Iconic jeepneys are the main form of public transport in the Philippines, with over 200,000 in service Jeepneys account for approximately one-third of carbon emissions in the country Established in 1953, Sarao Motors is the Philippines’ pre-eminent jeepney group Sarao Motors selected Tembo to be its exclusive partner to... Read More

Issue of common stock only Funds will be used to reduce debt and fund inventory for customer orders Transition to capital light business model significantly reduces funding requirements LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) ("VivoPower"), a global sustainable energy solutions company, is pleased to announce it has closed its F-1 offering, after the issuance of an aggregate of... Read More

UK remains attractive market for hydrogen companies with significant incentives introduced and announced by UK Government UK Government clean energy initiatives include establishing Great British Energy unit to be capitalised with US$11bn, augmented with the $9.7bn investment into National Wealth Fund Priority investment for both Great British Energy unit and National Wealth Fund is scaling up UK green hydrogen sector... Read More

UK remains attractive market for hydrogen companies with significant incentives introduced and announced by UK Government UK Government clean energy initiatives include establishing Great British Energy unit to be capitalised with US$11bn, augmented with the $9.7bn investment into National Wealth Fund Priority investment for... Read More

Proposed all stock merger values VivoPower equity at US$556 million (implying a share price of US$101 per VVPR share) with FAST equity valued at US$578 million VivoPower expected to issue 5.72 million restricted shares at US$101 per VivoPower share as consideration for FAST VivoPower shareholders expected to own 49% of the pro forma combined group, with affiliates and insiders agreeing to a voluntary lock up upon closing of... Read More

Sansure Biotech Inc (“Sansure”) is a US$1.4bn market capitalisation in vitro diagnostic solutions company listed on Shanghai Stock Exchange Mpox virus footprint has significant overlap with key markets where VivoPower operates, including the Asia Pacific region, Australasia, Africa and the Middle East The Singapore government has already introduced quarantine measures to contain the spread of the Mpox virus, with risk of... Read More

Annual consolidated revenue of $11.8 million down 22% year-on-year (“y-o-y”) reflecting a strategic focus towards the Electric Vehicle and Sustainable Energy Solutions business units and discontinuation and sale of Critical Power business units in Australia Underlying consolidated adjusted EBITDA 1 from continuing operations declined slightly to a ($5.9) million loss from a ($5.7) million loss in FY23 Cash balance at June... Read More

Independent third-party fairness opinion was obtained and satisfactorily completed Pro forma fully diluted combined enterprise value assumes no public trust redemptions LONDON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), today announced that it has executed a definitive Business Combination Agreement... Read More

Exclusivity period for Heads of Agreement extended to 31 August 2024 Extension to enable Tembo to consummate material transaction and update disclosure LONDON, July 30, 2024 (GLOBE NEWSWIRE) -- The Nasdaq-listed B Corp, VivoPower International PLC (Nasdaq: VVPR, “VivoPower”), announced that its electric vehicle subsidiary, Tembo e-LV B.V. (“Tembo”), has agreed to a further one month extension of its exclusive heads of... Read More

Agreement consolidates major shareholder loan into single US$34m tranche Extends tenure of non-dilutive financing at VivoPower level Loan amended to be all non-current status, improving VivoPower’s balance sheet profile Agreement confirms continued major shareholder support for VivoPower and confidence in the Tembo transaction LONDON, July 09, 2024 (GLOBE NEWSWIRE) -- Nasdaq-listed B Corp VivoPower International PLC (Nasdaq:... Read More

Exclusivity period for Heads of Agreement extended to 31 July 2024 LONDON, July 03, 2024 (GLOBE NEWSWIRE) -- the Nasdaq listed B Corp, VivoPower International PLC (Nasdaq: VVPR, “VivoPower”), announced today that its electric vehicle subsidiary, Tembo e-LV B.V. (“Tembo”), has agreed to a one month extension of its exclusive heads of agreement with Nasdaq listed Cactus Acquisition Corporation I (Nasdaq: CCTS, CCTSW, CCTSU,... Read More

