Latest news with #gridmodernization
Yahoo
31-07-2025
- Business
- Yahoo
Nuvve to Provide Second Quarter Ended June 30, 2025 Financial Update
Investor Conference Call to be Held Thursday, August 14, 2025, at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO, July 31, 2025--(BUSINESS WIRE)--Nuvve Holding Corp. ("Nuvve") (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G) technology, will provide a second quarter ended June 30, 2025, update on Thursday, August 14, 2025. Conference Call Details Nuvve will hold a conference call to review its financial results for the second quarter ended June 30, 2025, along with other company developments at 5:00 PM Eastern Time (2:00 PM PT), Thursday, August 14, 2025. To participate in the call, please register for and listen via a live webcast, which is available in the 'Events' section of Nuvve's investor relations website at In addition, a replay of the call will be made available for future access. About Nuvve Nuvve (Nasdaq: NVVE) is a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform. Nuvve's mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. For more information, please visit Nuvve Forward Looking Statements This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "aims," "anticipates," "plans," "looking forward to," "estimates," "projects," "assumes," "guides," "targets," "forecasts," "continue," "seeks" or the negatives of such terms or other variations on such terms or comparable terminology, although not all forward-looking statements contain such identifying words. Forward-looking statements include, but are not limited to, statements concerning the Company's expectations, plans, intentions, strategies, prospects, business plans, product and service offerings, new product launches, potential clinical successes, and other statements that are not historical facts. Nuvve cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Nuvve. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties that could cause actual outcomes and results to differ materially. Some of these risks and uncertainties can be found in Nuvve's most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission (SEC). Copies of these filings are available online at or on request from Nuvve. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Nuvve's filings with the SEC. Such forward-looking statements speak only as of the date made, and Nuvve disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this press release are cautioned not to place undue reliance on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable to all forward-looking statements contained in this press release. View source version on Contacts Nuvve Investor Contact investorrelations@ +1 (619) 483-3448 Nuvve Press Contacts press@ +1 (619) 483-3448 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
31-07-2025
- Business
- Forbes
As America Backslides On Clean Energy, States Will Fill The Leadership Void
The federal government has ceded its leadership on climate and clean energy, but America doesn't have to. And in statehouses across the country, it isn't. A slew of federal legislation and executive action, including President Trump's big tax bill, signed into law on the Fourth of July, is dismantling the policy and economic foundation that in recent years unleashed hundreds of billions of dollars in private investment into clean technology across the U.S. It's not just a loss for the climate – it's also a blow to U.S. competitiveness in a changing global economy. It means less new power at a time of growing electricity demand, fewer manufacturing jobs on U.S. soil, and weaker footing in key strategic industries that will command the 21st century. But as much as this backsliding in Washington is regrettable, it presents an opportunity in states across the country. Having seen federal clean energy policy drive unprecedented clean energy investment nationwide, state policymakers know full well what's at stake – for the climate, yes, but also for jobs, energy affordability, and innovation. If the administration won't deliver for the nation, governors and state lawmakers should seize the opportunity for their communities, businesses, and economies. Here's how. Grid modernization America's aging electric grid is in serious need of modernization to efficiently and affordably deliver power across the economy. It's especially urgent as energy demand spikes with the growth of artificial intelligence, advanced manufacturing, and vehicle electrification. Even states that are building new clean energy at a record pace – such as Texas, New Mexico, and Kansas – will face challenges in powering their economies without new capacity in the transmission lines that carry power over long distances. States can meet this challenge by both improving existing transmission infrastructure and making it easier to build new transmission lines. Some already have, with action in red, blue, and purple states alike – from South Carolina to Ohio to Colorado to Oregon. Policymakers should encourage utilities and other transmission line owners to modernize existing infrastructure, while also responsibly reform their permitting processes to make it easier to build new transmission lines so we can adequately meet our growing electricity needs without sending utility rates skyrocketing. Affordable clean cars The federal government hasn't merely targeted federal policies designed to support electric vehicle adoption. It has also taken aim at state policies, with Congress acting to revoke federal approval for vehicle standards adopted by California and several others under the Clean Air Act – even though these standards had wide support from businesses because they provided a clear, predictable timeline to increase clean vehicle sales and adoption. Despite the federal overreach, states still have a significant opportunity to support electric vehicle growth in the U.S. In June, 11 governors announced the launch of the Affordable Clean Cars coalition, which will collaborate across state lines on policies and investments that make it easier to own and operate electric vehicles. With their work just beginning, more states ought to join the coalition to help businesses and consumers access the cost-saving vehicles they want while bolstering a technology that will be critical to U.S. competitiveness in the coming years. California reauthorization California lawmakers face an urgent and crucial task in the coming weeks. For more than a decade, the Golden State has operated one of the nation's most important climate policies – its cap-and-trade program. It's exactly the kind of market-based policy approach that economists have long cited as the most efficient and affordable way to reduce carbon pollution, by putting a price on the vast risks of climate change, encouraging the private sector to act accordingly to reduce pollution while using the funds to invest in solutions that better serve the economy. And in California, the fourth largest economy in the world, it has worked. But with the program due to expire in 2030, uncertainty about its long-term future is making it less effective and reducing revenue by billions of dollars that could be used to invest in communities, including by taking action to protect against climate-driven threats and rising energy bills. Lawmakers must reauthorize the cap-and-trade program through 2045 before the current legislative session ends in September. Providing a clear, predictable, and market-based policy foundation will position California to continue leading the nation in climate and clean energy policy at a time when that leadership is so strongly needed.
