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Go Green Global Technologies Corp. Appoints Water Technology Innovator Grant Page as Chairman of the Board
Globenewswire· 2026-03-25 12:30
Core Insights - Go Green Global Technologies Corp. has appointed Grant Page as Chairman of the Board, effective March 20, 2026, to enhance its commercial deployment and strategic partnerships in the clean technology sector [1][4]. Company Overview - Go Green Global Technologies Corp. focuses on developing advanced systems for sustainable water treatment, energy efficiency, and infrastructure optimization, with its proprietary Sonical™ platform designed to improve performance and efficiency across various systems [7]. Leadership Background - Grant Page is a seasoned entrepreneur and investor with a strong background in water technology, having previously founded Magna Imperio Systems, which achieved a valuation of $210 million [2][3]. - Page currently serves as Managing Partner and Chief Investment Officer of Pelican Hill Partners LLC, overseeing significant private equity and venture transactions in the water, energy, and infrastructure sectors [3]. Strategic Goals - Under Page's leadership, the company aims to drive commercial deployment, expand strategic partnerships, and strengthen capital access to position itself for sustained growth in the global clean technology market [4][6]. - Page emphasizes the importance of disciplined commercialization and scaled deployment of the Sonical™ platform to capitalize on opportunities in water and energy infrastructure systems [5][6].
Ethisphere Names Johnson Controls as One of the World's Most Ethical Companies, Marking 19 Years on the List
Prnewswire· 2026-03-18 14:00
Core Insights - Johnson Controls has been recognized as one of the 2026 World's Most Ethical Companies by Ethisphere, marking the 19th time the company has received this honor, making it one of only five companies to achieve this milestone [1][3] Group 1: Company Recognition - The recognition highlights Johnson Controls' commitment to business integrity through robust ethics, compliance, and governance programs [1] - Chris Scalia, Executive Vice President and Chief Human Resources Officer, emphasized that the company's culture is built on clear expectations and ethical practices, reinforcing their commitment to winning the right way [2] Group 2: Ethics and Compliance Program - The Johnson Controls Code of Ethics, known as Values First, serves as the foundation of its Ethics & Compliance Program, ensuring high standards of integrity in individual conduct and business operations [2] - The assessment for the World's Most Ethical Companies is based on Ethisphere's proprietary Ethics Quotient®, which requires companies to provide over 240 documented proof points on their ethics and compliance practices [4] Group 3: Long-term Performance - Ethisphere's Chief Strategy Officer noted that companies with strong ethics and compliance programs are better positioned for long-term performance, highlighting the importance of embedding ethics into decision-making and strategy [3]
Orion Announces $3.6M Electrical Infrastructure and LED Lighting Engagement for Global Testing Services Leader
Globenewswire· 2026-03-03 13:28
Core Insights - Orion Energy Systems, Inc. has initiated an Electrical Infrastructure and LED lighting project for a prominent global laboratory testing services provider, generating revenue of $3.6 million [1][2]. Company Overview - Orion specializes in energy-efficient solutions, including LED lighting, EV charging stations, and maintenance services, focusing on large national customers and projects through ESCO and distribution partners [5]. - The company is committed to helping clients achieve business and environmental goals by providing sustainable solutions that reduce carbon footprints and enhance performance [5]. Project Details - The project involves upgrades and installations of LED lighting and electrical infrastructure at the customer's facility in the United States, which offers Testing, Inspection, and Certification services across various international markets [2]. - The customer operates 200 laboratories, supporting clients from early R&D through regulatory approvals to production, ensuring safety and compliance of products and services [3]. Leadership Commentary - Orion's CEO, Sally Washlow, emphasized the significance of the customer as a long-term partner and a leader in innovation within its field [4]. - COO Scott Green highlighted the critical nature of upgrading electrical infrastructure for lab-based testing, noting the customer's reliance on Orion for powering significant commercial innovations [4].
