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MILAN, Jan. 29, 2026 /PRNewswire/ -- Enfinity Global announced today the commercial operation of the first project under its portfolio of Power Purchase Agreements (PPAs) with Microsoft in Italy. An Enfinity Global solar PV plant in Italy The commercial operation of this first solar PV power plant, with a capacity of 33.8 MW AC, marks the beginning of a strategic relationship to support Microsoft's sustainability goals through a reliable renewable energy supply. This first PPA is part of a larger collaboration for up to 366 MW AC, which includes additional renewable energy projects already under construction in Italy. Under the collaboration, Enfinity and Microsoft will also seek to make a positive impact by investing and creating jobs across various communities where our power plants are being built, including Lazio, Emilia-Romagna, and Basilicata. Carlos Domenech, CEO of Enfinity Global: "We are delighted to provide solar energy electricity to a global technology leader like Microsoft. At Enfinity Global, our mission is to provide our global and local customers with reliable, value-added renewable energy solutions while we serve as a responsible member of the communities where we operate our power plants." Enfinity Global Inc., together with its subsidiaries, is a leading U.S.-based renewable energy and sustainability services company founded in 2019. The company owns a 39.3 GW portfolio of renewable energy and storage projects, including operational, under-construction, and development assets, with an additional 37 GW under negotiation across the U.S. With offices in the U.S., Europe, Japan, and India, Enfinity aims to contribute to a low-carbon economy. Enfinity's leadership team is one of the most experienced global teams in renewables and brings over $41 billion of financing experience in the renewable energy sector with over 26 GW of developed and acquired solar and wind assets. Enfinity Global continues to lead the solar PPA market in Italy, having contracted 808 MW in the past two years with major corporate and industrial clients.
LISHUI, China, Jan. 29, 2026 /PRNewswire/ -- CN Energy Group Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that, on January 25, 2026, it entered into a framework agreement (the "Framework Agreement") with the shareholders of Blessing Logistics Ltd. ("Blessing Logistics"), an oil trading company incorporated in Alberta, Canada, regarding a potential acquisition transaction. Pursuant to the Framework Agreement, the parties have agreed to negotiate in good faith toward a definitive share purchase agreement to which CNEY would acquire approximately 82% of the equity interests in Blessing Logistics, representing equity with voting rights, in consideration for the issuance of the Company's Class A ordinary shares. The aggregate value of consideration is currently expected to be approximately US$2.0 million, based on assumptions to be agreed by the parties, and is subject to change based on, among other things, due diligence results, final valuation, market conditions, and the terms of the definitive agreement. If the parties do not enter into a definitive share purchase agreement within 60 days following the execution date of the Framework Agreement, either party may terminate the Framework Agreement upon written notice. Founded in 2015, Blessing Logistics is an oil trading company registered with the Alberta Energy Regulator (AER). According to information provided by Blessing Logistics, it holds a Canadian crude oil export license and is a qualified trader within the China National Petroleum Corporation (CNPC) system. Blessing Logistics is primarily engaged in oil trading and the export of crude oil and bitumen in Canada. The Company believes that if completed, this proposed transaction could represent an important step in CNEY's expansion into the energy sector, and its business development in the North American market. In recent years, the Company has promoted its activated carbon products for use in oilfield-related applications, and through these commercial activities, the Company identified the value and potential underlying oilfield and related energy trading opportunities. If the proposed transaction is consummated, CNEY currently plans to use Blessing Logistics as a platform to pursue oil trading and related upstream investment opportunities. The completion of the proposed transaction is subject to, among other things, the negotiation and execution of a definitive acquisition agreement, the satisfactions of customary closing conditions, and applicable regulatory and corporate approvals. There can be no assurance that these conditions will be satisfied or that the proposed transaction will be completed. Wenhua Liu, the interim CEO of CNEY, commented: "If the proposed transaction is completed, we believe it could represent an important step in CNEY's global strategic expansion. Blessing Logistics' comprehensive compliance structure, export licenses, and trading qualifications could provide a foundation for our entry into the energy market. If the transaction closes, we plan to leverage this platform to pursue opportunities in energy trading and upstream investment, with the objective of building long-term value for our shareholders." About CN Energy Group. Inc. CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." CNEY has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com. Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance. Forward-looking statements in this press release include, among other things, statements regarding the proposed acquisition of Blessing Logistics Ltd., the ability of the parties to enter into a definitive agreement, the timing and likelihood of completing the proposed transaction, the issuance and value of any shares to be issued as consideration, and the Company's expectations regarding its future business development. These statements are subject to risks and uncertainties, including those described under "Risk Factors" in the Company's filings with the Securities and Exchange Commission, and actual results may differ materially, including if the parties do not enter into definitive agreements, required approvals are not obtained, or the Company is unable to integrate the business or realize the anticipated benefits of the transaction. Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company's website or social media is not incorporated by reference into this press release.
