Tag: Renewable Energy

European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that “no windmills” are built on his watch, criticising the sector less than two weeks before he is due to take office.

Norway’s Equinor said on Thursday it had secured a financing package of more than $3 billion for its Empire Wind 1 offshore wind power project in the United States.

Oil major Shell and Norway’s Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.

Norway’s Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.

SolarEdge Technologies Inc.’s shares plunged more than 20% after the solar-equipment maker took a $1 billion writedown and warned margins for the current quarter will be non-existent or even negative.

Solar stocks are falling on fears that Trump’s second term would spell trouble for the Inflation Reduction Act, which has fueled a clean energy boom in the U.S. through tax credits to expand solar energy.

Shares of Nextracker gained after the company raised its full-year profit outlook, a move that came as it posted higher-than-expected results in its fiscal second quarter. The stock rose 16% to $37.01 in after-hours trading Wednesday.

First Solar stock fell sharply early Wednesday, a drop that analysts attribute to various factors apparent in its latest earnings report released Tuesday.

Enphase Energy Inc. shares fell more than 12% in the extended session Tuesday after the maker of solar microinverters and battery systems reported weaker quarterly results and called for lower sales ahead.

GE Vernova reported weaker-than-expected third-quarter earnings, falling short of investors’ high expectations. Shares fell in early trading.

Norway’s Equinor has bought a 9.8% stake valued at around $2.5 billion in Danish offshore wind farm developer Orsted, it said on Monday, as it seeks to build up its renewables portfolio.

A massive battery recycling plant is being built in Germany by Cylib, a startup looking to reduce waste from EV batteries that have reached the end of their life.

SolarEdge Technologies stock was rising Monday after the solar-equipment maker announced that its chief executive officer has stepped down.

Ο κ. Γρηγορίου δήλωσε ότι “η εταιρεία θα επιδιώξει επιπλέον χρηματοδότηση” προκειμένου να καλύψει τού επενδυτικό της πλάνο των 64 εκατ. ευρώ. Σε ό,τι αφορά την εταιρεία προβλέπει “τον σχεδιασμό, την ανάπτυξη καινοτόμων συστημάτων κυψελών καυσίμου υδρογόνου και συστημάτων ηλεκτρολυτών και τη δημιουργία 650 θέσεων εργασίας”.

SolarEdge Technologies Inc reported second quarter EPS of $-1.79, $0.27 worse than the analyst estimate of $-1.52. Revenue for the quarter came in at $265.4M versus the consensus estimate of $264.31M.

Ed Miliband has raised potential financial support for new renewable power projects to a record £1.56bn a year in a decision that follows intense lobbying from the clean energy industry.

H ΤΕΡΝΑ Ενεργειακή σε συνεργασία με την τσιμεντοβιομηχανία ΤΙΤΑΝ είναι όπως όλα δείχνουν η κοινοπραξία που θα αναλάβει ένα από τα μεγαλύτερα έργα στον τομέα της διαχείρισης αποβλήτων. Οι πληροφορίες αναφέρουν ότι η συγκεκριμένη κοινοπραξία έδωσε χθες τη μοναδική προσφορά στον διαγωνισμό για την κατασκευή μονάδας επεξεργασίας αποβλήτων, στον δυτικό τομέα Θεσσαλονίκης (Περιφέρεια Κεντρικής Μακεδονίας).

GE Vernova reported quarterly earnings that were better than expected. It’s a solid first quarter for the company spun out of GE.

SolarEdge Technologies stock was falling Tuesday after the solar panel company announced that one of its customers has filed for bankruptcy.

Η Masdar θα εκκινήσει υποχρεωτική δημόσια πρόταση σε μετρητά για την απόκτηση όλων των υπόλοιπων μετοχών της ΤΕΡΝΑ ΕΝΕΡΓΕΙΑΚΗ με σκοπό να φτάσει το 100%