Financial Data and Key Metrics Changes - For Q4 2024, revenue was $7.3 million, which is 10% higher than the prior year and 8 times the most recent sequential quarter [68] - Full year revenue was $15.6 million, slightly down from $16.4 million in 2023, primarily due to Q3 cube availability issues [72] - The net loss attributable to shareholders in 2024 was $685 million, significantly impacted by mark-to-market adjustments on fair valued debt [75] Business Line Data and Key Metrics Changes - The commercial pipeline stood at $14.4 billion, reflecting a 9% year-over-year improvement, representing 55 gigawatt hours of storage [45] - The backlog as of December 31 was $682 million on 2.6 gigawatt hours of storage, with significant wins in standalone storage projects [53] - Year-over-year lead generation increased by 50%, with $3.4 billion added in Q4 alone [48] Market Data and Key Metrics Changes - The company is seeing a 25% CAGR over the next 10 years for long-duration energy storage, indicating strong market growth [14] - The average deal size has grown by 28%, with a 122% increase in five-plus duration projects [49] - The company is focusing on international markets, including the UK, Latin America, Germany, and Italy, as growth areas [52] Company Strategy and Development Direction - The company is scaling operations to meet high growth demands and is focusing on building smaller facilities closer to customer demand to reduce logistics costs [34][113] - A strategic shift is underway to build capacity proactively in response to increasing project sizes and durations [29][111] - The company aims to enhance its competitive advantage through multi-cycle capabilities and lower operating costs [54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth potential of the energy storage market, driven by increasing energy demand and the need for reliable power solutions [12][14] - The company is navigating an uncertain regulatory environment but believes its American-made products will provide a competitive edge [15][17] - Management reiterated guidance for 2025 revenue between $150 million to $190 million, indicating a tenfold increase from the previous year [79] Other Important Information - The company has completed a significant processing controls documentation project and is now SOX compliant, addressing previous material weaknesses [63] - The company ended the year with $103 million in cash, bolstered by successful funding efforts [64] - The company is actively working on subassembly automation to improve production efficiency and reduce costs [25][40] Q&A Session Summary Question: What is the potential revenue cadence for the year? - Management indicated that both backlog composition and subassembly automation will influence revenue growth, with expectations for a ramp-up in the second and third quarters [90][92] Question: How are discussions with customers affected by the tariff environment? - Management noted that while tariffs are a consideration, the focus is primarily on the levelized cost of storage and the flexibility of the EOS technology [94][100] Question: Can you comment on the supply chain status for enclosures? - Management confirmed that multiple suppliers are being utilized to diversify the supply chain, which is essential for scaling production [104][106] Question: Can you provide more details on backlog growth? - Management stated that the backlog includes a significant portion of standalone storage projects and will provide metrics on segmentation in the future [108] Question: What is driving the proactive capacity building? - Management highlighted the increasing size of projects and the need for strategic capacity investments to meet customer demand [111][113]