LG Energy Solution posts KRW 23.7 trillion in consolidated revenue and KRW 1.3 trillion in operating profit in 2025 Company aims for a mid-teen to 20 percent year-on-year increase in annual revenue and mid-single-digit percent operating profit margin this year- Aim for more than 90GWh in new orders for ESS batteries and expand the ESS production capacity to over 60GWh, with more than 80 percent to be located in North America- Expand EV battery product line-up, including LFP and high-voltage mid-nickel for mid-to-low-end market, LMR prismatic, and 46-Series cylindrical batteries- Expand entry opportunities into new applications, including robotics, where company already supplies its cylindrical batteries to six global leading robotic companies, with more discussions for next-generation models underway SEOUL, South Korea, Jan. 29, 2026 /PRNewswire/ -- LG Energy Solution (KRX: 373220) today announced its fourth-quarter and full-year earnings for 2025, along with its key business initiatives for 2026. For the full year, the company reported KRW 23.7 trillion in consolidated revenue, a 7.6 percent decrease from last year. The whole-year operating profit was KRW 1.3 trillion, marking a 133.9 percent year-on-year increase. The operating profit margin was 5.7 percent including the North American production incentive. "Last year, we saw a solid growth in ESS sales as we proactively expanded our LFP production capacity in North America, but total revenue decreased due to the slowdown in major customers' EV sales," said Chang Sil Lee, CFO of LG Energy Solution. "Our profitability improved compared to the previous year, driven by enhanced product mix, improved material cost efficiency, as well as production incentive supported by stable sales performance in North America." The company also improved its working capital efficiency by reducing inventory levels and optimizing supply chain management. In 2025, LG Energy Solution has successfully optimized its asset management by: 1) reallocating capacity between EV and ESS to reduce new investments and boost idle-line utilization, 2) early establishment of production sites for mid-to-low-end solutions like high-voltage mid-nickel and LFP in Europe, and 3) enhancing capital management efficiency through sales of non-core assets, such as a building from its North American JV facility. Last year, the company also successfully diversified both its production and customer bases. For its 46-Series cylindrical batteries, LG Energy Solution started production at the Ochang plant in Korea and secured an order backlog exceeding 300GWh (by the end of 2025). For its ESS batteries, the company started local production of its LFP[1] batteries in North America and plans to expand the form factors from pouch-type to prismatic batteries. It also enhanced its production competitiveness through system integration (SI) capabilities, all of which contributed to 140GWh ESS order backlog. In the fourth quarter, the company posted consolidated revenue of KRW 6.1 trillion, a 7.7 percent increase quarter-on-quarter. Its quarterly operating loss was KRW 122 billion, including the North American production incentive amount of KRW 332.8 billion. 2026 Key Business Initiatives This year, LG Energy Solution anticipates year-on-year growth rate of over 10 percent in global EV production[2] and over 40 percent in global ESS installations[3]. In North America, ESS is expected to represent about half of total battery demand[4] on the back of tech companies' investment in data centers and policy support including the maintenance of clean energy investment tax credit (ITC). In particular, given that data centers require stable, long-term ESS projects, grid-scale ESS, which already accounts for 95 percent of ESS demand in the region, is expected to demonstrate strong growth this year. To capitalize on the market growth, LG Energy Solution will advance its ESS business backed by solid orders. It aims to achieve more than 90GWh in new ESS orders this year, primarily through large-scale, long-term orders from key utility companies and developers in North America. It will also expand into new segments such as Uninterruptible Power Supply (UPS) and Battery Back-up Unit (BBU), while continuing to meet customer needs by delivering hardware and SI-based turnkey ESS solution. At the same time, the company will reinforce its operational capabilities by increasing global ESS production capacity to over 60 GWh this year, with more than 80 percent of that capacity located in North America. To achieve this, it will proactively reallocate global production capacity to ESS battery manufacturing. In North America, it will expand ESS production capacity at the stand-alone facilities —specifically the plants in Holland and Lansing, Michigan—and will also temporarily utilize certain production lines from its joint ventures (Stellantis JV, Honda JV) for ESS output. For its EV business, LG Energy Solution will continue to expand its product line-up tailored to customers' needs. For mid-to-low-end market, the company will begin mass production of LFP and high-voltage mid-nickel batteries in the first quarter, while converting certain production lines to LMR[5] prismatic cells within this year. For 46-Series cylindrical batteries, the company will boost fast charging performance and aims to start production of 46-Series cylindrical batteries at its new Arizona facility by late this year. Additionally, the company plans to expand its product line-up for HEVs[6] from pouch-type to small batteries, as market demand for HEVs is expected to remain relatively stable. This year, LG Energy Solution also plans to expand entry opportunities into new applications such as robotics, ships, and Urban Air Mobility (UAM). Notably, in the robotics