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Why Bloom Energy Stock Could Break to New Highs
MarketBeat· 2025-07-31 18:02
Bloom Energy Today BE Bloom Energy $37.63 +0.01 (+0.03%) 52-Week Range $9.02 ▼ One company that's been breaking out recently and giving investors plenty of reasons to expect further gains is Bloom Energy Corp. NYSE: BE. Unlike many traditional energy firms, Bloom Energy focuses on renewable, clean-energy solutions. With several upcoming catalysts on the horizon and oil prices widely anticipated to trend higher in the second half of 2025 amid ongoing geopolitical and economic uncertainty, renewables become a ...
How Florida Quietly Became A Solar Powerhouse
CNBC· 2025-07-31 16:01
Solar Energy Growth in Florida - Florida is experiencing a solar energy boom, catching up with Texas in utility-scale solar capacity [3][7] - Florida overtook California in new utility-scale solar capacity in 2024, adding over 3 gigawatts, enough to power around 600,000 homes [8] - Solar makes up roughly 9% of Florida's electricity mix [3] - From 2019 through 2024, Florida ranked number two behind California for the most rooftop residential solar panels installed each year [18][23] Factors Driving Solar Growth - The economics of solar are favorable, making it a cost-effective energy source [3][4][17][18] - A special rule in Florida allows solar farms under 75MW to skip lengthy state-level reviews, speeding up projects and lowering costs [10][24] - Florida Power and Light built over 70% of the state's new solar capacity in 2024 [10] - The Inflation Reduction Act offered a 30% tax credit for large-scale solar [13] Challenges and Risks - Florida still relies on natural gas for 74% of its power [5][19] - The "One Big Beautiful Bill" is phasing out federal tax credits for rooftop and utility-scale solar earlier than planned, raising costs [5][20][21][27] - There is high anti-renewables or anti-climate change sentiment, potentially leading to community opposition [6][24] - The early expiration of tax credits reduces the tax credits available for solar and wind assets [21]
X @Bloomberg
Bloomberg· 2025-07-31 12:45
Project Overview - Scotland approves what is projected to be the world's largest offshore wind farm project [1] Renewable Energy Sector - The approval signifies a major advancement in offshore wind energy [1] Geographical Implication - The wind farm's location in Scotland highlights the region's commitment to renewable energy development [1]
QNB announces voting results from annual and special meeting of shareholders, board and officer appointments
Thenewswire· 2025-07-31 12:30
Core Points - QNB Metals Inc. announced the approval of all matters set out in the Management Information Circular during the 2025 Annual and General Meeting of Shareholders held on July 30, 2025 [1][3] - A total of 18,758,131 shares were represented at the meeting, accounting for 40.12% of the Corporation's outstanding shares [2] - The meeting resulted in the approval of a Proposed Transaction, Change of Business, share consolidation, and name change [3] Director Elections - Four director nominees proposed by management were elected with significant support, including Mario Bouchard (90.41% approval), Mario Drolet (97.98%), Michael Mansfield (97.98%), and Maxime Lemieux (90.41%) [4] - Five post-transaction director nominees, including Andre Proulx, were also elected with 97.98% approval [4] - Andre Proulx has extensive experience in the oil and mining sectors, having led the discovery of oil deposits and raised significant equity for various companies [4] Management Changes - Byron D'Silva was appointed as Chief Financial Officer of the post-transaction company [5] - Mr. D'Silva has over 25 years of experience in financial reporting, audit, and risk management, previously working at KPMG and Royal Bank of Canada [6][7] Company Overview - QNB Metals is focused on exploring natural or white hydrogen in Ontario and Quebec, utilizing patent-pending detection technology [9] - The company also holds the Kingsville Salt Reservoir Project in Nova Scotia [9] - ReSolve, a private Canadian company, is involved in developing advanced biofuel and renewable energy technologies, including natural hydrogen resource exploration [10][11]
X @Bloomberg
Bloomberg· 2025-07-31 11:05
Making coal great again while choking off renewables will constrain the grid, @liamdenning says. That will raise costs and curtail America's AI ambitions (via @opinion) https://t.co/gCRDzRQdqg ...
