Author: sHq_LoGiNz

Fidelity Management & Research Company, Sumitomo Corporation of Americas, Pelican Energy Partners, Deerfield Management and Oaktree Capital Management participated in the Financing Round

JANESVILLE, Wis., Feb. 26, 2026 /PRNewswire/ — SHINE Technologies, a nuclear fusion company, today announced it has raised $240 million in equity funding, and appointed Dr. Patrick Soon-Shiong, M.D., Executive Chairman of ImmunityBio and founder of NantWorks, to its Board of Directors. The round was led by NantWorks with additional participation from Fidelity Management & Research Company, Sumitomo Corporation of Americas, Pelican Energy Partners, Deerfield Management, Oaktree Capital Management, and other existing investors.

The investment advances SHINE’s commercial fusion technology across its current portfolio of products and services – providing neutron testing that qualifies mission-critical components for defense and aerospace and supplying radioisotopes that power targeted cancer therapies and diagnostic imaging. The funding also marks the beginning of the company’s next stage of growth – developing technology to recycle used nuclear fuel and building toward commercial fusion energy production.

“Fusion energy is one of the most important technologies humanity will ever develop — it will forever change how we power our species, and is already having major impact across advanced manufacturing, healthcare and recycling,” said Greg Piefer, founder and CEO of SHINE. “Dr. Soon-Shiong is a visionary who has spent his career turning breakthrough science into products that have made the world better. We are honored to have him as a partner.”

Dr. Soon-Shiong is a physician scientist, serial entrepreneur, and multi-sector investor who has built and sold two major pharmaceutical companies, founded the NantWorks ecosystem spanning healthcare, technology, and media. He has developed a multitude of FDA-approved therapies that have reached patients globally. Across all of it, his research has returned to the same challenge: how to transform cancer care and harness the immune system, and reduce the toxicities of standard high dose chemo-radiation therapy. That conviction aligns directly with where oncology is heading. Lu-177-based therapies deliver targeted radiation precisely to cancer cells, and researchers are actively studying how combining that approach with immune activation could produce more durable patient outcomes.

“This partnership is about harnessing powerful science to serve humanity. SHINE’s leadership in fusion technology and Lu-177 production aligns with my lifelong mission to make cancer treatment more precise, targeted, and ultimately curative by activating the patient’s immune system. Lu-177 is currently approved as a radio ligand targeting prostate cancer cells and the opportunity to further expand this difficult to manufacture technology is exciting. I’m honored to join SHINE’s Board as we translate breakthrough science into real-world impact for patients and society,” said Dr. Patrick Soon-Shiong, Founder and Executive Chairman of NantWorks and ImmunityBio.

In connection with Soon-Shiong’s $150 million investment, NantWorks and SHINE have entered a strategic partnership that includes priority access arrangements for Lu-177 supply from SHINE, positioning both organizations to advance the next generation of targeted cancer treatment.

SHINE has now raised more than $1 billion in total funding, reflecting sustained investor confidence in its commercially-driven path to fusion energy.

About SHINE
Headquartered in Janesville, Wisconsin, SHINE is an industry leader in next-generation fusion, developing innovative fusion-based technology that combines safety, cost-efficiency and environmental responsibility.

SHINE has successfully commercialized fusion across multiple applications, including neutron testing markets such as neutron radiography, radiation-effects testing and fusion material research. It has commercialized and is scaling its proprietary medical isotope production and processes, supplying high-quality radioisotopes essential for procedures including diagnosing heart disease and cancer as well as cancer therapy.

SHINE currently operates one of the largest Lu-177 production facilities in North America, with capacity for up to 100,000 doses annually with the ability to scale to 200,000 doses per year. Ilumira has shipped to customers in 19 countries across four continents, achieving greater than 95% on-time, in-full delivery since its commercial launch in 2024.

Beyond these applications, SHINE is pioneering nuclear waste recycling to make nuclear energy more sustainable. Its long-term purpose is to change the way humans make energy by commercializing fusion energy. Unlike other fusion companies, SHINE takes a commercially driven path mirroring successful deep-tech industries. Through this visionary approach, SHINE is advancing technology, healthcare, and sustainable energy, making a lasting impact across multiple sectors.

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SOURCE SHINE Technologies, LLC

Fidelity Management & Research Company, Sumitomo Corporation of Americas, Pelican Energy Partners, Deerfield Management and Oaktree Capital Management participated in the Financing Round

JANESVILLE, Wis., Feb. 26, 2026 /PRNewswire/ — SHINE Technologies, a nuclear fusion company, today announced it has raised $240 million in equity funding, and appointed Dr. Patrick Soon-Shiong, M.D., Executive Chairman of ImmunityBio and founder of NantWorks, to its Board of Directors. The round was led by NantWorks with additional participation from Fidelity Management & Research Company, Sumitomo Corporation of Americas, Pelican Energy Partners, Deerfield Management, Oaktree Capital Management, and other existing investors.

The investment advances SHINE’s commercial fusion technology across its current portfolio of products and services – providing neutron testing that qualifies mission-critical components for defense and aerospace and supplying radioisotopes that power targeted cancer therapies and diagnostic imaging. The funding also marks the beginning of the company’s next stage of growth – developing technology to recycle used nuclear fuel and building toward commercial fusion energy production.

“Fusion energy is one of the most important technologies humanity will ever develop — it will forever change how we power our species, and is already having major impact across advanced manufacturing, healthcare and recycling,” said Greg Piefer, founder and CEO of SHINE. “Dr. Soon-Shiong is a visionary who has spent his career turning breakthrough science into products that have made the world better. We are honored to have him as a partner.”

Dr. Soon-Shiong is a physician scientist, serial entrepreneur, and multi-sector investor who has built and sold two major pharmaceutical companies, founded the NantWorks ecosystem spanning healthcare, technology, and media. He has developed a multitude of FDA-approved therapies that have reached patients globally. Across all of it, his research has returned to the same challenge: how to transform cancer care and harness the immune system, and reduce the toxicities of standard high dose chemo-radiation therapy. That conviction aligns directly with where oncology is heading. Lu-177-based therapies deliver targeted radiation precisely to cancer cells, and researchers are actively studying how combining that approach with immune activation could produce more durable patient outcomes.