Financial Data and Key Metrics Changes - Total revenues for 2024 were $879.7 million, marking growth of 6.1% year over year, while revenue for the fourth quarter was $230.7 million, down 4.4% year over year [13][14] - Adjusted EBITDA for the full year 2024 was $550.5 million, an increase of 14.3% compared to 2023, with fourth quarter adjusted EBITDA results at $145.5 million, an increase of 4.6% year over year [16][17] - Net income attributable to stockholders for the full year 2024 was $123.7 million or $2.04 per diluted share, compared to $124.4 million or $2.08 per diluted share in the previous year [15][16] Business Segment Data and Key Metrics Changes - Electricity segment revenue for the fourth quarter decreased by 2.1% to $180.1 million, while for the full year, it increased by 5.3% to $702.3 million [18][19] - Product segment revenue declined by 21.4% to $39.6 million during the fourth quarter, but grew by 4.4% to $139.7 million for the full year [19] - Energy Storage segment revenue increased by 56.7% in the fourth quarter and by 30.6% to $37.7 million for the full year [19] Market Data and Key Metrics Changes - The gross margin for the Electricity segment was 34.9% in the fourth quarter and 34.6% for the full year, impacted by curtailments in the U.S. and Kenya [20] - The Energy Storage segment reported gross margin of 9.5% and 10.9% during the fourth quarter and full year respectively, marking significant improvement [22] Company Strategy and Development Direction - The company aims to reach a portfolio capacity target of 2.6 to 2.8 gigawatts by the end of 2028, with a capacity CAGR of 14% to 16% driven by strong U.S. market demand [39][45] - The company is focusing on securing new PPAs and transitioning its Storage segment to a more predictable portfolio with stronger profitability [38][45] Management's Comments on Operating Environment and Future Outlook - Management expects total revenue in 2025 to be negatively impacted by $10 million to $15 million in the U.S. due to ongoing curtailments [21] - The company anticipates growing demand for renewable energy, particularly for AI data centers, and is confident in achieving improved project returns through higher PPA pricing [46][45] Other Important Information - The company plans to invest approximately $570 million in capital expenditures for 2025, with $355 million allocated to the electricity segment and $200 million for storage assets [29][30] - The company has approximately $667.1 million of total available liquidity as of the end of 2024 [29] Q&A Session Summary Question: How should we think about electricity generation expectations for the Electricity segment in the portfolio embedded in the '25 guide? - Management indicated that generation expectations for 2025 may see a modest increase, with potential for double-digit growth in 2026 as new projects come online [50][52] Question: Can you comment on the increase in exploration and preliminary drilling activities? - Management explained that they are focusing on increasing exploration activities and have changed their approach to drilling, which is expected to accelerate portfolio growth over the next few years [57][58] Question: What is the expected contribution from the $210 million contract for the New Zealand project in 2025? - Management stated that revenue from the New Zealand project will be spread across several years, with significant contributions expected in 2025 [73][75] Question: Can you provide an update on the MOU with SLB for developing geothermal assets? - Management highlighted the importance of the MOU, which aims to leverage SLB's drilling expertise and customer base to develop geothermal projects [99][101] Question: What is the margin outlook for the Energy Storage segment in 2025? - Management expects margins for the Energy Storage segment to be between 15% to 20% for the full year, with specific projects contributing to higher margins in certain quarters [92][93]

颍河能源科技产业园项目总投资5.54亿元 ，具体项目包括： 200MW/400MWh站房式独立共享储能电站： 本项目投运后，每次充放电量可达40万度，能满 足约5万户家庭一天的用电需求，可有效缓解高峰供电压力，促进新能源电量消纳，实现削峰 填谷，对改善当地电网电源结构，推动储能产业发展和可再生能源的高效开发利用起到积极作 用，为区域电网提供稳定高效的储能解决方案。 2025年1月15日，河南省漯河市召陵区沙河畔迎来重大发展里程碑，颍河能源科技产业园项目 正式开工。 智能生产线建设： 投资2亿元，涵盖储能设备配套的智能五金制造、BMS、PCS、EMS智能微 电子控制设备制造，以及储能液冷设备和PACK生产线。 高端储能电池顶盖壳体及周边配套产品： 投资1.5亿元，建设智能化产线和金属件研发实验 室。项目达产后，预期年生产销售2GWh大型储能设备和5GWh储能电池顶盖壳体及周边产 品。预计年销售总额将达到13亿元，年度缴税额超过3000万元。 （ 来源：颍河能源 ） 圆柱电池巡访： ☆走进国轩高科 ☆走进利维能 ☆走进诺达智慧 ☆走进中泽科技 ☆走进苏州力神 ☆走进睿恩新能源 ☆走进天鹏电源 ☆走进中比新能 源 ...

Filed with the Securities and Exchange Commission on May 23, 2024 Registration No. 333-279223 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ZOOZ Power Ltd. (Exact Name of Registrant as Specified in Its Charter) State of Israel 3590 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number ...

Filed with the Securities and Exchange Commission on May 8, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ZOOZ Power Ltd. (Exact Name of Registrant as Specified in Its Charter) State of Israel 3590 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) ZOOZ Power Ltd. 4B Ha ...