Author: sHq_LoGiNz

More Than Half Plan to Expand Their Businesses, While Many Remain Worried About Inflation, Interest Rates, Supply Chains and Healthcare Costs

CHARLOTTE, N.C., Nov. 18, 2025 /PRNewswire/ — Small and mid-sized business owners are cautiously optimistic about the coming year, with 74% expecting revenue increases and nearly 60% planning to expand their businesses, according to the 2025 Bank of America Business Owner Report, conducted in partnership with the Bank of America Institute. This corresponds with Bank of America Institute data which found small business profitability growth has remained resilient throughout 2025.

Approximately half of business owners surveyed believe that local (53%), national (48%) and global (45%) economies will improve over the next year. Many noted their confidence would improve with: stabilization of tariff policy (53%), cooling inflation (52%), lower interest rates (52%) and stronger supply chains (39%).

“Business owners are approaching the coming year with confidence and a clear focus on growth,” said Sharon Miller, President of Business Banking at Bank of America, the nation’s number one small business lender, according to the FDIC. “Many plan to retain their current staff and hire more, and anticipate that local, national and global economies will improve.”

Key findings from the report include:

• Navigating a tight labor market – Roughly three in five business owners (61%) say they are currently being impacted by labor shortages. Those affected are personally working more hours due to staff shortages (50%) and raising wages to attract more competitive talent (40%). Because the labor market is tight, only 1% of business owners are planning to lay off employees in the next 12 months, with 43% planning to hire more.
• Adopting AI – AI has become essential to business owners, with 77% having integrated it into their operations in the past five years. Of those, they are using it for marketing (50%), content production (38%), customer service (37%) and inventory management (28%). According to Bank of America Institute, small business payments to tech services, including AI, were up nearly 8% year-over-year as of October.
• Optimizing supply chains – 75% of business owners surveyed say they are currently being impacted by supply chain issues. Of those impacted, 52% are raising the prices of goods and services and 32% are having difficulty sourcing products and services.
• Managing inflation – Most business owners (88%) say they are currently being impacted by inflation, consistent with last year. As a result, they are raising prices of goods and/or services (64%) and reevaluating cash flow and spending for the year ahead (39%).

Looking further into the future, business owners’ focus on growth and innovation over the next five years signals cautious optimism.

• During the remainder of the decade, their priorities include expanding customer bases (47%), expanding products and services (39%) and exploring new marketing tactics (35%).
• Nearly all business owners (91%) plan to adopt more digital tools, including AI, over the next five years to further modernize, increase growth and improve employee efficiency. These business owners plan to:
  • Accept more forms of digital payments (52%).
  • Improve employee workflows to make daily tasks more efficient (47%).
  • Implement more digital-first marketing strategies (45%).
  • Increase cybersecurity measures (30%).
• Business owners are divided when it comes to succession planning, with the majority (70%) not focused on an exit strategy in the next five years. While 60% have a succession plan in place, 40% have yet to prepare for the future of their business.
  • Among those with a succession plan in place, one-third (32%) plan to transition their business to a family member, while 38% plan to sell the business.

Bank of America 2025 Business Owner Report Methodology
Ipsos conducted the 2025 Bank of America Business Owner Report survey online between September 11 and September 23, 2025, using a pre-recruited online sample of business owners. Ipsos contacted a national sample of 819 small business owners in the United States with annual revenue between $100,000 and $4,999,999 and employing between two and 99 employees. Ipsos also interviewed a national sample of 253 medium-sized business owners in the United States with annual revenue between $5,000,000 and $49,999,999 and employing between two and 499 employees. The final results for the national small, medium-sized, and combined (small and medium-sized) business owner samples were weighted to their respective national benchmark standards for size, revenue and region.

Bank of America Institute
Bank of America Institute is dedicated to uncovering powerful insights that move business and society forward. Established in 2022, the Institute is a think tank that draws on data and analyses from across the bank and the world to provide timely and original perspectives on the economy, sustainability, and global transformation. The Institute leverages the depth and breadth of the bank’s proprietary data, from nearly 70 million consumer and small business clients, 58 million verified digital users, $4.3 trillion in total payments in 2024 and $1.2 trillion in consumer and wealth management deposits. From this robust data set, the Institute provides a unique perspective on the health of the economy. It also elevates thought leadership from throughout the bank that addresses long-term trends and shares these findings with the general public.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million consumer and small business clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
Susan Atran, Bank of America
Phone: 1.646.743.0791
susan.atran@bofa.com

