Solar

EQS-News: LPKF reports strategic successes and narrowly achieves forecast for 2023 financial year

Retrieved on: 
Wednesday, April 10, 2024
EUR, Solar, Development, Growth, Garbsen, LTI, AI, Glass, Adjustment, Electronics, Semiconductor, Courage

LPKF had forecast Group revenue of between EUR 125 million and EUR 135 million and an EBIT margin of 3–7% for the 2023 financial year.

Key Points: 
  • LPKF had forecast Group revenue of between EUR 125 million and EUR 135 million and an EBIT margin of 3–7% for the 2023 financial year.
  • These include severance costs and the change in the value of virtual share options issued in 2023.
  • The Management Board believes that LPKF has made good progress towards achieving its strategic corporate targets in key areas in the 2023 financial year.
  • LPKF expects these costs to amount to 0.5 – 1.5% of revenue in the 2024 financial year.

Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024

Retrieved on: 
Thursday, March 28, 2024
Hydrogen, Smith International, FEED, Bank of Montreal, Electricity, Financial management, General Electric, Solar, VS1, SM1, Électricité de France, CFO, Partnership, CSIRO, Oil Search, ARENA, California Resources Corporation, Aviation, Carbon, Eye, Investment, Convertible, Research and development, Occidental Petroleum, BMO Capital Markets, CSP, Business, Calendar, Government, Engineering, Renewable energy

SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company’s fiscal 2024, comprising the six months ended December 31, 2023.

Key Points: 
  • During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
  • “The support Vast has received from our strategic partners has been very meaningful to the progress of our company, both from a financial as well as operational standpoint,” said Craig Wood, CEO of Vast.
  • During the first half of fiscal year 2024, Vast continued to make progress on its first utility-scale project for power generation, known as VS1, located in Port Augusta in South Australia.
  • As of December 31, 2023, Vast had total diluted common shares outstanding of 29,291,884.

Thayer Street Partners’ Managing Partner Josh Koplewicz to Present at The Consumer & Esoteric Forum

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Finance, Odyssey, Risk, Solar, Data, Partner (business rank)

Thayer Street Partners Management, LLC (“Thayer Street”), a private investment firm that provides flexible growth capital to technology-enabled financial, real estate, and business services companies, today announced that its Founder and Managing Partner, Josh Koplewicz, will speak at Invisso’s 2024 Consumer & Esoteric Forum April 10-11th in New York City.

Key Points: 
  • Thayer Street Partners Management, LLC (“Thayer Street”), a private investment firm that provides flexible growth capital to technology-enabled financial, real estate, and business services companies, today announced that its Founder and Managing Partner, Josh Koplewicz, will speak at Invisso’s 2024 Consumer & Esoteric Forum April 10-11th in New York City.
  • This year’s Consumer & Esoteric Forum will examine new opportunities in the more unchartered territory of esoteric financial assets like IP Royalties, Leasing, Solar, Data Centers, and more.
  • In their session, “2024: An Esoteric Odyssey – Examining Esoteric Opportunities”, Mr. Koplewicz will join other industry leaders to present an overview of esoteric asset investing including the underlying collateral by asset class and their unique risk and return profiles.
  • In addition, they’ll weigh in on other factors influencing investment decisions, including valuation & due diligence, interest rates & inflation, and the various legal & structural differences across niche asset classes.

AITX’s RAD Expands Further into Oil and Gas Industry with Solar-Powered AVA

Retrieved on: 
Wednesday, March 13, 2024
Solar, Intelligence, Gas, RAD, AVA, Safety, Oil, Artificial intelligence, Renewable energy

Detroit, Michigan, March 13, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced it received the first order for a solar-powered AVA™ autonomous access control device. The end user is in the Oil & Gas industry and seeks to automate ingress and egress to remote areas in order to reduce manned guard service expense.

Key Points: 
  • The end user is in the Oil & Gas industry and seeks to automate ingress and egress to remote areas in order to reduce manned guard service expense.
  • Within the Oil & Gas industry, securing access to remote sites is essential for ensuring safety and protecting valuable assets.
  • To address these challenges, there's a growing trend towards deploying innovative access control solutions, such as RAD’s Solar AVA.
  • Reinharz added, "The potential for RAD’s security and access control solutions in the Oil & Gas industry is immense.

Boasting Highest Number of Unicorns in Europe, the U.K. Celebrates Startups with Limited-Time Statue in New York City

Retrieved on: 
Wednesday, March 27, 2024
Hardware, Other Communications, Start-Up, Technology, Finance, Marketing, Fintech, Advertising, Communications, Professional Services, Artificial Intelligence, Other Technology, Biotechnology, Software, Internet, Health, Solar, Starling Bank, Growth, Octopus Energy, Research, Revolut, Artificial intelligence, AI, DeepMind, Marshmallow, Breeding, Quantum, Cowboy, Rise, Government, Barclays, GREAT, Cryptocurrency

GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.

Key Points: 
  • GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.
  • See a full list of all founders featured on the statue here .
  • The country has generated more unicorn companies than France and Germany combined, with particular strengths in artificial intelligence, fintech, health and biotech.
  • Though the number of unicorns worldwide has increased to over 1,000, unicorns still represent less than 1% of all venture-backed startups .

Race Rock Aims to Create a Powerhouse of Resources, Expertise, and Innovation in the Infrastructure Sector

Retrieved on: 
Tuesday, March 26, 2024
Building Systems, Commercial Building & Real Estate, Construction & Property, Energy, Manufacturing, Other Transport, Trucking, Transport, Urban Planning, Other Manufacturing, Logistics, Supply Chain Management, Steel, Utilities, Other Construction & Property, Engineering, Solar, Communication, Structure, Wind, Telecom, Telecommunications, Multimedia

By bringing together these industry-leading entities, Race Rock aims to create a powerhouse of resources, expertise, and innovation in the infrastructure sector.