Exclusivity period for Heads of Agreement extended to 31 July 2024 LONDON, July 02, 2024 (GLOBE NEWSWIRE) -- the Nasdaq listed B Corp, VivoPower International PLC (Nasdaq: VVPR, “VivoPower”), announced today that its electric vehicle subsidiary, Tembo e-LV B.V. (“Tembo”), has agreed to a one month extension of its exclusive heads of agreement with Nasdaq listed Cactus Acquisition Corporation I (Nasdaq: CCTS, CCTSW, CCTSU,... Read More

LONDON, July 02, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, "VivoPower” or the "Company”) is pleased to announce that it has completed the sale of one of its non-core business units, Kenshaw Electrical (“Kenshaw”), to ARA Group Limited (“ARA”), a leading diversified industrial services group based in Australia. This follows the announcement on April 29, that a definitive asset sale agreement had been... Read More

Tembo has secured a minimum of 200 Tuskers for the Australia and NZ markets Australian sales of pick up trucks reached approximately US$700m in the month of May 2024 Tembo exhibited the Tuskers successfully at leading Australian mining focused trade show Interest and demand for Tuskers has been significantly stronger than expected Tembo is now accelerating a push into other markets for the Tuskers LONDON, June 18, 2024... Read More

Ground breaking strategic development allows Tembo to bypass capex intensive assembly process and fast track path to profitable revenues Fully electric OEM pickup utility vehicle facilitated by establishment of world class supply chain across Asia augmented with European design and development heritage Initial B2B orders already secured for the EU-certified OEM vehicles, which are on track for full homologation by July 2024... Read More

LONDON, May 06, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his shareholding in the Company by a net total of 100,000 shares, representing approximately 2.7% of the undiluted number of issued and outstanding shares of the Company. This is expected to be through a combination of on-market and off-market... Read More

Investment commitment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$7.5m investment milestones previously met as part of US$10 million commitment Tembo has now met milestones to qualify for the final follow-on investment of US$2.5 million, for an aggregate total investment of US$10 million LONDON, April 08, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq:... Read More

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”, "VivoPower") today announced that its Board of Directors (the "Board") has authorized a capital management strategy including a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to US$5 million of the Company’s outstanding common stock. The Stock Buyback Program has... Read More

Tembo E-LV (“Tembo”), a subsidiary of VivoPower International PLC (“VivoPower”), will merge with CCTS (“Cactus Acquisition Corp. 1 Limited”), a NASDAQ-listed company. Tembo will be the surviving entity and upon closing, will change its name to Tembo Group. CCTS has $25m of cash on its balance sheet, as of its last quarterly filing. VivoPower shareholders on the final record date will receive 5 Tembo Group shares for each 1... Read More

Access Industrial Mining Inc (“Access”) in Canada is the inaugural partner to receive shipment Founded in 1998, Access is a key distributor and supplier to the Canadian mining and industrial sectors Previously signed Definitive Agreement for 1,675 EUV conversion kits over five years LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV BV (“Tembo”), a subsidiary of the Nasdaq listed B Corp, VivoPower International PLC... Read More

Orders pursuant to Tembo’s previously announced joint venture with Francisco Motors Established in 1947, Francisco Motor Corporation is the original pioneering jeepney manufacturer Total addressable market to electrify 200,000 existing jeepneys estimated to be worth US$10bn+ LONDON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV BV (“Tembo”), a subsidiary of the NASDAQ listed B Corp, VivoPower International PLC (Nasdaq: VVPR,... Read More

LONDON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, the “Company” or “VivoPower”) today announced its half year unaudited preliminary results for the six months ended December 31, 2023. Highlights for the half year ended December 31, 2023 Revenue from continuing operations declined to $5.9 million, from $8.7 million in the half year ended December 31, 2022, reflecting a disciplined refocus on... Read More

Investment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$2.5 million investment made in June 2023 included an option to increase investment to up to US$10 million based on meeting certain milestones Tembo has now met milestones to qualify for additional follow-on investment of US$5 million, for an aggregate total investment to date of US$7.5 million LONDON, Jan. 11,... Read More

LONDON, Dec. 18, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his individual shareholding in the Company by 125,000 shares, representing approximately 4% of the undiluted number of issued and outstanding shares of the Company. This is through a voluntary election to receive his CEO salary since 1 July... Read More