“This partnership is about harnessing powerful science to serve humanity. SHINE’s leadership in fusion technology and Lu-177 production aligns with my lifelong mission to make cancer treatment more precise, targeted, and ultimately curative by activating the patient’s immune system. Lu-177 is currently approved as a radio ligand targeting prostate cancer cells and the opportunity to further expand this difficult to manufacture technology is exciting. I’m honored to join SHINE’s Board as we translate breakthrough science into real-world impact for patients and society,” said Dr. Patrick Soon-Shiong, Founder and Executive Chairman of NantWorks and ImmunityBio.

In connection with Soon-Shiong’s $150 million investment, NantWorks and SHINE have entered a strategic partnership that includes priority access arrangements for Lu-177 supply from SHINE, positioning both organizations to advance the next generation of targeted cancer treatment.

SHINE has now raised more than $1 billion in total funding, reflecting sustained investor confidence in its commercially-driven path to fusion energy.

About SHINE
Headquartered in Janesville, Wisconsin, SHINE is an industry leader in next-generation fusion, developing innovative fusion-based technology that combines safety, cost-efficiency and environmental responsibility.

SHINE has successfully commercialized fusion across multiple applications, including neutron testing markets such as neutron radiography, radiation-effects testing and fusion material research. It has commercialized and is scaling its proprietary medical isotope production and processes, supplying high-quality radioisotopes essential for procedures including diagnosing heart disease and cancer as well as cancer therapy.

SHINE currently operates one of the largest Lu-177 production facilities in North America, with capacity for up to 100,000 doses annually with the ability to scale to 200,000 doses per year. Ilumira has shipped to customers in 19 countries across four continents, achieving greater than 95% on-time, in-full delivery since its commercial launch in 2024.

Beyond these applications, SHINE is pioneering nuclear waste recycling to make nuclear energy more sustainable. Its long-term purpose is to change the way humans make energy by commercializing fusion energy. Unlike other fusion companies, SHINE takes a commercially driven path mirroring successful deep-tech industries. Through this visionary approach, SHINE is advancing technology, healthcare, and sustainable energy, making a lasting impact across multiple sectors.

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SOURCE SHINE Technologies, LLC

• CO₂e footprint reduced by 11.2% compared to the previous year – thanks to effective climate protection measures and lower Scope 3 emissions 
• 85.4% of measuring devices are radio-enabled – the basis for digital networking and greater energy efficiency in the building sector 
• Over 2,000 charging points installed – expansion to 5,000 by the end of 2027

ESCHBORN, Germany, Feb. 26, 2026 /PRNewswire/ — Techem, a leading global service provider for smart and sustainable building solutions, publishes its sixth sustainability report and shows significant progress in the areas of climate protection, digitalization, and circular economy. With the further development of the “One Digital Platform”, Techem is driving forward the digital transformation of the building sector and laying the foundation for greater energy efficiency and CO₂ reduction. 

Climate targets and CO₂e reduction

In fiscal year 2025, Techem’s total CO₂e footprint amounted to around 221,407 tons -11.2% less than in the previous year. This progress is primarily due to lower Scope 3 emissions. Compared to the base year 2020, this corresponds to a reduction of 27%. This underscores the effectiveness of the climate protection measures that have been introduced and shows that Techem is ambitiously pursuing its decarbonization plan.

The company is not only working to reduce its own CO₂e footprint but is also actively supporting the building sector in its decarbonization efforts through a range of products and services. These include continuous monitoring for greater transparency, optimization of heating system operation, and implementation of decarbonized heat supply in existing buildings. “The energy transition will only succeed if we consistently combine digitalization and sustainability. Together, these two factors are the key to making decarbonization in existing buildings measurable, scalable, and effective. We are taking responsibility by expanding digital infrastructures: thanks to 85.4% of our measuring devices already being wireless, we are creating data-based transparency, making sustainability controllable, and enabling real progress in the building sector,” explains Matthias Hartmann, CEO of Techem. By consistently implementing its sustainability strategy, Techem combines ecological responsibility with economic success and specifically strengthens the company’s efficiency, resilience, and competitiveness.

E-mobility and charging infrastructure

With its charging infrastructure solutions, Techem is focusing on the expansion of a comprehensive infrastructure for electric vehicles. By the end of the 2025 financial year, 2,013 charging points had already been installed, with more than 5,000 planned by the end of 2027, all of which will be supplied with green electricity. One milestone is the contract award for the charging infrastructure initiative of the Building and Real Estate Management Authority of North Rhine-Westphalia (BLB NRW), which plans to install up to 2,000 charging points. At the same time, Techem is electrifying its own vehicle fleet in Germany, but also in its individual national companies. By the end of 2030, 25.0% of the international passenger car fleet is to be powered by CO₂e-neutral drives. The baseline value in fiscal year 2022 was 5.1%. Overall, more than 15% of all international vehicles are currently completely electric. In Germany, 50.4% of the passenger car fleet is already CO₂-neutral, an increase of 20.5% over the previous year.

Circular economy: New Re-Use Center

With the establishment of the Re-Use Center, Techem is strengthening resource efficiency in line with circular economy. A three-stage process ensures that devices and components are reused, returned to the manufacturer, and professionally reconditioned or recycled in the spot. During recycling, non-reusable devices can be broken down into their basic materials, allowing up to 98% of the materials to be returned to industrial cycles.

Ratings and awards confirm strong sustainability performance

Techem has been awarded an “AA” ESG rating by MSCI, making it one of the leading companies in the field of environmental, social, and responsible corporate governance. Within the “Professional Services” sector, Techem exceeds the industry average in four key categories: Carbon Emissions, Human Capital Development, Privacy & Data Security, and Corporate Behavior. In addition, Techem was awarded the prestigious ESG Transparency Award by the EUPD Group for its 2024 sustainability report, achieving the highest rating of “Excellence” and the status of “Leading Company.” 

Sustainability reporting is voluntary and in accordance with the standards of the Global Reporting Initiative (GRI) and in preparation for the European Sustainability Reporting Standards (ESRS). Techem also follows the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and has conducted an investigation of climate-related risks and opportunities in accordance with these recommendations. The full report can be viewed here. The sustainability report is available in German and English.

