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Gevo to Report Second Quarter 2025 Financial Results on August 11, 2025
Globenewswire· 2025-07-24 13:00
Group 1 - Gevo, Inc. will host a conference call on August 11, 2025, at 4:30 p.m. ET to report its financial results for Q2 2025 [1] - Participants can register for the live call through a provided weblink and will receive a dial-in number and pin after registration [1] - A webcast replay of the conference call will be available two hours after it ends, accessible in the Investor Relations section of Gevo's website [2] Group 2 - Gevo is a diversified energy company focused on producing cost-effective, drop-in fuels that enhance energy security and support rural economic growth [3] - The company operates one of the largest dairy-based renewable natural gas facilities in the U.S. and an ethanol plant with a carbon capture and sequestration facility [3] - Gevo owns the world's first production facility for specialty alcohol-to-jet fuels and employs a market-driven approach to ensure value delivery to local economies [3]
SolarBank Announces Name Change to PowerBank Corporation
Prnewswire· 2025-07-24 12:00
Core Viewpoint - SolarBank Corporation is changing its name to PowerBank Corporation to better reflect its strategic focus on providing power solutions that extend beyond solar energy, aligning with the growing digital economy [1] Group 1: Name Change Details - The name change will take effect on July 28, 2025, with common shares trading under the new name from that date [2] - The name change does not involve a consolidation of share capital, and shareholders will not need to exchange existing share certificates [3] - The name change was approved by shareholders at a special meeting on July 23, 2025 [4] Group 2: Company Overview - PowerBank Corporation focuses on renewable and clean energy project development, particularly in distributed and community solar projects across Canada and the USA [5] - The company has a development pipeline exceeding one gigawatt and has completed renewable energy projects with a total capacity of over 100 megawatts [5]
Sunrun and Tesla Launch Home Energy Plan to Cut Costs and Boost Backup Power for Texans
Globenewswire· 2025-07-24 12:00
Core Viewpoint - Sunrun and Tesla Electric have launched a new home energy plan in Texas that combines solar energy production, battery storage, and a customized electricity retail plan to provide lower rates and enhanced energy independence for homeowners [1][2][4]. Group 1: Partnership Overview - The Tesla Electric + Sunrun Flex plan offers a low, fixed electricity rate and competitive sellback rates for excess solar energy [2]. - This partnership aims to simplify the energy experience for Texas residents by providing a comprehensive solution that aligns solar production and battery management with tailored electricity offerings [3][5]. Group 2: Customer Benefits - Key benefits include predictable monthly payments, managed settings for electric rates and battery usage, and seamless customer service integration between Sunrun and Tesla [7]. - Customers can earn rollover credits for using less energy than their baseline, which can be applied to future months [7]. - The plan includes a performance guarantee with 24/7 system monitoring, free maintenance, and battery health assurances [7]. Group 3: Market Context - Texas has a complex electricity market with over 100 retail providers, making it challenging for homeowners to optimize solar and storage solutions [3]. - The collaboration between Sunrun and Tesla aims to address these challenges by providing a clear and effective energy solution [4].
X @Bloomberg
Bloomberg· 2025-07-24 10:10
India issued guidelines to protect solar power equipment from potential cyberattacks, responding to industry concerns that imported China-made parts may be putting the grid at risk https://t.co/y2iuTUaGVD ...