Board initiated review following inbound M&A expressions of interest Non binding letters of intent received for Tembo and Aevitas Kenshaw LONDON, Nov. 14, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced today that it has initiated a sum of the parts strategic value maximisation review in relation to the Company and has engaged a corporate adviser, Chardan, in this... Read More

LONDON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has approved an action plan to address alleged illegal market manipulation including dissemination of false information and/or naked short selling of its stock. This action plan includes creating a Board-led ‘Illegal Market Manipulation Task Force’ to actively pursue all possible actions together with the... Read More

LONDON, Oct. 27, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) announced today that its board of directors has approved an execution plan to spin off the majority of its Caret business unit’s portfolio, representing up to ten solar projects totalling 586MW-DC at varying stages of development. This does not include the two solar projects (totalling 96.5MW-DC) that were... Read More

VivoPower and Geminum team up to offer holistic end-to-end fleet electrification and decarbonisation solutions Geminum specialises in digital twin solutions for corporations seeking to implement decarbonisation solutions in a safe, cost-effective and integrated manner Geminum leadership team have 20 years of combined digital twin and change management experience, particularly in the mining industry LONDON, Oct. 18, 2023... Read More

LONDON, Oct. 16, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, the “Company”) announced today that its Board of Directors has resolved not to provide further notices for the Company to sell ordinary shares to White Lion Capital LLC (“White Lion”) pursuant to the Ordinary Share Purchase Agreement signed on October 6, 2023 (the “Purchase Agreement”). Under the terms of the Purchase Agreement, upon receipt... Read More

Tech Innovation Awards 2023 was hosted in Dubai, ahead of COP28 later this year Award follows recent signing of landmark joint venture to electrify jeepneys in the Philippines Jeepney electrification JV gives Tembo access to total addressable market estimated at US$10bn+ (excluding charging and other ancillary solutions) with 40 million passenger trips per day and 600,000 driver livelihoods LONDON, Oct. 06, 2023 (GLOBE... Read More

LONDON, Oct. 04, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower” or the “Company”), today announced that it will proceed with a 1-for-10 reverse stock split of its outstanding ordinary shares (the “Reverse Split”) following approval by its board of directors and as authorized by the Company’s shareholders at the Extraordinary Meeting of the Shareholders held on July 6, 2023. The Reverse Split... Read More

Tembo distribution partner network scale considerably expanded; additional agreements signed adding 8,000+ EV kits (excluding MOUs) representing a 160% year on year increase in order and commitment book pipeline Tembo and Vivo SES engineering team upscaled with 15 new hires recruited since 1 July 2022, doubling cumulative years of direct EV engineering experience to 100+ years Annual group revenues (from continuing... Read More

LONDON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Philip Wray as Group Finance Director for VivoPower. Philip brings a wealth of financial and leadership expertise to VivoPower, having worked in large multinational corporations for the past 18 years. With a degree in Accounting and Finance and ACA Qualified, he started his career at... Read More

Jeepneys are iconic public utility vehicles in the Philippines, representing 40% of public transport Total addressable market estimated at US$10bn+ (excluding charging and other ancillary solutions) Established in 1947, Francisco Motors is the original pioneering jeepney manufacturer Francisco Motors and Tembo are already working towards delivering on committed orders Deal will benefit Tembo’s customer and partners in other... Read More

Investment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$2.5m investment with an option to increase up to US$10m in subsequent closings Investment underscores Tembo’s progress and commitment to the UAE and surrounding markets LONDON, June 28, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce a strategic direct... Read More

Agreement with Fourche Maline to sell 2,500 Tembo EUV kits over next 5 years Ghana is the largest producer of gold in Africa, and ranks amongst the top 6 globally Ghana’s government has launched the Drive Electric Initiative through the Ghana Energy Commission LONDON, June 27, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that it has signed a definitive agreement... Read More

LONDON, June 13, 2023 (GLOBE NEWSWIRE) -- Tembo E-LV BV (“Tembo”), a subsidiary of VivoPower International PLC (“VivoPower”), is pleased to announce that it has signed a memorandum of understanding (“MOU”, the “Agreement”) with AL TAIF Technical Services, LLC (“AL TAIF”), the UAE’s leading provider of maintenance, repair, and overhaul (MRO) services for military equipment. Pursuant to the Agreement, the collaboration will... Read More