About Techem

Techem is a leading service provider for smart and sustainable buildings. The company’s services cover the topics of energy management and resource conservation, healthy living and process efficiency in properties. Founded in 1952, Techem is now active in 18 countries with over 4,300 employees and services more than 13,5 million dwellings. Techem offers efficiency improvements along the entire value chain of heat and water in real estate and regenerative supply concepts and solutions. As the market leader in remote radio detection of energy consumption in homes, Techem continues to drive networking and digital processes in real estate. Modern multi sensor devices, radio smoke detectors with remote inspection, metering point operation, charging infrastructure for electromobility and services related to improving drinking water quality in properties complement the solution portfolio for the housing as well as the commercial real estate industry. Further information can be found at https://www.techem.com or follow us on LinkedIn. 

PR Contact:
Janina Schmidt
Head of Corporate Communications                           
Techem Energy Services GmbH
Telefon: +49 (0) 174 / 744-4137
E-Mail: janina.schmidt@techem.de 

Photo – https://mma.prnewswire.com/media/2920538/Techem_Sustainability_Report_2025.jpg
Logo – https://mma.prnewswire.com/media/2871900/5740634/Techem_GmbH_Logo.jpg

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SOURCE Techem GmbH

GOTHENBURG, Sweden, Feb. 26, 2026 /PRNewswire/ — CEO Dr Martin Edlund: “A year of global brand and technology exposure and grid-connected electricity production with commercial-scale powerplant”

Significant events October-December 2025

On 28 October, Minesto announced the outcome of the company’s rights issue of up to 82,364,595 shares. 33,436,356 shares, corresponding to approximately 40.6 percent of the Rights Issue, had been subscribed for with the support of subscription rights. Additionally, applications for subscription of 575,828 shares, corresponding to approximately 0.7 percent of the Rights Issue, had been received for subscription of shares without the support of subscription rights. In aggregate, the subscriptions with the support of subscription rights and the applications for subscription without the support of subscription rights correspond to approximately 41.3 percent of the Rights Issue. Hence, guarantee commitments of 19,501,329 shares, corresponding to approximately 23.7 percent of the Rights Issue, will be utilized. The Rights Issue provides the company with proceeds of approximately SEK 99.0 million before deduction of costs related to the Rights Issue.

On 30 October, Git Sturesjö Adolfsson resigned as a member of the Company’s Board. Deputy Board Member Andreas Gunnarsson assumed her position.

The Board of Directors resolved to allow Fenja Capital to set off its outstanding loan claims, including accrued interest, totalling approximately SEK 22.2 million as payment for part of the shares that Fenja Capital has been allocated and subscribed for in the Rights Issue.

On 8 October, Minesto invited investors and the public with an interest in technology and energy systems to a unique opportunity to experience firsthand the tidal energy kite Dragon 4 “Íðunn” as she was brought home for a break from production duty at the company’s demonstration site in the North Atlantic where it produces electricity to the Faroe Islands grid. The event attracted around 150 guests.

In October, Minesto was part of a high-level Swedish delegation to South Korea aiming to explore new partnerships and strengthen bilateral collaboration in the green transition. The delegation was led by HRH Crown Princess of Sweden and supported by Swedish minister for Foreign Affairs and Swedish minister for Infrastructure and Housing. The delegation was part of Focus Asia – Sweden’s strategy for trade and investment in the region. Extensive tidal and ocean current resources make South Korea a highly attractive market for Minesto.

In November, Minesto participated in high-level Swedish business delegation to Canada in connection with the royal couple’s state visit. The delegation, led by the Swedish Minister for Energy and Business and Minister for Defence, aimed to strengthen Swedish-Canadian relations and promote innovation with focus on AI, defence & security and electrification. Significant ocean resources with tidal streams and political support for ocean energy make Canada a highly attractive market for Minesto.

Minesto was selected to be part of InnoEnergy’s annual industry event The Business Booster, this year in Lisbon in October. InnoEnergy, initiated by the European Institute of Innovation and Technology (EIT), is Europe’s investment company at the forefront of clean energy transition and Minesto was invited as one of the industrial scale-ups driving Europe’s energy transition.

Minesto announced that incentive programme LTI 2021 was completed, LTI 2025 will commence and that major shareholder, the CEO and other senior executives have increased their shareholdings.

The Company’s Board of Directors dismissed a claim for damages directed against them from the former major shareholder BGA Invest AB as unfounded. The claim for damages is allegedly based on the Board of Directors’ resolution to allot shares to BGA in the Company’s rights issue carried out during autumn 2025.

After the end of the period

In January, Minesto was selected for in-depth investment advisory support by the European Investment Bank (EIB) under the PDA (Project Development Assistance) programme.  The program offers extensive free of charge financial advisory support to a few carefully selected investment opportunities within the renewable energy sector in the EU. The Minesto investment case chosen for the programme is a 10MW Dragon Farm (tidal energy array) located at a new targeted site within EU waters. The EIB advisory support focus’s on increasing the financial attractiveness and overall quality of the investment offer, aiming to raise 25 M EUR in capital.

Minesto was awarded 24,000 EUR grant funding from the Swedish Energy Agency (SEA) through the Global Innovation Accelerator (GIA) programme, aiming to accelerate the company’s market development in Taiwan. As part of the programme, Minesto officially took part in the high-level Nordic-Taiwan Sustainable Energy Forum, held in Taipei in December. 

Minesto initiated collaboration with expert ocean energy site developer Haf-Afl for the Icelandic market. Minesto continues to follow through with a market entry strategy based on collaboration with strong local site development and project investment partners. With the signing of a new partnership agreement (MOU) with ocean energy site developer Haf-Afl, the Icelandic market is added to Minesto’s range of markets actively pursued.

The Group in summary

1 July-31 December 2025

Total operating income for the period amounted to SEK 14,843 thousand (19,486) and mainly included capitalised development work. Net sales amounted to 0 (0).

Operating loss for the period amounted to SEK  -14,843 thousand ( -14,076). The negative result is largely attributable to business development and administration related to technology development. Of the personnel costs, SEK 10,737 thousand (12,184) has been capitalised as development work.

At the end of the period, intangible assets amounted to SEK 574,424 thousand (544,924), of which capitalised development costs amounted to SEK 556,236 thousand (527,708) and capitalised patent expenses amounted to SEK 18,188 thousand (17,217).

