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The latest update is out from Charwood Energy S.A ( (FR:ALCWE) ).
Charwood Energy reported a 19% increase in revenue for 2024, driven by its bespoke biomass energy solutions for third parties. Key developments include a strategic partnership with Schmid Energy Solutions and a significant corporate PPA with Verallia France for a syngas production plant. The company is adjusting its strategy to balance third-party services and proprietary energy sales, aiming for sustainable growth and increased revenue visibility.
More about Charwood Energy S.A
Charwood Energy is a French company specializing in the design, installation, and maintenance of biomass renewable energy solutions. The company is involved in various biomass recovery technologies, including heating, anaerobic digestion, and pyrogasification. Since 2019, Charwood Energy has been focusing on pyrogasification technology to produce and sell green gas, biochar, and carbon credits. It is listed on Euronext Growth® Paris and recognized as an ‘Innovative Company’ by Bpifrance.
YTD Price Performance: 69.57%
Average Trading Volume: 1,208
Technical Sentiment Consensus Rating: Sell
See more insights into ALCWE stock on TipRanks’ Stock Analysis page.