Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Charwood Energy S.A ( (FR:ALCWE) ).
Charwood Energy has secured a contract to design and construct a biomass boiler unit for the community of municipalities of Les Sablons in France. This project, which contributes to the Regional Climate-Air-Energy Plan, aims to supply renewable energy to public buildings using locally grown miscanthus, thereby reducing CO2 emissions by 300 metric tons annually and supporting a circular economy. The undertaking will generate over €2 million in revenue and involves a comprehensive scope of work, including the implementation of Schmid Energy’s biomass boilers with a total capacity of 1,350 Kw. The project is set to commence in the first half of 2025, with completion expected by early 2026.
More about Charwood Energy S.A
Charwood Energy is a French company specializing in the development and operation of tailored biomass renewable energy solutions, including heating, heat networks, anaerobic digestion, and pyrogasification technologies. Established in 2019, the company is involved in producing green gas, biochar, and carbon credits for industrial customers and is listed on Euronext Growth® Paris.
YTD Price Performance: -1.74%
Average Trading Volume: 312
Technical Sentiment Consensus Rating: Buy
See more insights into ALCWE stock on TipRanks’ Stock Analysis page.