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15th Apr 2024 4:41 pm RNS Notice of AGM
"Aura Renewable Acquisitions plc announces that it has today sent its Annual Report and Financial Statements for the period ended 31 December 2023 (the "Annual Report 2023") and its Notice of Annual General Meeting (the "Notice") to shareholders.
The Company's second Annual General Meeting will be held at 11:30 a.m. on Wednesday, 15 May 2024 at the offices of CFPro Cosec Limited, First floor, Holborn Gate, 330 High Holborn, London, WC1V 7QH.
In accordance with Listing Rule 9.6.1R, copies of the following documents will soon be submitted to the Financial Conduct Authority's National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
- Annual Report and Accounts 2023; and
- Notice of Annual General Meeting.
Publication on website
Copies of the Annual Report 2023 and the Notice of Annual General Meeting are available on the Company's website at https://aurarenewables.com/. "
https://www.lse.co.uk/rns/ARA/notice-of-agm-xfra62u3x4zdzfk.html
8th Apr 2024 7:00 am RNS Final Results
" ... - In the UK, the Electricity System Operator emphasised the importance of wind power as it unveiled in March 2024 a £58 billion investment in the electricity grid to decarbonise power while meeting growing energy demand by 2035.
- On 27 March 2024 the UK electricity regulator Ofgem announced a £3.4 billion funding package for a proposed 2GW 'electricity superhighway' between Scotland and Yorkshire, to help harness the potential of Britain's offshore wind, powering up to 2 million homes.
- Also in March 2024, the UK Government announced initiatives to improve energy market efficiency, while further investments in renewable energy transmission and distribution have been announced by both SP Energy Networks and ScottishPower. Meanwhile, demand for both solar PV and heat pump small-scale installations has risen substantially.
Against this highly positive background, our investment horizon is wide within our chosen sector, and we will continue to assess and qualify what we believe to be value accretive opportunities wherever they arise. When our ongoing evaluation and investigation result in the potential for a transaction, the Company will give the market appropriate notice.
John Croft, the Chairman of Aura commented:
"The ongoing economic and political uncertainty caused by supply chain issues, inflation, interest rate rises, hostilities in Europe and further afield, continued to restrict capital market activity during 2023. However, early signs of interest rate reductions on the back of lower inflation figures should have a positive impact on markets. We remain confident that the renewable energy sector will offer excellent opportunities for acquisitive and organic growth and are committed to ensure that the Company and its stakeholders have the chance to share in these opportunities. We believe our strategic approach to finding the right transaction, while closely controlling overheads will prove successful."
Publication on website
A copy of this announcement is also available on the Company's website at http://www.aurarenewables.com.
Enquiries
Aura Renewable Acquisitions Plc
John Croft (Non-Executive Chairman) 07785 315588
Robin Stevens (Non-Executive Director) 07787 112059
Media enquiries
Allerton Communications
Peter Curtain 020 3633 1730
aurarenewables@allertoncomms.co.uk "
https://www.lse.co.uk/rns/ARA/final-results-8v6yjp6nfm3suyk.html
8th Apr 2024 7:00 am RNS Final Results
"8 April 2024 - Aura Renewable Acquisitions plc, a UK-based company whose objective is to build shareholder value by investing in the global renewable energy supply chain, announces its results for the year ended 31 December 2023.
The Company has continued to seek suitable acquisition and investment targets while operating with minimal overheads following its admission to the Standard Segment of the Main Market of the London Stock Exchange in April 2022, raising gross proceeds of £1,000,000 from a placing and subscription. In the year to 31 December 2023, the Company incurred a loss before taxation of £153,000 (2022: £236,000). At 31 December 2023, the Company retained cash resources of £661,000 (2022: £809,000).
Aura was established to acquire then act as the holding company for targeted businesses operating in the Global Renewable Energy Sector Supply Chain, particularly participants in the battery, wind, solar, biomass, hydropower, carbon capture, waste management, smart grids and green hydrogen supply chain, and their sub-sectors. These potential targets could range from raw materials resourcing to power generation, energy storage and recycling.
