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N2OFF Completes $1.2 million of its $2.7 million Total Commitment to Finance 196MWp Battery Energy Storage Assets in Italy
Globenewswire· 2025-07-11 12:40
Core Insights - N2OFF, Inc. has completed a $2.7 million investment for the development of two Battery Energy Storage Systems (BESS) in Sicily, Italy, each with a capacity of 98MWp/392MWh [1][3] - The combined capacity of the BESS projects is approximately 196 MWp, valued at up to $13.5 million based on an estimate of $70,000 per MW [2][3] - The projects are designed to enhance grid stability and have secured preliminary grid connection approvals from Terna SpA, with expectations to achieve Ready-to-Build (RTB) status within 18-24 months [3][4] Company Overview - N2OFF, Inc. is a cleantech company focused on sustainable energy solutions and "Agrifood" tech, recently entering the solar market and funding various projects in the EU [5] - The company has invested over $1.2 million in its 70%-owned Italian subsidiary, which is involved in the BESS projects [1][5] - N2OFF's majority-owned Israeli subsidiary, Save Foods Ltd., focuses on post-harvest treatments for fruits and vegetables to prevent pathogen contamination [5] Market Context - Italy's solar market is experiencing strong growth, supported by government incentives and increasing public awareness of sustainability [4] - Solar electricity generation in Italy is projected to reach 36.47 billion kWh in 2025, with an annual growth rate of 6.86% from 2025-2029 [4] - Italy aims for 52 GW of solar capacity by 2030 and 74.6% renewable electricity by 2050 [4]
高盛:海博思创-BESS(电池储能系统)成为应对中国夏季热浪的解决方案;基于强劲需求维持买入评级
Goldman Sachs· 2025-07-11 01:05
9 July 2025 | 6:20PM HKT Hyperstrong (688411.SS): BESS emerging as solution to China summer heatwave; Maintain Buy on solid demand BESS starts to emerge as grid solution to summer heatwaves, one step further to commercialization. China is entering the peak of summer with "Sanfu Season" heatwave arriving unusually early this year, taxing the stability of the electricity grid. According to NEA, the peak load reached a record high of 1,465GW on Jul 4 2025, up 11% yoy or 150GW, driven by the demand from eastern ...
储能运营新模式:英国储能巨头签署789MW长期保底协议
中关村储能产业技术联盟· 2025-07-10 05:34
GRID虽未具体说明,但通常超出底价的收益由所有者和承购方共享。这与容量租赁协议不同 ——后者由承购方为项目的部分或全部容量及财务表现支付费用,不涉及收益或利润分成。 GRID补充称,保底收入不包括项目的容量市场(CM)收益,该部分收入 2026 年将达到 1100 万英镑,这意味着最低总收入将达到 4600 万英镑。 与此同时,与 Octopus 的 568MW 容量租赁协议每年提供 4300 万英镑收入中包含了容量市 场收入,因此两份协议难以直接比较。 文 | 中关村储能产业技术联盟 英 国 最 大 的 电 池 储 能 运 营 商 之 一 Gresham House Energy Storage Fund (GRID) 已 与 Statkraft 和 Markel Bermuda 签署了长期保底协议,这些协议将在明年与章鱼能源 Octopus 的容量租赁协议到期后部分替代原有合作。 今年6月5日,GRID曾与Octopus签署了一项世界最大的电池租赁协议。协议内容显示,GRID的 14个项目与Octopus Energy的一家子公司签订了为期两年的固定价格合同。这些项目的总容量 为 568MW/920MW ...
Emeren Group Announces North America Management Change and Preliminary Q2 2025 Operating Results
Prnewswire· 2025-07-03 20:30
NORWALK, Conn., July 3, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced a leadership transition within its North America operations. Mr. Cameron "Mac" Moore, Executive Vice President - North America, has departed the Company, and Mr. M. Jahangir Alam has been appointed as his successor, effective immediately.About M. Jahangir AlamM. Jahangir Alam is a seasoned leader in the North Am ...