LONDON, May 15, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that it has signed a definitive partnership agreement (“Agreement”) for VivoPower to market and distribute Vital EV Solutions (“Vital EV”) fleet charging solutions globally. Part of the Vital Group of companies, Vital EV is a specialist UK-headquartered company, offering a comprehensive range of electric... Read More

LONDON, April 27, 2023 (GLOBE NEWSWIRE) -- On April 27, 2023, VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") received written notification from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company now has until October 23, 2023, to meet the... Read More

LONDON, Feb. 27, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that it has signed a definitive agreement (“Agreement”) with Ulti-Mech Pty Ltd (“Ulti-Mech”) for Ulti-Mech to market, distribute and service Tembo-powered electric utility vehicles across Western Australia, home to half of Australia’s mines and the leading destination in the world for mining investment.... Read More

Tembo distribution partner network scale considerably expanded; additional agreements signed adding 5,000+ EV conversion kits to commitment and order book pipeline First version of next generation EUV (Electric Utility Vehicle) conversion kit ready and subsequent first order received from Accès Revenue, GP and EBITDA for half-year to December 31, 2022, decreased as materially adverse weather in Australia affected Aevitas... Read More

LONDON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (“VivoPower,” the “Company”) is pleased to confirm that it will announce results for the half year ended 31 December 2022, on Friday, 24 February 2023, at 08:00 EST / 13:00 GMT. The Company also confirmed that Kevin Chin, Executive Chairman and CEO, will host an earnings conference call on Friday, 24 February 2023, at 08:30 EST / 13:30 GMT. Please register... Read More

LONDON, Jan. 13, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Eduardo Nebot as a new member of the VivoPower Advisory Council. Based in Sydney, Australia, Eduardo is currently Emeritus Professor at the University of Sydney and a consultant on autonomous systems for various industries, including transport and mining automation. He is also a Fellow... Read More

LONDON, Jan. 13, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to provide a strategic investment, financing and development update for its wholly owned subsidiary, Tembo e-LV B.V. (“Tembo”). Tembo and Toyota Motor Corporation Australia Limited (“Toyota Australia”) have now concluded the Design Services Agreement with Toyota Australia for the LandCruiser 70 Series. VivoPower and... Read More

BRISBANE, Nov. 14, 2022 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company and its wholly-owned subsidiary, Tembo EV Australia Pty Ltd (“Tembo Australia”), has entered into a Supply Agreement with the Evolution Group Holdings Limited (“EGH”, “Evolution”) for... Read More

Definitive distribution agreement for a minimum of 4,000 kits until December 2027 Represents VivoPower’s largest distribution deal to date for Tembo kits Definitive agreement increases total commitments and orders to over 10,000 kits Heralds Tembo’s entry into 2 nd hand vehicle repowering market Total addressable market for 2 nd hand vehicle repowering estimated to be worth $110 bn* LONDON, Nov. 08, 2022 (GLOBE NEWSWIRE) --... Read More

On October 28, 2022, VivoPower International PLC (the “Company” or “VivoPower”) received a letter (the “Notice”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based on the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company no longer meets the requirement to maintain a minimum bid price of $1 per... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company has published its quarterly newsletter, detailing key financial and operational developments for the quarter ended September 30, 2022. The newsletter is available on the Investors section of the VivoPower website and at the link below. VivoPower Quarterly Newsletter | Q 1 FY2 3 About VivoPower VivoPower is a sustainable energy... Read More

Tembo distribution partner network and geographic reach considerably expanded; additional commitments for 3,350 e-LV conversion kits. Toyota partnership cemented with a Design Services Agreement Divestiture of non-core businesses in Aevitas to refocus on growth in Solar and key contract awarded on Edenvale Solar Farm Cash balance at June 30, 2022 of $1.3m but increased to $8.9m post balance date following completion of... Read More

VivoPower International PLC (“VivoPower,” the “Company”) is pleased to confirm that it will announce results for the full year ended 30 June 2022, on Monday, 29 August 2022, at 16:30 EST / 21:30 GMT. The Company also confirmed that Kevin Chin, Executive Chairman and CEO, will host an earnings conference call on Monday, 29 August 2022, at 17:00 EST / 22:00 GMT. Please register at the following link in order to obtain a... Read More

VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) today announced that it has entered into a definitive agreement with a single U.S. institutional investor for the purchase and sale of 4,230,770 ordinary shares of the Company (or ordinary share equivalents in lieu thereof) at an offering price of $1.30 per share, for gross proceeds of approximately $5.5 million before deducting fees and other... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary, Tembo E-LV, has secured an order for its EV conversion kits from Atlas Iron, a leading iron ore mining company based in Perth, Western Australia, and a subsidiary of Hancock Prospecting Pty Ltd (“HPPL”). Atlas Iron operates the Mt Webber, Sanjiv Ridge, and Miralga mines. Built on a long and special history of... Read More

Divestiture of two non-core, legacy business units, J.A. Martin Electrical contracting business and NDT business Fast-growing J.A. Martin Solar business unit to be retained and integrated with Aevitas Kenshaw Caret Solar also expected to be divested via a trade sale, spin off or carve out as part of strategic reorganization plan Proceeds to be primarily reinvested in high-growth electric vehicle and sustainable energy... Read More

Contract represents the largest ever solar contract for electrical works won by VivoPower The 240MWdc solar contract for electrical works is worth A$11.7m The Edenvale Solar Farm in Queensland, Australia will generate 425,000MWh of clean energy per year and avoid the emission of 300,000 tonnes of carbon dioxide VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary... Read More

Toyota Australia is a wholly owned subsidiary of Toyota Motor Corporation, the world’s largest car manufacturer VivoPower has now established a Tembo Australia subsidiary and dedicated Tembo resources to this Toyota Australia programme VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) is pleased to announce that it has executed a Design Services Agreement (“DSA”) with Toyota Motor Corporation... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company has published its first quarterly newsletter, detailing key financial and operational developments for the quarter ended March 31, 2022. The Company expects to issue future newsletters following quarterly periods when half-year or full-year results are not published. The newsletter is available on the Investors section of the... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) announced today that A.G.P./Alliance Global Partners has initiated research coverage on the Company with an initial “Buy” recommendation and price target of $5.00 per share. The initiation report, written by Jeffrey Campbell, Managing Director, Equity Research, Alternative Energy, Energy, and Sustainability Research, A.G.P., was published on March 31, 2022, and can be... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) announced today that the Company has been invited to present at the Alliance Global Partners Virtual Energy Conference , to be held on Wednesday, April 6, 2022. The Company’s Executive Chairman and Chief Executive Officer , Kevin Chin and Managing Director and Head of Corporate Development, Matt Davis will be available for one-on-one investor meetings during the... Read More

Key strategic initiatives executed upon despite COVID-19 disruptions Revenue, GP and EBITDA decline due to strict prolonged COVID-19 lockdowns in key markets, especially Australia Definitive distribution partnerships for Tembo e-LV kits executed with GHH and Bodiz Full ownership of US solar portfolio secured, rebranded to Caret and launched cryptomining venture, Caret Decimal VivoPower International PLC (NASDAQ: VVPR)... Read More

VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, Kenshaw Electrical Pty Limited (“Kenshaw”), has completed a move to a new headquarters and workshop facility to support the business’s expanding operations. Located in Cardiff, New South Wales, the new 10,000 square meter (108,000 square feet) facility provides 2,763 square meters... Read More

VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to announce that its wholly-owned subsidiary in the Netherlands, Tembo e-LV B.V. (“Tembo”), will move to an expanded electric light vehicle (“e-LV”) development and assembly facility in Eindhoven in May 2022. Currently based in Bergeijk, Tembo’s e-LV conversion kits transform diesel-powered vehicles into customized and/or ruggedized e-LVs for... Read More

VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to confirm that it will announce results for the half year ended December 31, 2021, on Thursday, February 24, 2022, at 16:30 EST / 21:30 GMT. The Company also confirmed that Kevin Chin, Executive Chairman and CEO, will host an earnings conference call on Thursday, February 24, 2022, at 17:00 EST / 22:00 GMT. The dial-in phone numbers for the... Read More