During the year the board has met and assessed potential acquisition targets in the UK and overseas while maintaining close connections with potential business introducers from within the Board's professional and business networks. By reinforcing the board's intentions and objectives to these potential introducers of opportunities, we have maintained a pipeline of potentially significant targets and held early and encouraging discussions with a number of companies in a range of sectors and jurisdictions.
Internationally, governments and policy makers continue to affirm their collective commitment to reducing greenhouse gas emissions through the transition from fossil fuels to renewable energy in order to limit climate change - while seeking to balance energy sustainability, affordability and security. By way of example:
- In March 2024 the United Nations Framework Convention on Climate Change and the International Energy Agency underlined their joint approach to addressing climate change.
- As announced in November 2023, the EU contributed €28.5 billion in climate finance from public sources and mobilised a further €11.9 billion of private finance in 2022 to support developing countries in reducing greenhouse gas emissions and adapting to the impacts of climate change.
- The United States government remains engaged in multiple sectors to meet its climate goals, its Inflation Reduction Act delivering large emission reductions at manageable cost. ..."
https://www.lse.co.uk/rns/ARA/final-results-8v6yjp6nfm3suyk.html
On International Day of Zero Waste 2024, it's worth reflecting on the huge investment implications of the move towards net zero.
From Hargreaves Lansdown "Investment Times", Issue 157 - winter 2023-2024:-
"The mega-trends driving 2024 and beyond"
"Transition to net zero
Net zero is going to drive a lot of investment. Whether we reach it or not, there's enough legislation in place already in major economies to ensure that a lot of things are going to change.
Power generation is decarbonising, which means new grids must be built. Total generation capacity needs to rise to allow electricity to replace fossil fuels from transport systems.
We'll need vast amounts of minerals and metals to enable electrification. There are legitimate questions as to whether this is physically possible with the resources we currently have. And battery technology needs to make some huge leaps before it can enable renewables to truly fulfil the central role they must play in a decarbonised economy.
Every industrial process, every day-to-day activity will need to be re-engineered to reduce energy intensity and material consumption to even get close to net zero.
These are huge challenges, but present huge opportunities.
As carbon intensity falls, efficiencies will rise, which has never been a bad thing for business. Of course, there will be losers along the way. Carbon pricing will punish the inefficient and create competitive advantage for the best of breed players in every sector.
Insulating portfolios from carbon pricing is a core challenge for funds. Our focus on capital-light, IP and technology-rich businesses in the HL Select portfolios means they have below average carbon intensity, which should stand us in good stead".
[N.B. The H.L. article identified just three mega-trends, with net zero being the first. The other two were artificial intelligence (AI) and more technology on the road.]
The quotation at the end of my previous post was a Cree prophecy.
"United Nations
International Day of Zero Waste
30 March
Addressing the waste crisis
Humanity’s unsustainable production and consumption practices are driving the planet towards destruction.
Households, small businesses and public service providers generate between 2.1 billion and 2.3 billion tons of municipal solid waste every year – from packaging and electronics to plastics and food. However, global waste management services are ill-equipped to handle this, with 2.7 billion people lacking access to solid waste collection and only 61–62 per cent of municipal solid waste being managed in controlled facilities. Humanity must act urgently to address the waste crisis.
The second annual International Day of Zero Waste highlights both the critical need to bolster waste management globally and the importance of sustainable production and consumption practices. It celebrates zero-waste initiatives at all levels, which contribute to the advancement of the 2030 Agenda for Sustainable Development.
Bolstering waste management and upstream solutions
Improving collection, recycling and other forms of sound waste management remain an urgent priority.
But to solve the waste crisis, humanity must treat waste as a resource. This entails reducing waste generation and following the lifecycle approach. Resources should be reused or recovered as much as possible, and products should be designed to be durable and require fewer and low-impact materials. Upstream solutions like these can minimize pollution of air, land, and water and decrease the extraction of precious and limited natural resources.
Achieving zero-waste societies requires action at all levels from all stakeholders.
Consumers can change consumption habits and reuse and repair products as much as possible before properly disposing of them. Governments, communities, industries and other stakeholders must improve financing and policymaking, especially as the waste crisis disproportionately impacts the marginalized, urban poor, women and youth. ..."
https://www.un.org/en/observances/zero-waste-day
"Only after the last tree has been cut down.
