6 July 2025 | 10:10PM EDT Americas Clean Energy Brian Lee, CFA +1(917)343-3110 | brian.k.lee@gs.com Goldman Sachs & Co. LLC Carly Davenport +1(212)357-1914 | carly.davenport@gs.com Goldman Sachs & Co. LLC Nick Cash +1(212)357-6372 | nick.cash@gs.com Goldman Sachs & Co. LLC Tyler Bisset, CFA +1(212)357-5510 | tyler.bisset@gs.com Goldman Sachs & Co. LLC House passes tax bill maintaining Senate provisions for clean energy On July 3, the House voted to pass the Senate's amended budget bill, which was signed int ...

Core Viewpoint - Elong Power Holding Limited has entered into a strategic cooperation agreement with the Consumer Protection Agency of Indonesia to enhance electricity access and promote the new energy industry in Indonesia [1][2][3] Group 1: Strategic Cooperation Agreement - The agreement involves an investment of no less than US$1 billion for constructing integrated solar-plus-storage off-grid power systems in Indonesia's islands and rural areas [2] - Elong Power will provide comprehensive solutions and technical support for the large-scale application of lithium battery energy storage systems and the electrification of Indonesia's mining industry [2][3] - The collaboration aims to attract advanced Chinese new energy companies to invest in Indonesia, thereby accelerating the industrialization of the new energy sector [2][3] Group 2: Company Overview - Elong Power is a Cayman Islands exempted company focused on the research, development, manufacturing, sales, and service of high-power lithium-ion batteries and energy storage systems [4] - The company offers a comprehensive product and technology system, including battery cells, modules, and battery management systems, catering to high-power applications and long-cycle energy storage [5] - Elong Power's product portfolio includes lithium manganese oxide and lithium iron phosphate batteries, designed for various energy applications [5]

Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug") announces the granting of an aggregate amount of 950,000 stock options of the Company (the "Stock Options") to consultants of the Company. The Stock Options are exercisable at a price of $0.15 per share and are valid for a term of five years. The Stock Options are granted and governed by the Company's Stock Option Plan, approved by shareholders at the Company's ...

HOUSTON, July 08, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility ("Effec ...

2024第七届中国国际光伏与储能产业大会上《中国及全球光伏与储能发展白皮书——光伏发展新阶段》 重磅发布 作为2025第八届中国国际光伏与储能产业大会标志性研究成果，《2025中国与全球新能源发展白皮书》 将于大会期间重磅首发。全新版本将在2023、2024年《白皮书》的基础上持续深化，全面剖析中国乃至 全球新能源行业的发展现状、面临的挑战与机遇，预测未来行业的趋势，为行业参与者、政策制定者及 投资者提供决策参考，引导产业链各环节企业深化合作，促进新能源产业上下游协同发展。 11月17—20日，2025第八届中国国际光伏与储能产业大会将在中国成都举行。届时，国内外专家学者、 知名企业、政府部门将齐聚一堂，聚焦"光储同辉 融合赋能 智创未来"主题，共同探讨光伏与储能产业 发展现状及趋势。作为本次大会的亮点之一，大会期间将隆重发布《2025中国与全球新能源发展白皮 书》。 近年来，我国能源革命向纵深推进，新型能源体系建设迈出坚实步伐，能源绿色转型持续取得新突破。 国家能源局发布的最新数据显示，当前，光伏发电装机占全国总发电装机容量的比重达到30%，占全球 光伏装机总规模近一半。截至5月底，全国光伏发电累计装机规模 ...

Core Insights - Fluence Energy, Inc. has been selected by AMPYR Australia for the construction of the 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) in New South Wales, Australia, which includes a 20-year service contract and utilizes Fluence's innovative storage products [1][2][4] Company Overview - Fluence is a global leader in intelligent energy storage and asset optimization software, with a strong track record in Australia, having multiple BESS projects currently operational and under construction [5][6] - The company’s solutions aim to enhance grid resilience and maximize the potential of renewable energy portfolios across nearly 50 markets [6] Project Details - The Wellington Stage 1 BESS is AMPYR's first grid-scale battery project to reach financial close in Australia, scheduled to be energized in 2026, contributing to Australia's renewable energy capacity and grid stability [2][4] - The project will utilize Fluence's Gridstack™ product and be optimized by Mosaic and Nispera software, enhancing efficiency and profitability in the National Electricity Market [3][4] Strategic Importance - The partnership with Fluence is crucial for AMPYR's commitment to deliver 6,000 MWh of operational BESS by 2030, addressing the growing demand for grid-scale batteries in Australia [4][8] - AMPYR aims to provide up to 20% of Australia's future battery storage demand through its strategic projects [8][9]

Core Viewpoint - Ormat Technologies Inc. is set to release its second quarter financial results on August 6, 2025, followed by a conference call on August 7, 2025, to discuss these results [1]. Company Overview - Ormat Technologies, Inc. is a leading geothermal and renewable energy company with over six decades of experience [4]. - The company is the only vertically integrated entity engaged in geothermal and recovered energy generation (REG) [4]. - Ormat has a total generating portfolio of 1,558 MW, which includes 1,268 MW from geothermal and solar generation and 290 MW from energy storage [4]. - The company operates globally, with projects in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe [4]. - Ormat is expanding its activities into energy storage services and solar photovoltaic (PV) systems [4].

