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Discover Latest #Renewable energy News, Articles and Videos with Contenting
Renewable energy is energy that is generated from natural resources such as sunlight, wind, rain, tides, and geothermal heat. These sources are renewable and are constantly replenished. Renewable energy technologies range from solar power, wind power, hydropower, and biofuels to geothermal and tidal energy. Renewable energy is becoming increasingly important as the world’s population and energy needs grow. In addition to providing clean and sustainable energy, renewable energy sources can also help reduce carbon emissions and improve air quality.
Wolf River Electric Reviews: The Rise of Employee-Owned Solar Companies and How They’re Reshaping the Renewable Energy Industry - TechBullion
The renewable energy industry has seen remarkable growth in recent years, with solar power becoming one of the most widely adopted clean energy solutions. As more homeowners and businesses look for ways to reduce their dependence on traditional energy sources, solar energy providers have stepped up to meet the demand. However, not all solar companies […]
Adani Green Arm To Supply 400 MW Solar Power To Uttar Pradesh
Adani Renewable Energy Holding Twelve Ltd., a wholly-owned subsidiary of Adani Green Energy Ltd., will supply 400 megawatt solar power to Uttar Pradesh for 25 years. The company received the contract award letter from Uttar Pradesh Power Corp. for power from a grid-connected solar project, to be developed in Rajasthan at a tariff of Rs 2.57 per kWh, according to a stock exchange filing on Friday.
Alternergy to develop wind power project in Albay - BusinessWorld Online
RENEWABLE energy developer Alternergy Holdings Corp. will develop a new onshore wind power project in Albay after securing a permit from the Department of Energy (DoE). The DoE awarded a Certificate of Authority (CoA) to Alternergy Wind Holdings Corp. (AWHC), the wind sub-holding company of Alternergy, allowing it to undertake the exploration and assessment of […]
Baystreet.ca - These Five Stocks Are Accelerating in a Potential $6.73 Billion Vehicle-to-Grid Market
Vehicle-to-grid technology is a critical solution for supporting the electrical grid and the acceleration of variable renewable energy penetration, says Nuvve Holding Corp. (NASDAQ: NVVE). “The trifecta of electrification of end-uses, transportation, ...
Tata Power & JSW Energy: Why these stocks offer strong upside potential of upto 28% each - The Economic Times
The utilities sector is evolving with a focus on renewable energy, infrastructure upgrades, and decarbonization. While policy support drives growth, challenges like regulatory uncertainties, financing constraints, and coal dependency remain. Companies must balance profitability with sustainability in a shifting landscape.
FDC Retail taps Raslag Corp. for solar power supply in next two years - BusinessWorld Online
LISTED renewable energy company Raslag Corp. has entered into a power supply deal with FDC Retail Electricity Sales Corp., the retail electricity supply arm of the Filinvest Group. In a stock exchange filing on Monday, Raslag said it would sell and deliver the electricity from its 18-megawatt (MW) direct current solar farm in Mabalacat, Pampanga […]
Debtwire reporter Weitzman now covering private credit - Talking Biz News
Debtwire reporter Amelia Weitzman is now covering private credit in New York. She has spent the last two years covering direct lending in London. Weitzman also worked at Infralogic covering energy. She was a renewable energy reporter at Inspiratia. She holds a bachelor’s degree from University of East Anglia and a master’s degree from City St. Georges, […]
Unipart announces record performance for year ending 31 December 2024 - ForexTV
Strong year of growth & expansion, celebrating 50 years of the Unipart brand Darren Leigh Unipart CEO Darren Leigh Unipart House Unipart House, Oxford Highlights Turnover increased to £1,081.1m, up 3.2% year-on-yearUnderlying PBIT grew 29.5% to £28.1mBalance sheet strengthened - net cash position at year-end of £25.1m, a £27.0m improvement, net assets increased by 72% to £119.3mInvested in two acquisitions to bolster UK manufacturing capabilities and rail sector offer in AustraliaLaunched operations in Saudi Arabia and Vietnam, Unipart’s 21st and 22nd marketsRecognised for and sustained world-class safety performanceContinued delivery of net zero commitments through carbon reductionCelebrated 50th Anniversary of the Unipart brand OXFORD, United Kingdom, April 02, 2025 (GLOBE NEWSWIRE) -- Unipart, the supply chain performance improvement partner, has announced another strong year of growth and expansion in 2024. Turnover increased to £1,081.1m (2023: £1,047.9m) and underlying profit before interest and tax increased to £28.1m (2023: £21.7m). The