X @Bloomberg
Bloomberg· 2025-07-31 08:08
Germany curtailed a record amount of solar and wind power in the first half of the year https://t.co/P3Qrb8l5rj ...
宁夏银行参展全国优强民营企业 助推宁夏高质量发展大会
Zhong Guo Jing Ji Wang· 2025-07-31 03:28
Group 1 - The National Conference on Promoting High-Quality Development of Strong Private Enterprises in Ningxia was held in Yinchuan from July 24 to 26, showcasing Ningxia Bank as a key participant in the region's investment projects [1] - Ningxia Bank aims to enhance local economic development through financial services, showcasing its advantages and financial practices during the conference [1] - The Chairman of Ningxia Bank, Wu Qiong, visited Longi Green Energy Technology Co., Ltd., emphasizing the importance of the company in the photovoltaic industry and its role in the development of the region's new energy sector [1] Group 2 - Ningxia Bank's leadership expressed a desire to deepen strategic cooperation with Longi Green Energy, focusing on equity investment and aligning with national strategies and local economic needs [1] - The Vice President of Ningxia Bank, Ni Guoliang, led discussions with Qi Anxin Technology Group and Tianjin Rongcheng Xiangtai Investment Holding Group, aiming to build mutually beneficial partnerships and enhance financial services [2] - The emphasis was placed on expanding cooperation and integrating industry and finance to inject new momentum into high-quality development for both parties [2]
四大证券报精华摘要:7月31日
Zhong Guo Jin Rong Xin Xi Wang· 2025-07-31 00:37
Group 1 - The National Development and Reform Commission is seeking public opinion on guidelines for government investment funds, aiming to enhance planning and prevent competition and crowding out of social capital [1] - The A-share market experienced fluctuations with the Shanghai Composite Index reaching a new high for the year, while the ChiNext Index fell over 1%, indicating mixed performance among major indices [1] - A total of 1,701 stocks in the A-share market rose, with over 50 stocks hitting the daily limit, while the market turnover reached 1.87 trillion yuan, showing a slight increase from the previous trading day [1] Group 2 - The life insurance industry is set to lower the guaranteed interest rates for various insurance products, with ordinary and participating insurance rates dropping to 2.0% and 1.75% respectively, effective by August 31 [2] - The mid-year dividend distribution trend in the Shanghai Stock Exchange remains strong, with 12 companies already proposing mid-year dividends totaling over 4.3 billion yuan [3] - The gaming industry is experiencing increased user activity and revenue, with several companies expected to report significant profit growth in their half-year results [3] Group 3 - The Chinese innovative pharmaceutical industry is transitioning from "follow-up innovation" to "global leadership," with a record number of new drug approvals and significant valuation improvements for domestic companies [4] - A trend of A-share companies listing in Hong Kong is emerging, with over 40 companies having submitted applications, and potential new minimum market capitalization requirements being discussed [5] - The A-share market's financing balance reached 1.968 trillion yuan, the highest since July 2015, with significant net buying concentrated in technology sectors [6] Group 4 - A surge in multi-crystalline silicon futures prices was observed due to acquisition rumors in the photovoltaic industry, prompting regulatory adjustments to trading limits [7] - The tourism market is seeing a rise in demand for summer vacation trips, with a 47% increase in searches for "cooling trips" since July [8] - CATL reported a 33.3% increase in net profit for the first half of 2025, with total revenue of 178.89 billion yuan and a cash dividend plan of 10.07 yuan per share [9]
X @Bloomberg
Bloomberg· 2025-07-30 16:01
Actor Samuel L. Jackson joined a campaign by Swedish energy company Vattenfall to promote offshore wind farms, marking the latest area of disagreement between the Pulp Fiction star and Donald Trump https://t.co/lgslaQDjtu ...
X @Bloomberg
Bloomberg· 2025-07-30 04:12
Renewable Energy Transition - New Zealand aims to double geothermal energy usage by 2040 to support its shift to renewable electricity [1]