Alternative Energy

Beazer Homes Acquires 174 Acres in Marietta, Georgia; 591 Homes Planned

Retrieved on: 
Wednesday, May 1, 2024
Alternative Energy, Energy, Residential Building & Real Estate, Construction & Property, Utilities, Sale, Greenhouse, City, Ernest W. Barrett Parkway, Certification, Home, Mortgage Choice, Environment, Acquisition, Garden, Beazer Homes USA, Real estate

Beazer Homes today announced the acquisition of a 174-acre property in Marietta, Ga. which will be home to its newest community, GreenHouse.

Key Points: 
  • Beazer Homes today announced the acquisition of a 174-acre property in Marietta, Ga. which will be home to its newest community, GreenHouse.
  • The community will offer 591 homes south of Barrett Parkway between Bells Ferry Road and I-575.
  • Site work will begin this summer and the first homes are slated to open for sale in Fall 2025.
  • Beazer Homes does not participate in the profitability of any loan program, ensuring buyers receive the most favorable terms available for their loan.

Autel Energy Europe Hosts 2024 Partner Summit in Amsterdam, Megawatt Charging System Debut

Retrieved on: 
Wednesday, May 1, 2024
Vehicle Technology, EV, Electric Vehicles, Sustainability, Alternative Energy, Alternative Vehicles, Fuels, Batteries, Energy, Technology, Automotive, Environment, Other Transport, Green Technology, Transport, Compact, Watt, Electric power distribution, Multimedia, Partner, Renewable energy

Autel Energy Europe, a leading provider of EV charging products and services, has successfully concluded its Autel Partner Summit at the prestigious Muziekgebouw in Amsterdam.

Key Points: 
  • Autel Energy Europe, a leading provider of EV charging products and services, has successfully concluded its Autel Partner Summit at the prestigious Muziekgebouw in Amsterdam.
  • View the full release here: https://www.businesswire.com/news/home/20240501790167/en/
    Autel Energy Europe Hosts 2024 Partner Summit in Amsterdam (Photo: Business Wire)
    The summit brought together influential figures, key players from the EV industry, esteemed clients, and industry members for engaging discussions and presentations.
  • Autel unveiled its newest innovations at the summit, headlined by the MaxiCharger Megawatt Charging System, offering peak power of 1500A and 1.2 MW charging power.
  • On the second day of the Partner Summit 2024, Autel organized a special visit for clients to their partner, Orange Charging, to experience the unveiling of Autel's MaxiCharger DC HiPower.

Gibraltar Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024
Other Manufacturing, Technology, Agritech, Other Energy, Utilities, Other Technology, Manufacturing, Alternative Energy, Energy, Agtech, GAAP, EPS, Interest, Renewable energy

Operating margin increased 790 basis points driven by volume, price / cost alignment, ongoing strong execution, 80/20 productivity, and improving product mix.

Key Points: 
  • Operating margin increased 790 basis points driven by volume, price / cost alignment, ongoing strong execution, 80/20 productivity, and improving product mix.
  • Mr. Bosway concluded, “Our outlook for 2024 is unchanged.
  • Our first quarter results and momentum to date in the second quarter validate our expectation for strong performance in all four segments, with Renewables and Agtech returning to top-line growth and Residential and Infrastructure positioned to continue executing well.
  • ET to review its results for the first quarter of 2024.

Stryten Energy Awarded MAKE IT Prize Funding for SAVES Project

Retrieved on: 
Wednesday, May 1, 2024
Other Energy, Batteries, Other Manufacturing, Alternative Energy, Energy, Engineering, Technology, Manufacturing, MAKE, EERE, Renewable energy, OTT, OCED, Prize

Stryten Energy LLC, a U.S.-based energy storage solutions provider, has received an award from the U.S. Department of Energy through the MAKE IT Prize to build a domestic vanadium electrolyte manufacturing plant to support long duration energy storage.

Key Points: 
  • Stryten Energy LLC, a U.S.-based energy storage solutions provider, has received an award from the U.S. Department of Energy through the MAKE IT Prize to build a domestic vanadium electrolyte manufacturing plant to support long duration energy storage.
  • The Securing America’s Vanadium Electrolyte Supply (SAVES) project will deploy Stryten’s proprietary reactor design to provide domestically produced, low-cost electrolyte.
  • The Manufacture of Advanced Key Energy Infrastructure Technologies (MAKE IT) Prize was developed by the Office of Technology Transitions (OTT), the Offices of Clean Energy Demonstrations (OCED), and Energy Efficiency and Renewable Energy (EERE) with the goal of catalyzing the domestic manufacturing of critical clean energy technology components.
  • “Stryten Energy is building the foundation to meet the critical need for vanadium electrolyte, which is central to long-duration energy storage,” said Scott Childers, Vice President of Essential Power at Stryten Energy.

Greenidge Generation Announces Preliminary Financial and Operating Results for the First Quarter 2024 and Release of Investor Presentation

Retrieved on: 
Wednesday, May 1, 2024
Other Energy, Professional Services, Utilities, Fintech, Data Management, Alternative Energy, Energy, Technology, Cryptocurrency, Engineering, Finance, Manufacturing, Planet, Indian stock exchange, PST, Adjustment, Miner

Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the first quarter of 2024.