company also improved its financial position through achieving a net cash surplus of £25.1m at year-end, demonstrating robust operational efficiency and capital discipline. Darren Leigh, Unipart Chief Executive Officer, said: “I am proud of Unipart’s outstanding financial and operational performance in 2024, the same year we celebrated the 50th anniversary of the Unipart brand. We have delivered strong order book and revenue growth and significantly improved profitability, and made great progress in delivering our growth strategy and being a supply chain performance improvement partner for our customers. “Alongside strong financial results, we invested both across our operations and in several strategic acquisitions to grow our supply chain offer for customers. The launch of our new operations in Saudi Arabia and Vietnam, bolstering of our UK manufacturing capabilities, and acquisition in the rail sector in Australia reinforces our ambition to be the driving force behind efficient, resilient, sustainable supply chains. Looking ahead to 2025, we are focused on accelerating our digital and AI-driven capabilities, expanding our partnerships, maintaining our unrivalled commitment to safety and further embedding sustainability across our operations. “Thank you to our people, who by keeping The Unipart Way at the heart of everything they do continue to add the most value for our stakeholders, and thank you to our customers and partners for their continued trust and collaboration.” Business growth Unipart secured several major contracts and expanded its customer base throughout 2024. The acquisition of Formaplex Technologies, now Unipart Polymer and Composite Solutions, expanded expertise in lightweight manufacturing for automotive, aerospace, and healthcare sectors. Unipart also acquired a rail bearings and axle box overhaul business in Sydney, Australia, strengthening rail sector capabilities in the Asia-Pacific region. Unipart extended a 20-year partnership with Sky and a 24-year partnership with Vodafone, each by another three years. In the consumer and retail sector, Unipart won a three-year contract with Vanchanggo, a pet supplies retailer in South Korea, and a five-year contract with a toy retailer supporting their supply chain partnership with a supermarket and its 850-store network across the UK and Ireland. Unipart extended supply chain partnerships with a number of automotive OEMs across operations in the UK, US and Asia-Pacific. Unipart extended all its major rail contracts due for renewal in 2024. In the rail and public transport sector, Unipart announced strategic partnerships with Thomson Engineering Design, Racine Railroad Products UK, and Trainvac Group. Unipart’s specialist construction business, which is pioneering a technology of laser-cut cages for modular building, successfully delivered nearly 200 beams for a major development in London. Also in the industrials sector, Unipart’s heat exchange business delivered its largest order in history for a project in the UAE, and saw business wins in Turkey, its largest heat exchange market. In 2024, Unipart officially established operations in the Kingdom of Saudi Arabia, the largest economy in the Middle East focused on its transformation to a Europe and Asia logistics hub through its Vision 2030 strategy. Technology Unipart defines four fundamental technologies transforming supply chains: automation, data science and artificial intelligence, internet of things and sensors, and digital twins. These technologies underpin Unipart’s approach to supply chain management, ensuring resilience and efficiency. Unipart has been proactive in deploying cutting-edge digital solutions, securing five Innovate UK collaborative research and development projects in 2024. The company has partnered with universities, catapult centres, small and medium enterprises (SMEs), and industry experts to develop customised technological solutions for customers. In the automotive sector, Unipart participated in an £11m UK government-funded project to industrialise inverter and converter manufacturing, aiming to build local capability and reduce carbon emissions, and ultimately support the competitiveness of the UK electric vehicle supply chain. One major area of focus is remote condition monitoring (RCM). Unipart, through its subsidiary Instrumentel, has worked with Porterbrook to integrate RCM technology into rolling stock. This has led to increased vehicle reliability, reduced maintenance time, and improved real-time asset tracking. Unipart’s Eco Insight product uses RCM to help businesses optimise and reduce energy use and carbon output. Unipart has developed digital solutions for the rail industry, including Vision Insight, a thermal optical camera system with AI algorithms that detects faults on moving trains. The company designed a digital token block controller for