Orion to Present at Emerging Growth Conference on February 26, 2026
Globenewswire· 2026-02-18 13:28
Core Viewpoint - Orion Energy Systems, Inc. will present at the Emerging Growth Conference on February 25-26, 2026, showcasing its energy-efficient solutions and providing an opportunity for real-time interaction with investors and analysts [1][2]. Company Overview - Orion Energy Systems specializes in energy efficiency and clean technology solutions, including LED lighting, electric vehicle (EV) charging stations, and maintenance services [7]. - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners, aiming to help customers achieve business and environmental goals [7]. Conference Details - The presentation will be led by CEO Sally Washlow and CFO Per Brodin, lasting 30 minutes, starting at 12:35 p.m. ET on February 26, 2026 [2]. - Attendees can submit questions in advance and during the event, with the aim of addressing as many inquiries as possible [3]. - An archived webcast will be available for those unable to attend the live event [4]. Conference Significance - The Emerging Growth Conference serves as a platform for public companies to present new products and services to the investment community efficiently [5]. - The conference covers a wide range of growth sectors and attracts a large audience, including individual and institutional investors, advisors, and analysts [6].
Thermal Energy Wins $1 Million Turnkey Project --- Ninth with Global Nutrition Company
TMX Newsfile· 2026-02-18 12:01
Core Insights - Thermal Energy International Inc. has received a $1 million order for a turnkey heat recovery project from a global nutrition company, marking the ninth project with this client and the third consecutive HeatSponge project [1][2]. Group 1: Project Details - The project involves adding a two-stage HeatSponge economizer to three natural gas-fired boilers to recover waste heat from exhausts [1]. - The project is expected to be completed within six months, with revenue anticipated to align with historical gross margins for similar projects [3]. Group 2: Client Relationship and Business Impact - Since 2019, the company has generated over $14.6 million in business with this client, penetrating 28 manufacturing sites across nine countries [2]. - The ongoing partnership emphasizes the company's role in helping the client reduce natural gas use and greenhouse gas emissions, highlighting the potential for further collaboration in global decarbonization efforts [2]. Group 3: Company Overview - Thermal Energy specializes in energy efficiency and emissions reduction solutions, capable of recovering up to 80% of energy lost in typical boiler operations, providing high returns on investment [5]. - The company operates as a fully accredited professional engineering firm with offices in Canada, the USA, and the UK, offering site-specific turnkey and custom-engineered solutions [6].
European Investment Bank Launching Financing Platform for Energy Efficiency
Yahoo Finance· 2026-02-11 16:04
Core Insights - The European Investment Bank (EIB) is committing €60 million ($71.1 million) to launch a financing platform with Solas Capital to enhance energy savings among businesses in Europe [1] - The initiative aims to support energy efficiency projects for small- and medium-sized enterprises (SMEs), which are considered vital to the European economy [1] - The platform is expected to mobilize nearly €400 million ($474 million) for deploying energy-efficient technologies across various EU countries [1] Investment Details - The EIB's investment will be directed into Solas Sustainable Energy Fund II (SSEF II) to promote energy efficiency [1] - The new co-financing platform follows a previous €30 million ($36 million) commitment to Solas Sustainable Energy Fund (SSEF) in 2022 [1] - The partnership aims to expand energy as a service financing, allowing firms to purchase fixed energy services instead of physical equipment [1] Impact on SMEs and Economy - The initiative is designed to lower energy costs and carbon footprints for SMEs, making them more competitive and environmentally friendly [1] - The EIB's vice president emphasized the real impact of energy efficiency on reducing energy bills and strengthening the European economy [1] - The platform will facilitate access to advanced technologies that provide immediate and measurable energy savings for SMEs [1]
Orion Announces Pricing of Public Offering of Common Stock
Globenewswire· 2026-01-30 13:00
Core Viewpoint - Orion Energy Systems, Inc. has announced a public offering of 500,000 shares of common stock priced at $14.00 per share, aiming to raise approximately $7.0 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The public offering consists of 500,000 shares priced at $14.00 each, with expected gross proceeds of around $7.0 million [1]. - The net proceeds will be utilized to reduce outstanding amounts under the existing credit agreement, with the remainder allocated for working capital and general corporate purposes [2]. - The offering is expected to close on or about February 2, 2026, subject to customary closing conditions [2]. Group 2: Regulatory and Compliance Information - A shelf registration statement on Form S-3 has been filed with the Securities and Exchange Commission and has been declared effective [3]. - The offering is being conducted only through a preliminary prospectus supplement and accompanying prospectus [3]. Group 3: Company Overview - Orion Energy Systems specializes in energy efficiency and clean technology solutions, including LED lighting, EV charging solutions, and maintenance services [5]. - The company focuses on providing turnkey design-through-installation solutions for large national customers and aims to help clients achieve business and environmental goals [5].