Caret Decimal Inc . is created in partnership with an experienced New York based crypto-mining team and founding shareholder Caret Caret Decimal’s mission is to be the most efficient vertically integrated net zero powered digital asset mining company in the United States Caret will contribute an initial 206 MW DC of solar sites in Texas in exchange for $20m of equity Once fully operational, the mining sites are expected to... Read More

GB Auto are Tembo’s exclusive distribution partner in Australia T ransaction expected to be completed at an enterprise value of 3.6x FY21 EBITDA (unaudited) VivoPower International PLC (Nasdaq: VVPR) (“Vivopower” or the “Company”) is pleased to announce that the Company has entered into a non-binding letter of intent to acquire 100% ownership of Bensley Auto Investments Pty Ltd, the parent company of GB Auto Group Pty... Read More

VivoPower establishes UAE subsidiary at the world ’ s premier free trade zone, DMCC in Dubai UAE has announced its US$200bn Net Zero 2050 Strategic Initiative VivoPower will service Middle East, Africa, and Indian sub-continent markets from Dubai hub VivoPower International PLC (NASDAQ: VVPR) (“VivoPower”, the “Company”) is pleased to announce that it has established a subsidiary in the United Arab Emirates (UAE) as it... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) has been awarded a contract to complete all electrical works for the 119MWdc Hillston Solar Farm in the Riverina region of southwestern New South Wales. Construction has already commenced with the project to be the third Australian solar farm... Read More

Award is for hyper - turnaround of VivoPower , completed in only 7 months Hyper - turnaround was led by Kevin Chin, founder of Arowana VivoPower International PLC (“VivoPower”) is pleased to announce that the company has been recognised as one of the global winners of the 2021 Turnaround Management Association (TMA) Transaction of the Year Awards. The honour is in recognition of the hyper-turnaround of VivoPower in 2020 and... Read More

Global mining solutions provider GHH G roup GmbH plans to purchase 3 ,000 electric light vehi cle conversion kits from VivoPower subsidiary Tembo e-LV B.V over the next 5 years . Multi-national partnership across over 50 countries is the Company’s fifth major distribution deal and largest to date by unit volumes . VivoPower now has Tembo distribution partners on six continents, with potential commitments totaling 7 , 825... Read More

VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to advise that the Company has rebranded its U.S. solar development unit, formerly known as Innovative Solar Ventures I LLC, renaming the business Caret LLC (“Caret”) coupled with a new Power-to-X strategy for the business unit, in order to maximize value with a view to a future potential exit (as has been previously announced). Caret... Read More

Completed strategic transformation to sustainable energy solution (“SES”) Acquired Tembo e-LV; distribution partner potential commitments for nearly 5,000 electric vehicle conversion kits Raised $32 million in net proceeds from equity offerings; balance sheet fortified Annual revenues of $40.4 million, impacted by COVID lockdowns Underlying EBITDA decline to ($1.4) million loss from $3.9 million profit in FY20 VivoPower... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to confirm that it will announce full year results for the year ended June 30, 2021, on Monday, August 23, 2021 at 8:00 EDT. The Company also confirmed that Kevin Chin, Executive Chairman and CEO, will host an earnings conference call on Monday, August 23, 2021 at 8:30 EDT. The dial-in phone number for the live audio call are: Conference ID: 4683937 Date of... Read More

Leading Mongolian autom otive distributor Bodiz International Group LLC intends to purchase 350 electric light vehi cle conversion kits from VivoPower subsidiary Tembo e-LV B.V over the next 5 years . VivoPower e stimate s the value of the Distribution Agreement to be US$ 29 m . The Distribution Agreement mark s the Company’s fourth major distribution deal across four continents . VivoPower International PLC (NASDAQ: VVPR,... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company has secured a settlement resulting in it gaining full ownership of the remaining 50% of the equity interest in its solar development portfolio in the United States (the “Portfolio”). Ownership of the Portfolio was previously shared 50/50 with the Company’s former joint venture partner, Innovative Solar Systems LLC (“ISS”).... Read More

