Green Stock News for January 23, 2025: Ormat Technologies, Beam Global, Cyngn, SES AI @GreenStockNews
Green Stock News for January 23, 2025: Ormat Technologies, Beam Global, Cyngn, SES AI  @GreenStockNews
Uploaded January 2025 | Updated September 2026, 4 days ago
Welcome to the Green Stock News brief for Thursday January 23rd. Here are today’s top headlines:

Ormat Technologies (NYSE: ORA) has signed a 10-year Power Purchase Agreement with Calpine Energy Solutions for up to 15 MW of renewable energy from its Mammoth 2 geothermal plant, starting in Q1 2027. This agreement reflects California's growing demand for carbon-differentiated electricity driven by Renewable Portfolio Standards and corporate sustainability goals.

Beam Global (NASDAQ: BEEM) has received a new U.S. patent for their Phase Change Composite (PCC™) spacer product, which helps manage thermal conditions in Li-ion battery packs through an innovative manufacturing process. The patented technology enables automated battery assembly while providing cost-effective thermal management for Li-ion batteries operating in extreme conditions, helping prevent thermal runaway propagation.

Cyngn (NASDAQ: CYN) has expanded its presence in the automotive manufacturing sector with DriveMod Tugger deployments across five major automotive OEMs and Tier-1 Suppliers throughout the US and Mexico. Building on recent successes, the company continues to demonstrate its capability to provide scalable automation solutions.

SES AI (NYSE: SES) has announced $10 million in contracts with major global OEM partners to use AI for developing new electrolyte materials for Li-Metal and Li-ion batteries for automotive applications. Revenue from these contracts will be partially recognized in Q4 2024, building on SES AI’s recent breakthrough in battery materials for drones and robotics.

Disclaimer

This video is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. THIS VIDEO IS INTENDED AS GENERAL INFORMATION AND NOT INFORMATION THAT YOU SHOULD RELY ON FOR INVESTMENT OR TRADING PURPOSES. This video is not financial advice and should not be taken as financial advice. This video is for information, education and entertainment purposes only. Green Stock News is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A PROFESSIONAL BROKER OR COMPETENT FINANCIAL ADVISOR. Video content is based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete.

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Source: greenstocknews.com/newswire/green-stock-news-for-january-23-2025-ora-beem-cyn-ses

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Green Stock News for January 23, 2025: Ormat Technologies, Beam Global, Cyngn, SES AI

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