Broker hails EnergyPathways' alliance with Siemens
SP Angel's take on EnergyPathways PLC (AIM:EPP) is that the company has landed an important early-stage partner. The £12 million developer has signed a non-binding cooperation agreement with Siemens Energy covering long-duration energy storage, specifically compressed air systems that can soak up excess wind power and release it when needed.
EnergyPathways rises after striking Siemens Energy storage deal
EnergyPathways PLC (AIM:EPP) shares jumped as much as 10% on Wednesday after the company unveiled a partnership with Siemens Energy to develop long-duration energy storage aimed at helping the grid cope with the swings of renewable generation. The AIM-quoted group has signed a non-binding cooperation agreement with the German engineering giant to advance Compressed Air Energy Storage, a technology that uses surplus power to force air into underground caverns, releasing it later to drive turbines when demand is higher.
EnergyPathways strikes Siemens Energy deal on long-duration storage
EnergyPathways PLC (AIM:EPP) has teamed up with Siemens Energy to explore a new generation of long-duration energy storage that could help smooth out the peaks and troughs of renewable power. The company, which is listed on London's junior AIM market, said it had signed a non-binding cooperation agreement with the German engineering group to work on Compressed Air Energy Storage, a system that stores surplus electricity by using it to compress air underground.
MESH project gains traction with Siemens Energy - ICYMI
EnergyPathways PLC (AIM:EPP) CEO Ben Clube talked with Proactive about a new collaboration with Siemens Energy to advance the MESH integrated energy storage project. This marks a significant milestone for the company as Siemens Energy begins feasibility and engineering design work focused on long-duration energy storage and compressed air storage components.
EnergyPathways shares surge 53% on Siemens Energy partnership for MESH project
Shares in EnergyPathways PLC (AIM:EPP) soared as much as 53% in afternoon trading on Monday after the company revealed Siemens Energy will lead a feasibility study for its flagship MESH energy storage project. The MESH project aims to combine offshore hydrogen, compressed air, and gas storage, delivering low- or zero-carbon electricity to the UK grid and enhancing the country's energy flexibility.
EnergyPathways brings on board Siemens Energy to advance UK's largest integrated energy storage project
EnergyPathways PLC (AIM:EPP) has taken a significant step in its drive to become a leader in grid-scale energy storage, announcing Siemens Energy will conduct a feasibility assessment for its flagship MESH project. MESH aims to integrate offshore hydrogen, compressed air, and gas storage to deliver low- to zero-carbon power to the UK grid, supporting the transition to a renewables-driven energy system.
EPP: Searching For Yield And Stability
The iShares MSCI Pacific Ex. Japan ETF (EPP) invests in over 90 companies in developed Pacific markets, excluding Japan, with a 0.48% management fee. This ETF offers a 3.7% dividend yield and lower valuation, making it a safer option against potential sell-offs in growth and tech stocks in 2025-2026. The ETF primarily tracks the MSCI Pacific Ex. Japan Index, heavily weighted in banking, materials, and industrials, which constitute over 60% of the index.
Disc Medicine: Hematological Disorders Treatment Advances With DISC-0974 Progress
Disc Medicine, Inc. released positive results from the phase 2 AURORA study, using bitopertin for the treatment of patients with EPP and XLP. Potential FDA feedback to initiate a pivotal study using bitopertin for the treatment of patients with EPP and XLP expected in the 2nd half of 2024. Results from the phase 1/2 study, using DISC-0974 for the treatment of patients with NDD-CKD, expected in the 2nd half of 2024.