Meta Platforms Is Helping Power This 6%-Yielding Dividend Stock's Continued Growth
The Motley Fool· 2025-07-24 09:12
Group 1: Meta Platforms' AI Ambitions - Meta Platforms is investing billions into computing power and recruiting top AI talent to become a leader in artificial intelligence [1] - The company plans to invest hundreds of billions in massive data centers for superintelligence, with some facilities scaling up to 5 gigawatts [3] - Meta aims to achieve net-zero emissions by 2030, necessitating a shift towards clean energy sources [4] Group 2: Partnership with Enbridge - Meta signed a long-term contract to purchase 100% of the electricity from Enbridge's Clear Fork solar project, which will produce 600 megawatts of power by mid-2027 [5][6] - Enbridge is investing $900 million in the Clear Fork project, which will enhance its cash flow and earnings per share starting in 2027 [6] - The partnership supports both companies' growth, with Meta advancing its clean energy goals and Enbridge securing a long-term customer [10] Group 3: Enbridge's Growth and Renewable Projects - Enbridge has $28 billion Canadian ($20.6 billion) in commercially secured growth capital projects, expected to enter service through 2029 [7] - The company is pursuing approximately CA$7 billion ($5.1 billion) in renewable projects as part of a CA$50 billion ($36.7 billion) energy infrastructure development pipeline [8] - Enbridge forecasts annual cash flow per share growth of 3% through next year and approximately 5% thereafter, supporting its dividend growth [9]
This Magnificent Dividend Stock Continues to Deliver Powerful Growth
The Motley Fool· 2025-07-24 07:47
Core Viewpoint - NextEra Energy has demonstrated strong financial performance and growth potential, supported by its commitment to renewable energy and consistent dividend increases over the years [1][11]. Financial Performance - NextEra Energy reported a 9.4% year-over-year increase in adjusted earnings per share for the second quarter [3]. - The Florida Power & Light (FPL) segment generated $1.3 billion ($0.62 per share) in net income, reflecting a 3.3% increase year over year, aided by $2 billion in capital spending [4]. - The energy resources segment achieved nearly $1.1 billion ($0.53 per share) in adjusted net income, rising over 25% year over year, driven by new investments in renewable energy [5]. Growth Outlook - The company targets 6% to 8% annual adjusted earnings per share growth from 2024 through 2027 and anticipates about 10% annual dividend growth through at least next year [6]. - NextEra's energy resources segment added 3.2 GW of new projects to its backlog, totaling nearly 30 GW, indicating strong future growth potential [7]. Renewable Energy Demand - The demand for renewable energy, particularly from technology and data center customers, is a significant driver of growth, with over 1 GW of new projects added in the second quarter [8]. - NextEra is positioned to produce more than 10.5 GW of renewable power for the technology sector, which is substantial compared to many large power companies [9]. Long-term Industry Position - Forecasts indicate a surge in U.S. electricity demand in the coming decades, and NextEra Energy is well-positioned to capitalize on this trend due to its scale, expertise, and financial strength [10].
X @Bloomberg
Bloomberg· 2025-07-24 07:44
The UK will allow offshore wind farm developers to charge more for their power https://t.co/c7CYSKxswJ ...
Chief Executive Officer of Ignitis Renewables has been appointed
Globenewswire· 2025-07-24 06:00
AB "Ignitis grupė" (hereinafter – the Group) informs that on 23 July 2025 the Board of its subsidiary UAB "Ignitis renewables" (hereinafter – Ignitis Renewables) appointed the Chief Executive Officer (hereinafter – CEO) of Ignitis Renewables. The position will be assumed by Frank Oomen, a senior executive with a strong track record in renewables. The new Ignitis Renewables CEO is starting his five-year term from 1 September 2025. The new CEO has over 15 years of leadership experience in various energy compa ...
X @Elon Musk
Elon Musk· 2025-07-23 20:20
RT Tesla (@Tesla)Q2 2025 was a seminal point in Tesla’s history: the beginning of our transition from leading the electric vehicle and renewable energy industries to also becoming a leader in AI, robotics & related services (hi @robotaxi)We officially launched our Robotaxi service in Austin in June, with our camera-only architecture with neural networks trained on data from our global fleet of millions of vehicles.Q2 HighlightsNorth America– Test drives in North America are up 20% sequentially (as you know, ...
X @Bloomberg
Bloomberg· 2025-07-23 15:58
Clean Energy Projects - NextEra has started construction on new clean energy projects [1] - The projects are expected to qualify NextEra for tax credits [1] - These tax credits are being phased out under President Donald Trump's new tax-and-spending bill [1]