Qiang [11]. - The National Energy Administration plans to implement a new energy system and sector-specific energy planning, focusing on major strategic projects and enhancing electric vehicle charging networks [11]. - The unicorn company "Kimi" has secured the highest financing amount in the large model industry over the past year, surpassing $1.2 billion, and has achieved rapid growth in revenue driven by a surge in global paid users and API calls [12]. Important Announcements - Luxshare Precision has repurchased 9.9006 million shares at a cost of nearly 500 million yuan [13]. - Donghong Co., Ltd. has won a bid for a 353 million yuan pressure steel pipe and accessories project [13]. - Shuangliang Energy has secured a 100 million yuan contract for an H-class combined cycle power plant project [13].