VivoPower International PLC - Ordinary Shares (VVPR)

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As the world’s shift to EVs gathers more pace and the market rebounds from short term demand weakness, one company that has attracted significant investor interest is VivoPower International PLC (NASDAQVVPR). The sustainable energy solutions company, which provides conversion kits containing all the parts needed to convert a vehicle from an internal combustion engine to electric, has seen its share price rise based on a number of tailwinds.

PALM BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Over the past decade, the international market for sustainable energy has exploded in growth. Ten years ago, renewable energy sources like solar and wind were emerging technologies, often seen as niche. Today they dominate the energy landscape, with dramatic cost reductions and efficiency improvements making them competitive with and often cheaper than fossil fuels. Technological innovations such as more efficient photovoltaic cells, advanced wind turbine designs, and energy storage solutions like lithium-ion batteries have propelled this evolution. Energy storage has seen breakthroughs that address the intermittency issues of renewables, making it more feasible to rely on them as primary energy sources. Policy frameworks have also shifted. Governments worldwide have implemented more aggressive targets for reducing carbon emissions, incentivizing renewable energy adoption, and investing in green infrastructure. The Paris Agreement, along with various national and regional commitments, has created a supportive environment for sustainable energy solutions. With this revolutionary shift to sustainable energy technology, corporate and consumer demand for greener options has also surged, pushing industries to adopt more sustainable technology. The market is now characterized by a diverse array of solutions, including green hydrogen, electric vehicles, and smart grids, reflecting a broader commitment to a sustainable energy future. According to a report from Straits Research: “The global renewable energy market size was valued at USD 1085.0 Billion in 2023. It is estimated to reach USD 2449.6 Billion by 2032, growing at a CAGR of 9.47% during the forecast period (2024–2032). Rising energy demand, renewable energy in power generation and favorable government initiatives are the key drivers for the growth of the global market.” Active companies in the markets this week include: VivoPower International PLC (NASDAQVVPR), Tesla, Inc. NASDAQ: TSLANASDAQTSLA)(NASDAQ: PLUGNASDAQPLUG, NIO Inc. (NYSE: NIONYSE), ChargePoint Holdings, Inc. (NYSE: CHPTCHPT).

VivoPower International PLC (Nasdaq: VVPR, "VivoPower” or the "Company”) is pleased to announce that it has entered into a definitive asset sale agreement for the sale of one of its non-core business units, Kenshaw Electrical (“Kenshaw”), to ARA Group Limited (“ARA”), a leading diversified industrial services group based in Australia. This is in line with VivoPower’s previously announced strategy to focus on reinvesting in its strong growth businesses including Tembo.

VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his individual shareholding in the Company by 146,084 shares, representing approximately 4.4% of the undiluted number of issued and outstanding shares of the Company. This is through a voluntary election to receive his CEO salary from 1 July 2023 until 30 June 2024, in the form of ordinary shares in VivoPower, for which the issuance of VivoPower shares for the period from 1 July 2023 to 31 March 2024 has been approved by the Remuneration Committee. The number of shares noted above represents CEO compensation for the 9 month period to 31, 2024, with Kevin Chin also having elected in November 2023 to receive his CEO salary for the full financial year ending June 30, 2024 in the form of VivoPower ordinary shares. The shares to be issued for the quarter ending 30 June 30, 2024 will be subject to Remuneration Committee approval immediately after the end of that quarter.

The whole world is on a decarbonization mission amid rising climate change concerns. In fact, the International Energy Agency (IEA) estimates that this year will bring $1.7 trillion worth of investments in deploying renewable energy and other clean-energy technologies—a new all-time high that follows six straight years of increases.

VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to confirm that its subsidiary Tembo e-LV B.V. (“Tembo”) has now met all of the milestones required to obtain the full strategic direct equity investment into Tembo, at a pre-money valuation of US$120 million and that the initial tranche of funds have been received.

Investment commitment secured from private investment office backed by member of ruling Al Maktoum family of Dubai

VivoPower International (NASDAQVVPR) shares surged after recent announcements, giving shareholders in excess of triple-digit returns. But as VVPR stock continues to make new 52-week highs, potential investors on the sidelines may be questioning whether they might have missed out entirely on the rally. Could the stock still have more upside going forward?

As the world races towards a sustainable future, the transition to renewable energy sources has gained unprecedented momentum. Last year, greenhouse gas emissions fell to a historic low as renewable energy in the U.S. reached an all-time high, with wind, solar, and hydroelectric plants meeting almost a quarter of the nation’s power demand, while electric vehicle sales surged to their highest levels ever.

As the world races towards a sustainable future, the transition to renewable energy sources has gained unprecedented momentum. Last year, greenhouse gas emissions fell to a historic low as renewable energy in the U.S. reached an all-time high, with wind, solar, and hydroelectric plants meeting almost a quarter of the nation’s power demand, while electric vehicle sales surged to their highest levels ever.

VivoPower International PLC (NASDAQVVPR) is one today’s most active stocks by volume. So far today, approximately 34.35M shares of VivoPower International PLC have been exchanged, as compared to an average 30-day volume of 5.72M shares.

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”, "VivoPower") today announced that its Board of Directors (the "Board") has authorized a capital management strategy including a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to US$5 million of the Company’s outstanding common stock. The Stock Buyback Program has an expiration date of April 3, 2025 and may be suspended, terminated, amended or modified by the Board at any time without prior notice at the Board’s discretion.

VivoPower International PLC (NASDAQVVPR) is one today’s most active stocks by volume. So far today, approximately 62.03M shares of VivoPower International PLC have been exchanged, as compared to an average 30-day volume of 17,322 shares.

There's been a lot of recent news about automakers cutting back on or delaying production of electric vehicles (EVs) due to slowing consumer demand. One of the main culprits responsible for the weakening demand is high interest rates, which have made consumers hesitant to finance big-ticket purchases like electric cars.

There’s been a lot of recent news about automakers cutting back on or delaying production of electric vehicles (EVs) due to slowing consumer demand. One of the main culprits responsible for the weakening demand is high interest rates, which have made consumers hesitant to finance big-ticket purchases like electric cars.

Access Industrial Mining Inc (“Access”) in Canada is the inaugural partner to receive shipment

Orders pursuant to Tembo’s previously announced joint venture with Francisco Motors

LONDON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, the “Company” or “VivoPower”) today announced its half year unaudited preliminary results for the six months ended December 31, 2023.

VivoPower International PLC (NASDAQVVPR) is one of today’s top gainers. The company’s shares have moved -2.85% on the day to $1.88.

Investment secured from private investment office backed by member of ruling Al Maktoum family of Dubai

LONDON, Dec. 18, 2023 (GLOBE NEWSWIRE) --  VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his individual shareholding in the Company by 125,000 shares, representing approximately 4% of the undiluted number of issued and outstanding shares of the Company. This is through a voluntary election to receive his CEO salary since 1 July 2023 in the form of ordinary shares in VivoPower and was approved by the Remuneration Committee.

Board initiated review following inbound M&A expressions of interest