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SOURCE Bank of America Corporation

ATLANTA, Nov. 18, 2025 /PRNewswire/ — The Home Depot^®, the world’s largest home improvement retailer, today reported sales of $41.4 billion for the third quarter of fiscal 2025, an increase of $1.1 billion, or 2.8% from the third quarter of fiscal 2024. Total sales include approximately $900 million from the recent acquisition of GMS Inc. (GMS), which represents approximately eight weeks of sales in the quarter. Comparable sales for the third quarter of fiscal 2025 increased 0.2%, and comparable sales in the U.S. increased 0.1%.

Net earnings for the third quarter of fiscal 2025 were $3.6 billion, or $3.62 per diluted share, compared with net earnings of $3.6 billion, or $3.67 per diluted share, in the same period of fiscal 2024.

Adjusted⁽¹⁾ diluted earnings per share for the third quarter of fiscal 2025 were $3.74, compared with adjusted diluted earnings per share of $3.78 in the same period of fiscal 2024.

“Our results missed our expectations primarily due to the lack of storms in the third quarter, which resulted in greater than expected pressure in certain categories. Additionally, while underlying demand in the business remained relatively stable sequentially, an expected increase in demand in the third quarter did not materialize. We believe that consumer uncertainty and continued pressure in housing are disproportionately impacting home improvement demand,” said Ted Decker, chair, president and CEO. “Our teams are continuing to execute at a high level and we believe we are growing our market share. I would like to thank our associates for their continued hard work and dedication.”

Fiscal 2025 Guidance
The company updated its fiscal 2025 guidance, a 52-week year compared to fiscal 2024, a 53-week year, to reflect its third quarter performance, continued pressure in the fourth quarter from the lack of storm activity, ongoing consumer uncertainty and housing pressure, and the inclusion of GMS.

• Total sales growth of approximately 3.0%
  • GMS expected to contribute approximately $2.0 billion in incremental sales
• Comparable sales growth to be slightly positive for the comparable 52-week period
• Approximately 12 new stores
• Gross margin of approximately 33.2%
• Operating margin of approximately 12.6%
• Adjusted⁽¹⁾ operating margin of approximately 13.0%
• Tax rate of approximately 24.5%
• Net interest expense of approximately $2.3 billion
• Diluted earnings-per-share to decline approximately 6.0% from $14.91 in fiscal 2024
• Adjusted⁽¹⁾ diluted earnings-per-share to decline approximately 5.0% from $15.24 in fiscal 2024
• Capital expenditures of approximately 2.5% of total sales

The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.

At the end of the third quarter, the company operated a total of 2,356 retail stores and over 1,200 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Cautionary Note Regarding Forward-Looking Statements



Certain statements contained herein constitute “forward-looking statements” under the federal securities laws, including as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events, and use words such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “intend,” “estimate,” “project,” “plan,” “believe,” “expect,” “target,” “prospects,” “potential,” “commit” and “forecast,” or words of similar import or meaning or refer to future time periods. Forward-looking statements may relate to, among other things, the demand for our products and services, including as a result of macroeconomic conditions and changing customer preferences and expectations; net sales growth; comparable sales; the effects of competition; our brand and reputation; implementation of interconnected retail, store, supply chain, technology, innovation and other strategic initiatives, including with respect to real estate; inventory and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer and trade credit; the impact of tariffs, trade policy changes or restrictions, or international trade disputes and efforts and ability to continue to diversify our supply chain; issues related to the payment methods we accept; demand for credit offerings including trade credit; management of relationships with our associates, jobseekers, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt our business, supply chain, technology infrastructure, or demand for our products and services, such as tariffs, trade policy changes or restrictions or international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, labor disputes, geopolitical conflicts, military conflicts, or acts of war; our ability to maintain a safe and secure store environment; our ability to address expectations regarding sustainability and human capital management matters and meet related goals; continuation or suspension of share repurchases; net earnings performance; earnings per share; future dividends; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including executive orders and other administrative or legislative actions, such as changes to tax laws and regulations; store openings and closures; guidance for fiscal 2025 and beyond; financial outlook; and the impact of acquired companies, including SRS and GMS, on our organization and the ability to recognize the anticipated benefits of completed or pending acquisitions.