Only after the last river has been poisoned.
Only after the last fish has been caught.
Only then will you find that money cannot be eaten."
6th Mar 2024 1:08 pm RNS Proposed Acquisition and Suspension of Listing
"Spiritus Mundi plc, (LSE:SPMU), the Special Purpose Acquisition Company (SPAC) seeking to acquire targets in Europe and Asia in the clinical diagnostics sector, is pleased to announce that it has entered into a heads of terms (the "Head of Terms") to acquire the entire issued share capital of InReste Pte. Ltd. ("InReste") (the "Proposed Acquisition"). The Proposed Acquisition would constitute a reverse takeover under the UK Financial Conduct Authority ("FCA")'s Listing Rules.
InReste operates in the healthcare sector, offering a range of innovative technologies and solutions, including through its related companies. It is an integrated healthcare and wellness provider with an established biomedical research and development arm that holds exclusive patents over a number of clinical diagnostic tests. InReste is currently in the process of undertaking a corporate reorganisation such that, prior to entering into the Proposed Acquisition, it will own the entire issued share capital of Restalyst Pte. Ltd. ("Restalyst") and Reste Laboratories Pte. Ltd. ("ResteLab") (the "Restructuring"). ResteLab operates a 20,000 square foot state-of-the-art laboratory in central Singapore, offering a comprehensive selection of testing, screening and laboratory services to clinicians and healthcare professionals. It is automated to process laboratory tests quickly, turning around up to 10,000 tests daily. These services are complemented by Restalyst, which is an innovative biomedical company that develops, manufactures and markets a range of diagnostic solutions. It provides clinically-proven diagnostic solutions, including a number of patented solutions, to the medical and healthcare industry including detection kits for gastric cancer, nasopharyngeal (nose) cancer and liver cancer.
Zaccheus Peh, the Company's Non-Executive Chairman, is a controlling shareholder of InReste and is expected to hold a controlling interest in InReste following completion of the Restructuring. ..."
https://www.lse.co.uk/rns/SPMU/proposed-acquisition-and-suspension-of-listing-z7lgrxo5yifb2tk.html
SPMU has been suspended today at a s.p. of 3.75p, market cap. £2.22M.
And as at 30 September 2023 the Company held £498,626 in cash.
I.e. a market cap. at suspension of nearly four times more than ARA's (at 5.75p), despite having far less cash than ARA.
26th Feb 2024 9:45 am RNS Proposed Transformational Acquisition
"Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat, is pleased to announce that heads of terms have been signed for the acquisition of the entire issued share capital of a substantial and profitable international bio-energy company involved in the production and business of biofuels and its bi-products ("Target"), with revenues in excess of EUR 365m and profits before taxes in excess of EUR 40m according to the latest unaudited consolidated accounts to 31 December 2022 ("Proposed Acquisition"). ...
The price for the Target will be approximately £500m subject to due diligence and an independent valuation and will be satisfied in part by the issue of new ordinary shares in HUI to the Target's shareholders in exchange for the entire issued share capital of the Target. ..."
https://www.lse.co.uk/rns/HUI/proposed-transformational-acquisition-new5duop8eic8r0.html
So great green energy RTO news today from HUI (Hydrogen Utopia International), which is very encouraging for ARA.
HUI is up 42.44% today (3.65p) to 12.25p, and has more than trebled from 3.375p at the start of last month, to a current market cap. of £47.23M.
Crofton,
As far as I'm aware, there is no RTO deadline for ARA.
My understanding is that the following SPAC requirement doesn't apply to ARA, as it floated before the deadline for this requirement to apply:-
"A time limit of two years in which to complete an acquisition, which can be increased to three years if the shareholders agree."
Certainly I can see no reference to this deadline in either ARA's prospectus or articles of association, where such a requirement would certainly be mentioned if it existed.
Both of these documents can be viewed via ARA's website:-
https://aurarenewables.com/investors/
Note though that ARA's director are not being paid while ARA is a shell.
From ARA's prospectus dated 5 April 2022, re all four directors:-
" ... not entitled to a fee until the first Acquisition has been completed, at which time his subsequent entitlement to a fee will be considered by the Nomination and Remuneration Committee. ..."