Key Points: 
  • By bringing together these industry-leading entities, Race Rock aims to create a powerhouse of resources, expertise, and innovation in the infrastructure sector.
  • This combination will enable Race Rock to offer a more comprehensive solution portfolio, encompassing a wider range of products and services.
  • "We are excited about the opportunities that this integration provides," said Brian Desigio, President at Race Rock.
  • Customers can expect a seamless transition and continued support as Race Rock works to enhance its offerings and expand its reach.

Jackery to Power Up the National Hardware Show (NHS) with Innovative Solar Solutions

Retrieved on: 
Monday, March 25, 2024
Home Goods, Building Systems, Residential Building & Real Estate, Retail, Alternative Energy, Construction & Property, Green Technology, Energy, Sustainability, Manufacturing, Environment, Other Retail, Other Manufacturing, Machinery, Other Energy, Other Construction & Property, Transfer, Emergency, Electricity, Solar, E1000, Gardening, Exploration, Lithium iron phosphate, Light, NHS, DIY, LFP, Sustainable energy, Booth, National Hardware Show, Renewable energy

Among the highlights of Jackery's showcase will be the Solar Generator Home Kit 400W (Auto Transfer Switch+4kWh+200W*2) and the Solar Generator 1000 Plus 100W (Explorer 1000 Plus+100W).

Key Points: 
  • Among the highlights of Jackery's showcase will be the Solar Generator Home Kit 400W (Auto Transfer Switch+4kWh+200W*2) and the Solar Generator 1000 Plus 100W (Explorer 1000 Plus+100W).
  • Jackery Solar Generator Home Kit 400W: Your Reliable Home Back-Up Companion
    The Jackery Solar Generator Home Kit 400W (Auto Transfer Switch+4kWh+200W*2) offers an all-in-one power backup solution perfect for home use, DIY projects, and professional needs.
  • "At Jackery, we understand the importance of reliable power solutions, especially during home improvement work and home DIY projects," said David Bai, Head of R&D Center at Jackery.
  • Experience the future of solar generators firsthand at the National Hardware Show as Jackery showcases its groundbreaking innovations, setting new standards in reliability, sustainability, and versatility.

SolarEdge’s First Commercial Storage System for PV Applications Now Available for Order in Italy

Retrieved on: 
Monday, March 18, 2024
Technology, General Automotive, Engineering, Automotive Manufacturing, Other Energy, Utilities, Manufacturing, Automotive, Alternative Energy, Energy, Environment, Other Technology, Hardware, Green Technology, Solar, Availability, C&I, CSS, SolarEdge, Exhibition, Multimedia, PV

SolarEdge Technologies , Inc. (“SolarEdge” or “the Company”) (NASDAQ: SEDG), a global leader in smart energy technology announced today that the Company’s first Commercial Storage System (CSS) for PV applications is now available for order in Italy.

Key Points: 
  • SolarEdge Technologies , Inc. (“SolarEdge” or “the Company”) (NASDAQ: SEDG), a global leader in smart energy technology announced today that the Company’s first Commercial Storage System (CSS) for PV applications is now available for order in Italy.
  • View the full release here: https://www.businesswire.com/news/home/20240318537949/en/
    SolarEdge’s First Commercial Storage System for PV Applications Now Available for Order in Italy (Photo: Business Wire)
    Designed for small to medium commercial solar installations, the SolarEdge CSS is suited for indoor and outdoor applications.
  • Zvi Lando, CEO, SolarEdge Technologies, said: “We are excited to introduce our first storage solution for commercial-scale solar applications to the Italian market.
  • First shipments of the South African version of the CSS took place in the fourth quarter of 2023.

Tigo Energy Leads with Total Quality Solar at NABCEP Conference 2024

Retrieved on: 
Thursday, March 14, 2024
Technology, Batteries, Alternative Energy, Energy, Software, Hardware, The Green Glove, Success, Solar, Tigo Energy, Pure, Total quality management, Smith, ARAM, NABCEP, CEU, EI, Install, TQS, Renewable energy

Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced that the Company’s commitment to Total Quality Solar (TQS) will underscore its presence at the annual North American Board of Certified Energy Practitioners (NABCEP) conference in Raleigh, North Carolina from March 18-21.

Key Points: 
  • Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today announced that the Company’s commitment to Total Quality Solar (TQS) will underscore its presence at the annual North American Board of Certified Energy Practitioners (NABCEP) conference in Raleigh, North Carolina from March 18-21.
  • For ARAM SOLAR, Tigo support personnel conducted comprehensive design reviews and assisted with multiple commercial solar installations.
  • NABCEP 2024 attendees are invited to visit Tigo at booth #10 or schedule a meeting with a Tigo representative in advance of the conference here .
  • The Tigo sales team is not attending NABCEP 2024, but sales inquiries can be made here .

Canadian Solar Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024
Solar, ASPS, Growth, CFO, Partnership, Topcon, FIT, Nominal power (photovoltaic), BlackRock, Depreciation, Senior, GWP, Investment, Kilowatt-hour, Safety, Recurrence, PPA, Engineering, Total, EPC, Professional, Renewable energy

GUELPH, ON, March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • GUELPH, ON, March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Total operating expenses in the fourth quarter of 2023 were $213 million, compared to $225 million in the third quarter of 2023 and $213 million in the fourth quarter of 2022.
  • Depreciation and amortization charges in the fourth quarter of 2023 were $89 million, compared to $76 million in the third quarter of 2023 and $50 million in the fourth quarter of 2022.
  • Net interest expense in the fourth quarter of 2023 was $18 million, compared to $11 million in the third quarter of 2023 and $11 million in the fourth quarter of 2022.