NET Power Inc. develops low-carbon gas power technology and project-development plans built around the proprietary NET Power Cycle. The company describes the system as a way to transform natural gas into clean firm power while capturing emissions, and its updates commonly address commercial deployment, utility-scale plant development, technology partnerships and project-level financing.
NPWR news also includes earnings releases and business updates, conference-call schedules, capital-structure disclosures, governance changes and executive appointments. Company communications frequently connect operating progress with financial resources, power-market demand and the development requirements for new clean gas power facilities.
Net Power (NPWR) plans to release third-quarter 2026 financial results and a business update after market close on November 12, 2026.
A conference call will follow on November 13, 2026, at 8:30 AM ET. A live audio webcast will be available at ir.netpower.com, with an archived webcast available after the call.
Standard Lithium (SLI) appointed Ralph Alexander as an independent member of its Board of Directors, effective immediately.
Alexander served as Talen Energy's chief executive officer from 2016 to 2021 and chairman through 2023. He was a managing director and partner at Riverstone Holdings from 2007 to 2016 and spent nearly 25 years at BP. He currently serves as an independent director of NET Power.
In connection with the appointment, Standard Lithium will grant Alexander 300,000 incentive stock options. They will vest immediately and be exercisable for 60 months at the US dollar closing price on NYSE American on the grant date.
Net Power (NPWR) has closed the acquisition of EMPower USA’s position under an EPC agreement covering 123 MW of new natural gas power generation equipment for Project Permian. The deal was completed on August 31, 2026, following a prior deposit and exclusivity agreement dated August 24, 2026.
The acquisition gives Net Power the contractual rights and post-closing commitments under Saulsbury Industries’ EPC contract for an approximately 123 MW reciprocating-engine facility, which Saulsbury will relocate and build at Project Permian in West Texas. Net Power also obtains specified rights and benefits in the related equipment-supply agreement under which Wärtsilä North America will provide ten reciprocating engine‑generator sets totaling 123 MW. With this transaction, Net Power’s total potential power generation capacity for the first phase of Project Permian rises to nearly 200 MW.
Net Power (NYSE: NPWR) announced two agreements supporting its power-first strategy for large-load customers and the first phase of Project Permian in Texas. The company secured rights to acquire 123 MW of new gas-fired power generation equipment via a deposit and exclusivity agreement tied to a third party’s EPC position. Upon closing, this would raise Net Power’s total potential capacity for Project Permian’s first phase to nearly 200 MW.
Net Power has made a $20 million deposit, to be credited toward the purchase price at closing, which is expected in the third quarter subject to consents, documentation, and other conditions. A separate cost reimbursement agreement with a prospective customer allows reimbursement of specified third-party costs, subject to an aggregate cap, without obligating either party to purchase power.
Net Power (NYSE: NPWR) reported second quarter 2026 results and outlined a shift in commercial strategy toward fast-to-deploy, unabated natural gas power generation to meet near-term demand from AI and data center load growth. Carbon capture is being retained as an optional later-phase add-on as customer needs and financing evolve.
The company is advancing Project Permian, having contracted two modular gas turbine generator sets totaling about 68 MW and evaluating additional units. Net Power held $310 million in cash, cash equivalents, and investments as of June 30, 2026, and expects existing liquidity to fund obligations for 12 months, assuming no new pre-FID equipment commitments. Net Power and Entropy are discussing new commercial arrangements after a prior letter of intent expired, and no project-level financing, customer deposits, or partner capital for Project Permian have been committed to date.
Occidental (NYSE: OXY) appointed Brad Pollack as Senior Vice President and General Counsel, effective August 1, 2026, to lead the company’s global legal department. Pollack succeeds Sylvia Kerrigan in a planned transition and currently serves as Vice President and Deputy General Counsel.
Kerrigan will remain Senior Vice President and Chief Legal Officer through the end of 2026 and act as a senior strategic adviser through 2027. According to Occidental, Kerrigan’s team supported strategic moves such as the CrownRock acquisition and OxyChem divestiture, liability reduction, and balance sheet strengthening.
Net Power (NYSE: NPWR) will release its second quarter 2026 financial results and provide a business update after market close on Thursday, August 13, 2026. The company will host a conference call on Friday, August 14, 2026 at 8:30 AM ET, accessible via live audio webcast on its investor relations website and by domestic and international dial-in numbers.
Net Power (NYSE: NPWR) reported first quarter 2026 results and a business update. The company is advancing its Project Permian Phase I clean firm power plant in West Texas, targeting 80MW using Siemens A35 turbines with Entropy’s post-combustion carbon capture technology.
Net Power engaged a strategic advisor to support power offtake negotiations and a long-term PPA, a key step toward project financing and a final investment decision expected in the second half of 2026. Targeted commercial operations are by early 2029. The company is also progressing diligence toward a joint development agreement with Entropy to deploy PCC-equipped natural gas generation across the U.S. and ended the quarter with about $319 million in cash, cash equivalents, and investments.
Net Power (NYSE: NPWR) will release its first quarter 2026 business update after market close on Monday, May 11, 2026, and will host a conference call on Tuesday, May 12, 2026 at 8:30 AM ET.
Investors can access a live audio webcast at ir.netpower.com or join by phone at 877-407-8014 (domestic) or +1 201-689-8053 (international). An archived webcast will be available after the call.
Net Power (NYSE: NPWR) named Lee Shuman as Chief Financial Officer effective April 13, 2026. Mr. Shuman brings a 25-year finance career and has led financing for over $10 billion in power-related transactions across thermal, renewable, and distributed energy.
He will lead the company’s financing strategy with emphasis on project-level financing to support commercial deployment of clean gas power plants. Danny Rice remains CEO and will continue as principal financial officer for SEC purposes until the company files its Form 10-Q for the quarter ended March 31, 2026.