Tag: artificial intelligence

Gross Profit Grows 75% Year-Over-Year as Platform Operational Efficiency Improves

SHANGHAI, June 05, 2026 (GLOBE NEWSWIRE) -- Sigenergy, a global pioneer in "AI + Energy Storage" technology, accelerated its international growth at SNEC 2026 by securing a TÜV SÜD Bankability Due Diligence Report for its SigenTerra utility-scale storage system. This independent validation confirms SigenTerra’s exceptional technical maturity, safety, and long-term investment value, paving the way for seamless project financing worldwide.

SHANGHAI, June 05, 2026 (GLOBE NEWSWIRE) -- Inside the bustling halls of the 19th SNEC Exhibition, Sigenergy showcased the future of clean energy. Under its defining "AI in All" strategy, the company unveiled a complete portfolio of smart solar-plus-storage solutions, proving how deep artificial intelligence can transform utility grids, commercial spaces, and residential homes into highly synchronized, autonomous energy ecosystems.

SAN DIEGO, June 04, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (“SOLV” or the “Company”) (Nasdaq: MWH), a leading provider of infrastructure services to the power industry, today announced that, in connection with its previously completed public offering of 15,000,000 shares of Class A common stock of the Company, including 7,698,410 shares being offered by affiliates of American Securities LLC (the “Selling Stockholders”) and 7,301,590 shares being offered by the Company, the underwriters have fully exercised their option to purchase an additional 2,250,000 shares of Class A common stock of the Company, including 1,154,760 shares from the Selling Stockholders and 1,095,240 from the Company at the public offering price of $36.00 per share, less underwriting discounts and commissions. The issuance and sale of the additional shares closed today.

Platform highlights continued investment in digital service infrastructure and user experience enhancements