Network Rail, enhancing safety and efficiency in rail operations. In addition, Unipart’s level crossing solution in collaboration with AtkinsRéalis and Newgate, LX PLUS, reduces installation time by over 20%, improving operational efficiency. Safety & Sustainability The Unipart Way continues to drive a unique company culture, which at its heart adds the most value for stakeholders. This approach embeds environmental, social, and governance (ESG) principles into Unipart’s core strategy, ensuring long-term sustainability, resilience, and value creation for stakeholders. Unipart remains committed to achieving carbon net zero by 2040, reducing greenhouse gas emissions through energy efficiency, renewable energy adoption, and sustainable supply chain practices. Unipart’s commitment to its ambitious net-zero 2040 target saw a 16.7% reduction in carbon intensity ratio in 2024. The company aims for a 90% reduction in Scopes 1 and 2 greenhouse gas emissions by 2030 and a 90% reduction across all three Scopes by 2040, a target validated by the Science Based Targets initiative. Unipart has implemented Eco Insight, a digital platform that monitors energy consumption and carbon output, enabling businesses to optimise their environmental impact. Unipart also focuses on waste reduction, circular economy solutions, and sustainable procurement. The company ensures 97% of its UK sites use 100% renewable electricity, with a 31% reduction in gas consumption since 2021. Its efforts have earned the British Safety Council’s Globe of Honour for sustainability for 12 consecutive years. Unipart prioritises employee engagement, wellbeing, and safety. It maintains an industry-leading mental health support program, with more than 250 trained mental health first-aiders and company-wide mental health awareness training. The British Safety Council awarded Unipart the Shield of Honour following a five-star wellbeing audit in 2024. Unipart maintained its ISO 45001 accreditation across logistics, rail, and manufacturing, with its transport operations achieving Silver in the Fleet Operator Scheme. The company earned four RoSPA Gold Medals and added more British Safety Council Sword of Honour awards with world-class health and safety audit scores. The company fosters an inclusive workplace, ensuring equal opportunities and actively addressing unconscious bias in recruitment. Unipart engages in community outreach and through its annual Big Charity Challenge raised more than £56k for local charities in 2024, the highest-ever total. CONTACT: For further information, please contact: Alistair Drummond, Head of External Communications T: +44(0)7771 798835 E: alistair.drummond@unipart.com
ArcelorMittal announces the completion of its 85 million shares buyback program - ForexTV
2 April 2025, 10:30 CET ArcelorMittal (the “Company”) today announces that it has completed the 85 million shares buyback program it announced on 5 May 2023 under the authorization given by the annual general meeting of shareholders of 2 May 2023 and continued under the 30 April 2024 annual general meeting of shareholders authorization. By market close on 1 April 2025, ArcelorMittal had repurchased 85 million shares. All details are available on the Company’s website at: https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program. ENDS About ArcelorMittal ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 15 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). http://corporate.arcelormittal.com/ Contact information ArcelorMittal Investor Relations General +44 20 7543 1128 Retail +44 20 3214 2893 SRI +44 20 3214 2801 Bonds/CreditE-mail +33 171 921 026investor.relations@arcelormittal.com Contact information ArcelorMittal Corporate Communications Paul WeighTel:E-mail: +44 20 3214 2419press@arcelormittal.com
VGP NV announces indicative results of its cash tender offer - ForexTV
PRESS RELEASE Regulated Information* Public disclosure of inside information NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE “UNITED STATES”) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”)) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW). THIS PRESS RELEASE RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014, AS AMENDED. 