Key Points: 
  • Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the first quarter of 2024.
  • Greenidge will be filing an updated investor presentation in conjunction with the event.
  • The preliminary financial and operating results set forth above for the three months ended March 31, 2024, reflect preliminary estimates with respect to such results based solely on currently available information, which is subject to change.
  • Readers are cautioned not to place undue reliance on such preliminary results which are unaudited and constitute forward-looking statements.

UGI Declares Common Dividend

Retrieved on: 
Wednesday, May 1, 2024
Alternative Energy, Energy, Utilities, Oil, Gas, UGI Corporation, UGI, Holding company

The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock.

Key Points: 
  • The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock.
  • The dividend is payable July 1, 2024, to shareholders of record as of June 14, 2024.
  • UGI has paid common dividends for 140 consecutive years.
  • UGI’s Board of Directors also declared a quarterly dividend of 0.125% per annum, payable in cash, on the Company’s convertible preferred stock.

Li-S Energy Next Generation Batteries Pass Critical Safety Tests

Retrieved on: 
Wednesday, May 1, 2024
Technology, Engineering, Automotive Manufacturing, Aerospace, Manufacturing, Alternative Energy, Energy, Batteries, Hardware, Multimedia, Fire, ASX, Cell, LIS, Safety, Electric battery

View the full release here: https://www.businesswire.com/news/home/20240501670931/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240501670931/en/
    The nail penetration tests were performed on multi-layer 2.5Ah lithium sulfur cells built on the company’s Phase 2 micro-production line.
  • Nail penetration tests involve penetrating the battery cell with a steel nail under precise conditions in a blast proof test chamber.
  • This is nearly double the gravimetric energy density and comparable for volumetric energy density to current lithium-ion batteries.
  • Li-S Energy CEO Dr Lee Finniear said: “Amid growing public concern about the safety of lithium-ion batteries and battery fires, delivering a safe battery is vitally important.

Gold H2 Appoints Prabhdeep Singh Sekhon as CEO

Retrieved on: 
Wednesday, May 1, 2024
Alternative Energy, Energy, Other Energy, Oil, Gas, Hydrogen, Carbon, NextEra Energy Resources, University, Texas A&M University, Emission intensity, Mechanical engineering, Investment, Direct air capture, New business development, DAC, Hess Corporation, Strategic planning, NextEra Energy, CCUS, Data science, Utilization, Petroleum engineering, Sekhon, Center of excellence, Multimedia, Biotechnology

Gold H2 , a Houston-based clean-hydrogen producing company, today officially announced that Prabhdeep Singh Sekhon has been appointed as Chief Executive Officer, effective immediately.

Key Points: 
  • Gold H2 , a Houston-based clean-hydrogen producing company, today officially announced that Prabhdeep Singh Sekhon has been appointed as Chief Executive Officer, effective immediately.
  • Following successful field trial results in 2022, Cemvita spun out Gold H2 as a separate business, Gold H2, Inc. (“GH2”).
  • “I was drawn to Gold H2 because of its innovative mission to support the U.S. economy in this historical energy transition,” said Sekhon.
  • “There is so much opportunity ahead of Gold H2 as the first company to use microbes in the subsurface to create a clean energy source,” said Sekhon.

First Solar, Inc. Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024
Environment, Technology, Construction & Property, Utilities, Sustainability, Building Systems, Alternative Energy, Green Technology, Energy, Hardware, Internal Revenue Code, First Solar, Webcast, Inflation

We forecast Section 45X tax credits of approximately $400 million in the first half of the year and $620 million in the second half of the year.

Key Points: 
  • We forecast Section 45X tax credits of approximately $400 million in the first half of the year and $620 million in the second half of the year.
  • Among other things, such factors include (i) the total Section 45X tax credit and (ii) the timing and ability to monetize such credit.
  • Investors are encouraged to listen to the conference call and to review the accompanying materials, which contain more information about First Solar’s first quarter 2024 financial results, 2024 guidance, and financial outlook.
  • First Solar has scheduled a conference call for today, May 1, 2024 at 4:30 p.m.

Spruce Power to Release First Quarter 2024 Results and Host Conference Call on May 15

Retrieved on: 
Wednesday, May 1, 2024
Technology, Batteries, Alternative Energy, Energy, Webcast, Spruce

Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it will report first quarter 2024 financial results after the stock market close on Wednesday, May 15.

Key Points: 
  • Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it will report first quarter 2024 financial results after the stock market close on Wednesday, May 15.
  • Spruce will issue a press release reporting its results, which will be available on the Investor Relations section of its website at https://investors.sprucepower.com/overview/default.aspx .
  • Management will then host a conference call and webcast for investors and analysts at 2:30 P.M. MDT to discuss the results.
  • A replay of the conference call can be accessed by dialing 800-770-2030 and referencing conference ID 6052195.