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The latest update is out from Synertec Corporation Limited ( (AU:SOP) ).
Synertec Corporation Limited has announced that Santos Limited has ordered another Powerhouse microgrid system for a gas development site in Queensland, Australia. The Powerhouse system, which is 100% renewable and emission-free, has proven to be reliable and cost-effective, with no unplanned maintenance call-outs over five years. This order signifies a broader acceptance and potential for expanded deployment of the Powerhouse technology, which offers significant growth opportunities for Synertec in both domestic and international markets. The system’s deployment is expected to contribute to Synertec’s revenue in Q4 FY26, under a Build, Own, Operate and Maintain model, providing price certainty and operational benefits to customers.
More about Synertec Corporation Limited
Synertec Corporation Ltd (ASX: SOP) is a technology design and development growth company focused on enabling a low carbon future through innovative technology solutions. The company commercializes scalable, environmentally friendly, and energy-efficient technology for global markets in energy, critical infrastructure, and advanced manufacturing. Synertec partners with a portfolio of blue-chip customers to participate in the transition to a low carbon economy.
Average Trading Volume: 235,151
Technical Sentiment Signal: Sell
Current Market Cap: A$14.02M
Learn more about SOP stock on TipRanks’ Stock Analysis page.