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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]
MAAS Announces Signing of Acquisition Framework Agreement
Globenewswire· 2025-07-11 12:30
CHENGDU, China, July 11, 2025 (GLOBE NEWSWIRE) -- Maase Inc. (NASDAQ: MAAS) (“MAAS” or the “Company”) today announced that it has signed a non-binding framework agreement with certain shareholders of Qingdao Youdian New Energy Technology Co., Ltd. ("Youdian") and Qingdao Huijulaixi Intelligent Technology Co., Ltd. ("LaiXi") to acquire 100% equity of Youdian and 49% equity of LaiXi. The transaction is expected to close in the third quarter of 2025, marking a pivotal step in MAAS’s strategic expansion into ne ...
Indonesia’s Consumer Protection Agency and Elong Power Enter into Strategic Cooperation Agreement
Globenewswire· 2025-07-08 20:05
Beijing, China, July 08, 2025 (GLOBE NEWSWIRE) -- Elong Power Holding Limited (“Elong Power” or the “Company”) (Nasdaq: ELPW), a Nasdaq-listed company engaged in both high-power battery and energy storage system sectors, today announced that it has entered into a strategic cooperation agreement with the Consumer Protection Agency of the Republic of Indonesia (BPKN). The agreement aims to address electricity access issues in Indonesia and promote the development of the country’s new energy industry. The agre ...
Stardust Solar Reports 20% Revenue Growth in Q1 2025 and Strengthens Gross Margin to 48%
Newsfile· 2025-07-08 12:30
Q1 2025 Financial Highlights (All figures in Canadian dollars) Management Commentary "Q1 2025 delivered solid top-line growth alongside a meaningful improvement in gross margin, underscoring the strength of our franchise model," said MarkTadros, Founder and Chief Executive Officer. "With 87 active territories and a growing sales backlog, we are confident in surpassing 100 territories later this year and continuing to enhance profitability." Operational Review During the quarter, Stardust Solar added 4 net n ...
RETRANSMISSION: Energy Plug Technologies and SEETEL New Energy Amplify Strategic Alliance with Exclusive Canadian Rights and Americas Expansion
Newsfile· 2025-07-07 11:00
RETRANSMISSION: Energy Plug Technologies and SEETEL New Energy Amplify Strategic Alliance with Exclusive Canadian Rights and Americas ExpansionJuly 07, 2025 7:00 AM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug") and SEETEL New Energy Co., Ltd. ("SEETEL"), a leading Taiwanese energy storage solutions provider, today announced a significant strategic pa ...
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]
X @TechCrunch
TechCrunch· 2025-06-27 03:40
Redwood Materials launches energy storage business and its first target is AI data centers | TechCrunch https://t.co/9mkVg7pC2u ...
Generac (GNRC) - 2022 Q2 - Earnings Call Presentation
2025-06-24 09:54
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 ...
Founder Group 与 GCL Systems Integration Technology Co., Ltd. 签署谅解备忘录,合作开发价值高达 2.2 亿美元的可再生能源项目
Globenewswire· 2025-06-17 20:54
马来西亚吉隆坡, June 18, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ:FGL,下称“Founder Group”或“公司”) 是马来西亚领先的太阳能光伏系统工程设计、采购、建设和调试 (EPCC) 解决方案提供商。该公司欣然宣布与 GCL Systems Integration Technology Co. Ltd. (GCL) 签署谅解备忘录 (MOU)。 双方已同意携手合作,共同探索、发现、评估并承办专注于马来西亚及其他东盟国家可再生能源行业的项目,预计价值高达 2.2 亿美元。 GCL 是一家在深证证券交易所上市交易的公司。 该公司成立于 2003 年,现已发展成为全球领先的一站式智能光伏和储能系统集成商。 GCL 强调技术创新和卓越品质,致力于提供高质量、高效率和差异化的产品。 凭借强大的技术研发实力和卓越的系统解决方案设计能力,经过 20 年的不懈努力,GCL 已在智能光伏和储能解决方案领域占据领先地位。 截至目前,其产品范围涵盖高效电池、光伏组件和储能系统。 此外,GCL 还提供多元化的服务模块,如综合金融服务和智能化运维 ...