Energy & Green Tech
Verdera Energy Sells Treeline Uranium Project to Americas Uranium as New Report Tracks Global Clean Energy Progress
A small uranium explorer just sold off a property that never made its priority list, taking cash, shares, and a royalty stream in return. Zoom out from any single stock this week and a new global report has a blunter story to tell: clean electricity investment hit a record last year, and it’s still not…
BWXT Selected for Army’s Janus Program: First Microreactor at Fort Campbell
The US Army handed out its first-ever microreactor deployment contract on August 26, and BWX Technologies won it. The stock did not celebrate. Shares traded around $153 to $157 two days later, more than a third below their 52-week high of $241.82, even as the company’s reactor design became the first of five competing technologies…
Eric Sprott Lifts MAX Power Mining Stake to 24.35%
Billionaire investor Eric Sprott just wrote a $6 million check to increase his stake in a natural hydrogen explorer, days after shareholders voted almost unanimously to clear the way. A Quebec graphite developer signed a new partnership aimed at cutting the cost of turning its ore into finished battery material. Eric Sprott Lifts MAX Power…
Ur-Energy Becomes a Two-Mine Producer With First Shirley Basin Shipment
Two and a half years ago, Ur-Energy had a construction decision and an empty hole in Wyoming. On August 19, it had a truck of uranium-loaded resin headed to a processing plant. That shipment turns Shirley Basin from a permitted project into the company’s second working mine, and it comes just over a week after…
HydroGraph Clean Power Upsizes Bought Deal to C$61.2M as Two More Battery Material Stocks Report Fresh Updates
A graphene producer that reported just $43,000 in revenue last year upsized a stock offering to C$61.2 million this week, and investors sold the stock anyway. A graphite miner got picked by the Canadian government to represent the country in a battery testing program with Japan. And a lithium company reported a quarterly net loss…
X-Energy’s Revenue Jumps 154% as Stock Gains 10% on Q2 Results
X-Energy told investors last week that a definitive fuel contract with Centrus Energy would de-risk its reactor pipeline. This week the company reported the numbers behind that claim: revenue and grant income of $54.6 million, up 154% from a year earlier, and a stock that jumped roughly 10% on the news. The same report showed…
First Phosphate Elevates ADR Listing to Nasdaq Global Market as Two Clean Energy Stocks Diverge on Fresh Disclosures
A Quebec phosphate developer just added a major U.S. exchange to its growing list of listings, the fourth market where its shares now trade. A thermal energy storage company just shrank its share count for the third time in seven months to keep its stock above a dollar. And a Texas solar manufacturer beat Wall…
Centrus Energy Signs Definitive HALEU Supply Deal With X-Energy
Centrus Energy signed a nuclear fuel contract on August 6 that does not require anyone to guess what “de-risking” means: X-Energy is prepaying for enrichment services it has not received yet, and Centrus is building capacity based on money already in hand. The morning before, Centrus reported second-quarter earnings that beat estimates by 82%. Two…
IsoEnergy Forms $105M-Backed DISA Uranium Venture as Two Clean Energy Stocks Slide on Fresh Disclosures
A Toronto uranium miner just handed off a chunk of its Utah portfolio to a brand-new company backed by $105 million from strategic investors including a mining major and an oilfield services giant. A battery materials company’s own financing announcement knocked more than 20% off its stock the next day. And a solar technology company…
SunPower’s Q2 Revenue Falls 23% on Self-Imposed Quality Holds
SunPower held back $15.3 million of already-signed, already-financed jobs from its own second quarter, on purpose, over blurry photos and missing utility bills. The company reported the results anyway on July 28. Revenue came in at $56.0 million, down 23% from the prior quarter, and the stock kept sliding toward $0.31, a level that makes…