These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A. “Risk Factors,” and elsewhere in our Annual Report on Form 10-K for our fiscal year ended February 2, 2025 and also as described from time to time in reports subsequently filed with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.

Non-GAAP Financial Measures



To provide additional transparency, we supplement our disclosure with certain non-GAAP financial measures. When used in conjunction with our GAAP financial measures, we believe these supplemental non-GAAP financial measures will help management and investors to better understand and analyze our performance. However, this supplemental information should not be considered in isolation or as a substitute for the related GAAP measures. Refer to the end of this release for an explanation and definitions of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures. 

NON-GAAP FINANCIAL MEASURES

Adjusted operating income, adjusted operating margin (calculated as adjusted operating income divided by total net sales), and adjusted diluted earnings per share are presented as supplemental financial measures in the evaluation of our business that are not required by or presented in accordance with GAAP. The Company excludes the impact of amortization expense from acquired intangible assets from adjusted operating income and adjusted operating margin, and the impact of amortization expense from acquired intangible assets, including the related tax effects, from adjusted diluted earnings per share. We do not adjust for the revenue that is generated in part from the use of our acquired intangible assets. Amortization expense, unlike the related revenue, is not affected by operations in any particular period unless an intangible asset becomes impaired, or the useful life of an intangible asset is revised.

When used in conjunction with our GAAP results, we believe these non-GAAP measures provide investors with meaningful supplemental measures of our performance period to period, make it easier for investors to compare our underlying business performance to peers, and align to how management analyzes trends and evaluates performance internally. The Company provides non-GAAP financial information on this basis to facilitate comparability when we report earnings results. These non-GAAP measures should not be considered in isolation or as a substitute for their comparable GAAP financial measures. Investors should rely primarily on our GAAP results and use non-GAAP financial measures only supplementally in making investment decisions. Our calculation of non-GAAP measures may not be comparable to similarly titled measures reported by other companies and other companies may not define these non-GAAP financial measures in the same way, which may limit their usefulness as comparative measures.

Our adjusted operating margin guidance for fiscal 2025 excludes an expected approximately 40 basis point impact from acquired intangible asset amortization.

Our adjusted diluted earnings per share guidance for fiscal 2025 excludes an expected after-tax impact of approximately $0.45 from acquired intangible asset amortization.

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SOURCE The Home Depot

WILMINGTON, Del., Nov. 18, 2025 /PRNewswire/ — Allied Market Research published a report, titled, “Power Plant EPC Market by Power Plant Type (Thermal Power Plants, Renewable Power Plants, Nuclear Power Plants, and Others), Project Type (Greenfield Projects and Brownfield Projects), and Fuel Source (Coal, Natural Gas, Renewable Energy Sources, and Others): Global Opportunity Analysis and Industry Forecast, 2025-2034″. According to the report, the power plant EPC market was valued at $128.2 billion in 2024, and is estimated to reach $179.2 billion by 2034, growing at a CAGR of 3.5% from 2025 to 2034.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A325774

Increase in Shift Toward Renewable Energy

Global shift toward renewable energy sources is one of the most significant drivers of the power plant EPC market. With rising concerns about climate change, carbon emissions, and sustainability, governments across the world are enacting ambitious policies to accelerate the deployment of renewable power. This has led to a surge in demand for solar, wind, and hydro-based projects, most of which are executed under EPC models where a single contractor manages design, procurement, construction, and commissioning. Such turnkey arrangements provide greater accountability, reduce risks for project developers, and streamline the implementation of large-scale renewable projects. World-scale offshore wind builds (UK / North Sea & others) projects such as Dogger Bank (three 1.2 GW phases) and other North-Sea developments continued construction and reached large commissioning milestones in this window; governments continued leasing rounds and permitting for vast zones.

Growth of EVs, data centers, and smart homes

The global shift toward electrification is emerging as a powerful driver for the Power Plant EPC market. The rapid adoption of electric vehicles (EVs) is a prime contributor, as transportation systems increasingly rely on electricity instead of fossil fuels. EV charging infrastructure, especially fast-charging networks, requires stable and large-scale electricity supply, which in turn drives demand for new power generation projects. Utilities and governments are working to expand capacity not only to support mobility electrification but also to maintain grid stability, creating significant opportunities for EPC contractors in both renewable and conventional power plant construction. In January 2025, Hyperscalers (Microsoft, Google, AWS, Oracle, CoreWeave, etc.) massively expanded build-outs to meet AI training/inference demand; analysts expect record GW of capacity to break ground in 2025.

