Welcome to our dedicated page for NET POWER news (Ticker: NPWR), a resource for investors and traders seeking the latest updates and insights on NET POWER stock.
NET POWER INC (NPWR) delivers breakthrough clean energy solutions through its proprietary power generation technology that produces electricity from natural gas with near-zero emissions. This news hub provides investors and industry professionals with essential updates on technological advancements, strategic partnerships, and operational milestones.
Access timely press releases and verified news covering quarterly financial results, technology licensing agreements, emission reduction achievements, and regulatory developments. Our curated collection serves as a definitive resource for understanding NPWR's role in advancing sustainable power generation infrastructure.
All content undergoes rigorous verification to ensure accurate reporting on system deployments, research breakthroughs, and market expansion initiatives. Stay informed about developments in carbon capture efficiency improvements and utility-scale project implementations through our maintained news archive.
Bookmark this page for continuous access to NPWR's evolving position in the energy transition landscape. Combine strategic awareness with technical understanding through our organized repository of company communications and third-party analyses.
Net Power (NYSE: NPWR) reported its Q1 2025 financial results, highlighting a strong liquidity position with over $500 million in cash and investments. The company continues to advance its proprietary clean power plant technology through several key initiatives:
The company is working on cost reduction for Project Permian (SN1), their first commercial-scale facility, while progressing with permitting and community engagement. They're also conducting a modular multi-unit feasibility study to reduce future project costs and increase generation capacity. At their La Porte demonstration facility, testing Phases 1 and 2 are expected to complete in 2025, with Phases 3 and 4 scheduled for 2026 and 2027, despite some unplanned downtime for repairs.
Net Power (NYSE: NPWR) has announced its upcoming first quarter 2025 earnings release schedule. The company will publish its Q1 2025 business update after market close on Monday, May 12, 2025.
A conference call will follow on Tuesday, May 13, 2025 at 8:30 AM ET. Investors can access the live audio webcast through Net Power's investor relations website at ir.netpower.com. For phone participation, domestic callers can dial 877-407-8014, while international participants should use +1 201-689-8053. The company will make an archived version of the webcast available after the call.
Net Power (NYSE: NPWR) has announced significant leadership changes, with both President/COO Brian Allen and CFO Akash Patel departing the company effective May 1, 2025. Marc Horstman, previously Head of Product Development, has been appointed as the new Chief Operating Officer with immediate effect. Horstman joined Net Power in May 2023, bringing over 20 years of power sector experience.
CEO Danny Rice will expand his responsibilities, assuming the role of President and Interim Chief Financial Officer. In this expanded capacity, Rice will lead the company's future project funding initiatives. The leadership restructuring aims to better position Net Power to achieve its potential in delivering clean, firm power solutions.
Net Power (NYSE: NPWR) announced Q4 and full-year 2024 results, reporting significant challenges in its Project Permian development. The company completed Front-End Engineering and Design (FEED) but found costs substantially higher than expected, leading to a pause in long-lead releases and initiating a post-FEED optimization process.
The total installed cost for Project Permian is estimated between $1.7 billion and $2.0 billion, with project completion now projected no earlier than 2029. The company has launched a feasibility study for a modular multi-unit plant design targeting up to one gigawatt of power generation for 2030-2033 deployments.
Key operational highlights include:
- 140 fired hours achieved at La Porte demonstration facility
- Partnership with Baker Hughes and Woodside Energy for industrial-scale power solutions
- Strong liquidity position with $533 million in cash and investments at year-end 2024, down from $580 million last quarter
- Quarterly cash reduction primarily due to $13 million in operating outflows and $29 million in capital expenditures
Net Power (NYSE: NPWR) has announced it will release its fourth quarter and year end 2024 financial results before market open on Monday, March 10, 2025. The company will host a conference call at 8:30 AM ET to discuss the results. Investors can access the live audio webcast through Net Power's investor relations website at ir.netpower.com. For phone participation, participants can dial 877-407-8014 (domestic) or +1 201-689-8053 (international). An archived version of the webcast will be available after the call.
Carbon TerraVault (CTV) and Net Power (NYSE: NPWR) have signed a Memorandum of Understanding to develop ultra-low emission power plants in California. The partnership aims to deploy up to 1 gigawatt of power capacity in Northern California, with potential to sequester 3.6 million metric tons of CO2 emissions annually.
The collaboration involves building Net Power's modular plants near CTV's underground storage vaults to reduce transportation costs. Each plant will require less than 20 acres, generate up to 250 megawatts, and eliminate substantially all carbon emissions. The project will support California's air quality standards and emissions goals while providing reliable energy sources.
Net Power (NYSE: NPWR) reported Q3 2024 results, highlighting progress in commercializing their clean power solution. Key developments include: commencing Baker Hughes equipment validation at La Porte facility, advancing FEED work for Project Permian (their first utility-scale project), signing a $90 million LNTP with Baker Hughes for long-lead materials, and announcing Air Liquide as ASU supplier. The company ended Q3 with approximately $580 million in cash and investments, down from $609 million in Q2. Cash flow used in operations was $8 million, while capital expenditures were $22 million.
NET Power Inc. (NYSE: NPWR) has announced its schedule for reporting third quarter 2024 financial results. The company will release its financial report after the market closes on Monday, November 11, 2024. Following this, NET Power will host a conference call to discuss the results on Tuesday, November 12, 2024, starting at 8:30 AM ET.
Investors and interested parties can access the live audio webcast of the conference call through NET Power's investor relations website at ir.netpower.com. For those who prefer to participate by phone, the company has provided dial-in numbers: 877-407-8014 for domestic callers and +1 201-689-8053 for international callers. An archived version of the webcast will be made available after the call for those unable to attend live.
NET Power Inc. (NYSE: NPWR) reported its Q2 2024 results and provided a business update. Key highlights include:
1. Continued site work at La Porte demonstration facility for upcoming equipment validation campaigns.
2. Advanced FEED work for Project Permian, the first utility-scale project in West Texas.
3. Accelerated prospecting and site evaluation for multiple originated projects in North America.
4. Filed interconnection application with MISO for OP1, the company's first originated project.
5. Cash flow used in operations was ~$8 million, with another ~$8 million used for capital expenditures.
6. Ended Q2 2024 with ~$609 million in total cash, cash equivalents, and investments, down from ~$626 million in Q1 2024.
The company remains on track for key milestones, including the start of equipment validation testing in Q4 2024 and the completion of Project Permian FEED in Q4 2024.
NET Power Inc. (NYSE: NPWR) has announced its schedule for the second quarter 2024 earnings release and conference call. The company will report its financial results after market close on Monday, August 12, 2024. A conference call to discuss these results is scheduled for Tuesday, August 13, 2024, at 8:30 AM ET.
Investors and interested parties can access the live audio webcast of the conference call through NET Power's investor relations website at ir.netpower.com. For those who prefer to participate by phone, the dial-in numbers are 877-407-8014 (domestic) and +1 201-689-8053 (international). An archived version of the webcast will be made available following the call for those unable to attend live.
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