Vancouver, British Columbia--(Newsfile Corp. - August 8, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Corporation") today announces that its board of directors (the "Board") has repealed its current Canada Business Corporations Act By-Laws and By-Law Amendments and approved a new Canada Business Corporations Act by-law being a by-law relating generally to the conduct of the business and affairs of the Corporation ("By-Law No. 1") and including and intr ...

Energy Vault (NRGV) Q2 2025 Earnings Call August 07, 2025 04:30 PM ET Speaker0Thank you. Hello, and welcome to Energy Vault's second quarter twenty twenty five financial results conference call. As a reminder, Energy Vault's earnings press release and presentation are now available on our investor website, and we'll be referring to these presentations during the call. I believe there was a slight delay on Business Wire, so please access those on our website if you were unable to get that email. A replay of ...

Core Viewpoint - Stardust Solar Energy Inc. reported solid financial performance in Q1 2025, highlighting growth in revenue and gross margin, alongside an expansion of its franchise network [2][5]. Financial Highlights - Revenue for Q1 2025 was CAD 1.00 million, a 20% increase from CAD 0.83 million in Q1 2024 [6]. - Gross margin improved to 48%, up from 27.4% in Q1 2024 [6]. - Franchise fees and royalties reached a record high of CAD 0.33 million, a 2.5-fold increase compared to Q1 2024 [6]. - Product gross profit rose 110% year-over-year to CAD 0.10 million, with product gross margin at 18% [6]. - The net loss for Q1 2025 was CAD 0.65 million, or CAD 0.01 per share, compared to a net loss of CAD 0.39 million or CAD 0.02 per share in Q1 2024 [6]. Operational Review - The company added 4 net new franchise territories, bringing the total to 87 as of March 31, 2025 [2][6]. - The accredited training programs were expanded to include new advanced curriculums [2]. - Product sales were lower year-over-year due to a large commercial order in Q1 2024, but underlying product revenue met management's expectations [2]. Balance Sheet and Liquidity - Current liabilities decreased by CAD 553,993, a 30% reduction, and total liabilities decreased by CAD 987,202, a 36% reduction [4]. - As of March 31, 2025, the company had CAD 0.62 million in cash and cash equivalents, with working capital of CAD 1.77 million [4]. - Loan and lease obligations were reduced to CAD 0.45 million from CAD 0.88 million at March 31, 2024, primarily due to the repayment of a high-interest facility [4]. Outlook - Trailing-twelve-month revenue as of March 31, 2025, was CAD 3.8 million, a 4.7% increase from the twelve months ended December 31, 2024 [5]. - Management anticipates revenue growth to accelerate through the remainder of 2025, driven by franchise additions and an expanding installation backlog [5]. - The company is reallocating resources from investor-relations activities to focus on direct customer acquisition and franchise support [5].

CAMPBELL, Calif., July 8, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced the successful commissioning of 21.6 MWh of Energy Storage Systems supplied to Distributed Energy Infrastructure (DEI). This milestone marks a significant step in advancing clean, reliable, and dispatchable energy in Massachusetts through the state's Solar Massachusetts Renewable Target (SMART ...

Redwood Materials launches energy storage business and its first target is AI data centers | TechCrunch https://t.co/9mkVg7pC2u ...

SENIOR VICE PRESIDENT – CORPORATE DEVELOPMENT & INVESTOR RELATIONS INVESTOR PRESENTATION AUGUST 2022 OUR PURPOSE: Lead the evolution to more resilient, efficient, and sustainable energy solutions. INVESTOR RELATIONS Aaron Jagdfeld PRESIDENT & CEO York Ragen CHIEF FINANCIAL OFFICER Mike Harris 2 FORWARD LOOKING STATEMENTS Certain statements contained in this news release, as well as other information provided from time to time by Generac Holdings Inc. or its employees, may contain forward looking statements ...

Core Insights - Founder Group Limited (FGL) has signed a Memorandum of Understanding (MOU) with GCL Systems Integration Technology Co. Ltd. to explore renewable energy projects in Malaysia and other ASEAN countries, with an estimated value of up to $220 million [1][2][3] Group 1: Company Overview - Founder Group Limited is a leading provider of solar photovoltaic system engineering, procurement, construction, and commissioning (EPCC) solutions in Malaysia, focusing on large-scale solar projects and commercial and industrial solar projects [1][3] - GCL Systems Integration Technology Co. Ltd. is a publicly listed company in Shenzhen, established in 2003, and has become a global leader in smart photovoltaic and energy storage system integration [2][5] - Both companies aim to leverage their technical expertise and capabilities to support identified collaborative projects, ensuring a professional and responsible approach to project opportunities [2][3] Group 2: Collaboration Details - The collaboration will involve sharing information, executing specific measures, and regularly assessing the effectiveness of their partnership [2][3] - Upon securing projects, both parties will sign a final agreement detailing their respective obligations, including necessary assistance and information sharing [3] - The CEO of Founder Group Limited expressed pride in the partnership, emphasizing the importance of GCL's global reputation in solar photovoltaic components and energy storage systems for achieving renewable energy goals in the region [3]

