FREMONT, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the availability of its new portable energy system, the IQ® PowerPack 1500, for pre-order in the United States and Canada. This latest addition to the Enphase suite of products... Read more
Brisbane, Queensland, Australia--(Newsfile Corp. - November 21, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the launch of SUPER G®, a graphene slurry which can be used to enhance the performance of lithium-ion batteries. This breakthrough product has the potential to reshape the future of energy storage, offering battery m... Read more
TUTCO to manufacture and sell resistive heaters to Brenmiller TUTCO heaters to be used in bGen™ ZERO systems set to be delivered to current projects in Israel and Europe as well as new projects expected from Brenmiller’s robust global project pipeline Brenmiller Energy and TUTCO are joining forces with an aim to accelerate the shift toward electrification and decarbonization of industry ROSH... Read more
Sunnova is working with the Penobscot Nation to deploy an innovative microgrid system to establish dependable power for the isolated Tribal Nation during electrical grid interruptions HOUSTON / Nov 19, 2024 / Business Wire / Sunnova Energy International, Inc. ("Sunnova") (NYSE: NOVA), an industry-leading adaptive energy services company, announced it was selected by the Penobscot Nation to deploy... Read more
Brisbane, Queensland, Australia--(Newsfile Corp. - November 19, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene. SINGAPORE GREEN BUILDING COUNCIL PRODUCT APPROVALThe Singapore Green Building Council has approved THERMAL-XR to be certified... Read more
ELKO, NV / ACCESSWIRE / November 14, 2024 / In a strategic move underscoring the Company's commitment to advancing electrification and a low carbon economy, Lithium Corporation (OTCQB:LTUM) ("LTUM" or "the Company") announced today it is expanding its scope beyond mineral exploration to actively evaluating opportunities in renewable energy generation and energy storage. These closely related sectors... Read more
AUSTIN, Texas, Nov. 14, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, reports results for its third quarter ended September 30, 2024. "Our Q3 accomplishments underscore the continued execution... Read more
Critical Power Business Segment Revenue Up 130% Declares One-time Special Cash Dividend of $1.50 per share Guides to $27 Million to $29 Million of Revenue for 2025 FORT LEE, N.J. / Nov 14, 2024 / Business Wire / Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, and service of distributed energy resources, power generation... Read more
GARDENA, CA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the third quarter of 2024. Q3 2024 Financial Highlights Net sales were $4.9 million, representing the third consecutive quarter of sequential sales improvement and a... Read more
SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc., a leading innovator in energy storage solutions, announced today that it has completed phase one of its loan application for $250M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed with phase two technical due diligence. To meet domestic content requirements for commercial... Read more
Installed and Commissioned Second Energy Center WILSONVILLE, Ore. / Nov 13, 2024 / Business Wire / ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its third quarter ended September 30, 2024. “The core investment... Read more
Revenue backlog grew 33% quarter-over-quarter to $350 million primarily reflecting new contracts in the U.S. with Jupiter Power and Gridmatic; Australia project awards now exceed 2.6GWh Transitional Q3 2024 revenue yielded 40%+ GAAP gross margin with higher services and software content; YTD 2024 GAAP Gross Margins are 28.3% Operating expense improved to $27.6 million in Q3 2024; Adjusted operating... Read more
Cross Trails BESS to provide energy and ancillary services to support renewable energy production and improve grid resiliency in the Electric Reliability Council of Texas (ERCOT) region Upcoming deployment demonstrates Energy Vault’s execution on its growth strategy to maximize capital efficiency and profitability in building, owning and operating energy storage infrastructure WESTLAKE VILLAGE,... Read more
Miami, Florida--(Newsfile Corp. - November 7, 2024) - Brenmiller Energy (NASDAQ: BNRG) is blazing a trail in the thermal energy storage (TES) sector, where the demand for clean, reliable energy solutions is red hot- literally. With revolutionary technology, a strong track record, and a growing portfolio of strategic partnerships, Brenmiller has positioned itself to capitalize. Recently, Brenmiller... Read more
Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - Eguana Technologies Inc. (TSXV: EGT) ("Eguana" or the "Company", a leading provider of high-performance energy storage systems, provides a financial update. During October 2024, Eguana and its senior long-term debt lender continued negotiating a formal loan amendment, for the remaining outstanding balance of US$ 6,453,674 ("Loan Amendment").... Read more
Delivers Gross Margin of 28.5%, up 190 Basis Points From Prior Year Second Quarter Fiscal 2025 Highlights (All comparisons against the second quarter of fiscal year 2024 unless otherwise noted) Delivered net sales of $884M, down 2%, with strength in Motive Power offset by continued pressure in Communications and Class 8 Transportation Energy Systems improving with net sales +6% sequentially and... Read more
NEW YORK & OSLO, Norway & NEWNAN, Ga. / Nov 06, 2024 / Business Wire / FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable clean energy capacity and solutions, today reported financial results for the third quarter of 2024. Results Overview, Financing, and Liquidity FREYR reported a net loss attributable to stockholders for the third quarter of... Read more
David Shaffer to Retire as Chief Executive Officer Shawn O’Connell Named Successor READING, Pa. / Nov 06, 2024 / Business Wire / EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, today announced that David Shaffer has notified the Board of Directors of his intention to retire as President and Chief Executive Officer effective May 2025. As part of a... Read more
EDISON, N.J., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced a new customer agreement with City Utilities (CU) to provide 216 MWh of energy storage for two project sites in Missouri. “This new agreement with... Read more
NORWALK, Conn., Nov. 5, 2024 /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 co-development agreement with Arpinge, a permanent capital vehicle focused on sustainable infrastructure in Italy, to jointly develop a 300 MW Battery Energy Storage System (BESS) portfolio in Southern... Read more
Achieved Cerberus second tranche performance milestones; received incremental $65 million, providing essential capital to serve growing BESS demand Announced a 216 MWh purchase order with City Utilities of Springfield, Missouri, Eos’ largest municipal community owned order to date; shipments expected to begin in 2025 Working closely with Cerberus and the Department of Energy’s Loan Programs... Read more
FREMONT, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful Enphase® Energy System to-date, featuring the new IQ® Battery 5P and IQ8™ Microinverters, for customers in Romania. The new Enphase Energy System... Read more
READING, Pa. / Oct 31, 2024 / Business Wire / EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, is proud to announce that its ABSL™ lithium-ion space battery was successfully launched onboard NASA’s Europa Clipper spacecraft. The launch took place on October 14, 2024, aboard a SpaceX Falcon Heavy Rocket from NASA’s Kennedy Space Center. NASA’s Europa... Read more
Recurrent Energy's latest energy storage and solar tolling agreements with APS support Arizona's expanding energy needs GUELPH, ON and PHOENIX, Oct. 31, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today that it has signed two new tolling... Read more
AUSTIN, Texas, Oct. 31, 2024 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announces that the Company received orders from a global Tier 1 automotive supplier, a NYSE listed company.... Read more
WAUKESHA, Wis., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2024 and provided an update on its outlook for the full-year 2024. Third Quarter 2024 Highlights Net... Read more
TURTLE CREEK, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced the successful achievement of all four of the second performance milestones previously agreed upon between Eos and an affiliate of Cerberus Capital... Read more
Total Consideration of $50 million in cash and equity including the assumption of certain liabilities Management to Host Investor Conference Call at 4:30 pm ET on October 30, 2024 FORT LEE, N.J. / Oct 30, 2024 / Business Wire / Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems,... Read more
Brenmiller’s bGen™ thermal energy storage (TES) solution enables its customers to meet their own decarbonization goals by reducing greenhouse gas (GHG) emissions ROSH HA’AYIN, Israel / Oct 30, 2024 / Business Wire / Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (Nasdaq: BNRG), a leading global provider of TES solutions for industrial and utility... Read more
SAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc., a leading innovator in energy storage solutions, in partnership with Barrio Eléctrico, a Puerto Rico-based nonprofit organization, proudly executed the first installation of the NeoVolta NV24 battery storage systems in Puerto Rico. This milestone marks Barrio Eléctrico's 100th installation and fourth installation under... Read more
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