Report coverage & details:

Procure Complete Report (334 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/power-plant-epc-market 

Decommissioning of Aging Infrastructure

Aging power generation infrastructure is a critical factor driving the growth of the Power Plant EPC market. Across North America, Europe, and parts of Asia, many coal-fired and oil-based plants were built several decades ago and are now approaching the end of their operational lifespan. These facilities are often inefficient, expensive to maintain, and incapable of meeting today’s stringent environmental and emissions regulations. As a result, governments and utilities are prioritizing the retirement of outdated plants and commissioning modern, cleaner, and more efficient power generation facilities under EPC models. Renewables build-out, grid upgrades, and storage got large capital flows as countries sought energy security after the 2022 energy shock; this created manufacturing demand for turbines, solar panels, batteries and associated supply-chain infrastructure. (IEA and regional investment reports show rising low-carbon electricity investment through 2024–25).

International Trade and Export Trends in Power Plant EPC

India’s role in the global power EPC market has been evolving, with increasing exports of power-related equipment and services. In fiscal year 2024-25, engineering exports from India recorded double-digit growth, with significant contributions from power and industrial machinery sectors. Notably, in July 2025, engineering exports surpassed $10 billion for the first time in the current fiscal year, marking a significant milestone. However, challenges such as global trade tensions and domestic policy shifts have impacted specific sectors. For instance, India’s solar module exports to the United States declined by 16% year-over-year in 2024, primarily due to the imposition of high U.S. tariffs. These developments underscore the need for strategic adjustments in India’s export strategies within the power EPC domain.

Connect To Industry Expert: https://www.alliedmarketresearch.com/connect-to-analyst/A325774

Increase in Demand for Hydrogen-Based Power Plants

Hydrogen is rapidly emerging as a key component of the global energy transition, and EPC firms are uniquely positioned to capitalize on this trend by constructing hydrogen-ready and hydrogen-fueled power plants. Hydrogen offers the promise of near-zero emissions when produced from renewable sources, making it a strategic solution for decarbonizing hard-to-abate sectors such as heavy industry, shipping, and power generation. Governments and private investors are increasingly funding pilot projects and full-scale hydrogen power plants, creating a growing demand for specialized EPC expertise in this nascent market. National Green Hydrogen Mission (NGHM) launched in January 2023, the NGHM aims to position India as a global leader in green hydrogen production. The mission targets an annual production of 5 million metric tons (MMTPA) by 2030, supported by approximately 125 GW of new renewable energy capacity. The government has allocated $2.1 billion (₹17,490 crore) under the Strategic Interventions for Green Hydrogen Transition (SIGHT) program to incentivize electrolyze manufacturing and green hydrogen production.

Key Players: –

• Bechtel Corporation
• Siemens Energy
• General Electric Company
• LARSEN & TOUBRO LIMITED
• Tata Projects Limited
• Hyundai Engineering & Construction Co., Ltd
• MITSUBISHI HEAVY INDUSTRIES, LTD
• Valmet
• Fluor Corporation
• Technip Energies N.V.

The report provides a detailed analysis of these key players in the global power plant EPC industry. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements 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 highlight the competitive scenario.

Trending Reports in Energy & Power Industry: 

Floating Power Plant Market Size, Share Outlook and Trend Analysis, 2022 – 2032

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Nuclear Power Plant and Equipment Market Analysis and Industry Forecast 2021-2030

Thermal Power Plant Market Size, Competitive Landscape and Trend Analysis, 2021-2030

Mobile Power Plant Market Size, Share, Analysis and Industry Forecast, 2023-2032

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 us: 
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SOURCE Allied Market Research

KUALA LUMPUR, Malaysia , Nov. 18, 2025 /PRNewswire/ — Vantage Foundation continued its mission to drive meaningful community impact through a recent collaboration with Kechara Soup Kitchen (KSK), one of Malaysia’s leading non-governmental organisations dedicated to serving the urban, rural poor, Orang Asli and houseless communities for more than 17 years. KSK operates through a multi-pronged approach; comprising its Food Bank, Empowerment programmes, and Soup Kitchen; guided by the motto “Hunger Knows No Barriers”. The volunteer activity took place at the Kechara Food Bank in Setapak, a key hub where essential dry goods and daily necessities are stored, organised, and distributed to families in need.