During the period, payments of SEK 5,144 thousand (176) were received from public funding schemes, of which SEK 0 thousand (176) is approved claims and the remaining part is advance payments. Grants of SEK 2,190 thousand ( 686) were accounted for of which SEK 2,170 thousand ( 694) has reduced the acquisition value of the capitalised development costs.

Cash flow amounted to SEK 37,426 thousand ( -41,234). At the end of the period, cash and cash equivalents amounted to SEK 67,573 thousand (34,890).

At the end of the period, equity amounted to SEK 630,357 thousand (568,649) divided into 260,081,036 shares (194,116,040), of which net loss for the period amounted to SEK  -14,865 thousand ( -12,961).

1 January-31 December 2025

Total operating income in the end of the financial year amounted to SEK 27,077 thousand (33,035) and mainly included capitalised development work. Net sales amounted to SEK 0 thousand (75).

Operating loss, at the end of the financial year, amounted to SEK  -34,659 thousand ( -37,345). The negative result is largely attributable to business development and administration related to technology development. Of the personnel costs, SEK 22,969 thousand (25,636) has been capitalised as development work.

At the end of the financial year, intangible assets amounted to SEK 574,424 thousand (492,928), of which capitalised development costs amounted to SEK 556,236 thousand (527,708) and capitalised patent expenses amounted to SEK 18,188 thousand (17,217).

During the financial year, payments of SEK 5,198 thousand (27,803) were received from public funding schemes, of which SEK 54 thousand (26,474) is approved claims and the remaining part is advance payments. Grants of SEK 2,913 thousand (1,100) were accounted for, of which SEK 2,893 thousand (1,100) has reduced the acquisition value of the capitalised development costs.

Cash flow amounted to SEK 33,006 thousand (19,436). At the end of the period, cash and cash equivalents amounted to SEK 67,573 thousand (34,890).

At the end of the financial year, equity amounted to SEK 630,357 thousand (568,649) divided into 260,071,036 shares (194,116,040), of which net loss for the year amounted to SEK  -36,635 thousand ( -36,104).

Year-End Report t is available to download at Minesto’s website:

Minesto | Investor information

CEO comment:

A year of global brand and technology exposure and grid-connected electricity production with commercial-scale powerplant

2025 was the year we showed our technology to the world with the largest communication campaign ever for an Ocean Energy Technology, together with our strategic partner SKF. The Faroe Islands Space Program has so far resulted in more than 500 million exposures. We also promoted our unique Dragon Technology at the World Exhibition in Japan, at high-level Swedish state visits to South-Korea and Canada. Showcasing our Dragon 4 unit in Göteborg created interest from to Philippine and Indonesian key stakeholders. This year’s external communication is arguably the broadest brand and product exposure ever for a novel renewable energy technology. We are overwhelmed by the level of enthusiasm and number of commercial inquiries into our Dragons derived from this exposure. Invitations to tender, requests for feasibility assessment of new sites and engagement with new local site-development partners are at record levels. Our main task is now to turn these opportunities into business.

In order to manage the commercial roll-out, we have reshaped the Minesto team to deliver on this number one priority to reach solid commercial deals and broaden the range of infrastructure projects, both in our priority market Faroe Islands and in additional 16 follow-on geographic markets (still counting). This creates short term opportunities for sales of site development services and step in installation projects as well as outlining a medium/long term project pipeline. The now existing Dragon farm project pipeline strongly motivates the substantial global market and scaleup into Gigawatt deployment volumes.

During 2025, we have tested our megawatt power plant Dragon 12 extensively. The megawatt machine has provided valuable production and operational data, proved robustness and stability beyond commercial service intervals. We now choose to limit electricity production with the Dragon 12 due to reduced access to cost effective marine operational resources (our local installation vessel is undergoing service). In parallel, we are preparing together with our partners and the local utility Sev, for production into the new microgrid set-up at Vestmanna by upgrades onshore and at the seabed. We have formed a consortia to offer microgrids, with initial joint investments of 56 MSEK to install and demonstrate a complete microgrid with battery storage that is “market ready”.

We have also advanced our understanding of “the value of tidal in the grid mix” by developing an in-house power systems analysis model and applying it on the Faroe Island energy system. Our initial conclusions from this work is very promising in favour of tidal energy from Minesto dragons:

• We create an energy mix where tidal energy production from different geographic locations feeds base-load energy into the grid.
• We deliver a cost effective 100-percent renewable energy system with minimum storage needs and build out of over capacity.

This work gives us a hands-on sales tool that provides in-depth understanding of how our Minesto Dragons can be implemented in an energy system to provide renewable base-load energy to deliver an affordable and feasible energy transition in the many global markets with a tidal energy resource.

The geopolitical market context is changing with more limited verbal support from leading politicians on sustainability. However, the energy transition is happening at a faster pace than ever in terms of megawatts installed and investments committed. No political hesitation will stop this transition, since it is driven by commercial logic and creation of clear customer value. The most significant shift in priority on energy policy is related to increased focus on security of supply. This is an additional strong argument for relying on tidal energy from our Dragons. Moving away from fossil imports from politically unstable countries into geographically distributed ocean renewable energy based on local operations is most helpful. Minesto Dragon farms that are distributed in-shore and hidden from view in the water column are among the strongest options available to deliver real security of supply.

We impatiently push forward to deliver Dragon-generated tidal energy to the world.

/Dr. Martin Edlund, CEO

Contact
Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/minesto-ab/r/minesto-publishes-year-end-report-2025,c4313276

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SOURCE Minesto AB

GOTHENBURG, Sweden, Feb. 26, 2026 /PRNewswire/ — CEO Dr Martin Edlund: “A year of global brand and technology exposure and grid-connected electricity production with commercial-scale powerplant”

Significant events October-December 2025

On 28 October, Minesto announced the outcome of the company’s rights issue of up to 82,364,595 shares. 33,436,356 shares, corresponding to approximately 40.6 percent of the Rights Issue, had been subscribed for with the support of subscription rights. Additionally, applications for subscription of 575,828 shares, corresponding to approximately 0.7 percent of the Rights Issue, had been received for subscription of shares without the support of subscription rights. In aggregate, the subscriptions with the support of subscription rights and the applications for subscription without the support of subscription rights correspond to approximately 41.3 percent of the Rights Issue. Hence, guarantee commitments of 19,501,329 shares, corresponding to approximately 23.7 percent of the Rights Issue, will be utilized. The Rights Issue provides the company with proceeds of approximately SEK 99.0 million before deduction of costs related to the Rights Issue.