market, where expectations for industrial humanoid robots are rising and thus batteries' safety, energy density, and power output are becoming ever more important, the company is already supplying its cylindrical batteries to six global leading players, while also providing samples for their next-generation models with discussions underway on battery specs and mass production timeline. At the same time, it will activate a pilot production line for LFP batteries with dry electrodes and secure mass production capabilities. Lastly, the company will focus on developing materials and manufacturing processes for the commercial production of all-solid-state and sodium batteries. Based on its key business initiatives for this year, LG Energy Solution announced its goal to target a mid-teen to 20 percent year-on-year increase in annual consolidated revenue this year. Despite a slowdown in North American EV demand, it plans to maximize supply by leveraging relatively stable growth in the cylindrical battery business and already secured ESS order backlogs. The company aims to achieve mid-single-digit percent operating profit margin and also increase the operating profit this year, by increasing ESS supply, pursuing stable operations, securing structural cost competitiveness, and improving operational efficiency. At the same time, LG Energy Solution aims to reduce this year's capex by over 40 percent compared to last year. By focusing on cash flow management, it will minimize new investments, maximize the utilization of existing lines, and prioritize key investments that are linked to revenue growth. About LG Energy Solution LG Energy Solution (KRX: 373220) is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With more than 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 90,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit https://news.lgensol.com. [1] LFP: lithium, iron, phosphate [2] EV: combining BEV (battery electric vehicles) and PHEV (plug-in hybrid electric vehicles) [3] Source: (EV) HIS Markit, (ESS) market data and LG Energy Solution's estimate [4] Source: market data and LG Energy Solution's estimate [5] LMR: lithium manganese-rich [6] HEV: hybrid electric vehicles
AHMEDABAD, India, Jan. 28, 2026 /PRNewswire/ -- Hoymiles Power Electronics Inc., a global leader in smart solar and energy storage solutions, is proud to announce the signing of a milestone agreement with Kosol Energie, one of India's premier renewable energy solutions providers. The signing ceremony, held on January 26 in Ahmedabad, Gujarat, and attended by senior executives from both companies, celebrated the supply of 360 MW of Hoymiles' high-performance HMS series microinverters—the largest single microinverter deal in the Indian market to date. Hoymiles 360 MW microinverter deal with KOSOL Energie in India Strategic vision for India's energy transition At the signing ceremony, Mr. Kalpesh Kalthia, Chairman & Managing Director of Kosol Energie Pvt. Ltd, said, "This 360 MW microinverter deal is a defining milestone not just for Kosol Energie, but for India's solar journey. By adopting advanced microinverter technology at this scale, we are reinforcing our commitment to safety, efficiency, and long-term performance. Our partnership with Hoymiles reflects our shared vision of accelerating India's transition to a cleaner, smarter, and more resilient energy future." "The landmark 360MW microinverter deal between Hoymiles and Kosol Energie marks a pivotal moment for Hoymiles' expansion in India. This collaboration opens new avenues for executing large-scale projects across the country with state-of-the-art microinverter technology," said Piyush Sharma, Channel Business Director of Hoymiles India. "As India's first and largest-ever deal for any microinverter company, it will significantly support India's Rooftop Solar (RTS) growth by enabling the execution of best-in-class, high-quality solar projects nationwide." Empowering India with global expertise and a localized approach Hoymiles is already contributing to numerous solar projects in India, including a 100 kW solar setup commissioned at Guruvayur, Thrissur, Kerala. The company is known for: A trusted global brand: A proven track record in the US, Europe, and the Middle East ensures financial and operational stability for large-scale developers. Outstanding cost-effectiveness: Integrated multi-channel design significantly lowers installation and per-watt cost for homeowners and business owners. Comprehensive local after-sales: A 24/7 global service support and a local technical team ready to assist with on-ground requests. About Hoymiles Founded in 2012, Hoymiles is a global smart energy solution provider, specializing in microinverters and storage systems. With a vision of a clean, sustainable future, Hoymiles strives to lead the smart energy industry through advanced technology and reliable products. For more information, visit www.hoymiles.com