Tottenham Hotspur (“The Club”) has today announced that its Official Battery Technology Partner, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”, the “Company”) has completed feasibility studies to assess initial opportunities for sustainable energy solutions (“SES”) at both Tottenham Hotspur Stadium and the Club’s Hotspur Way Training Centre in Enfield. The Club and VivoPower are now exploring the potential of... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, Kenshaw Electrical Pty Limited (“Kenshaw”), has been awarded a contract to supply and install electrical generators to a new COVID-19 mass vaccination hub soon to be opened in Belmont, New South Wales. The generators delivered by Kenshaw will support critical refrigeration of vaccines and air... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) hereby announces that Executive Chairman and CEO, Kevin Chin, has increased his shareholding in the Company by 328,888 shares (representing approximately 1.8% of the issued shares of the Company). This has been effected through the election of receipt of VivoPower shares as a result of the settlement of a default loan obligation owing to Arowana Partners Group Pty Ltd... Read More

Nasdaq-listed corporate decarbonization business VivoPower International PLC (NASDAQ: VVPR) today announced an exclusive manufacturing collaboration with Toyota, the world's largest carmaker. Toyota Australia intends to integrate VivoPower's conversion kits to electrify its iconic Land Cruiser vehicles during the build process - turning chassis originally destined to be diesels into emission-friendly EVs with VivoPower... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company has entered into a binding Letter of Intent (“LOI”) with Toyota Motor Corporation Australia Limited (“Toyota Australia”) to create a collaboration program between VivoPower and Toyota Australia for electrification of Toyota Landcruiser vehicles using conversion kits designed and manufactured by VivoPower’s wholly-owned electric... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company has signed a definitive agreement with Canadian industrial equipment distributor Acces Industriel Mining Inc. (“Acces” or the “Distributor”) for Acces to distribute electric light vehicles (“e-LVs”) in Canada, using e-LV conversion kits from VivoPower’s wholly-owned subsidiary Tembo e-LV B.V. (“Tembo”). Under the agreement (the... Read More

Upon completio n, Arctic Truc ks Limited would commit to purchase 800 electric light vehi cle conversion kits from VivoPower subsidiary Tembo e-LV B.V over the next 5 ½ years Arctic Trucks specializes in re-engineering and conversion of four-wheel drive vehicles for extreme conditions VivoPower e stimate s the value of the Proposed Agreement to be US$ 58 m The Proposed Agreement would mark the Company’s third major... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”), an international provider of turnkey decarbonization solutions to industry, today released a white paper entitled “Assessing Total Cost of Ownership of Electric Light Commercial Vehicles,” which provides a framework for owners of light commercial vehicle fleets to evaluate the total cost of ownership (“TCO”) of converting to a fleet of electric light commercial... Read More

When finalized, Canadian industrial equipment distributor Acc e s Industriel Mini ng Inc. would commit to purchase 1,675 Land Cruiser electric conversion kits from VivoPower subsidiary Tembo e-LV B.V over the period to December 202 6 VivoPower e stimate s the value of the Proposed Agreement to be US$120m The Proposed Agreement would mark the Company’s second major distribution deal, follow ing the Australian distribution... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) announced today that the Company has been invited to present at Oppenheimer’s 6 th Annual Emerging Growth Conference , to be held virtually on May 11-12, 2021. This virtual conference will feature one-on-one and small group meetings with over 50 emerging companies in the Technology, Industrial Growth and Consumer sectors. The Company’s Executive Chairman and Chief... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that Jos van der Linden has joined the Company in the role of Managing Director (Netherlands) for the Company’s electric light vehicle division, Tembo e-LV B.V. (“Tembo”). Mr. van der Linden is a seasoned executive who has spent his career at the forefront of vehicle electrification and renewable energy. For more than a decade, he worked for... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that James Howell-Richardson has joined the Company in the role of General Counsel. Based in London, Mr. Howell-Richardson spent the last decade working as part of the senior leadership team for NYSE-listed Bristow Group Inc., the world’s leading global helicopter operator. In that role, Mr. Howell-Richardson oversaw the legal function and a... Read More

Edison has today published its first report and valuation on VivoPower International PLC (NASDAQ: VVPR). The detailed analysis, being distributed globally to thousands of professional and private investors, values the business at $19 a share. At market close Monday (March 29), VivoPower stock stood at $8.06. At the core of Edison’s valuation is its view of the business’ accelerating growth strategy and ‘transformational’... Read More