A total of ten Vantage Foundation volunteers took part in the outreach programme, working alongside KSK staff to prepare and deliver food aid packs. The team visited six registered households in Cheras and Jinjang, each identified by KSK as part of vulnerable groups affected by urban poverty. Beneficiaries included families living in poor or unstable conditions, households with disabled members, and elderly individuals living alone without family support.

Through this hands-on experience, volunteers were able to witness the realities of food insecurity in urban Malaysia. Many families rely on monthly support to meet basic needs, and the deliveries helped ensure they had access to essential items such as rice, canned food, hygiene products, and daily necessities.

“Participating in this outreach allowed us to better understand the structural challenges faced by vulnerable communities in Kuala Lumpur,” said Steven Xie, Executive Director of Vantage Foundation. “It was a humbling reminder that small acts of service can create meaningful impact when directed to those who need it most.”

Vantage Foundation

Vantage Foundation is an independent charitable organization launched at the McLaren Technology Centre in the UK in 2023. The foundation has partnered with organisations worldwide, including Grab Indonesia, the iREDE Foundation in Nigeria, Teach for Malaysia, and Instituto Claret in Brazil, to drive impactful social initiatives.

For more information, please visit www.vantage.foundation

Kechara Food Bank

The Kechara Food Bank is a key arm of Kechara Soup Kitchen’s mission, focusing on preventing at-risk individuals and families from falling into homelessness. Unlike KSK’s traditional soup kitchen, which provides hot meals, medical care, and welfare aid to homeless individuals, the Food Bank supplies dry goods and essential items to marginalised families to help stabilise their living conditions.

For more information, please visit https://kecharasoupkitchen.com/

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SOURCE Vantage Foundation

MELBOURNE, Australia, Nov. 18, 2025 /PRNewswire/ — Global energy technology leader Trina Storage, a division of Trinasolar, has signed a Memorandum of Understanding (MoU) with Pacific Green Energy Group (Pacific Green) to deliver up to 5 gigawatt-hours (GWh) of battery energy storage systems (BESS) between 2026 and 2028. 

The MoU represents one of the largest energy storage collaborations. When completed, the projects will be capable of storing and dispatching up to five billion watts per hour into the grid, strengthening reliability and accelerating the clean energy transition toward a low-carbon future.

Under the MoU, Trina Storage will supply its advanced grid-scale battery systems, integrating industry-leading technology designed for safety, efficiency, and longevity. Pacific Green will oversee development and project delivery across multiple sites in Australia and other international markets.

Helena Li, President of Trinasolar, said the partnership underscores Trinasolar’s ongoing commitment to advancing global clean energy goals.

“This MoU marks a major milestone for both Trina Storage and Pacific Green in the global renewable energy landscape, including Australia. A 5GWh supply commitment demonstrates the scale and confidence driving our partnership with Pacific Green. Together, we are combining innovation, global expertise, and local execution to enable a more resilient and sustainable energy future,” Li said.

“This partnership enables us to deliver our growing global pipeline efficiently and at scale,” said Scott Poulter, CEO of Pacific Green. “Together, we’re accelerating the deployment of projects that support the clean energy transition.” 

The collaboration builds on Trinasolar’s established footprint in Australia, following earlier partnerships such as the 1.5GW Vertex N module supply agreement with Marubeni Australia, and the Limestone Coast North Energy Park Project announced earlier this year in South Australia, a pivotal project for Pacific Green with an enterprise value of AUD $460 million and a planned installed capacity of 250 MW/500 MWh. These projects reinforce Trinasolar’s strategic role in delivering integrated solar and storage solutions across the Asia-Pacific region. 

Pacific Green currently manages a global storage pipeline of 11 GWh, including 7GWh in Australia and 4GWh across Europe, highlighting the strong and expanding partnership between the two companies in advancing the global clean energy transition.

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SOURCE Trina Storage

SHENZHEN, China, Nov. 18, 2025 /PRNewswire/ — Frost & Sullivan has recognized SINEXCEL with the prestigious 2025 China Ultra-Fast and Megawatt Charging Competitive Strategy Leadership award, celebrating the company’s exceptional achievements in the EV charging sector. This recognition underscores SINEXCEL’s leadership in providing efficient, reliable, and flexible megawatt charging solutions.

The Best Practices group at Frost & Sullivan, backed by 1,800 global research analysts, evaluates companies based on strategic innovation and customer impact. They recognize businesses across regional and global markets for their exceptional leadership and innovation.