Unpaid directors have no incentive to spin things out to retain their salaries, but rather have a real incentive to get something done ASAP, as well as being of the highest level of integrity and professionalism.
And the story of Judges Capital (since renamed Judges Scientific) is a good lesson in how shells may take quite some time to make the right deal.
Judges Capital (JDG) floated as a shell in January 2003, raising £1.8M. net after costs at 95p per share, with a market cap. of £2M. at the placing price.
26 Sep 2003 07:00 AM RNS Interim Results
"Chairman's Statement
I am pleased to report for the first time to our shareholders. Your Company was floated on AIM on 7th January 2003, after raising £2m, leaving £1.8m after costs. …"
https://www.investegate.co.uk/announcement/rns/judges-scientific--jdg/interim-results-/520140
But it only made its first acquisition of a company (Fire Testing Technology) in May 2005 (with a placing at £1 per share).
Then by mid 2023 JDG had surpassed 10,000p, making it a 100-bagger. Currently 9,640p, market cap. £637.94M.
The directors of JDG had a lot of their own money invested into JDG, making them at once very incentivised and very careful.
Also, it's interesting that ARA haven't issued a post year end operational update, unlike last year (on 16th. January 2023).
This could potentially be a sign that they are in advanced stage deal negotiations, so are keeping quiet because something could be unveiled imminently.
What's the deadline on doing a deal, Hedgie? These guys were talking up their network and having something ready to reverse in, going back a year or 2 now.
26th Jan 2024 7:00 am RNS Holding(s) in Company
https://www.lse.co.uk/rns/ARA/holdings-in-company-aeelbva16jqow0q.html
So on 25th. January 2024, N. Fitzpatrick crossed the 4% holding threshold for ARA, having previously crossed the 3% threshold in July 2023.
This further shows that he's obviously a shrewd investor, not only identifying this outstanding & undervalued investment opportunity, but then also cannily accumulating on dips
TMOR, a similar shell to ARA, has today announced a placing at a 100% premium to its pre-existing s.p. of 0.5p:-
22nd Jan 2024 7:00 am RNS Placing at 1p per share and Board Changes
"The Directors of More Acquisitions Plc (LSE: TMOR) are delighted to announce a placing as well as board changes designed to facilitate the Company's next phase of growth.
Highlights
• Appointment of two highly experienced company directors to the TMOR board. Neil Sinclair will move to Executive Chairman and Stanley Davis as non-executive director.
• Fundraising of £312,240 through the issue of 31,224,000 new ordinary shares of £0.01 each at a price of 1p per share ("Placing Shares") with 2 free attaching warrants for every 1 Placing Share issued exercisable at 1.5p (exercisable at any time during the 60-month period from 4 March 2022). These options are on identical terms to those granted to investors at the time of the Company's IPO.
• Current director Charles Goodfellow will remain on the board with Roderick McIllree retiring effective immediately.
Rod McIllree, Executive Director of More Acquisitions plc, said:
"Today marks a significant point in the evolution of More Acquisitions. The appointment of Neil and Stanley to the Board of the Company marks an exciting step towards the execution of a reverse take-over which is expected to be value enhancing for all stakeholders. They begin their tenure on a positive note by investing in the Company at a significant premium to the market thereby confirming their faith in their stated objective of value creation. I am very confident I leave the company in good hands and look forward to continuing as a shareholder as it now moves through these next value enhancing steps."
Board Restructuring
The Company is pleased to announce the appointment of Neil Sinclair as the Company's new Executive Chairman, and Stanley Davis as a Non-executive Director to the Board.
Neil Sinclair - Executive Chairman
Neil Sinclair has over 60 years' experience in the real estate sector. He was a co-founder of Sinclair Goldsmith, Chartered Surveyors, which was admitted to the Official List in 1987. ... He co-founded Palace Capital plc with Stanley Davis in July 2010 and helped build a £280m property portfolio. He served as Chief Executive Officer until June 2022. ...
