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HELIOGEN INC - HLGN STOCK NEWS

Welcome to our dedicated page for HELIOGEN news (Ticker: HLGN), a resource for investors and traders seeking the latest updates and insights on HELIOGEN stock.

Heliogen Inc. (Symbol: HLGN) is a pioneering clean energy company with a mission to eliminate the need for fossil fuels across all sectors of the economy. The company is dedicated to developing and implementing revolutionary technologies that harness the power of the sun to produce carbon-free, ultra-high temperature heat and fuels.

Founded at Idealab, a leading technology incubator, Heliogen aims to transform industrial processes by replacing fossil fuels with sustainable energy solutions. The company's innovations focus on generating solar energy at scale, including the production of hydrogen fuel, which has the potential to revolutionize the energy industry.

Heliogen's core business revolves around its breakthrough technology that concentrates sunlight to achieve temperatures exceeding 1,000 degrees Celsius. This high-temperature heat can be used in various industrial applications such as cement manufacturing, steel production, and petrochemical processes, making these industries more sustainable and eco-friendly.

In recent achievements, Heliogen has made significant strides in advancing its technology through strategic partnerships and pilot projects. The company is actively engaged in collaborations with major players in the energy sector to deploy its solar energy solutions on a commercial scale. Moreover, Heliogen's financial health reflects its commitment to innovation and growth, with continuous investments in research and development.

Heliogen is also exploring new avenues to enhance its technology and expand its market reach. The company's current projects include developing solutions for energy storage and improving the efficiency of solar energy conversion. These initiatives align with Heliogen's vision of creating a sustainable future powered by clean and renewable energy sources.

For more information about Heliogen, please visit heliogen.com.

Rhea-AI Summary
HLGN - Heliogen, Inc. reports $73 million contracted revenue backlog and $2.3 million in revenue for Q3 2023. The company sees a significant increase in opportunity pipeline and initiates construction on a steam plant in the Permian Basin. Heliogen also completes design verification of the particle receiver for the world’s first fully integrated Generation 3 CSP plant.
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Heliogen, Inc. (HLGN) to participate in Sidoti November Virtual Investor Conference, showcasing AI-enabled concentrating solar energy solutions. Sagar Kurada, CFO, to lead public presentation and one-on-one meetings with investors, emphasizing commitment to decarbonizing industry and sustainable civilization. The event on Nov. 15-16, 2023, offers insights into strategic initiatives and progress in renewable energy sources.
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Heliogen, Inc. (NYSE: HLGN) faces delisting from NYSE due to falling below market capitalization standards. Common stock and public warrants to begin trading on OTC marketplace on November 8, 2023. The company remains committed to strategic priorities and growth plans despite the change in listing status.
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Heliogen to release financial and operating results for Q3 2023
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Heliogen completes key milestones for its Capella Project, advancing its Gen3 Concentrating Solar Power commercial demonstration.
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Heliogen announces 1-for-35 reverse stock split to increase market price and maintain NYSE listing
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Heliogen, Inc. (NYSE: HLGN) to participate in SHARE Series Management Update event featuring a fireside chat with CEO Christie Obiaya. The event will be live-streamed on August 14, 2023, at 8:00 AM EDT and will include an audience Q&A. The live webcast can be accessed on the company's Investors section or via a provided link. An archived replay will be available for 90 days.
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FAQ

What is the current stock price of HELIOGEN (HLGN)?

The current stock price of HELIOGEN (HLGN) is $1.75 as of October 15, 2024.

What is the market cap of HELIOGEN (HLGN)?

The market cap of HELIOGEN (HLGN) is approximately 8.1M.

What is Heliogen Inc.'s mission?

Heliogen's mission is to eliminate the need for fossil fuels by developing technology that creates ultra-high temperature heat and fuels from sunlight.

What industries can benefit from Heliogen's technology?

Industries such as cement manufacturing, steel production, and petrochemical processes can benefit from Heliogen's high-temperature solar energy solutions.

How does Heliogen's technology work?

Heliogen uses concentrated solar power to achieve temperatures over 1,000 degrees Celsius, which can be used in various industrial applications.

What recent achievements has Heliogen made?

Heliogen has advanced its technology through strategic partnerships and pilot projects, aiming to deploy its solar solutions on a commercial scale.

What are Heliogen's current projects?

Heliogen is working on energy storage solutions and improving solar energy conversion efficiency to expand its market reach.

Who founded Heliogen?

Heliogen was created at Idealab, a leading technology incubator.

How is Heliogen contributing to a sustainable future?

Heliogen's technology reduces dependence on fossil fuels, lowers carbon emissions, and promotes the use of renewable energy sources.

Where can I find more information about Heliogen?

For more information, please visit Heliogen's official website at https://heliogen.com.

What is the significance of Heliogen's solar technology?

Heliogen's solar technology offers a sustainable alternative to fossil fuels, helping industries reduce their environmental impact.

What are the potential applications of Heliogen's technology?

Potential applications include industrial processes requiring high temperatures, such as cement and steel production, and the creation of hydrogen fuel.

HELIOGEN INC

OTC:HLGN

HLGN Rankings

HLGN Stock Data

8.10M
4.21M
39.61%
0.52%
2.12%
Utilities - Renewable
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United States of America
Pasadena