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SCLE - SCLE STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SCLE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SCLE's position in the market.

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Voltus and Coinmint have partnered to enhance New York's grid reliability by delivering 100 megawatts of demand response to NYISO. Coinmint operates a blockchain data center in Massena, NY, primarily powered by hydroelectric energy, achieving an estimated 99% renewable energy mix. This partnership aligns with Coinmint's ESG initiatives and allows for improved operational efficiency and load flexibility in energy usage. The integration of Voltus's DER platform connects distributed resources to electricity markets, enhancing energy sustainability.

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Voltus, Inc., a leader in Distributed Energy Resource (DER) software, announces a Virtual Investor Day on March 22, 2022, at 10 am EDT. The event will showcase Voltus's growth strategy, projected to tap into a $120 billion market by 2030, focusing on decentralized and sustainable energy systems. Following a presentation by the executive team, a live Q&A will be held. The merger with Broadscale Acquisition Corp. is anticipated to close in the first half of 2022, creating Voltus Technologies, Inc. with a new ticker symbol “VLTS.”

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Voltus, Inc. announced that CEO Gregg Dixon will speak at the Scott’s Mining Conference on February 8, 2022, at 10:10 am CT. He will share insights on improving power consumption and revenue generation for crypto miners using the Voltus DER software technology platform.

Dixon's presentation, titled “Don't Mess With Texas,” will cover economic incentives and optimal state programs for Bitcoin miners, showcasing how they can support the clean energy transition. Voltus is set to combine with Broadscale Acquisition Corp. (NASDAQ: SCLE) in 2022.

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Mawson Infrastructure Group (NASDAQ:MIGI) partners with Voltus to deliver up to 100MW of energy resources to the PJM Interconnection grid in 2022. A new Bitcoin mining facility is being established in Midland, Pennsylvania, aiming to bring 50MW online by March 2022 and another 50MW by June 2022. The company has signed a 5-year Power Purchase Agreement with Energy Harbor for 100% carbon-free energy at this facility. This collaboration enhances Mawson's digital infrastructure strategy while supporting grid reliability and promoting sustainable energy use.

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Mawson Infrastructure Group (NASDAQ: MIGI) and Voltus, Inc. announce plans for a new 100 megawatt cryptomining facility in Midland, Pennsylvania, aimed at reducing energy consumption and environmental impacts by utilizing distributed energy resources (DER) software. The facility aims to bring 50 MWs online by March 2022 and an additional 50 MWs by June 2022, contributing to the PJM electricity grid. This strategic partnership positions Mawson as a leader in sustainable energy and digital infrastructure as it seeks to enhance efficiency in cryptomining while supporting grid reliability.

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Broadscale Acquisition Corp. (Nasdaq: SCLE) and Voltus, Inc. have announced the filing of a registration statement on Form S-4 with the SEC related to their merger. The transaction, initially agreed upon on November 30, 2021, aims to create a leading software technology platform for monetizing distributed energy resources. The merger is anticipated to finalize in Q2 2022, subject to stockholder approval and SEC clearance. This move positions Voltus to capitalize on the growing demand for decentralized, cleaner energy solutions.

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Voltus, Inc. announces a partnership with WattTime to enhance its distributed energy resource (DER) offerings. This collaboration aims to provide customers with insights into the emissions impact of their DER participation, allowing for improved load curtailment and automated load shifting. WattTime's data showcases significant emissions reductions, such as one New York client avoiding 136 metric tons of CO2. The partnership aligns with Voltus's mission to support a cleaner energy grid, maximizing the benefits of DER programs.

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Voltus, Inc. has successfully cleared over 150 megawatts in the Ontario demand response market, expected to generate more than $3 million in annual revenue. By becoming the third-largest demand response aggregator since entering in 2019, Voltus capitalizes on the growing need for capacity in Ontario. The Independent Electricity System Operator (IESO) procured approximately 2.1 gigawatts in a recent auction, indicating heightened demand for electricity reliability. Voltus invites local businesses to enroll for potential earnings starting summer 2022 through its demand response program.

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Voltus, the leader in software technology for Distributed Energy Resources (DERs), has announced a definitive business combination with Broadscale Acquisition Corp. The merger will enable Voltus to become the first publicly traded pure-play DER software company, with a projected equity value of approximately $1.3 billion. The transaction includes $100 million PIPE investment and is expected to close in the first half of 2022. Voltus anticipates significant revenue growth, projecting $520 million by 2025, supported by a strong backlog of $275 million.

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FAQ

What is the market cap of SCLE (SCLE)?

The market cap of SCLE (SCLE) is approximately 433.4M.

SCLE

Nasdaq:SCLE

SCLE Rankings

SCLE Stock Data

433.41M
34.50M
99.16%
0.06%
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