Stanley Davis - Non-Executive Director
Stanley Davis is a successful entrepreneur who has been involved in the City of London since 1977. He founded a company registration agent, Stanley Davis Company Services Limited, which he sold in 1988. In 1990 he became Chief Executive of a small share registration company which became known as IRG plc. ... Palace Capital ... He served as Chairman until December 2021. ..."
https://www.lse.co.uk/rns/TMOR/placing-at-1p-per-share-and-board-changes-enaek5bxj7x278u.html
This further shows the intrinsic undervaluation of a main-listed shell trading at sub-cash, like ARA.
"on 8th. April last year"
Amendment:-
On 8th. April 2022.
From the 19.4.23 video interview with ARA's Chairman John Croft:-
"... we're very hopeful, put it like that, that we can do a transaction in this year. The sectors that we're particularly interested in are in energy storage generally, but particularly in battery technologies.
... there's a huge opportunity there ... I'm very hopeful we'll do something this year.
... with the minimum capitalisation having been moved up to thirty million pounds, it means actually that that valuation of the SPAC in the context of an overall transaction is relatively small. So we're starting to see valuations for SPACS in transactions heading up, and recently there have been some in London where the SPAC has been valued at multiple times of its cash balance, and multiple times the value of its original market cap. at the time it came to the market. So we see that as being very encouraging, and a positive sign for our shareholders going forward. ..."
https://www.proactiveinvestors.co.uk/companies/news/1012600/aura-renewable-acquisitions-very-hopeful-of-making-a-transaction-this-year-1012600.html
Swanny,
ARA had certainly hoped for something in 2023, but obviously that timeline has slipped.
But ARA issued a post year end operational update on 16th. January last year, and it should be issuing another update soon.
It's coming up to two years since ARA IPOed, on 8th. April last year, so they have had enough time, and I wouldn't think they would want to enter a third year after floating without having unveiled a RTO deal.
Anyone got any thoughts on a likely timeline here, i had hoped for 2023 but no joy?
Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
11-Jan-24 15:08:38 6.26 12,716 Buy* 5.00 6.50 796.02 O
So ARA's good start to 2024 has continued into week two: up another 0.25p (4.35%) today, to 6p (5.5p-6.5p).
The shell AJAX meanwhile has recently reported "the gradual recovery in UK market sentiment":-
27th Nov 2023 7:00 am RNS Half-Yearly Report and Proposed GM
"Half-Yearly Report for the 6 months to 31 August 2023
... The Company has continued to make good progress towards successfully identifying an acquisition in the natural resources sector.
Ajax has been evaluating various advanced gold and copper exploration opportunities across several jurisdictions, as well as certain metal recovery projects located in Central Asia utilizing innovative, environmentally friendly technologies capable of generating significant profitability.
We have continued, in view of our current development stage, to maximise cost control in keeping expenditure to a minimum.
It is our belief that we are now potentially not far from finding an opportunity that satisfies our development criteria, and we consider the gradual recovery in UK market sentiment to constitute an auspicious backdrop for our potential near-term progress. ..."
https://www.lse.co.uk/rns/AJAX/half-yearly-report-and-proposed-gm-m8uatqxhkgktmng.html
As at 31.8.23, AJAX had cash & cash equivalents of £818,124, which is not that much more than ARA's (£723,127 at 30.6.23); but has a market cap. of c. £2M., which is more than treble ARA's market cap.
BWN floated on 31.10.22 at 4p per share, and a market cap. of £2.2M.:-
31st Oct 2022 7:00 am RNS Admission to Trading and First Day of Dealings
" ... The Company has successfully raised gross proceeds of £2 million (before expenses) through a placing of new Ordinary Shares at a placing price of 4 pence per share. Following Admission, the Company will have 55,000,000 Ordinary Shares in issue. ..."
https://www.lse.co.uk/rns/BWN/admission-to-trading-and-first-day-of-dealings-qlg7gauctarjylt.html
So its planned RTO is being priced at 3.75 times its IPO price: which for ARA would equate to a planned RTO at 37.5p/share.
The shell BWN suspended for a RTO just before Christmas, with the RTO being priced at a significant premium to BWN's s.p., and at multiples of BWN's IPO float price and cash:-
22nd Dec 2023 7:41 am RNS Proposed Acquisition and Suspension of Trading
"Proposed Acquisition and Temporary Suspension of Trading in the Company's Ordinary Shares
Bowen (LSE: BWN), a special purpose acquisition company formed to acquire businesses in the technology innovations sector with a focus on the financial services industry, is pleased to announce that it has signed conditional, non-legally binding heads of terms to acquire 93.49 per cent of the issued share capital of MINNADEOOYASAN-HANBAI Co., Ltd ("MOH") ("Acquisition").