Yahoo
31-07-2025
- Business
- Yahoo
Enel Chile S.A. (ENIC) Names New CEO to Lead Grid Overhaul
We recently compiled a list of Enel Chile S.A. stands eighth on our list. Enel Chile S.A. (NYSE:ENIC), the country's largest listed electricity utility, focuses on electricity generation, transmission, and distribution with a strong commitment to renewable energy and grid modernization. Operating under a regulated framework, the company ensures service reliability and maintains stakeholder confidence. A key recent development is the leadership transition effective July 1, 2025. Former CEO Giuseppe Turchiarelli, who oversaw a 1.9 GW renewable energy build-out and accelerated decarbonization efforts since March 2024, stepped down to join Enel Group's corporate strategy team in Rome. He is succeeded by Gianluca Palumbo, a veteran electrical engineer from Enel Group with deep expertise in grid operations and digitalization. Palumbo's appointment signals a strategic shift toward intensifying grid modernization and digital transformation, critical elements in Enel Chile S.A. (NYSE:ENIC)'s three-year plan. The company is expected to unveil a revised capital expenditure roadmap in August 2025, focusing on smart grid infrastructure to support Chile's goal of reaching 93% renewable energy capacity by 2027. High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers. Despite a July 2025 stock downgrade by Citi due to regulatory and sector uncertainties, Enel Chile S.A. (NYSE:ENIC) remains operationally resilient and continues to draw interest from investors seeking cheap utility stocks with long-term growth potential. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Hawaiian Electric Industries, Inc. (HE) Rolls Out AI-Driven Wildfire Defense System
We recently compiled a list of Hawaiian Electric Industries, Inc. stands fourth on our list. Hawaiian Electric Industries, Inc. (NYSE:HE), the primary energy provider for 95% of Hawaii's population, is advancing its commitment to renewable energy and grid modernization while addressing wildfire safety. Operating across Oahu, Hawaii, Maui, Lanai, and Molokai, the company is focused on strengthening its core utility business and transitioning to a more resilient, sustainable energy system. A major step in its clean energy transition is the Hoohana Solar project, which began operations in July 2025. This marks a significant milestone in expanding grid-scale renewable capacity and supports Hawaii's decarbonization goals. Hawaiian Electric Industries, Inc. (NYSE:HE) is also prioritizing wildfire safety, investing $120 million in 2024 to reduce wildfire risk by an estimated 60%. This includes installing fire-safe fuses, AI-assisted cameras, weather stations, and upgrading utility poles and overhead lines. The business launched a Public Safety Power Shutoff program and plans to submit a comprehensive wildfire safety plan to the Hawaii Public Utilities Commission in 2025. A view of the skyline from an electricity pylon, to show the ubiquity of the companies energy products. Financially, the firm is strengthening its balance sheet by selling its stake in American Savings Bank to reduce debt and fund utility-focused initiatives, including wildfire mitigation efforts. As one of the cheap utility stocks, institutional investors like Allianz Asset Management and Bank of New York Mellon have recently increased their stakes in Hawaiian Electric Industries, Inc. (NYSE:HE), reflecting market confidence. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
28-07-2025
- Business
- Yahoo
Wipro secures smart meter data system contract with Saudi company
AI-powered technology services and consulting company Wipro has secured a multi-year contract with the Saudi Electric Company – National Grid SA. Its scope is to implement a smart meter data management (MDM) system for National Grid SA's transmission network, aimed at modernising the client's meter data platform, improving operational efficiencies and enhancing risk management. Wipro will design, develop, implement and provide support for the infrastructure and smart applications associated with the new MDM system. The system will facilitate continuous monitoring, improving grid stability by delivering real-time data on power flow, voltage levels and equipment status. Wipro Asia Pacific, India, Middle East and Africa (APMEA) CEO Vinay Firake stated: "We are excited to build a long-standing relationship with National Grid SA and are dedicated to assisting them in navigating the evolving energy landscape. 'With our deep domain expertise in the energy sector, smart solutions and advanced technological capabilities, we are proud to contribute to projects that are essential to the Kingdom's Vision 2030 and help the Kingdom realise its innovation and digitalisation ambitions." Wipro's efforts will enable National Grid SA to enhance its grid planning by utilising intelligent forecasting and reporting techniques. The intelligent integrations will enable proactive maintenance, expedite fault identification and provide visibility over energy usage patterns. This will enable National Grid SA to optimise its power dispatch, lower operational costs and reduce outages, resulting in an enhanced experience for the end user. Wipro has a comprehensive range of capabilities in consulting, design, engineering, and operations to assist clients in achieving their goals and establishing sustainable, future-ready businesses. The company has a workforce of more than 230,000, and business partners across 65 countries. The contract from National Grid SA follows the opening of the company's Middle East regional headquarters in Riyadh in June 2025. "Wipro secures smart meter data system contract with Saudi company" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