GOTHENBURG, Sweden, Jan. 27, 2026 /PRNewswire/ -- Minesto, leading ocean energy developer, has on a complementary basis been selected for in-depth investment advisory support by the European Investment Bank (EIB) under the PDA (Project Development Assistance) programme. The program offers extensive free of charge financial advisory support to a few carefully selected investment opportunities within the renewable energy sector in the EU. The Minesto investment case chosen for the programme is a 10MW Dragon Farm (tidal energy array) located at a new targeted site within EU waters. The EIB advisory support focus's on increasing the financial attractiveness and overall quality of the investment offer, aiming to raise 25 M EUR in capital. The programme commences immediately. Minesto has been selected by the EIB for project development assistance with a focus on investment attractiveness, targeting the first tidal farm of 10 MW as part of a larger build out in a selected EU market, adding the first EU site to the commercial opportunities being pursued in the Faroe Islands and North Wales. The PDA programme of the EIB is funded by the European Commission with the purpose to increase investment attractiveness of the top tier of innovative decarbonisation projects in the EU suitable for the Clean Industrial Deal that consists of a range of funding mechanisms, including the Innovation Fund. On an annual basis, a limited number of projects are offered PDA support across industries and sectors within EU. The EIB advisory to Minesto will include capital structuring and financial modelling to facilitate fundraising. Minesto will utilise the advisory support to target financial closure of a Minesto Dragon Farm - a first-of-a-kind tidal energy array at a selected site within the EU. The Dragon Farm is anticipated as Minesto's first project within the EU, building on years of experience from site development and tidal energy production in the Faroe Islands and in Wales. "Being selected by renewable energy and investment experts at EIB for close collaboration on capitalization of a new Dragon Farm in the EU is of significant value to Minesto. This new project will be added as a distinct investment opportunity in parallel with the Faroe Islands build-out, creating clear synergies between the initiatives and significantly increasing the short-term expansion opportunity for our world leading tidal technology," said Dr Martin Edlund, CEO of Minesto. For additional information please contactCecilia Sernhage, Chief Communications Officer+46 735 23 71 58ir@minesto.com The information in this press release is such that Minesto AB (publ) shall announce publicly according to the EU Regulation No 596/2014 on market abuse (MAR). The information was submitted for publication, through the agency of the contact person set out above, at 15:19 CET on 27 January 2026. About the EIB Project Development Assistance programme: Innovation Fund - Project Development Assistance ContactCecilia Sernhage, Chief Communications Officer+46 735 23 71 58ir@minesto.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/minesto-ab/r/european-investment-bank--eib--backs-minesto-in-developing-an-investment-case-for-the-eu-s-first-tid,c4298343 The following files are available for download: https://mb.cision.com/Main/14621/4298343/3900944.pdf PR 260127 European Investment Bank (EIB) backs Minesto in developing investment case for EU first Tidal Energy Dragon Farm_ https://news.cision.com/minesto-ab/i/dji-0902-lq,c3505168 DJI 0902 LQ
SHENZHEN, China, Jan. 27, 2026 /PRNewswire/ -- On January 26, 2026, the main structure of the SKYWORTH Smart Photovoltaic Industrial Park was officially topped out in Guangming District, Shenzhen, China. This milestone marks a significant step forward in SKYWORTH's long-term strategy within the global renewable energy sector and underscores the company's commitment to building a future-oriented photovoltaic industrial ecosystem. Jointly developed by SKYWORTH PV and SKYWORTH Group Construction & Development, and constructed by China Construction Eighth Engineering Division, the project represents a deep integration of smart manufacturing, green technology, and large-scale industrial planning. It also reflects effective collaboration between enterprise and local government to accelerate the development of advanced manufacturing and sustainable industries. From the beginning, SKYWORTH Smart PV Industrial Park was designed to go beyond the traditional concept of a manufacturing facility. With a total land area of 63,930.84 m² and a planned gross floor area of 318,266.02 m², the park includes four factory buildings and a multi-unit dormitory complex, forming a comprehensive and well-structured industrial space. This layout is intended to support technology research, intelligent production, and coordinated development across the photovoltaic value chain. The topping-out of the main structure is more than a construction milestone—it represents the establishment of a solid physical foundation for SKYWORTH PV's next stage of growth. As the park progresses toward completion, it will enable greater systemization and scale in R&D and manufacturing, providing the infrastructure needed to support continuous innovation, higher production efficiency, and long-term capacity expansion. At the ceremony, Ms. Wanfei Qu, CIO of SKYWORTH Group, Director and CEO of SKYWORTH PV, outlined the strategic vision behind the project: "SKYWORTH PV remains committed to the integrated development model of 'PV + inclusive finance + digital technology.' The topping-out of the industrial park marks a critical step toward scaled and intelligent development. In the future, this site will serve as a core hub for R&D and manufacturing, and we aim to develop it into a benchmark photovoltaic industrial park for Guangming District, Shenzhen, and the Greater Bay Area in China." Looking ahead, SKYWORTH Smart PV Industrial Park is positioned to become a central engine for the company's innovation and manufacturing capabilities. By integrating R&D, production, and supporting facilities within one unified platform, the park will help strengthen supply-chain collaboration, accelerate product iteration, and enhance SKYWORTH PV's ability to respond to global market demand. Once fully completed and operational, the industrial park is expected to contribute meaningfully to regional industrial upgrading, support the development of high-quality renewable energy manufacturing, and reinforce SKYWORTH's role in driving the global energy transition.
A12 藝術空間
Alternative Energies
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