On 30 October, Git Sturesjö Adolfsson resigned as a member of the Company’s Board. Deputy Board Member Andreas Gunnarsson assumed her position.

The Board of Directors resolved to allow Fenja Capital to set off its outstanding loan claims, including accrued interest, totalling approximately SEK 22.2 million as payment for part of the shares that Fenja Capital has been allocated and subscribed for in the Rights Issue.

On 8 October, Minesto invited investors and the public with an interest in technology and energy systems to a unique opportunity to experience firsthand the tidal energy kite Dragon 4 “Íðunn” as she was brought home for a break from production duty at the company’s demonstration site in the North Atlantic where it produces electricity to the Faroe Islands grid. The event attracted around 150 guests.

In October, Minesto was part of a high-level Swedish delegation to South Korea aiming to explore new partnerships and strengthen bilateral collaboration in the green transition. The delegation was led by HRH Crown Princess of Sweden and supported by Swedish minister for Foreign Affairs and Swedish minister for Infrastructure and Housing. The delegation was part of Focus Asia – Sweden’s strategy for trade and investment in the region. Extensive tidal and ocean current resources make South Korea a highly attractive market for Minesto.

In November, Minesto participated in high-level Swedish business delegation to Canada in connection with the royal couple’s state visit. The delegation, led by the Swedish Minister for Energy and Business and Minister for Defence, aimed to strengthen Swedish-Canadian relations and promote innovation with focus on AI, defence & security and electrification. Significant ocean resources with tidal streams and political support for ocean energy make Canada a highly attractive market for Minesto.

Minesto was selected to be part of InnoEnergy’s annual industry event The Business Booster, this year in Lisbon in October. InnoEnergy, initiated by the European Institute of Innovation and Technology (EIT), is Europe’s investment company at the forefront of clean energy transition and Minesto was invited as one of the industrial scale-ups driving Europe’s energy transition.

Minesto announced that incentive programme LTI 2021 was completed, LTI 2025 will commence and that major shareholder, the CEO and other senior executives have increased their shareholdings.

The Company’s Board of Directors dismissed a claim for damages directed against them from the former major shareholder BGA Invest AB as unfounded. The claim for damages is allegedly based on the Board of Directors’ resolution to allot shares to BGA in the Company’s rights issue carried out during autumn 2025.

After the end of the period

In January, Minesto was selected for in-depth investment advisory support by the European Investment Bank (EIB) under the PDA (Project Development Assistance) programme.  The program offers extensive free of charge financial advisory support to a few carefully selected investment opportunities within the renewable energy sector in the EU. The Minesto investment case chosen for the programme is a 10MW Dragon Farm (tidal energy array) located at a new targeted site within EU waters. The EIB advisory support focus’s on increasing the financial attractiveness and overall quality of the investment offer, aiming to raise 25 M EUR in capital.

Minesto was awarded 24,000 EUR grant funding from the Swedish Energy Agency (SEA) through the Global Innovation Accelerator (GIA) programme, aiming to accelerate the company’s market development in Taiwan. As part of the programme, Minesto officially took part in the high-level Nordic-Taiwan Sustainable Energy Forum, held in Taipei in December. 

Minesto initiated collaboration with expert ocean energy site developer Haf-Afl for the Icelandic market. Minesto continues to follow through with a market entry strategy based on collaboration with strong local site development and project investment partners. With the signing of a new partnership agreement (MOU) with ocean energy site developer Haf-Afl, the Icelandic market is added to Minesto’s range of markets actively pursued.

The Group in summary

1 July-31 December 2025

Total operating income for the period amounted to SEK 14,843 thousand (19,486) and mainly included capitalised development work. Net sales amounted to 0 (0).

Operating loss for the period amounted to SEK  -14,843 thousand ( -14,076). The negative result is largely attributable to business development and administration related to technology development. Of the personnel costs, SEK 10,737 thousand (12,184) has been capitalised as development work.

At the end of the period, intangible assets amounted to SEK 574,424 thousand (544,924), of which capitalised development costs amounted to SEK 556,236 thousand (527,708) and capitalised patent expenses amounted to SEK 18,188 thousand (17,217).

During the period, payments of SEK 5,144 thousand (176) were received from public funding schemes, of which SEK 0 thousand (176) is approved claims and the remaining part is advance payments. Grants of SEK 2,190 thousand ( 686) were accounted for of which SEK 2,170 thousand ( 694) has reduced the acquisition value of the capitalised development costs.

Cash flow amounted to SEK 37,426 thousand ( -41,234). At the end of the period, cash and cash equivalents amounted to SEK 67,573 thousand (34,890).

At the end of the period, equity amounted to SEK 630,357 thousand (568,649) divided into 260,081,036 shares (194,116,040), of which net loss for the period amounted to SEK  -14,865 thousand ( -12,961).

1 January-31 December 2025

Total operating income in the end of the financial year amounted to SEK 27,077 thousand (33,035) and mainly included capitalised development work. Net sales amounted to SEK 0 thousand (75).

Operating loss, at the end of the financial year, amounted to SEK  -34,659 thousand ( -37,345). The negative result is largely attributable to business development and administration related to technology development. Of the personnel costs, SEK 22,969 thousand (25,636) has been capitalised as development work.

At the end of the financial year, intangible assets amounted to SEK 574,424 thousand (492,928), of which capitalised development costs amounted to SEK 556,236 thousand (527,708) and capitalised patent expenses amounted to SEK 18,188 thousand (17,217).

During the financial year, payments of SEK 5,198 thousand (27,803) were received from public funding schemes, of which SEK 54 thousand (26,474) is approved claims and the remaining part is advance payments. Grants of SEK 2,913 thousand (1,100) were accounted for, of which SEK 2,893 thousand (1,100) has reduced the acquisition value of the capitalised development costs.

Cash flow amounted to SEK 33,006 thousand (19,436). At the end of the period, cash and cash equivalents amounted to SEK 67,573 thousand (34,890).