Market Overview - The market is trending higher, led by tech stocks, with major indices nearing all-time highs and individual stocks experiencing significant gains [1] - Investor interest in momentum and speculation has increased, but caution is advised as technical indicators signal potential pullbacks [1] Technical Indicators - The Relative Strength Index (RSI) is a key momentum gauge, with readings above 70 indicating overbought conditions, and readings in the high 80s or 90s suggesting a likely near-term pullback [2] - Three stocks are identified as overbought based on elevated RSI readings, indicating a potential opportunity for investors to lock in profits [2] Western Digital Corporation (WDC) - WDC has seen a strong performance, rallying nearly 46% year-to-date and 128% from its 52-week low, driven by AI demand for data storage and favorable Q3 earnings [3][4] - The stock's RSI is at 87, indicating it is deep in overbought territory, and it has significantly exceeded its mid-to-short-term moving averages, raising the likelihood of a near-term pullback [4] - Despite being overbought, WDC is considered undervalued with a P/E ratio of 12.5 and a forward P/E of 11.9, suggesting potential for future growth [5][6] Seagate Technology (STX) - STX has mirrored WDC's rally, with shares up over 76% year-to-date and 140% from their 52-week low, driven by AI infrastructure and recovering demand [7] - The stock's RSI is nearly 90, indicating it is among the most technically stretched stocks, with a significant extension from key support levels [8] - While fundamentals are improving, the short-term risk-reward profile appears less favorable, with a potential pullback towards the $130 range anticipated [9] Sezzle Inc. (SEZL) - SEZL has gained 304% year-to-date, driven by a strong Q1 earnings report that showed significant revenue growth [11] - The stock is trading near all-time highs with an RSI of 71, indicating it has crossed into overbought territory, warranting monitoring for potential profit-taking [12] - Despite notable growth in gross merchandise volume and profitability, the stock's high valuation and technical exhaustion may lead to a pause in momentum [13] General Investment Considerations - The broader market remains strong, but the elevated RSI levels of WDC, STX, and SEZL suggest they may be due for a breather, prompting investors to consider reducing exposure or locking in profits [14][15]

Core Viewpoint - Graphene Manufacturing Group Limited (GMG) has initiated sales of its G® Lubricant globally, targeting various markets including Australia, the UK, Europe, China, Canada, and the US, with plans for further distribution expansion [1][3][4]. Sales and Marketing Initiatives - GMG has begun direct sales and online sales for G® Lubricant, receiving formal requests for distribution in additional countries [1][3]. - The company is investing over AU$200,000 in promotional advertising in Australia, focusing on the trucking and transport industry through various media channels [6][8]. - GMG is also spending over AU$200,000 annually on online marketing campaigns targeting the truck market across platforms like Meta, Google, and LinkedIn [6][8]. Regulatory and Compliance Efforts - GMG is in the process of registering G® Lubricant with the European Chemicals Agency under the REACH regulation, which may take up to three months [4]. - The company is seeking assistance for obtaining USA EPA approval for G® Lubricant [4]. Product Development and Partnerships - GMG is exploring partnerships with large oil and gas companies and original equipment manufacturers to scale G® Lubricant [5]. - The lubricant is currently being tested in large truck fleets, with performance feedback expected in the coming months [5]. Company Overview and Objectives - GMG is an Australian clean-technology company focused on developing energy-saving and energy storage solutions using graphene [8][9]. - The company aims to de-risk and develop commercial scale-up capabilities while securing market applications for its products [9][10]. - GMG's critical business objectives include onboarding new sales team members, expanding G® Lubricant production, and managing packaging systems in line with sales growth [10].

Core Viewpoint - The article highlights a significant battery storage order of over 3.1 GWh signed between Nandu Power and Trina Solar with Indian renewable energy company ACME Solar, marking one of the largest battery storage procurement projects in India [1][3]. Group 1: Project Details - The project will support multiple renewable energy and battery-connected projects under ACME Solar, with implementation planned across various states in India within the next 12 to 18 months [3]. - The delivery of the systems is scheduled to be completed in phases over the next four to eight months [3]. - The specific supply ratio between Nandu Power and Trina Solar has not been disclosed [4]. Group 2: Company Background - ACME Solar, headquartered in Gurugram, India, has a total installed capacity of 6,970 MW and an operational capacity of 2,890 MW, with an additional 4,080 MW in various stages of implementation [7]. Group 3: Market Context - The Indian government has introduced favorable policies, such as requiring solar projects to include a 10%/2h storage system during bidding and allocating 54 billion INR for the development of 30 GWh battery storage projects [8]. - The National Power Plan of India aims to establish 47.24 GW/236.22 GWh of battery storage systems by 2031-2032 to balance the fluctuations of 365 GW of solar and 121 GW of wind energy generation [9]. - The article suggests that the Indian storage market still has significant growth potential, indicating that the competition among companies in this sector is intensifying [10].