Welcome to our dedicated page for Vivopower International Plc news (Ticker: VVPR), a resource for investors and traders seeking the latest updates and insights on Vivopower International Plc stock.
VivoPower International PLC (NASDAQ: VVPR) generates news across sustainable energy solutions, electric mobility, digital infrastructure, and digital assets. Company announcements describe a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia, and highlight three core business units: Tembo, Caret Digital, and Vivo Federation. News items frequently reference the company’s Power-to-X strategy and its focus on Sovereign AI computing, where power, land, and compute infrastructure are combined for energy-intensive applications.
On this page, readers can follow updates on Tembo, VivoPower’s electric mobility subsidiary that provides 100% electric utility vehicles and electrification solutions for ruggedized and customized fleet applications. Recent releases have covered distribution and assembly agreements in regions such as East Africa, as well as progress in markets including Africa, Australia, and the Philippines.
News related to Caret Digital often involves power-to-x initiatives, digital asset mining, and AI data center infrastructure projects, including references to energized data center facilities powered by renewable energy and plans to develop Sovereign AI hubs. These stories provide insight into how VivoPower seeks to pair low-cost, sustainable power with compute-intensive workloads.
Updates on Vivo Federation, the company’s digital asset arm, focus on XRPL-based real-world blockchain applications and exposure to Ripple Labs shares and XRP tokens. Announcements have included joint venture agreements with asset managers and partnerships aimed at building XRP-focused digital asset reserves and tokenization projects.
Investors and observers can use this news feed to review corporate developments such as advisory council appointments, strategic refocus announcements, digital treasury initiatives, and regulatory or governance updates disclosed through press releases and SEC-related communications.
VivoPower International PLC (NASDAQ: VVPR) has announced an earnings conference call scheduled for August 24, 2020, at 16:30 EDT. The call will be led by Kevin Chin, Executive Chairman and CEO, along with other company leaders. Interested participants must register via the provided link. The call will also be recorded and accessible on the company’s investor relations website.
VivoPower specializes in solar energy and critical power services, offering solutions for energy generation and distribution to various commercial and industrial clients.
VivoPower International PLC (NASDAQ: VVPR) announced that its Australian subsidiary, J.A. Martin Electrical Pty Limited, secured a contract with Carroll Cotton Company. The contract, valued at AUD$20 million, involves engineering, switchboards, and installation for a new cotton gin in New South Wales. The project is set for completion by March 2021 and will enable the gin to produce 100,000 tonnes of cotton annually, representing 10% of Australia's total crop. This contract strengthens J.A. Martin's role in the solar and electrical power sector within the Australian agriculture industry.
VivoPower International PLC (NASDAQ: VVPR) announced it will release its full-year results for the fiscal year ending June 30, 2020, on August 24, 2020, at 09:00 EDT. An earnings conference call hosted by Executive Chairman Kevin Chin is scheduled for the same day at 16:30 EDT. The company has also unveiled a new logo and updated website to enhance its brand presence. VivoPower specializes in solar and critical power services, focusing on energy infrastructure solutions for commercial and industrial sectors.
VivoPower International PLC (NASDAQ: VVPR) announced that its subsidiary Aevitas Group held an extraordinary meeting where 100% of exchangeable preference shareholders and noteholders approved a reconstitution of securities. This change will convert exchangeable preference shares and notes into non-dilutive preference shares, offering a 7% cumulative coupon. Key benefits include a 12.9% reduction in potential dilution for ordinary shareholders and a debt reduction of A$36.1 million (US$24.9 million) for Aevitas, simplifying the capital structure.
VivoPower International PLC (NASDAQ: VVPR) announced the approval of restricted stock units (RSUs) and performance stock units (PSUs) for its directors, including Executive Chairman and CEO Kevin Chin. The RSUs, totaling 260,458, are granted as an alternative to cash fees and will vest in one year, except for Chin's RSUs, which vest over four years. Additionally, Chin will receive 110,020 shares for deferred fees and 261,600 PSUs linked to performance criteria. The compensation plans were advised by a top compensation advisory firm.
VivoPower International PLC (VVPR) has regained compliance with Nasdaq Listing Rule 5550(a)(2) after maintaining a closing bid price above $1.00 per share for sufficient business days. The company's share price surged by 68% from June 1, 2020, closing at $1.60 on June 17, 2020. This is a noteworthy achievement ahead of resuming Nasdaq's price requirements on July 1, 2020. Additionally, the average daily turnover exceeded 1 million shares, tripling its usual volume, indicating increased investor interest.
VivoPower International PLC (Nasdaq: VVPR) has announced the completion of the 89 MWdc Goonumbla Solar Farm in New South Wales through its subsidiary, J.A. Martin Electrical Pty Limited. The project, in partnership with Grupo Gransolar, will generate around 195,000 MWh of clean energy annually, sufficient to power 45,000 homes and reduce carbon emissions by 140,000 tonnes. This initiative is under a power purchase agreement with Snowy Hydro Limited, marking a significant milestone as the largest solar project completed by J.A. Martin.