Financial Data and Key Metrics Changes - For Q1 2025, revenues were $6.3 million, a significant decrease compared to the same period in 2024, where revenues were approximately double [4][19] - Gross profit for Q1 2025 was $500,000, resulting in an 8% gross margin, down from $1.5 million and a 10% gross margin in Q1 2024 [5] - The net loss for Q1 2025 was $15.5 million, which included $12.5 million in non-cash expenses, compared to a net loss of $3 million in Q1 2024 [6][7] - Cash balance at the end of March 2025 was $2.5 million, down from $4.6 million at the end of 2024 [7] Business Line Data and Key Metrics Changes - Revenue from commercial customers increased to 53% in Q1 2025 from 16% in Q1 2024, indicating a shift towards enterprise customers [4] - International customers contributed 25% of total revenue in Q1 2025, up from 11% in Q1 2024 [4] - Non-government sales grew by 41% year-over-year, demonstrating the effectiveness of the diversification strategy [23] Market Data and Key Metrics Changes - The U.S. Federal Government's halt on electric vehicle infrastructure acquisitions has negatively impacted revenue, as over half of the previous year's revenue came from federal orders [19][20] - State and local government sales remain strong, with indications of increased activity from California and other municipalities [24] Company Strategy and Development Direction - The company is focusing on diversifying its product offerings and geographic reach, particularly in Europe and other international markets [10][22] - The management believes that the acquisitions made in recent years have significantly enhanced the company's growth potential and market presence [13][38] - The strategy includes expanding the sales team and leveraging external sales resources to increase market penetration [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to growth in future quarters despite current challenges, emphasizing the importance of their diversification strategy [10][28] - The company is optimistic about the potential for significant growth in Europe, the Middle East, and Africa [27][35] - Management acknowledged the impact of tariffs but remains hopeful for a reversal of the worst effects, which could improve margins [29][30] Other Important Information - The company has no debt and sufficient cash to continue operations, positioning itself well for future growth [10][39] - The goodwill impairment of $10.8 million was recognized due to a decline in market capitalization, but management believes this does not reflect the true value of the company's assets [6][16] Q&A Session Summary Question: How is the product mix between EV ARC and new products expected to evolve? - Management is enthusiastic about the adoption of new products like Beam Patrol and Beam Bike, expecting orders to increase in 2025 and beyond, while still seeing growth in EV ARC [44][47] Question: What is the current state of manufacturing capacity in Europe? - The company has significant manufacturing capacity in Europe, with the potential to produce five times more units than in the U.S., although supply chain issues remain a concern [58][63] Question: How will resiliency be emphasized in the product line? - Resiliency is a key aspect of the company's offerings, with products designed to operate during blackouts and natural disasters, which is increasingly relevant in various markets [66][70]

F I R S T Q U A R T E R 2 0 2 5 FINANCIAL RESULTS © 2024 ENERGY VAULT, ALL RIGHTS RESERVED | Confidential FOUO (For Official Use Only) - PROPRIETARY INFORMATION OF ENERGY VAULT, INC 1 Disclaimer Forward-Looking Statements This presentation includes forward-looking statements that reflect the Company's current views with respect to, among other things, the Company's operations and financial performance. Forward-looking statements include information concerning possible or assumed future results of operations ...

Core Viewpoint - JinkoSolar reported a challenging first quarter of 2025, with significant declines in revenue and profitability due to low module prices and disruptions in demand from international trade policy changes, resulting in a net loss of US$181.7 million [4][30]. Financial Performance - Total revenues for Q1 2025 were RMB13.84 billion (US$1.91 billion), down 33.0% sequentially and 39.9% year-over-year [11]. - Gross loss was RMB352.9 million (US$48.6 million), compared to a gross profit of RMB2.74 billion in Q1 2024 [12]. - Net loss attributable to ordinary shareholders was RMB1.32 billion (US$181.7 million), a significant increase from a net income of RMB609.4 million in Q1 2024 [30]. - Basic and diluted losses per ordinary share were RMB6.40 (US$0.88) [32]. Operational Highlights - Module shipments reached 17.5 GW, ranking first in the industry, with total shipments of 19,130 MW [6][35]. - The company became the first module manufacturer to deliver over 320 GW of solar modules globally [6]. - The order book visibility for 2025 is currently at 60% to 70%, with certain regions exceeding 80% [7]. Market Dynamics - New installations in China for Q1 2025 amounted to 59.7 GW, a 31% increase year-over-year, indicating resilience in domestic demand [5]. - Average monthly bidding prices for solar modules in China have started to recover, returning to more rational levels [5]. Research and Development - The N-type TOPCon-based perovskite tandem solar cell achieved a record conversion efficiency of 34.22% [6][8]. - The company expects its annual production capacity for mono wafers, solar cells, and solar modules to reach 120.0 GW, 95.0 GW, and 130.0 GW, respectively, by the end of 2025 [10][38]. Energy Storage Developments - Shipments of energy storage systems exceeded 300 MWh in Q1 2025, with expectations of around 6 GWh for the full year [9]. - Confirmed orders for energy storage systems account for 50% to 60%, with an additional 20% to 30% showing strong potential for signing [9].