Orion Announces Proposed Public Offering of Common Stock
Globenewswire· 2026-01-29 21:43
Core Viewpoint - Orion Energy Systems, Inc. has announced a public offering of its common stock to reduce outstanding credit obligations and for general corporate purposes [1] Group 1: Offering Details - The public offering is firmly underwritten and subject to market conditions, with no assurance on completion or terms [1] - Craig-Hallum Capital Group LLC is the sole bookrunning manager for the offering [2] - A shelf registration statement has been filed with the SEC, and the offering will be made via a prospectus supplement [3] Group 2: Company Overview - Orion specializes in energy-efficient solutions, including LED lighting, EV charging stations, and maintenance services [5] - The company focuses on turnkey solutions for large national customers and aims to help clients achieve business and environmental goals [5]
Thermal Energy Achieves Record Revenue and Improved Profitability in Second Quarter
TMX Newsfile· 2026-01-27 12:01
Core Insights - Thermal Energy International Inc. reported record revenue and gross profit for Q2 2026, with a significant increase in adjusted EBITDA, highlighting strong operational execution and demand for its solutions [2][5][6] Financial Performance - Revenue for Q2 2026 reached $10.2 million, a 17% increase year-over-year, driven by heat recovery projects and GEM [5][6] - Gross profit also hit a record of $4.0 million, resulting in a gross margin of 39%, up from 33% in Q2 2025 [4][5] - Adjusted EBITDA surged by 202% to $814 thousand, while net income rose dramatically by 2,133% to $618 thousand compared to the same quarter last year [6][8] - Operating expenses increased by $605 thousand due to one-time costs and higher salary expenses, but were offset by increased revenues [7][10] Order Backlog and Business Outlook - The order backlog as of November 30, 2025, was $15.0 million, a 16% increase from the previous year, with orders received in Q2 totaling $5.9 million [11][12] - Subsequent to the quarter end, the company secured an additional $6.5 million in new orders, raising the current backlog to $21.5 million as of January 26, 2026 [12] Balance Sheet and Financial Health - The company reported a cash position of $2.0 million and working capital of $3.4 million at the end of the quarter, with negligible bank debt after repaying $130 thousand on a term loan [4][6]
Thermal Energy International to Announce Second Quarter Results on January 27, 2026
TMX Newsfile· 2026-01-21 12:01
Core Insights - Thermal Energy International Inc. will release its fiscal 2026 second quarter financial results on January 27, 2026, before market open [1] - An earnings conference call and webcast will be held at 8:30 a.m. ET on the same day, followed by a Q&A session for qualified equity analysts [1] Company Overview - Thermal Energy provides energy efficiency and carbon emission reduction solutions to major corporations, including Fortune 500 companies [5][6] - The company claims to recover up to 80% of energy lost in typical boiler plant and steam system operations, offering a high return on investment with a short payback period [5] - Thermal Energy operates as a fully accredited professional engineering firm with offices in Ottawa, Pittsburgh, and Bristol, and sales offices across several countries including Canada, the UK, the USA, Germany, Poland, and Italy [6] Financial Information - Financial statements and management's discussion will be filed on SEDAR+ and available on the company's website on the same day as the earnings release [3]