Truist Securities initiated coverage on GE Vernova (GEV) with a Buy rating and a price target of $300, citing the company’s strong position in the energy transition. Analyst Jordan Levy expects GEV to benefit from increasing demand for electrification and hydrogen technologies, leading to significant growth and margin expansion.
The global smart energy storage market is projected to reach US$ 425.8 billion by 2034, driven by the increasing adoption of renewable energy sources and decreasing lithium-ion battery prices. The market is seeing significant growth in Europe and North America, fueled by government initiatives and strong investment in smart grid technologies.
The burgeoning field of Artificial Intelligence (AI) is driving a surge in demand for energy, particularly for powering data centers. This energy demand is pushing companies towards sustainable solutions, leading to increased reliance on critical materials like copper, uranium, and nickel. Investors seeking exposure to these materials may find opportunities in ETFs focused on mining companies, capitalizing on the anticipated price appreciation of these critical resources.
The metal and mining industry faces a surge in demand driven by the electric vehicle boom and the energy transition. While steel and coal dominate the current market, lithium, nickel, and rare earth elements are experiencing rapid growth. However, a significant investment of $5.4 trillion is needed to meet future demand and a copper supply shortage poses a major challenge.
AM Green, a leading provider of energy transition solutions, has acquired Chempolis’ next-generation 2G biofuel technology, marking a significant investment of $1 billion to produce sustainable aviation fuel (SAF). This strategic acquisition aims to accelerate AM Green’s vision of establishing a global biorefinery technology platform, contributing to the decarbonization of the aviation industry.
MetOx International, a leading developer and manufacturer of high-temperature superconducting (HTS) wire, has successfully closed a $25 million Series B Extension. This investment, led by Centaurus Capital and New System Ventures, will fuel the company’s expansion and drive the adoption of HTS technology in energy, data centers, and other critical industries.
AM Green Technology and Solutions B.V., a leading global provider of energy transition solutions, has announced the acquisition of Chempolis Oy and Fortum 3 B.V. This strategic move will accelerate their global bio-refinery platform, with a $1 billion investment aimed at producing over 0.5 million tons per year of Sustainable Aviation Fuel (SAF) by 2027. The acquisition of Chempolis Oy, a company specializing in lignocellulosic feedstock processing, will enable AM Green to build large-scale bio-refineries that produce a range of green products essential for decarbonization across various industries.
Ammper Power, a leading energy retailer in Texas, has secured a 50 MW solar energy purchase agreement, signaling its commitment to providing sustainable energy solutions to commercial, industrial, and government customers. The project, expected to begin commercial operations in Q4 2025, will facilitate the transition to renewable energy in Texas and beyond.
Vistra Corp. (VST) is making a strategic move towards clean energy by acquiring the remaining 15% stake in its subsidiary, Vistra Vision, from Nuveen Asset Management and Avenue Capital Management II. This acquisition strengthens Vistra’s position in the renewable energy market and signals its commitment to energy transition.
Honeywell and SAMSUNG E&A have joined forces to offer a carbon capture solution for power plants globally. This collaboration aims to reduce emissions, support the energy transition, and meet growing environmental goals.