At the end of the financial year, equity amounted to SEK 630,357 thousand (568,649) divided into 260,071,036 shares (194,116,040), of which net loss for the year amounted to SEK  -36,635 thousand ( -36,104).

Year-End Report t is available to download at Minesto’s website:

Minesto | Investor information

CEO comment:

A year of global brand and technology exposure and grid-connected electricity production with commercial-scale powerplant

2025 was the year we showed our technology to the world with the largest communication campaign ever for an Ocean Energy Technology, together with our strategic partner SKF. The Faroe Islands Space Program has so far resulted in more than 500 million exposures. We also promoted our unique Dragon Technology at the World Exhibition in Japan, at high-level Swedish state visits to South-Korea and Canada. Showcasing our Dragon 4 unit in Göteborg created interest from to Philippine and Indonesian key stakeholders. This year’s external communication is arguably the broadest brand and product exposure ever for a novel renewable energy technology. We are overwhelmed by the level of enthusiasm and number of commercial inquiries into our Dragons derived from this exposure. Invitations to tender, requests for feasibility assessment of new sites and engagement with new local site-development partners are at record levels. Our main task is now to turn these opportunities into business.

In order to manage the commercial roll-out, we have reshaped the Minesto team to deliver on this number one priority to reach solid commercial deals and broaden the range of infrastructure projects, both in our priority market Faroe Islands and in additional 16 follow-on geographic markets (still counting). This creates short term opportunities for sales of site development services and step in installation projects as well as outlining a medium/long term project pipeline. The now existing Dragon farm project pipeline strongly motivates the substantial global market and scaleup into Gigawatt deployment volumes.

During 2025, we have tested our megawatt power plant Dragon 12 extensively. The megawatt machine has provided valuable production and operational data, proved robustness and stability beyond commercial service intervals. We now choose to limit electricity production with the Dragon 12 due to reduced access to cost effective marine operational resources (our local installation vessel is undergoing service). In parallel, we are preparing together with our partners and the local utility Sev, for production into the new microgrid set-up at Vestmanna by upgrades onshore and at the seabed. We have formed a consortia to offer microgrids, with initial joint investments of 56 MSEK to install and demonstrate a complete microgrid with battery storage that is “market ready”.

We have also advanced our understanding of “the value of tidal in the grid mix” by developing an in-house power systems analysis model and applying it on the Faroe Island energy system. Our initial conclusions from this work is very promising in favour of tidal energy from Minesto dragons:

• We create an energy mix where tidal energy production from different geographic locations feeds base-load energy into the grid.
• We deliver a cost effective 100-percent renewable energy system with minimum storage needs and build out of over capacity.

This work gives us a hands-on sales tool that provides in-depth understanding of how our Minesto Dragons can be implemented in an energy system to provide renewable base-load energy to deliver an affordable and feasible energy transition in the many global markets with a tidal energy resource.

The geopolitical market context is changing with more limited verbal support from leading politicians on sustainability. However, the energy transition is happening at a faster pace than ever in terms of megawatts installed and investments committed. No political hesitation will stop this transition, since it is driven by commercial logic and creation of clear customer value. The most significant shift in priority on energy policy is related to increased focus on security of supply. This is an additional strong argument for relying on tidal energy from our Dragons. Moving away from fossil imports from politically unstable countries into geographically distributed ocean renewable energy based on local operations is most helpful. Minesto Dragon farms that are distributed in-shore and hidden from view in the water column are among the strongest options available to deliver real security of supply.

We impatiently push forward to deliver Dragon-generated tidal energy to the world.

/Dr. Martin Edlund, CEO

Contact
Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com 

This information was brought to you by Cision http://news.cision.com

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SOURCE Minesto AB

The transition toward decentralized energy systems is supported by advances in microgrid technology and energy storage, which is accelerating the adoption of distributed generation. The integration of renewable sources such as solar and wind, alongside smart grid technologies, is strengthening grid resilience and advancing energy independence. Meanwhile, innovations in energy management platforms and the emergence of prosumers are enabling consumers to actively generate, manage, and optimize their energy use. As regulatory frameworks continue to evolve, the distributed energy generation market is positioned for sustained growth and ongoing innovation.

PORTLAND, Ore., Feb. 26, 2026 /PRNewswire/ — The global distributed energy generation market was valued at $360.4 billion in 2023 and is projected to reach $1,403.5 billion by 2033, growing at a CAGR of 14.6% from 2024 to 2033.

Why is Demand Increasing in The Distributed Energy Generation Market?

Demand in the distributed energy generation market is rising as businesses, governments, and consumers seek more resilient, cost-effective, and sustainable energy solutions. Increasing electricity prices and volatility in fuel markets are encouraging organizations to generate power closer to where it is consumed, reducing transmission losses and lowering long-term operating costs. At the same time, concerns about grid reliability, which are driven by extreme weather events, aging infrastructure, and rising peak demand, are encouraging investment in localized systems that can operate independently during outages.

Corporate sustainability goals and national decarbonization targets are also accelerating adoption. Companies are turning to on-site solar, wind, and energy storage to reduce carbon footprints and meet environmental commitments. Technological advancements have made renewable systems more efficient and affordable, while digital energy management platforms enable real-time monitoring and optimization. Supportive policies, tax incentives, and net-metering programs further enhance financial viability. Additionally, the growing role of prosumers—consumers who both produce and use energy—is reshaping market dynamics and expanding participation, driving sustained demand across residential, commercial, and industrial sectors.

Request Free Sample Pages:

https://www.alliedmarketresearch.com/request-sample/A13784

Segments Overview

The distributed energy generation market report is segmented on the basis of technology, end-use industry, and region. By technology, the distributed energy generation market is segmented into micro-turbines, combustion turbines, micro-hydropower, reciprocating engines, fuel cells, wind turbines, solar PV, and others. By end-use industry, the market is divided into residential, commercial, and industrial. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Which Segment Holds the Largest Market Share and Why?

The solar photovoltaic (PV) segment holds the largest share of the distributed energy generation market. Its dominance is primarily driven by declining installation costs, scalable system design, and widespread policy support. Over the past decade, advancements in panel efficiency, manufacturing processes, and supply chain optimization have significantly reduced the levelized cost of electricity from solar PV, making it one of the most economically attractive distributed energy options.