About MOH
MOH is a leading crowdfunding services platform in Japan and solution provider for investors seeking returns from investment into real estate. ...
MOH is profitable, reporting EBITDA of JPY 519 million (c. £3.2 million) on revenues of JPY 5.6 billion (c. £34.3 million) in the year to 31 March 2023. In the six-month period to 30 September 2023, MOH management accounts reported (unaudited) EBITDA of JPY 2.1 billion (c. £11.6 million) on revenues of JPY 4.9 billion (c. £27.8 million). Unaudited net assets as at 30 September 2023 were JPY 4.8 billion (c. £26.4 million).
The directors of MOH are of the opinion that a listing by way of a reverse takeover of Bowen by MOH (the "Enlarged Group") will enhance its brand and profile in Japan and internationally, enable access to additional real estate portfolios internationally, thus diversifying risk, and access to fresh equity capital in the future to accelerate its growth strategy, particularly in the area of technology-related real estate.
The listing will also support MOH in attracting and retaining senior professionals both locally in Japan and internationally. Following the Acquisition, it is the intention of the Enlarged Group to grow its presence in the UK.
The Acquisition
The Company has entered into conditional, non-legally binding heads of terms with MOH and KBC to acquire 93.49 per cent of the issued share capital of MOH from KBC for a consideration of approximately £34.47 million to be satisfied through the issue of new ordinary shares of 1p each in the Company ("Ordinary Shares"), at a price of 15p per new Ordinary Share (the "Offer Price"). The Offer Price represents a premium of 25 per cent to the closing middle market price of 12p per Ordinary Share on 21 December 2023, being the closing middle market price the day prior to the release of this announcement. ...
It is currently anticipated by the directors of Bowen that on re-admission the market capitalisation of the Enlarged Group would be approximately £42.72 million, based on the Offer Price ..."
https://www.lse.co.uk/rns/BWN/proposed-acquisition-and-suspension-of-trading-qghyi71xia4nd10.html
"What’s Next for Renewable Energy? Trend Predictions for 2024
... Environmental Impact
1. Biodiversity and Ecosystem Considerations
The focus on the biodiversity and ecosystems is expected to intensify in 2024. This increased attention will likely lead to the implementation of more comprehensive environmental impact assessments and the adoption of best practices to minimize ecological disruption. Strategies may include the careful siting of renewable energy installations to avoid sensitive areas, the use of technology to mitigate impacts, and the integration of biodiversity conservation plans into project development. These efforts aim to balance the expansion of renewable energy with the preservation of natural habitats and biodiversity, ensuring sustainable and responsible energy development.
2. Carbon Footprint Reduction
The role of renewable energy in reducing the global carbon footprint is set to become increasingly significant in 2024. As nations strive to combat climate change, the adoption of renewable energy sources will be a critical factor in policy and investment decisions. The urgency is amplified by the volatility in the global energy market, influenced by economic challenges and energy supply crises. This context highlights the crucial role of renewable energy not only in reducing greenhouse gas emissions but also in providing a more stable and sustainable energy supply, aligning economic and environmental goals in the face of global challenges.
Conclusion
As we approach 2024, a landmark year for the renewable energy sector, we are witnessing emerging trends in the energy sector that are pivotal in shaping a more sustainable, energy-efficient, and environmentally conscious future. This pivotal moment marks a crucial shift towards embracing renewable energy as a core component of global energy strategies. It reflects a collective realization of the urgent need to address climate change and resource sustainability, encouraging innovative solutions and fostering a deeper commitment to preserving our planet for future generations.