With nearly 20 years of expertise in the power electronics market, SINEXCEL has consistently excelled in both innovation and performance. Last year, the company introduced its first megawatt-level charging solution in China. Building on that success, this year SINEXCEL launched the 1.28 MW distributed charging system for the European market. In just one year, its megawatt charging solutions have achieved global top-selling recognition, with over 2,000 megawatt charging stations deployed worldwide.

SINEXCEL’s competitive edge lies in its use of modular technology and silicon carbide innovations. The 1.28 MW solution enables seamless upgrades to charging infrastructure without costly infrastructure changes and achieves a remarkable 96.2% efficiency, resulting in significant energy savings and operational advantages.

“SINEXCEL redefines the competitive landscape in MW charging through a combination of technological leadership and future-ready design,” said Srinag Rajendra, Research Associate at Frost & Sullivan. “Its 1.28 MW distributed charging system sets a new benchmark for heavy-duty vehicle electrification, addressing critical pain points such as slow charging speeds and high TCO while anticipating next-generation requirements.”

At the heart of SINEXCEL’s success is an unwavering customer-first philosophy and commitment to long-term sustainable growth, which are key to maintaining leadership in the fast-evolving market. This recognition reaffirms the dedication to empowering energy freedom and accelerating the transition to a more efficient future. SINEXCEL remains at the forefront of shaping the next generation of EV charging solutions, driving both industry progress and global sustainability.

About SINEXCEL

Founded in 2007, SINEXCEL is a pioneer in EV charging, energy storage and power quality solutions. With 12 GW of installed storage, 140,000 DC chargers and nearly 20 million amperes of AHF deployed, SINEXCEL partners with industry leaders like EVE Energy and Schneider Electric to empower energy freedom.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Media Contact: Erika Feng, erika_feng@sinexcel.com

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SOURCE Shenzhen Sinexcel Electric Co.,Ltd

KUNSHAN, China, Nov. 18, 2025 /PRNewswire/ — The recent 2025 All-Energy Australia exhibition held in Melbourne featured a prominent presence from Arctech, a world-leading provider of solar tracking solutions. Arctech showcased its comprehensive “Tracker+” and “Green Power+” solutions, demonstrating its strong commitment and capability to deeply cultivate the Australian market and support the local energy transition.

The company’s spotlight was on its two main solution portfolios.

The “Tracker+” is a wide portfolio of trackers to meet costumer needs in any environment and situation with a high grade of standardization.

SkyLine Ⅱ, Arctech’s 1P multi-point parallel drive tracking system, perfectly aligns with the Australian market’s dual demands for high-efficiency power generation and long-term stable operation of PV power plants, thanks to its high reliability, AI-powered smart tracking strategies, and exceptional adaptability to complex terrains.

SkySmart Ⅱ, Arctech’s 2P solar tracker optimized for bifacial modules, features a robust synchronous multi-point drive, AI backtracking, and strong slope adaptability, all with ultra-low energy consumption, creating more possibilities for the multi-dimensional utilization of land resources in Australia.

Cable Tracker, the flexible tracking system, characterized by its “large span and high ground clearance,” further enhances suitability for scenarios like mountainous areas and agrivoltaics.

The “Green Power+” solution displayed diverse applications on-site, including energy storage systems(ESS), building-integrated photovoltaics (BIPV), and integrated PV-storage-charging carports. This showcased Arctech’s cutting-edge exploration in multi-scenario “PV+” integration and synergistic energy management, offering end-users in Australia one-stop clean energy solutions.

In active response to Australia’s “Clean Recovery” plan, Arctech completed the signing of several key strategic cooperation agreements during the event. These agreements aim to comprehensively deepen its local footprint, spanning from product solution standards and localized services to talent development.

• Elevating Standards : An agreement with DNV ensures Arctech’s solutions meet the highest international and local standards, significantly enhancing project bankability.
• Strengthening Service: Partnerships with Australian’s leading operation and maintenance service providers O&M and LUMICO will enhance local service and rapid-response capabilities.
• Developing Talent: A collaboration with TAFE Queensland will foster a skilled workforce for Australia’s clean energy sector.

This exhibition serves as a significant milestone for Arctech in deepening its connection with the Australian market. Through the dual drive of “Product Solution Innovation” and “Localized Service Capability” strategy, Arctech is putting its “customer-centric” philosophy into practice.