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
CNBC· 2025-07-02 00:29
Group 1: Tesla's Stock Performance and Market Expectations - Tesla shares have decreased by 7% from $323.63 to $300.71 ahead of the second-quarter deliveries report [1] - Analysts expect Tesla to report deliveries of approximately 387,000, reflecting a 13% decline from nearly 444,000 a year ago [2] - Prediction market Kalshi forecasts deliveries around 364,000, indicating lower expectations from traders [2] Group 2: Legislative Impact on Tesla - The One Big Beautiful Bill Act, which President Trump supports, is expected to negatively impact Tesla by cutting support for renewable energy and phasing out EV tax credits [4][5] - These legislative changes could reduce EV sales by about 100,000 vehicles annually by 2035, according to Energy Innovation [5] - The bill is projected to decrease renewable energy development by over 350 cumulative gigawatts, potentially affecting Tesla's Energy division [6] Group 3: Financial Implications and Regulatory Credits - Tesla has generated $11.8 billion in sales from automotive regulatory credits since 2015, which significantly contribute to its net income [8][9] - Regulatory credit sales accounted for approximately 60% of Tesla's net income in the second quarter of 2024, highlighting the importance of these incentives [9] - The company relies on federal and state regulations that mandate automakers to sell low-emission vehicles or purchase credits from Tesla [9]
Shoals Technologies Group (SHLS) Earnings Call Presentation
2025-07-01 08:25
Market Overview - Battery energy storage system (BESS) capacity is predicted to grow substantially between now and 2034[8] - The global energy storage forecast includes growth in the C&I, Residential, and Utility sectors[10] Shoals' Competitive Advantages - Shoals has decades of experience navigating the energy transition[6] - Shoals' strengths in the BESS market are underpinned by product offering, customer book overlap, and innovation and partnership[19] BESS Solutions Portfolio - Shoals offers flexible, scalable components for performance, safety, and longevity in BESS solutions, including combiners & recombiners, multi-load break disconnects, custom solutions, and wiring solutions[12] Target Customers - Shoals' target customers include EPCs, systems integrators, OEMs & technology partners, and datacenter customers[16, 17]
Ignitis Group made final investment decisions on 291 MW BESS projects in Lithuania
Globenewswire· 2025-07-01 06:00
AB “Ignitis grupė” (hereinafter – the Group) informs that on 30 June, with the agreement of the Group’s Management Board, the Group’s subsidiaries UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) and AB “Ignitis gamyba” (hereinafter – Ignitis Gamyba) made final investment decisions on three battery energy storage system (hereinafter – BESS) projects in Lithuania, with a combined 291 MW power and 582 MWh storage capacity. The German company Rolls-Royce Solutions GmbH will provide the equipment and ...
Bimergen Energy Enhances Shareholder Value by Canceling 25.1% of Its Outstanding Common Stock
Globenewswire· 2025-06-30 11:30
Newport Beach, CA, June 30, 2025 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation [OTCQB: BESS], (“the Company” or “Bimergen”), a developer of utility-scale battery energy storage projects and an independent power provider, today announced the proceeding of a corporate action to cancel 1,287,694 shares upon a shareholder litigation completion. This action follows the favorable ruling from the Superior Court of California from a litigation which began in 2023, aimed at increasing shareholder value. These shar ...
X @Bloomberg
Bloomberg· 2025-06-27 11:46
Power producer Globeleq said its $300-million Red Sands project in South Africa, that will be the biggest standalone battery energy storage system on the continent, has reached commercial close https://t.co/ixperNeJb3 ...
Canadian Solar Inc. Announces Results of 2025 Annual Meeting of Shareholders
Prnewswire· 2025-06-20 11:00
KITCHENER, ON, June 20, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it held its Annual Meeting of Shareholders on June 20, 2025. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: The election of Shawn (Xiaohua) Qu, Yan Zhuang, Harry E. Ruda, Andrew (Luen Cheung) Wong, Lauren C. Templeton, Leslie Li Hsien Chang, and Yuan Yuan Zhang Qu each as a director of the Company until the n ...