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Vast Renewables Stock Rallies After It Announced AUD180 Million Funding From ARENA For Clean Energy Project
Wednesday, March 12, 2025 - 9:28am | 277Vast Renewables Limited (NASDAQ:VSTE) has secured up to A$180 million ($113.3 million) in conditional funding from the Australian Renewable Energy Agency to support the construction of its Port Augusta project, Vast Solar 1 (VS1). VS1 will deploy Vast's next-generation concentrated solar thermal...
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BP Forms Offshore Wind JV With Japanese Utility Company Jera, Plans To Launch By Q3
Friday, March 7, 2025 - 10:55am | 424BP plc (NYSE:BP) disclosed a 50-50 offshore wind joint venture with Jera Co., Inc. The entity will be led by CEO Nathalie Oosterlinck, currently CEO of Jera Nex. It aims to fast-track development by leveraging combined project pipelines and enhancing access to competitive financing. The joint...
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Goldman Sachs Sees 'Early Stages Of Nuclear Renaissance In US:' Analysts Highlight Top Stock Poised To Benefit From Data Centers' Energy Demand
Monday, November 4, 2024 - 6:01pm | 862Once sidelined in favor of renewable sources, Goldman Sachs analysts suggest we are in the “early stages of nuclear renaissance in the U.S.” Growing support from governments and major investments from tech giants like Microsoft Corp. (NYSE:MSFT), Amazon.com Inc (NASDAQ:AMZN), and...
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Marathon Digital CEO Lauds Japanese Power Company's Use of Bitcoin Mining To Combat Renewable Energy Waste
Tuesday, September 10, 2024 - 5:41am | 694Agile Energy X Inc., a subsidiary of Japan’s biggest power producer, Tokyo Electric Power Co., is exploring Bitcoin (CRYPTO: BTC) mining to curb the wastage of renewable energy and foster its widespread adoption. What Happened: The Tokyo-headquartered subsidiary plans to power Bitcoin mining...
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Utility Stocks Outperform: 2 Standouts Deliver Impressive Returns In 2024
Friday, June 28, 2024 - 9:16am | 626While the broader market had its ups and downs in the first half of 2024, two utility stocks have defied expectations, delivering stellar returns and significantly outpacing their peers. The Utility sector, tracked by the SPDR Select Sector Fund – Utilities (NYSE:XLU), is up over 8% year-to-...
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What A Biden Or Trump Victory Might Mean For The Energy Sector
Thursday, May 30, 2024 - 9:53am | 1243As the 2024 U.S. Presidential election approaches, the energy sector stands at a crossroads. Potential shifts in policy could significantly impact both traditional and clean energy markets. According to insights from JPMorgan's Strategic Research team, the outcome of the election between incumbent...
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Solar Stocks Shine Again As Declining Treasury Yields Boost Market Confidence
Wednesday, May 8, 2024 - 3:35pm | 745Solar stocks have demonstrated some of the most robust performances among various sectors since the start of the month, buoyed by favorable market conditions and positive corporate earnings. The Invesco Solar ETF (NYSE:TAN), which tracks the performance of approximately 40 solar energy companies,...
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AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend
Monday, April 29, 2024 - 12:37pm | 1039Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks...
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Capitalizing On Crypto: Riot And Iris Energy Present Opportunities, Analyst Sees 100% Upside
Wednesday, April 10, 2024 - 8:56am | 523JPMorgan analyst Reginald L. Smith highlights the investment cases for Riot Platforms Inc (NASDAQ:RIOT) and Iris Energy Ltd. (NASDAQ:IREN), emphasizing their potential for growth and profitability. Riot Riot Blockchain stands out as a key player in the bitcoin mining landscape, boasting operational...
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Clean Tech Sector 2024: Morgan Stanley Optimistic On 5 Key Players, Skeptical On 4 Market Contenders
Friday, December 8, 2023 - 2:07pm | 709Morgan Stanley analysts have issued their outlook on the clean tech sector, offering an overview of 2023 and projecting trends into 2024. 4 Themes Affecting Clean Energy Valuations In 2024 Analysts Andrew S Percoco and David Arcaro outlined four key themes that they believe will affect clean energy...
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Plug Power Down Over 37%, Issues Going Concern Warning — 4 Analysts Slash Stock Outlooks
Friday, November 10, 2023 - 12:31pm | 538Shares of Plug Power Inc (NASDAQ:PLUG) plummeted over 30% in the pre-market Friday. The Lathan, New York-based company reported disappointing third-quarter results and issued a going concern warning. Plug has been betting on the hydrogen economy. However, "unprecedented supply challenges" in the...
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First Solar Q3 Earnings Preview: Economies Of Scale, Backlogs To Boost Margins
Tuesday, October 31, 2023 - 8:55am | 454Photovoltaic manufacturer and solar energy solutions company, First Solar Inc (NASDAQ:FSLR), will be reporting its third-quarter earnings after the bell on Tuesday. First Solar is a key player in the solar energy industry, with a focus on sustainable and environmentally friendly energy solutions....
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Tesla Down 16% This Year As Green Stocks Struggle — But This Indian Renewables Company Has Posted A Whopping 114% Gain
Tuesday, April 19, 2022 - 7:30am | 536While 'green' stocks worldwide struggled amid an overall volatile environment in the past year, Adani Green Energy Ltd — a renewable energy company owned by India's richest person has skyrocketed in value. The Gautam Adani-owned company'...
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Renewables Growth Prompts A Feedstock Demand Surge
Thursday, June 3, 2021 - 10:27am | 1220The growth of the biofuels market is having a significant impact on the demand for key feedstocks with producers chasing the same supply. The International Energy Agency (IEA) predicts that the biofuels market will grow by nearly 20% between 2019 and 2026. These changes are one part of the overall...
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Lithium And Hydrogen Trades: 5 Battery-Related Stocks To Watch
Saturday, February 20, 2021 - 9:38am | 751Stocks in electric battery technology have been heating up as automakers, airlines and equipment manufacturers continue to form partnerships with tech companies. Batteries are essential to many of the technologies that innovators hope will replace fossil fuel-burning machines. This bodes well for...