2 April 2025, (9.15 a.m. CEST), Antwerp, Belgium: Today, VGP NV, the pan-European owner, manager and developer of high quality logistics and semi-industrial properties as well as a provider of renewable energy solutions, (“VGP” and the “Offeror”) announces the indicative results of its capped tender offer (the “Offer”) for its outstanding EUR 500,000,000 1.625 per cent. fixed rate green bonds due 17 January 2027 (ISIN: BE6332786449) (the “2027 Bonds”) and EUR 600,000,000 1.50 per cent. fixed rate green bonds due 8 April 2029 (ISIN: BE6327721237) (the “2029 Bonds” and together with the 2027 Bonds, the “Bonds”) for cash up to the Maximum Acceptance Amounts (as defined in the Tender Offer Memorandum (as defined below)). The Offer was announced on 25 March 2025 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 25 March 2025 (the “Tender Offer Memorandum”). VGP announces that the indicative Series Acceptance Amounts are EUR 179,900,000 in aggregate principal amount for the 2027 Bonds and EUR 20,100,000 in aggregate principal amount for the 2029 Bonds. Furthermore, VGP announces that the Final Acceptance Amount is expected to be set at EUR 200,000,000. Bondholders can find more information in the tender indicative results announcement which is available on the website of VGP at https://www.vgpparks.eu/en/investors/financial-debt/ (the “Tender Indicative Results Announcement”). Bondholders should note that this is a non-binding indication of the level at which the Offeror expects to set the Final Acceptance Amount and the Series Acceptance Amounts and that this is subject to change as described in the Tender Indicative Results Announcement. ABOUT VGP VGP is a pan-European owner, manager and developer of high-quality logistics and semi-industrial properties as well as a provider of renewable energy solutions. VGP has a fully integrated business model with extensive expertise and many years of experience along the entire value chain. VGP was founded in 1998 as a family-owned Belgian property developer in the Czech Republic and today operates with a staff of circa 380 FTEs in 18 European countries directly and through several 50:50 joint ventures. As of December 2024, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to € 7.8 billion and the company had a Net Asset Value (EPRA NTA) of € 2.4 billion. VGP is listed on Euronext Brussels (ISIN: BE0003878957). For more information, please visit: https://www.vgpparks.eu/en/. DISCLAIMER Capitalised terms used but not otherwise defined in this press release shall have the meanings given to them in the Tender Indicative Results Announcement referred to above. This press release must be read in conjunction with the Tender Offer Memorandum. This press release, the Tender Indicative Results Announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offer. If any Bondholder is in any doubt as to the contents of this press release, the Tender Indicative Results Announcement and/or the Tender Offer Memorandum or the action it should take, it is recommended to seek its own financial and legal advice, including in respect of any tax consequences, immediately from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. Any individual or company whose Bonds are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to tender such Bonds pursuant to the Offer. The Dealer Managers are acting exclusively for the Offeror and no one else in connection with the arrangements described in this press release, the Tender Indicative Results Announcement and the Tender Offer Memorandum and will not be responsible to any Bondholder for providing the protections which would be afforded to customers of the Dealer Managers or for advising any other person in connection with the Offer. None of the Offeror, the Dealer Managers or the Tender Agent or any director, officer, employee, agent or affiliate of any such person has made or will make any assessment of the merits and risks of the Offer or of the impact of the Offer on the interests of the Bondholders either as a class or as individuals, and none of them makes any recommendation as to whether Bondholders should tender Bonds pursuant to the Offer. None of the Offeror, the Dealer Managers or the Tender Agent (or any of their respective directors, officers, employees, agents or affiliates) is providing Bondholders with any legal, business, tax or other advice in this press release, the Tender Indicative Results Announcement and/or the Tender Offer Memorandum. Bondholders should consult with their own advisers as needed to assist them in making an investment decision and to advise them whether they are legally permitted to tender Bonds for cash.This press release and the Tender Indicative Results Announcement is for informational purposes only and does not constitute an offer or an invitation to participate in the Offer. The distribution of this press release or the Tender Indicative Results Announcement in certain jurisdictions may be restricted by law. Persons into whose possession this press release or the Tender Indicative Results Announcement comes are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Bondholders should carefully consider the offer and distribution restrictions included in the Tender Offer Memorandum and inform themselves about, and observe, any applicable restrictions. *This news item contains information that is subject to the transparency regulations for listed companies. Attachment Project Pamplona - Tender Indicative Results Press Release (VGP) (ENG)_04632806