Welcome to our dedicated page for Devvstream news (Ticker: DEVS), a resource for investors and traders seeking the latest updates and insights on Devvstream stock.
DevvStream Corp (DEVS) is a technology leader in ESG solutions, specializing in carbon credit generation and renewable energy projects. This page provides official updates on the company’s initiatives, offering stakeholders a centralized resource for tracking its environmental impact and market developments.
Access verified information on DEVS’s latest project launches, regulatory milestones, and strategic partnerships. Our news collection features press releases covering carbon sequestration advancements, solar/hydroelectric energy certificates (I-RECs), and compliance with international frameworks like the Paris Agreement’s Article 6.
Key updates include earnings reports, technology deployments, and collaborations with governments or corporations. Each announcement is curated to help investors and sustainability professionals understand DEVS’s role in bridging ecological responsibility with financial viability.
Bookmark this page for real-time insights into how DevvStream transforms environmental challenges into scalable solutions through cutting-edge technology and rigorous project management standards.
DevvStream Corp (NASDAQ: DEVS) has signed a Memorandum of Understanding (MoU) with Fayafi Investment Holding to establish Fayafi x DevvStream Green Ventures, a joint venture focused on global decarbonization and climate infrastructure projects. The venture will combine DevvStream's operational expertise with Fayafi's capital resources and network.
Key details include:
- Initial funding commitment of $100 million
- Ownership structure: 80% Fayafi, 20% DevvStream
- Expected firm agreements in Q2 2025
- Initial project deployments targeted for Q3/Q4 2025
The capital-light model enables DevvStream to expand its global presence while generating recurring revenue from project management, consulting, and carbon monetization with minimal upfront investment. DevvStream will lead technical operations while Fayafi serves as the financial and strategic engine.
DevvStream (NASDAQ: DEVS) announced that its affiliate Monroe Sequestration Partners, in which it holds a 50% stake, has signed a Collaboration Agreement with Southern Energy for a major carbon capture project in Louisiana. The partnership involves Southern Energy's planned $1 billion biomass-to-fuel facility that will produce methanol and sustainable aviation fuel (SAF), expected to be operational in 2028.
Monroe will provide permanent CO₂ sequestration through its Class VI storage site, scheduled to begin operations in 2027. The collaboration aims to generate high-quality carbon credits and support global decarbonization mandates in aviation and maritime transport industries. Additional definitive binding agreements are expected in Q2 2025.
DevvStream (NASDAQ: DEVS), a carbon management firm, has received an additional $218,000 investment from its Chairman Carl Stanton and Director Wray Thorn through a 5.30% Secured Convertible Note due November 2026.
The investment aims to support the company's expansion into energy transition markets, grow partnerships, and strengthen its position in the carbon offset market. Both investors are co-founders of Focus Impact Partners.
DevvStream (NASDAQ: DEVS) has announced a significant expansion of its e-commerce sustainability strategy through new partnerships to accelerate adoption of its D-PIVOT carbon offset tool. The tool, available on Shopify, allows consumers to offset their online purchases' carbon footprint by supporting verified environmental projects.
The company has formed strategic partnerships with Zing (e-commerce marketing/software) and Minimus Fulfillment (3PL provider) to drive rapid scale across the Shopify ecosystem, which powers approximately 28% of U.S. online stores. This initiative targets the growing U.S. 3PL market, which generated $299.5 billion in 2023 and is projected to exceed $350 billion by 2030, alongside the digital advertising agency market, expected to reach $52.4 billion in 2024.
Through these partnerships, DevvStream aims to embed sustainability into online transactions at scale, leveraging its inventory of several million high-quality carbon credits while providing businesses with a seamless sustainability solution for environmentally conscious customers.
DevvStream (NASDAQ: DEVS) has been accepted into the Singapore Carbon Market Alliance (SCMA), an invitation-only platform developed by the Singapore Economic Development Board with IETA. The SCMA focuses on high-integrity carbon credits aligned with Article 6 of the Paris Agreement, enabling trading with nations that have implementation agreements with Singapore.
Singapore currently maintains Article 6 implementation agreements or MOUs with over 24 nations, including Indonesia, Philippines, and Brazil. Through SCMA membership, DevvStream aims to achieve Eligible Entity status, which would enable direct carbon credit sales to the Singaporean government and create opportunities for trading international renewable energy certificates (I-RECs).
The company plans to generate carbon credits from emission reduction projects in nations with Singapore implementation agreements. Following COP29's authorization of emissions trading under Article 6.4, DevvStream expects Article 6-compliant credits to trade at substantial premiums compared to the Voluntary Carbon Market.
DevvStream Corp. (NASDAQ: DEVS) received a notice from Nasdaq on January 22, 2025, indicating non-compliance with Listing Rule 5250(c)(1) due to failing to file its Form 10-Q for the period ended September 30, 2024. The company promptly addressed this by filing the required Form 10-Q on January 23, 2025.
The notice has no impact on the listing or trading of DevvStream's securities on Nasdaq. Due to the swift filing response, the company does not expect to submit a compliance plan within the standard 60-day requirement. Additionally, DevvStream announced it is finalizing its 10-K and Form S-1 filings, which are expected to be submitted soon.
DevvStream (NASDAQ: DEVS) has launched DevvStream for Commerce, a new business line focusing on B2B and B2B2C carbon offset sales. The company's first application, D-PIVOT (DevvStream Personal Impact Voluntary Offset Tool), integrates with Shopify storefronts to allow consumers to purchase carbon offsets during checkout to counterbalance shipping emissions.
The initiative partners with Minimus Fulfillment, a logistics company whose clients are 95% Shopify-based. D-PIVOT is free for Shopify stores, offering vendors a revenue share from offset sales. The tool responds to significant e-commerce growth (16.2% of total US sales in Q3 2024) and addresses transportation emissions, which generate nearly 30% of US greenhouse gases.
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