ReVolve Renewable Power - REVVF STOCK NEWS

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

Revolve Renewable Power Corp. is a prominent North American company focused on owning, operating, and developing renewable energy projects. With a diverse portfolio of utility-scale wind, solar, hydro, and battery storage projects in the US, Canada, and Mexico, the company is a leader in the renewable energy sector. The Bouse Solar and Storage Project and the Parker Solar & Storage Project are significant additions to Revolve's expanding renewable energy portfolio. Revolve is dedicated to sustainable energy solutions, with a strong emphasis on innovation, efficiency, and environmental responsibility.

05/30/2024 09:00 AM

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Revolve Reports Q3 FY2024 Revenue Increase of 65%

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Revolve Renewable Power Corp. (REVVF) reported a 65% revenue increase for Q3 FY2024, compared to the same period last year, following the acquisition of WindRiver Power. Total revenues for the quarter were $337,439 and $1,668,201 for the nine months ending March 31, 2024. Notable revenue sources included electricity generation and milestone payments. Renewable energy generation reached 3,877,342 kWh for the quarter. The company completed the acquisition of WindRiver and has various projects under development, including a 3MW CHP project and 450kWp rooftop solar project in Mexico. Despite challenges in converting signed power purchase agreements, Revolve remains optimistic. However, the company reported a net loss of $1,167,546 for the quarter, a significant decline from a net profit last year. As of March 31, 2024, cash on hand was $1,295,455.

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05/01/2024 08:00 AM

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Revolve Announces Release Date for Q3 2024 Financial Results

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Revolve Renewable Power Corp. (OTCQB: REVVF) is set to release its Q3 2024 financial results on May 30, 2024, before the markets open. The company, a North American renewable energy projects owner, operator, and developer, will provide additional business updates alongside the financial statements.

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04/25/2024 08:00 AM

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Revolve Commences Installation Works on 450kWp Rooftop Solar Project

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Revolve Renewable Power Corp. has started the installation works on a 450kWp rooftop solar project in Central Mexico, expected to generate over 650,000kWh of renewable electricity annually and offset 325,000 kg of CO2 emissions. The project will operate under a 15-year power purchase agreement, with commercial operation targeted before the end of June. Revolve aims to expand its renewable energy portfolio and sees a growing demand for distributed generation projects.

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04/22/2024 08:00 AM

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Revolve Provides Development Update on Its Vernal BESS Project

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Revolve Renewable Power Corp provides an update on the development progress of its Vernal Battery Storage project, a key utility scale project aimed at generating long-term revenue and cash flow. The project is located in Uintah County, Utah, on a 47-acre parcel of land owned by the State Land Trust. The Company has made significant strides in the interconnection process and permitting works, with plans to commence construction in 2025 and commercial operations in 2026.

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04/18/2024 08:00 AM

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Revolve Announces Grant of Deferred Share Units

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Revolve Renewable Power Corp. announces the grant of 335,784 Deferred Share Units (DSUs) to the Company's directors under the Deferred Share Unit Plan. Each DSU entitles the holder to receive one share of the Company or a cash payment equal to the share's value upon ceasing to be a director. The DSUs vest after one year from the grant date, issued quarterly at a price of C$0.30 per share in place of cash director's fees.

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04/15/2024 08:00 AM

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Revolve Announces Appointment of CFO

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Revolve Renewable Power Corp. appoints Ms. Tania Ontiveros as the new Chief Financial Officer, bringing over 15 years of experience in the renewable energy sector. The company aims to enhance financial reporting, treasury, and corporate finance capabilities, signaling a strategic move towards becoming an operator of renewable energy projects in the Canadian market.

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04/12/2024 08:00 AM

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Revolve Engages ICP Securities Inc. for Automated Market Making Services

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Revolve Renewable Power Corp. (REVVF) engages ICP Securities Inc. for market making services and adds Ray Lagace to Investor Relations team.

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04/09/2024 06:00 AM

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Revolve CEO Increases Ownership Position to 6%

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Revolve Renewable Power Corp.'s CEO, Steve Dalton, acquires 133,500 common shares, increasing his shareholding to 6.01% of the total issued shares. The securities were acquired for investment purposes, with potential future transactions.

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03/04/2024 06:45 PM

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Revolve Announces Grant of Deferred Share Units

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Revolve Renewable Power Corp. announces the grant of Deferred Share Units to directors under the omnibus equity incentive plan. A total of 1,140,421 DSUs have been granted at various prices for different periods. The Company plans to issue DSUs instead of cash director's fees going forward.

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02/27/2024 07:15 AM

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Revolve Reports Q2 FY2024 Financial Results

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Revolve Renewable Power Corp. reported financial results for Q2 FY2024, highlighting total revenues of US$130,882 for the 3-month period and US$1,330,762 for the 6-month period. The company closed the acquisition of WindRiver, adding to its renewable energy portfolio. Net Loss for the quarter was US$421,257, with a Net Income of US$500,519 for the 6-month period. Cash on balance sheet stood at US$1,353,618 as of December 31, 2023.

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FAQ

What is the current stock price of ReVolve Renewable Power (REVVF)?

The current stock price of ReVolve Renewable Power (REVVF) is $0.15 as of February 24, 2025.

What is the market cap of ReVolve Renewable Power (REVVF)?

The market cap of ReVolve Renewable Power (REVVF) is approximately 10.5M.

What is Revolve Renewable Power Corp. focused on?

Revolve Renewable Power Corp. is dedicated to owning, operating, and developing renewable energy projects, including utility-scale wind, solar, hydro, and battery storage projects.

Where does Revolve Renewable Power Corp. operate?

Revolve operates in North America, with projects in the US, Canada, and Mexico, contributing to the region's sustainable energy initiatives.

What are some of the notable projects under Revolve Renewable Power Corp.'s portfolio?

Projects like the Bouse Solar and Storage Project and the Parker Solar & Storage Project are significant additions to Revolve's expanding portfolio of renewable energy projects.

What values drive Revolve Renewable Power Corp.?

Revolve is committed to innovation, efficiency, and environmental responsibility, focusing on providing sustainable energy solutions to meet the growing demand for renewable power.

How does Revolve Renewable Power Corp. contribute to the renewable energy sector?

Revolve plays a critical role in advancing the renewable energy sector by developing and operating utility-scale projects that leverage wind, solar, hydro, and battery storage technologies.