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This Solar Stock Gets Downgraded. Tariffs Are a Problem, Say Analysts.
Barrons· 2025-09-12 15:47
Array Technologies' gross margin target is becoming 'increasingly unrealistic,' BofA Securities says. ...
Stock Market Today: Investors await opening trade from Gemini, Via, and Legence
Yahoo Finance· 2025-09-12 15:35
This live blog is refreshed periodically throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Friday. This is TheStreet's Stock Market Today for Sept. 12, 2025. You can follow the latest updates on the market here, our daily live blog. Update: 11:58 a.m. ET Awaiting Opening Trades from Gemini, VIA, Legence, et al We're getting close to the opening trade from a handful of market newcomers today, namely crypto exchange Gemini Space Sta ...
GE Vernova Inc. (GEV) to Cut 600 Jobs Across Europe Amid Restructuring
Yahoo Finance· 2025-09-12 11:00
GE Vernova Inc. (NYSE:GEV) is one of the best wind power and solar stocks to buy according to analysts. On September 9, GE Vernova announced plans to cut 600 jobs across Europe as part of a broader restructuring effort. Of these, 120 positions will be eliminated in France, including 42 at the company’s Belfort site, according to union sources CFE-CGC and CGT cited by Agence France-Presse. GE Vernova Inc. (GEV) to Cut 600 Jobs Across Europe Amid Restructuring Federico Rostagno/Shutterstock.com While the ...
JinkoSolar Announces Proposed Sale of A Shares in Its Subsidiary, Jinko Solar Co., Ltd., through Inquiry Transfer and Placement
Prnewswire· 2025-09-12 10:17
Core Viewpoint - JinkoSolar plans to sell up to 300,156,075 A shares of its subsidiary Jiangxi Jinko to raise funds for business operations, aiming to strengthen cash flows and enhance shareholder value [1][2]. Group 1: Share Sale Details - The sale will be conducted through an inquiry transfer and placement, with the purchase price set at no less than 70% of the average trading price of Jiangxi Jinko's A shares over the 20 trading days prior to September 12, 2025 [1]. - The completion of the sale is contingent on market conditions [1]. Group 2: Ownership Structure - JinkoSolar currently holds approximately 58.59% equity interest in Jiangxi Jinko, which is expected to decrease to about 55.59% following the sale [3]. Group 3: Company Overview - JinkoSolar is recognized as one of the largest and most innovative solar module manufacturers globally, with a diverse customer base across multiple countries [4]. - The company operates over 10 production facilities and has more than 20 overseas subsidiaries, indicating a strong international presence [5].
N2OFF to Expand its Melz Solar Project with Battery Storage
Globenewswire· 2025-09-11 11:42
According to Entrix, the project’s expansion is projected to boost the project’s revenue, potentially paving the way for higher returns to N2OFF’s stockholders. Neve Yarak, Israel, Sept. 11, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc. (NASDAQ: NITO) (“N2OFF” and the “Company”), a cleantech company investing in solar energy assets based on the RTB (Ready to Build) business model, today announced its decision to extend additional debt financing to Solterra Renewable Energy Ltd. (“Solterra”) in connection with its pr ...
ACME Solar secures ₹3,892 cr project funding for 400 MW FDRE project
BusinessLine· 2025-09-11 05:16
ACME Venus Urja, a wholly-owned subsidiary of ACME Solar Holdings, has secured long-term project funding of ₹3,892 crore from the State Bank of India for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project.The repayment spread across 19 years, ACME Solar Holdings said in a statement on Thursday.The FDRE project is being developed in Barmer, Rajasthan and is contracted with NHPC at a tariff of ₹4.64/Unit.The project would entail installing solar and Battery Ener ...
ACME Solar Shares Hit Record High After Securing Rs 3,892 Crore SBI Funding For Barmer Project
NDTV Profit· 2025-09-11 04:42
ACME Solar Holdings Ltd. shares hit a record high in early trade Thursday after a subsidiary secured long-term project funding of Rs 3,892 crore from State Bank of India for the development and construction of a 400 MW renewable energy project.The repayment of the SBI loan is spread across 19 years. The project is being developed in Barmer, Rajasthan, by ACME Venus Urja Pvt. and is contracted with government-owned NHPC Ltd. at a tariff of Rs 4.64 per unit, the company said in a stock exchange filing.The pro ...
Founder Group Limited Secures US$2.36 million Contract for a 30MW Large Scale Solar Plant in Malaysia
Globenewswire· 2025-09-10 12:30
KUALA LUMPUR, Malaysia, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic (PV) systems in Malaysia, is pleased to announce that it has secured a contract with prominent solar installation companies in Malaysia. The Company secured RM10 million (approximately US$2,358,490) contract for an engineering, procurement, construction, and commi ...
Turbo Energy Delivers Advanced Solar Energy Storage Solution to Power Uber’s Electric Fleet in Spain
Globenewswire· 2025-09-10 12:00
VALENCIA, Spain, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced the signing of a flagship agreement providing for Turbo Energy to power Uber’s electric vehicle (“EV”) fleet in Spain. At the heart of the project is Turbo Energy’s proprietary, patent-pending SUNBOX Industry system, an innovative energy storage solution. SUNBOX Industry not onl ...
Turbo Energy Delivers Advanced Solar Energy Storage Solution to Power Uber's Electric Fleet in Spain
Globenewswire· 2025-09-10 12:00
VALENCIA, Spain, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced the signing of a flagship agreement providing for Turbo Energy to power Uber’s electric vehicle (“EV”) fleet in Spain. At the heart of the project is Turbo Energy’s proprietary, patent-pending SUNBOX Industry system, an innovative energy storage solution. SUNBOX Industry not on ...