Solar systems are highly adaptable, serving residential rooftops, commercial buildings, and industrial facilities with minimal site constraints compared to other technologies. Their modular nature allows for flexible capacity expansion based on demand, which appeals to both small consumers and large enterprises. Additionally, supportive regulatory mechanisms such as net metering, tax incentives, and feed-in tariffs have accelerated adoption in many regions.

Growing environmental awareness and corporate sustainability commitments further reinforce solar PV’s leading position. When combined with battery storage and smart energy management systems, solar installations provide greater energy independence and resilience. These advantages collectively position solar PV as the largest and most widely adopted segment in the distributed generation landscape.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A13784

Which Region Dominates the Global Market and What Drives Its Leadership?

The Asia–Pacific region dominates the global distributed energy generation market, driven by rapid urbanization, strong manufacturing capacity, and supportive government policies. Countries such as China, Japan, India, and Australia have made substantial investments in renewable energy infrastructure and decentralized power systems. China leads in solar panel manufacturing and deployment, benefiting from economies of scale and state-backed incentives. Japan has advanced microgrid development to enhance energy security, while India is expanding rooftop solar adoption through ambitious national programs. Australia’s high residential solar penetration further strengthens regional growth.

Rising electricity demand, grid modernization initiatives, and increasing concerns over energy security also contribute to the region’s leadership. Many Asia–Pacific economies face grid congestion and reliability challenges, encouraging localized generation solutions. In addition, favorable regulatory frameworks, subsidies, and renewable energy targets continue to stimulate investment. The combination of large population bases, industrial expansion, technological innovation, and proactive policy support positions Asia–Pacific as the leading force in the global distributed energy generation market.

How Are AI, Automation, or Advanced Analytics Enhancing Efficiency and Outcomes?

Artificial intelligence (AI), automation, and advanced analytics are transforming distributed energy generation by improving operational efficiency, reliability, and cost performance. AI-powered forecasting tools analyze weather patterns, historical consumption data, and market signals to accurately predict energy demand and renewable output. This enables better scheduling of distributed resources such as solar panels, wind turbines, and battery storage systems, reducing energy waste and balancing supply with demand.

Automation enhances real-time grid management by detecting faults, isolating disruptions, and optimizing load distribution without manual intervention. Smart inverters and automated control systems can instantly adjust voltage and frequency, maintaining grid stability even with variable renewable inputs. Advanced analytics platforms process large volumes of data from IoT-enabled devices, providing actionable insights into asset health, performance trends, and maintenance needs. Predictive maintenance reduces downtime and extends equipment lifespan, lowering operational costs.

Additionally, AI-driven energy management systems empower prosumers to optimize self-consumption, participate in demand response programs, and trade surplus power more efficiently. By integrating distributed resources into virtual power plants, these technologies maximize asset utilization and enhance overall grid resilience, ultimately delivering more reliable, sustainable, and economically viable energy solutions.

Buy this Complete Report (229 Pages PDF with Insights, Charts, Tables, and Figures) at:

https://www.alliedmarketresearch.com/distributed-energy-generation-market/purchase-options

Key Market Players:-

• Siemens
• General Electric
• Mitsubishi
• Schneider
• Caterpillar Power Plants
• Doosan Fuel Cell America
• Vestas Wind Systems A/S
• Rolls-Royce Power Systems AG
• Toyota Turbine and Systems Inc.
• Capstone Turbine Corporation

The report provides a detailed analysis of these key players in the distributed energy generation market. These players have adopted different strategies such as expansion, product launch, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.   

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com 

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View original content:https://www.prnewswire.com/news-releases/distributed-energy-generation-market-expected-to-reach-usd-1-403-5-billion-by-2033–at-cagr-of-14-6-says-allied-market-research-302698030.html

SOURCE Allied Market Research

The transition toward decentralized energy systems is supported by advances in microgrid technology and energy storage, which is accelerating the adoption of distributed generation. The integration of renewable sources such as solar and wind, alongside smart grid technologies, is strengthening grid resilience and advancing energy independence. Meanwhile, innovations in energy management platforms and the emergence of prosumers are enabling consumers to actively generate, manage, and optimize their energy use. As regulatory frameworks continue to evolve, the distributed energy generation market is positioned for sustained growth and ongoing innovation.

PORTLAND, Ore., Feb. 26, 2026 /PRNewswire/ — The global distributed energy generation market was valued at $360.4 billion in 2023 and is projected to reach $1,403.5 billion by 2033, growing at a CAGR of 14.6% from 2024 to 2033.

Why is Demand Increasing in The Distributed Energy Generation Market?

Demand in the distributed energy generation market is rising as businesses, governments, and consumers seek more resilient, cost-effective, and sustainable energy solutions. Increasing electricity prices and volatility in fuel markets are encouraging organizations to generate power closer to where it is consumed, reducing transmission losses and lowering long-term operating costs. At the same time, concerns about grid reliability, which are driven by extreme weather events, aging infrastructure, and rising peak demand, are encouraging investment in localized systems that can operate independently during outages.

Corporate sustainability goals and national decarbonization targets are also accelerating adoption. Companies are turning to on-site solar, wind, and energy storage to reduce carbon footprints and meet environmental commitments. Technological advancements have made renewable systems more efficient and affordable, while digital energy management platforms enable real-time monitoring and optimization. Supportive policies, tax incentives, and net-metering programs further enhance financial viability. Additionally, the growing role of prosumers—consumers who both produce and use energy—is reshaping market dynamics and expanding participation, driving sustained demand across residential, commercial, and industrial sectors.

Request Free Sample Pages:

https://www.alliedmarketresearch.com/request-sample/A13784

Segments Overview

The distributed energy generation market report is segmented on the basis of technology, end-use industry, and region. By technology, the distributed energy generation market is segmented into micro-turbines, combustion turbines, micro-hydropower, reciprocating engines, fuel cells, wind turbines, solar PV, and others. By end-use industry, the market is divided into residential, commercial, and industrial. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Which Segment Holds the Largest Market Share and Why?

The solar photovoltaic (PV) segment holds the largest share of the distributed energy generation market. Its dominance is primarily driven by declining installation costs, scalable system design, and widespread policy support. Over the past decade, advancements in panel efficiency, manufacturing processes, and supply chain optimization have significantly reduced the levelized cost of electricity from solar PV, making it one of the most economically attractive distributed energy options.

