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DevvStream ( (DEVS) ) has issued an announcement.
DevvStream Corp. has announced two new memoranda of understanding in Indonesia with PT Tren Solusi Transformasi Indonesia and PT Kartika Satu Graha Mandiri for waste-to-energy projects. These projects are expected to generate new revenue streams through International Renewable Energy Certificates and verified carbon credits. This expansion strengthens DevvStream’s presence in Southeast Asia, diversifying its portfolio across hydro, solar, and other renewable energy sources. The waste-to-energy sector in Southeast Asia is projected to grow significantly, and DevvStream’s involvement positions it to address regional challenges of waste and power while enhancing its market positioning.
More about DevvStream
Founded in 2021, DevvStream is a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The company operates across three strategic domains: offset portfolio, project investment, and project development, aiming to align sustainability with profitability.
Average Trading Volume: 17,666,594
Technical Sentiment Signal: Sell
Current Market Cap: $12.65M
For an in-depth examination of DEVS stock, go to TipRanks’ Stock Analysis page.