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Rivian and Redwood Materials Announce Energy Storage Partnership for Manufacturing
NORMAL, Ill.--(BUSINESS WIRE)--American automotive and technology company Rivian (NASDAQ: RIVN) and critical materials and energy technology company Redwood Materials today announced a partnership to deploy pioneering battery energy storage at Rivian’s Normal, Illinois manufacturing facility. Using more than 100 second-life Rivian battery packs, Redwood and Rivian’s solution will initially provide 10 megawatt-hours (MWh) of dispatchable energy to reduce cost and grid load during peak demand per...
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Surge Components, Inc. Announces First Quarter 2026 Results
DEER PARK, N.Y.--(BUSINESS WIRE)--Surge Components, Inc. (“Surge” or the “Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors, switches, and audible/sounding devices, today announced financial results for the first fiscal quarter ended February 28, 2026. Operational Highlights Continues to strengthen its distribution sales channel, with distribution partners remaining a key growth driver in addition to sales through subcontractor relationships Continues to inv...
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ZincFive Surpasses 2 GW Milestone Underscoring Commercial Adoption of Nickel-Zinc in Data Centers
PORTLAND, Ore.--(BUSINESS WIRE)--At 2 GW deployed & contracted, NiZn technology scales in data center energy storage, improving UPS performance, safety, reliability, & sustainability....
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Astronics Launches Qi2 Wireless Charging Module, Delivering Future-Proof Technology for Modern Aircraft Cabins
EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Launches Qi2 Wireless Charging Module, Delivering Future-Proof Technology for Modern Aircraft Cabins...
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Critical Loop Raises $26M Series A to Accelerate Grid Interconnection
LOS ANGELES--(BUSINESS WIRE)--Critical Loop, an industrial power solutions company, today announced a $26 million Series A round led by Conifer Infrastructure Partners and Hanover, with participation from Better Ventures, Climate Capital, Adapt Nation Capital, and Cyrus Ventures. The raise brings total committed equity and debt funding to date for the company to $49 million and will accelerate the company's work with partners, including San Diego International Airport, supported by a supply agr...
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GVEC and Base Power Expand Partnership to Full Service Territory, Delivering 50 MW of Residential Battery Capacity
AUSTIN, Texas--(BUSINESS WIRE)--GVEC and Base Power today announced a significant expansion of their residential battery program, bringing affordable, whole-home backup power to households across GVEC's entire service territory. After successful completion of a 2 MW pilot, the program has now expanded to 50 MW. The partnership with Base Power helps GVEC maintain reliable service as the region grows while giving members a lower-cost alternative to traditional backup solutions. “Our priority is e...
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XCharge North America Celebrates Strategic European Expansion with New Assembly Facility in Spain
KYLE, Texas--(BUSINESS WIRE)--XCharge North America, the leading provider of high-power EV charging and battery-integrated solutions designed to strengthen the North American electrical grid, today celebrated a major milestone of its parent company, XCHG Limited (NASDAQ: XCH), by announcing its first European assembly plant in Valencia, Spain. The nearly 3,000 m² facility will directly benefit XCharge’s North American operations by diversifying the company’s global supply chain and accelerating...
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LibertyStream Announces the Appointment of Michael Bodino to its Board of Directors
DALLAS--(BUSINESS WIRE)--LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to welcome Mr. Michael Bodino to its Board of Directors. Mr. Bodino is based out of Dallas, Texas and brings over 30 years energy industry experience to the Board. Most recently, Mr. Bodino was Managing Director - Investment Banking and Co-Head of Energy Investment at Texas Capital. He has been involved in over 270 private and public debt, equit...
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ADS-TEC Energy Reports Preliminary and Unaudited Financial Results
NÜRTINGEN, Germany--(BUSINESS WIRE)--ADS-TEC Energy PLC (NASDAQ: ADSE) (the “Company”), a global leader in battery-based energy storage and fast-charging systems, today announced its preliminary and unaudited condensed consolidated financial statements for the year 2025, covering the period ended December 31, 2025. Financial Overview 2025 was primarily a year of transition and strategic positioning. While reported financial figures were modest, the Company continued to execute in line with its...
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Autel Showcases Ultra-Fast EV Charging in Thailand, Combining 780A High-Current Performance with Seamless App Experience
BANGKOK--(BUSINESS WIRE)--Autel Energy announced the deployment and live demonstration of its ultra-fast EV charging solution at Beans2Cup@Ratchada, Thailand on April 10....