Solar systems are highly adaptable, serving residential rooftops, commercial buildings, and industrial facilities with minimal site constraints compared to other technologies. Their modular nature allows for flexible capacity expansion based on demand, which appeals to both small consumers and large enterprises. Additionally, supportive regulatory mechanisms such as net metering, tax incentives, and feed-in tariffs have accelerated adoption in many regions.

Growing environmental awareness and corporate sustainability commitments further reinforce solar PV’s leading position. When combined with battery storage and smart energy management systems, solar installations provide greater energy independence and resilience. These advantages collectively position solar PV as the largest and most widely adopted segment in the distributed generation landscape.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A13784

Which Region Dominates the Global Market and What Drives Its Leadership?

The Asia–Pacific region dominates the global distributed energy generation market, driven by rapid urbanization, strong manufacturing capacity, and supportive government policies. Countries such as China, Japan, India, and Australia have made substantial investments in renewable energy infrastructure and decentralized power systems. China leads in solar panel manufacturing and deployment, benefiting from economies of scale and state-backed incentives. Japan has advanced microgrid development to enhance energy security, while India is expanding rooftop solar adoption through ambitious national programs. Australia’s high residential solar penetration further strengthens regional growth.

Rising electricity demand, grid modernization initiatives, and increasing concerns over energy security also contribute to the region’s leadership. Many Asia–Pacific economies face grid congestion and reliability challenges, encouraging localized generation solutions. In addition, favorable regulatory frameworks, subsidies, and renewable energy targets continue to stimulate investment. The combination of large population bases, industrial expansion, technological innovation, and proactive policy support positions Asia–Pacific as the leading force in the global distributed energy generation market.

How Are AI, Automation, or Advanced Analytics Enhancing Efficiency and Outcomes?

Artificial intelligence (AI), automation, and advanced analytics are transforming distributed energy generation by improving operational efficiency, reliability, and cost performance. AI-powered forecasting tools analyze weather patterns, historical consumption data, and market signals to accurately predict energy demand and renewable output. This enables better scheduling of distributed resources such as solar panels, wind turbines, and battery storage systems, reducing energy waste and balancing supply with demand.

Automation enhances real-time grid management by detecting faults, isolating disruptions, and optimizing load distribution without manual intervention. Smart inverters and automated control systems can instantly adjust voltage and frequency, maintaining grid stability even with variable renewable inputs. Advanced analytics platforms process large volumes of data from IoT-enabled devices, providing actionable insights into asset health, performance trends, and maintenance needs. Predictive maintenance reduces downtime and extends equipment lifespan, lowering operational costs.

Additionally, AI-driven energy management systems empower prosumers to optimize self-consumption, participate in demand response programs, and trade surplus power more efficiently. By integrating distributed resources into virtual power plants, these technologies maximize asset utilization and enhance overall grid resilience, ultimately delivering more reliable, sustainable, and economically viable energy solutions.

Buy this Complete Report (229 Pages PDF with Insights, Charts, Tables, and Figures) at:

https://www.alliedmarketresearch.com/distributed-energy-generation-market/purchase-options

Key Market Players:-

• Siemens
• General Electric
• Mitsubishi
• Schneider
• Caterpillar Power Plants
• Doosan Fuel Cell America
• Vestas Wind Systems A/S
• Rolls-Royce Power Systems AG
• Toyota Turbine and Systems Inc.
• Capstone Turbine Corporation

The report provides a detailed analysis of these key players in the distributed energy generation market. These players have adopted different strategies such as expansion, product launch, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.   

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com 

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/distributed-energy-generation-market-expected-to-reach-usd-1-403-5-billion-by-2033–at-cagr-of-14-6-says-allied-market-research-302698030.html

SOURCE Allied Market Research

CHARLOTTE, N.C., Feb. 26, 2026 /PRNewswire/ — Meridian Waste, an integrated, non-hazardous solid waste services company, is pleased to announce that entries are now open for its 7th Annual Brightening the World Earth Day Coloring Contest. Children ages three to 10 from anywhere in the United States are invited to participate in the nationwide competition celebrating creativity, environmental awareness, and Earth Day.

Since its launch, the annual coloring contest has continued to grow in participation each year. The initiative is designed to engage children, parents, and caregivers in conversations about caring for the planet while encouraging artistic expression through fun, Earth Day-themed coloring pages.

The 2026 contest features three age categories: ages 3–4, ages 5–7, and ages 8–10.

Three winners will be selected from each category, for a total of nine prize recipients. There is no purchase necessary to participate, and entrants do not have to be a Meridian Waste customer.

The contest officially opens February 26 at 12:00 AM EST and will close April 13 at 11:59 PM EDT. Participants may download the official coloring pages and submit entries online at MeridianWaste.com/EarthDay-2026.

“Each year, our team looks forward to reviewing the creative submissions from children across the country,” said Walter “Wally” Hall, CEO of Meridian Waste. “Earth Day is an important reminder of the responsibility we all share in protecting our environment. This contest is a meaningful way to involve the next generation in that mission while celebrating their imagination and talent.”

Winners will be announced in April in recognition of Earth Day.

About Meridian Waste:
Headquartered in Charlotte, N.C., Meridian Waste is a company defined by its commitment to servicing its customers, caring for and engaging its employees, and generating financial value for its shareholders while delivering a clean and healthy community. The company’s core waste business is centered on residential, commercial, and industrial non-hazardous waste collection and disposal. Currently, the company operates in Northeast Fla., St. Louis, Mo., Raleigh, N.C and the greater Triad Region of NC., Greenville, S.C., Knoxville, Tenn., Huntsville, AL, Central AL, North & South MS, Blacksburg, Va., Harrisonburg, Va., and Richmond, Va., servicing more than 582,800 residential, commercial, industrial, and governmental customers. In addition to a fleet of commercial, residential, and roll-off trucks, the company operates 34 hauling companies, thirteen transfer stations/materials recycling facilities (MRFs), three municipal solid waste landfills, and four C&D landfills in which 1,724,200 tons of waste are safely disposed of annually. For more information, visit MeridianWaste.com.

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SOURCE Meridian Waste