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0.00346020761245683 0.00346020761245683 0.0190311418685122 0.0121107266435987 -0.0363321799307958 -0.0346020761245675 -0.129757785467128 -0.131678200692042
Stock impact report

VivoPower International PLC Announces Rebrand and Power-to-X Strategy for U.S. Solar Business

VivoPower International PLC - Ordinary Shares (VVPR) 
US:NASDAQ Investor Relations: vivopower.com/shareholders
Company Research Source: GlobeNewswire
LONDON, Aug. 23, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (“VivoPower,” the “Company”) is pleased to advise that the Company has rebranded its U.S. solar development unit, formerly known as Innovative Solar Ventures I LLC, renaming the business Caret LLC (“Caret”) coupled with a new Power-to-X strategy for the business unit, in order to maximize value with a view to a future potential exit (as has been previously announced). Caret comprises 12 development stage solar projects totaling 682 MW-DC, of which 11 are in Texas and one is in New Mexico. The projects are geographically diversified and strategically located in areas with relatively low solar project penetration. Each of the Caret projects has reached mid- to late-stage development status, with major interconnection and environmental studies completed and land secured for up to 40 years. Since taking over full economic and management control of the Caret projects, the VivoPower team has been able t Show less Read more
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