Streetbeat News

Partnerships

HDRO

HYDR

PLUG

Plug Power Inc. (NASDAQ:PLUG) shares are surging premarket after securing a 25 MW order for its electrolyzer systems from BP and Iberdrola's joint venture. This project aims to decarbonize BP's Castellón refinery in Spain, marking the start of a long-term collaboration. Plug Power also received a $10 million grant from the U.S. Department of Energy for hydrogen refueling infrastructure. Investors can access the stock via Global X Hydrogen ETF (NASDAQ:HYDR) and ETF Series Solutions Defiance Next Gen H2 ETF (NYSE:HDRO).

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 10:21 am

MVPA

OCTA

TTE

TotalEnergies has extended its LNG deal with CNOOC by five years, securing long-term sales in Asia and reducing exposure to spot market gas prices. The company also signed a 10-year LNG deal with BOTAŞ and formed a joint venture with Adani Green for a solar project in India.

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 10:14 am

CVX

Wärtsilä and Chevron Shipping Company are collaborating to convert engines on six of Chevron's LNG carriers to reduce greenhouse gas emissions. The first two vessel conversions were ordered in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:03 am

LODE

Comstock has announced progress in its SBCC transactions, additional convertible debt financing of $3.5M, and new revenue contracts for its solar panel recycling business. The company also revealed an international equity partnership and a term sheet for $325M in funding.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:02 am

INFY

Infosys has announced an extension of its strategic collaboration with Posti, a leading delivery and logistics provider in Finland, Sweden, and the Baltics. This partnership aims to enhance customer experience and operational efficiency for Posti.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:01 am

HUIZ

Huize Holding Limited has partnered with New China Life Insurance to launch 'Bliss No.2', a customized lifetime annuity product aimed at addressing the growing demand for diversified retirement solutions in China.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 9:11 am

HUT

Hut 8 Corp. has expanded its partnership with BITMAIN to launch a next-gen liquid-cooled ASIC miner, the U3S21EXPH, for Bitcoin mining. This development is part of Hut 8's strategy to scale its compute layer across energy-intensive technologies, including Bitcoin mining and AI compute.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:57 am

AZ

A2Z has signed a framework agreement with Level 10 to facilitate the rollout of smart carts for retailers in the U.S. This partnership aims to enhance the shopping experience and streamline operations for retailers.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:15 am

FFIE

Faraday Future is set to deliver its FF 91 2.0 Futurist Alliance vehicle to Born Leaders Entertainment, marking a strategic move into music and celebrity marketing. This partnership could lead to promotional opportunities and endorsements, enhancing Faraday Future's B2B business.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:09 am

SRAD

Sportradar (NASDAQ:SRAD) is launching AI-powered micro markets for ATP tennis, creating 1,500 new betting opportunities per match. This strategic move, in collaboration with Tennis Data Innovations, aims to enhance in-play betting with more granular options.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:08 am