Tuesday - June 10, 2025
Welcome to the Green Stock News brief for Monday February 10th. Here are today’s top headlines:
Rocket Lab (NASDAQ: RKLB) has successfully launched its 59th Electron mission, deploying five satellites for French IoT operator Kinéis from New Zealand. This marks Rocket Lab's first launch of the year and Kinéis' fourth mission, placing the satellites in a 647 km low Earth orbit. The Kinéis constellation aims to provide global IoT connectivity for applications like environmental monitoring, resource management, and logistics tracking.
Canadian Solar's (NASDAQ: CSIQ) e-STORAGE has signed a contract with Copenhagen Infrastructure Partners to deliver a 240 MW/960 MWh battery energy storage system for the Summerfield project in South Australia, set to begin construction in 2025. The project will help the state achieve 100% net renewable energy by 2027 by storing excess solar and wind power for peak demand periods.
Faraday Future (NASDAQ: FFIE) has announced that FF China will ship two FX 6 prototype mules to its Los Angeles headquarters for development and testing, marking a key step in the brand's plan to bring affordable AIEVs to market. Upon arrival, the models will undergo compliance validation and testing, with eventual assembly planned at the company's Hanford, CA facility.
Li-Cycle (NYSE: LICY) has partnered with major BESS companies across the U.S., recycling over 100 MWh of lithium-ion batteries in 2024, a 33% year-over-year increase. As the U.S. energy storage market is projected to nearly double by 2028, the company supports domestic energy independence by recovering critical materials.
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