During the exhibition, Mr. Pedro, CTO of Arctech’s International Headquarters, delivered a keynote speech. He stated, “Since entering the Australian market, Arctech has successfully installed and delivered over 600 MW of PV projects. Looking ahead, we will continue to increase our local investment to bring more customized solutions and full lifecycle services to Australian customers, steadfastly supporting Australia’s energy transition journey.”

Moving forward, Arctech will continue to uphold its spirit of innovation, collaborating closely with local Australian partners to deliver cleaner, more efficient, and smarter green energy solutions across this vast continent, joint depicting a new blueprint for sustainable development.

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SOURCE Arctech Solar

Pioneering Carbon Nanotube (CNT) Technology Achieves Stronger, More Sustainable Concrete at Scale

CANTON, Mass. and OLATHE, Kan., Nov. 18, 2025 /PRNewswire/ — CHASM Advanced Materials, a US based technology leader in carbon nanotube (CNT) innovation and manufacturing, together with Terracon, a leading U.S. consulting engineering firm, has successfully completed a green concrete pour demonstration in Wichita,Kansas, at the site of Air Capitol Materials—a major milestone toward scalable, low-carbon concrete that delivers high performance without the “green premium.”

This on-site evaluation showcases how CHASM’s most scalable CNT production technology is breaking through long-standing barriers of cost and scalability, enabling the widespread adoption of CNTs in concrete. Leveraging CHASM’s innovative dry dispersion technology, CNTs can be seamlessly integrated into cement mixes without affecting workability, while delivering significant improvements in mechanical performance and long-term durability.

The demonstration also confirmed that NTeC®-C CNT-enhanced concrete pours exceptionally well at scale, exceeding standard industry strength requirements and is expected to demonstrate strong long-term durability, especially under harsh weather conditions. The concrete pad produced with NTeC®-C CNTs will be placed alongside a conventional pad without CNTs for comparison. Terracon and its partners will monitor crack development using embedded sensors on pads located in a high-traffic area with 300–500 daily truck movements from fully loaded 80,000-pound (36-tonne) sand trucks. As winter conditions set in, the NTeC®-C CNT concrete pad is expected to show significantly greater durability and resistance to cracking from freeze–thaw cycles and other harsh environmental conditions compared to the control sample. This marks an important step in validating CNT-enhanced concrete under real-world conditions.

“CHASM’s technology proves that sustainability and performance don’t have to come at a premium,” said David Arthur, CEO and Co-founder of CHASM. “Our partnership with Terracon demonstrates how nanotechnology can transform both the economics and environmental impact of concrete.”

Terracon’s collaboration ensures rigorous field evaluation and performance validation, reflecting their commitment to advancing sustainable engineering practices. The demonstration was conducted by Andale Construction and supported by Air Capitol Materials, whose expertise and work helped ensure a successful execution.

“As a national consulting firm made up of engineers, scientists, and field professionals, we look for innovations that are both practical and impactful,” said David Harwood, Senior Vice President of Terracon. “CHASM’s CNT technology as a clear step forward in building stronger, lower-carbon infrastructure”.

This Kansas pour marks the beginning of CHASM and Terracon’s field-scale validation program—advancing their mission to make green concrete without the green premium a reality for builders, engineers, and developers.

About CHASM

CHASM’s mission is to develop and manufacture advanced carbon nano materials, leveraging its innovative product platforms to create a safer, more connected and sustainable world. The company’s patented nanotube manufacturing platform combined with its unique ability to integrate CNTs into product solutions is unleashing the power of nanotechnology. CHASM’s technology licensing model enables global deployment of this game-changing CNT technology across multiple production sites worldwide

Innovations powered by CHASM include universal transparent heaters for safer driving and a broad range of non-automotive applications, transparent antennas for smarter cities, conductive additives for EV batteries, and cement additives for greener (lower carbon footprint) concrete. 

CHASM is building the world’s largest multiwall CNT reactor (1,500 metric tons capacity) in Norman, Oklahoma, to produce NTeC^® products to support battery and cement applications.

AgeNT, NTeC, CHASM, and the CHASM logo are trademarks of CHASM Advanced Materials, Inc.

About Terracon

Terracon is an employee-owned, multidiscipline consulting firm comprised of more than 7,000 curious minds focused on solving engineering and technical challenges from more than 180 locations nationwide. Explore with us by visiting terracon.com.

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SOURCE CHASM Advanced Materials