Welcome to our dedicated page for Vivopower International Plc news (Ticker: VVPR), a resource for investors and traders seeking the latest updates and insights on Vivopower International Plc stock.
Vivopower International Plc (NASDAQ: VVPR) delivers sustainable energy solutions through global solar power projects and electric vehicle innovations. This news hub provides investors with essential updates on the company’s photovoltaic developments, energy storage initiatives, and strategic partnerships.
Access timely press releases covering financial results, project milestones, and operational expansions. Our curated collection includes updates across all business segments: solar development progress, critical power service enhancements, and EV market advancements in key regions like the Netherlands.
Bookmark this page for structured access to Vivopower’s latest announcements, designed to help stakeholders track renewable energy innovations and infrastructure investments. Regular updates ensure you stay informed about long-term power agreements and sustainable technology deployments.
VivoPower is advancing its sustainability-focused business model through the acquisition of Tembo, enhancing its electric vehicle (EV) segment. This strategic move aims to leverage the growing demand for decarbonization. Analysts have set a DCF valuation of $19 per share, dependent on the performance of Tembo, particularly in its projected sales of 5,000 vehicles by 2025. Production ramp-up poses potential risks related to manufacturing and supply chain logistics.
VivoPower International PLC (NASDAQ: VVPR) announced that Kevin Chin, Executive Chairman and CEO, along with Matt Cahir, Executive Director, will present at the Virtual Roth Conference from March 15-17, 2021. This 33rd annual conference connects over 400 companies with global investors and features one-on-one meetings, industry panels, and fireside chats across various sectors, including Sustainability and Technology. VivoPower is focused on sustainable energy solutions, providing decarbonization options to create a net zero carbon future.
VivoPower International PLC (Nasdaq: VVPR) announced that CEO Kevin Chin and Executive Director Matt Cahir will present at the Inaugural Emerging Growth Virtual Conference on March 17-18. The event will run from 9:00 am to 5:00 pm EST, featuring issuer presentations, discussions, and Q&As with CEOs. Registration is required for exclusive access. VivoPower focuses on sustainable energy solutions, including electric vehicles and solar services, and operates internationally.
VivoPower International PLC (NASDAQ: VVPR) announced that its subsidiary, J.A. Martin Electrical, secured a contract for electrical works on the 200 MW Blue Grass Solar Farm in Queensland, Australia. This project, in partnership with GRS, marks J.A. Martin's third solar farm completion, contributing to over 350 MW contracted. The solar farm will generate approximately 420,000 MWh of energy annually, powering 80,000 homes and avoiding over 320,000 tonnes of CO2 emissions. The construction will create about 400 local jobs, enhancing regional economic development.
VivoPower International PLC (Nasdaq: VVPR) announced a 28% decline in revenue and 17% drop in gross profit for the half-year ended December 31, 2020, attributed to strict COVID-19 lockdowns in Australia. Despite these challenges, the company completed its acquisition of Tembo e-LV, enhancing its sustainable energy solutions. Notable achievements include a $250 million partnership deal with GB Auto and a deal with Tottenham Hotspur FC for sustainable energy solutions. The underlying adjusted EBITDA stood at $1.2 million, down from $5.5 million in the previous year.
VivoPower International PLC (Nasdaq: VVPR) has entered a partnership with Tottenham Hotspur as its Official Battery Technology Partner until the end of the 2021/22 season. This unique collaboration aims to support the football club's commitment to achieving net zero carbon status. VivoPower is set to review the club's stadium and training center, proposing a sustainable energy solution, including a solid-state battery and solar panels. The partnership highlights Tottenham's dedication to sustainability, recognized as the Premier League's greenest club and a participant in the UN Sports for Climate Action Framework.
VivoPower International PLC (NASDAQ: VVPR) announces the appointment of Hugh Durrant-Whyte to its Advisory Council, marking the completion of its six-member team. Durrant-Whyte, a prominent figure in robotics and automation, has an extensive background, including roles as Chief Scientist in New South Wales and Chief Scientific Advisor to the UK Ministry of Defence. His expertise is expected to enhance VivoPower's efforts in deploying Tembo electric vehicles and sustainable energy solutions, particularly within the mining sector, as noted by CEO Kevin Chin.
VivoPower International PLC (NASDAQ: VVPR) has sold its majority stake in the Daisy Hill Solar Farm, a 6.3 MW-DC solar project in New South Wales, Australia, to IT Power (Australia) Pty Ltd. The transaction yielded a 2.1x return on VivoPower’s invested capital. CEO Kevin Chin stated that this sale aligns with the company’s new focus on customer-centric sustainable energy solutions, including renewable generation and battery storage. The completion of the project is now entrusted to ITP Renewables, with expectations of successful delivery.
VivoPower International (Nasdaq: VVPR) will report its half-year results for the period ending December 31, 2020, on February 24, 2021, at 16:00 EST. An accompanying earnings conference call, led by CEO Kevin Chin, is scheduled for the same day at 16:30 EST. Interested parties can access the live audio call via specified dial-in numbers, and a webcast will be available on VivoPower's website, with the replay accessible for one year.
VivoPower specializes in sustainable energy solutions, focusing on battery technology and electric vehicles.
LONDON, Jan. 27, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) announces the completion of electrical works for the 39 MWdc Molong Solar Farm in New South Wales, Australia. This project will generate about 78,000 MWh of annual clean energy, powering approximately 11,000 homes and displacing over 53,000 tonnes of CO2 emissions yearly. J.A. Martin, its subsidiary, has now worked on over 150 MWdc of solar farms in Australia in the past three years, underscoring its growth in solar solutions.