BECIS is a sustainable energy solutions provider, partnering with experienced providers of Energy as a Service (EaaS) solutions. We offer a range of services, including solar energy, bioenergy, cooling, waste heat recovery, and energy analytics. Our tailored solutions help companies achieve their renewable energy goals, contributing to a cleaner and resilient energy system. Contact us today to learn more about our services."
https://be-cis.com/renewable-energy-trend-predictions/
"What’s Next for Renewable Energy? Trend Predictions for 2024
... Emerging Energy Market Dynamics
1. Developing Countries Leaping Forward
Developing countries are expected to rapidly adopt renewable energy, bypassing traditional fossil fuel infrastructures. This trend is driven by the declining costs and increasing accessibility of renewable technologies, along with growing international support for sustainable development initiatives. The adoption of renewables in these regions could significantly alter the global energy landscape, offering new opportunities for growth and innovation. Countries globally are seeking to invest in cost-effective renewable energy to address climate change, with a particular focus on reducing reliance on imported energy, especially in European countries and the US.
2. Decentralized Renewable Energy Systems
In 2024, decentralized renewable energy systems are poised to become more prevalent, especially in remote and rural areas. These systems offer a sustainable and reliable alternative to traditional grid-based energy, enhancing local resilience and reducing reliance on large infrastructure. Additionally, the demand for biofuels is expected to continue its upward trajectory, driven largely by the transportation sector. This growth is bolstered by supportive government policies in key global economies like the US, Brazil, Europe, India, and Indonesia, reflecting a broader commitment to diversifying energy sources and promoting sustainable fuel alternatives.
Consumer Trends and Awareness
1. Growing Consumer Demand
In 2024, the rise in consumer awareness and demand for renewable energy will likely be more pronounced. Driven by heightened awareness of climate change impacts and a surge in sustainable living practices. This shift is leading to more informed purchasing decisions, where eco-friendly and renewable energy options are preferred. Social media and influencer campaigns are further amplifying this trend, spreading awareness and encouraging sustainable lifestyle choices. Consequently, consumer preferences will increasingly influence market dynamics, prompting companies to adopt greener practices and technologies, and urging governments to implement more supportive policies for renewable energy.
2. Role of Digital Platforms
With the advent of smart home technologies and IoT devices, consumers will have greater control over their energy consumption. Apps and platforms that provide real-time data on energy usage, offer renewable energy alternatives, and even integrate gamification elements to encourage energy-saving behaviors are anticipated to become more popular. ... These platforms will likely evolve to include AI-driven recommendations for optimizing energy use, further promoting efficiency and sustainability. ..."
https://be-cis.com/renewable-energy-trend-predictions/
"What’s Next for Renewable Energy? Trend Predictions for 2024
... Sustainable Energy Policy Dynamics
1. Enhanced Government Support
Governments are expected to play a pivotal role in accelerating the transition to renewable energy. In 2024, we may see an increase in subsidies, tax incentives, and regulatory frameworks that are more favorable to renewable energy projects. These policies will be essential in encouraging the adoption of renewable technologies and attracting investments. China continues to lead in renewable energy, aiming to exceed its target of generating 33% of its electricity consumption from renewable sources by 2025, with significant developments in wind energy.
2. Grid Integration Initiatives
In 2024, the integration of renewable energy into existing power grids will be a key area of focus. Efforts will center on upgrading grid infrastructure to manage the variability of renewable sources effectively. This will include the implementation of advanced technologies like smart grids and distributed energy systems, which can enhance energy distribution and reliability. These initiatives are essential to ensure a stable and efficient energy system capable of handling an increased share of renewable energy, thereby facilitating a smoother transition towards a more sustainable energy future.
Renewable Energy Investment Trends
1. Corporate Investment Surge
Corporate investment in renewable energy is expected to rise significantly in 2024. More leading companies in key business sectors like food and beverage, textile, pharma, automotive, logistic are committing to renewable energy targets and investing in green energy projects as part of their sustainability strategies. This trend is driven by the growing recognition of the long-term benefits of renewable energy investments, both in terms of financial returns and corporate responsibility. The rising costs of materials, influenced by global market dynamics, could pose challenges for new renewable projects. However, the increase in the cost of fossil fuels and the need for energy security have kept renewable energy competitive in the market.