VivoPower is building a sustainability orientated business focused on decarbonisation of the economy, through electric transportation and renewable energy generation services. The move into electric vehicles through the acquisition of Tembo is a step-change. It brings significant growth potential in a niche market while VivoPower's scale and presence has already delivered a transformational deal to this new activity. This... Read More

VivoPower is building a sustainability orientated business focused on decarbonisation of the economy, through electric transportation and renewable energy generation services. The move into electric vehicles through the acquisition of Tembo is a step-change. It brings significant growth potential in a niche market while VivoPower's scale and presence has already delivered a transformational deal to this new activity. This... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) announced today that Executive Chairman and Chief Executive Officer, Kevin Chin and Executive Director, Matt Cahir , have been invited to present at this week’s Virtual Roth Conference , presented by Roth Capital Partners (“Roth”). Roth’s 33 rd annual investor conference is being held virtually from March 15-17, 2021, bringing together senior executives from over 400... Read More

VivoPower International PLC (Nasdaq: VVPR, the "Company") announced today that Executive Chairman and Chief Executive Officer, Kevin Chin and Executive Director, Matt Cahir , will be presenting at the Inaugural Emerging Growth Virtual Conference, presented by M Vest LLC and Maxim Group LLC. The conference will take place on March 17 and 18 from 9:00 am to 5:00 pm EST and will feature roundtable discussions, issuer... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) has recently been awarded a contract to complete all electrical works for the 200 MW Blue Grass Solar Farm located near the town of Chinchilla in the Australian state of Queensland. The project will be the third Australian solar farm completed by... Read More

Revenue, GP and EBITDA decline due to strict COVID lockdowns in Australia Strategic pivot to enter commercial electric vehicle (EV) market completed with Tembo e-LV acquisition Completion of 100% purchase of Tembo post balance date ahead of plan Execution of transformational $250 million partnership deal with GB Auto in Australia First sustainable energy solution (SES) deal with Tottenham Hotspur Football Club VivoPower... Read More

In a first-of-its-kind partnership, VivoPower will explore future solutions that will help Tottenham Hotspur accelerate towards becoming a net zero carbon business The NASDAQ-listed sustainable energy solutions provider curates, integrates and scales solutions for businesses on a mission to rapidly accelerate their decarbonisation Tottenham Hotspur is dedicated to minimising its environmental impacts across its operations... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Hugh Durrant-Whyte as the sixth and final member of the VivoPower Advisory Council. Hugh Durrant-Whyte is Chief Scientist & Engineer for the state of New South Wales in Australia, and a world-leading authority on robotics, automation, machine learning, and the application of all three. He previously served as Chief Scientific... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that it has sold its majority ownership stake in the Daisy Hill Solar Farm (the “Project”), an approximately 6.3 MW-DC (approximately 5.0 MW-AC) grid connected solar farm being developed near the town of Hillston in New South Wales, Australia. The Company’s interest in the Project was acquired by an affiliate of IT Power (Australia) Pty Ltd... Read More

VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”) is pleased to confirm that it will announce results for the half year ended December 31, 2020, on Wednesday, February 24, 2021 at 16:00 EST / 21:00 BST. The Company also confirmed that Kevin Chin, Executive Chairman and CEO, will host an earnings conference call on Wednesday, February 24, 2021 at 16:30 EST / 21:30 BST, alongside other key leaders of VivoPower. The... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that, following board approval, it has completed the definitive acquisition of the remaining 49% of Tembo e-LV B.V. (“Tembo”). Tembo is a specialist battery-electric and off-road vehicle company that focuses on designing and building ruggedized light electric vehicle solutions for customers across the globe in the mining, infrastructure,... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) has recently completed all electrical works for the 39 MWdc Molong Solar Farm, located 40 kilometers northwest of the town of Orange in New South Wales. The project is the second Australian solar farm completed by J.A. Martin in partnership with... Read More

VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company and its 51% subsidiary, Tembo e-LV B.V. (“Tembo”), has signed a definitive agreement with GB Auto Group Pty Limited and GB Electric Vehicles Pty Ltd (collectively, “GB Auto”), which will expand GB Auto’s position as Australia’s exclusive distributor of the Tembo electric Toyota Land Cruiser, electric Toyota Hilux, and Tembo... Read More