2. Expansion of Green Bonds and ESG Investments
The market for green bonds and Environmental, Social, and Governance (ESG) investments is anticipated to experience significant growth in 2024. This trend is indicative of a broader shift in the investment community towards sustainability and social responsibility. Investors are increasingly seeking opportunities that not only provide financial returns but also contribute positively to environmental and societal goals. This growing interest is likely to lead to more innovative financial products in the green bond and ESG sectors, offering diverse opportunities for investors to engage with and support sustainable initiatives worldwide. ..."
https://be-cis.com/renewable-energy-trend-predictions/
"What’s Next for Renewable Energy? Trend Predictions for 2024
As we head into 2024, the renewable energy sector is positioned at a critical and exciting juncture, characterized by emerging trends in renewable energy that bring both challenges and opportunities for innovation. Facing global issues such as climate change and dwindling natural resources, this sector emerges as a beacon of hope, offering viable solutions and showcasing a plethora of technological advancements and burgeoning investment opportunities. This blog post delves into the anticipated trends and transformative developments poised to shape the renewable energy landscape in 2024, reflecting a dynamic field that is rapidly evolving in response to the world’s pressing environmental and energy needs.
Sustainable Energy Technological Innovations
1. Green Hydrogen’s Emergence
In 2024, green hydrogen, produced from renewable sources, is expected to become increasingly vital as an energy carrier. We anticipate major advancements in electrolyzer technology, which will significantly improve the efficiency and reduce the cost of green hydrogen production. These developments are pivotal, as they will expand green hydrogen’s viability across various sectors, including industrial processes and transportation. This evolution marks an important step in diversifying renewable energy applications and highlights the potential of green hydrogen in the broader transition to sustainable energy systems.
2. Solar and Wind Energy Advancements
Solar and wind energy are poised for transformative enhancements. Bifacial solar panels that capture sunlight on both sides, and large-scale offshore wind turbines with gigawatt capacities, are just the tip of the iceberg. These advancements will allow for a more efficient capture of renewable resources, making solar and wind energy more viable and competitive with traditional energy sources. The growth of solar PV capacity is a notable trend, forecasted to surpass a terawatt of global solar power generation, accounting for a significant portion of renewable growth. Additionally, the share of offshore wind energy is expected to increase, with more countries, including Canada, the US, India, China, and the UK, expanding their offshore capabilities.
3. Breakthroughs in Energy Storage
The growth of renewable energy in 2024 will be closely tied to advancements in energy storage technologies. We’re likely to see the emergence of innovative storage solutions like solid-state batteries, which offer higher energy densities and longer lifespans compared to traditional lithium-ion batteries. Additionally, the development of gravity-based storage systems is expected to gain traction. These systems provide sustainable, long-term storage options, which are essential for managing the intermittent nature of renewable energy sources. ..."
https://be-cis.com/renewable-energy-trend-predictions/
Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
05-Jan-24 14:17:38 5.80 51,398 Buy* 5.00 6.00 2,981 O
05-Jan-24 12:46:23 5.25 50,000 Sell* 5.00 6.00 2,625 O
And a good first week of 2024 for ARA is rounded off today by a further rise: up another 0.25p (4.55%) to 5.75p (5p-6.5p).
Let's hope it continues!
Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
03-Jan-24 16:18:38 5.01 9,148 Sell* 5.00 6.00 458.31 O
03-Jan-24 11:17:03 5.90 20,170 Buy* 5.00 6.00 1,190 O
03-Jan-24 10:58:09 5.90 16,797 Buy* 4.50 6.00 991.02 O
A good start to 2024 for the ARA s.p., rising 0.25p (4.8%) to 5.5p (5p-6p), on a couple of decent buys.
ARA should be issuing a post year end operational update soon, as in 2023, and any indication of a RTO deal being close could potentially give quite a boost to the s.p. from this current lowly level.
16th Jan 2023 7:00 am RNS Post Year End Operational Update
https://www.lse.co.uk/rns/ARA/post-year-end-operational-update-f1xlki1k79z5hfg.html
Travelcard,
It's usually possible to deal inside the ARA spread, and sometimes well inside it.
And I buy shells with the intention of holding through suspension for the RTO.
After a RTO, a £1M. market cap. can be transformed overnight into a £100M. market cap., and the spread can shrink dramatically on increased liquidity.
Interesting how a couple of small buys can push the price up by nearly 5%.
Need to tighten that spread though, there should be a spread limit within which MM can operate. One of the worst parts of small cap investing.