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Category: Energy

  • MIL-OSI: Nasdaq Announces Results from 2025 Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    All 12 Nominated Directors Elected

    Nasdaq Board Re-elects Adena T. Friedman as Chair of the Board

    NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) shareholders elected all nominated directors at the company’s Annual Meeting of Shareholders on Wednesday, June 11, 2025. All directors will serve one-year terms. The elected board members are:

    • Melissa M. Arnoldi, EVP and General Manager for Business Solutions, AT&T Inc.
    • Charlene T. Begley, Retired SVP and CIO, General Electric Company
    • Adena T. Friedman, Chair and CEO, Nasdaq
    • Essa Kazim, Governor, Dubai International Financial Centre
    • Thomas A. Kloet, Retired CEO and Executive Director, TMX Group Limited
    • Kathryn A. Koch, President and CEO, The TCW Group, Inc.
    • Holden Spaht, Managing Partner, Thoma Bravo
    • Michael R. Splinter, Retired Chairman and CEO, Applied Materials, Inc.
    • Johan Torgeby, President and CEO, Skandinaviska Enskilda Banken (SEB)
    • Toni Townes-Whitley, CEO, Science Applications International Corp. (SAIC)
    • Jeffery W. Yabuki, Chairman and CEO, InvestCloud; Chairman and Founding Partner, Motive Partners
    • Alfred W. Zollar, Former Executive Partner, Siris Capital Group, LLC

    The Nasdaq Board of Directors also re-elected Adena T. Friedman as Chair of the Board for a one-year term.

    In addition, Nasdaq shareholders approved the following proposals:

    • The company’s executive compensation on an advisory basis;
    • Ratification of the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2025; and
    • An amendment to Nasdaq’s Amended and Restated Certificate of Incorporation to allow for the limited exculpation of officers of Nasdaq.

    For additional information on Nasdaq’s corporate governance, please visit: https://ir.nasdaq.com/corporate-governance/nasdaq-inc/board-of-directors.

    About Nasdaq:

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Nasdaq Media Contact:

    Nick Jannuzzi
    +1.973.760.1741
    Nicholas.Jannuzzi@Nasdaq.com

    Investor Relations Contact:

    Ato Garrett
    +1.212.401.8737
    Ato.Garrett@Nasdaq.com

    -NDAQF-

    The MIL Network –

    June 17, 2025
  • MIL-OSI: Zeo Energy Corp. Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    NEW PORT RICHEY, Fla., June 16, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2025.

    Recent Operational Highlights

    • Entered into a definitive agreement to acquire Heliogen, a provider of on-demand clean energy technology solutions, allowing the company to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers.
    • Recruited and retained adequate staff ahead of the peak summer sales season.

    Management Commentary
    “In the first quarter of 2025, we continued to navigate the challenging solar market and successfully generated $8.8 million of revenue,” said Zeo Energy Corp. CEO Tim Bridgewater. “As announced last month, we were able to take advantage of the softer sector conditions by entering into a definitive agreement to acquire Heliogen. We believe that this proposed acquisition positions us to expand beyond traditional residential solar and into adjacent clean energy verticals with long-term upside. This move will also enhance our balance sheet and diversify our revenue base going forward.”

    “As anticipated, in Q1 we experienced a slowdown due to the seasonality of our intensive summer sales model. This slowdown was exacerbated by the current high-interest rate environment. We’ve maintained our strategic focus during this period, streamlining operations and strengthening our sales team ahead of the critical summer season that is now underway. Looking ahead, we remain confident in our full-year outlook. We expect meaningful improvement in the latter half of the year as market activity increases.”

    First Quarter 2025 Financial Results

    Results compare the 2025 first quarter ended March 31, 2025 to the 2024 first quarter ended March 31, 2024.

    • Total revenue was $8.8 million in Q1 2025, a 56.4% decrease from $20.1 million in the comparable 2024 period. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar direct sales.
    • Gross profit decreased to $3.8 million (43.0% of total revenue) in Q1 2025 from $6.0 million (29.9% of total revenue) in the comparable 2024 period. The decrease was driven in part by the decrease in sales compared to the prior period. The improvement in gross profit as a percentage of revenue was the result of improved operational efficiencies in labor and a reduction in materials costs.
    • Net loss for Q1 2025 was $13.3 million compared to $4.1 million in the comparable 2024 period. The decrease is primarily due to a decrease in overall sales for the period.
    • Adjusted EBITDA, a non-GAAP measurement of operating performance reconciled below, decreased to $(6.4) million (72.3% of total revenue) in Q1 2024 from approximately $(0.5) million (2.3% of total revenue) in the comparable 2024 period. The change was primarily related to the change in net loss.

    For more information, please visit the Zeo Energy Corp. investor relations website at investors.zeoenergy.com.

    About Zeo Energy Corp.

    Zeo Energy Corp. is a Florida-based provider of residential solar, distributed energy, and energy efficiency solutions. Zeo focuses on high-growth markets with limited competitive saturation. With its differentiated sales approach and vertically integrated offerings, Zeo, through its Sunergy Solar business unit, serves customers who desire to reduce high energy bills and contribute to a more sustainable future. For more information on Zeo Energy Corp., please visit www.zeoenergy.com.

    Non-GAAP Financial Measures

    Adjusted EBITDA
    Zeo Energy defines Adjusted EBITDA, a non-GAAP financial measure, as net income (loss) before interest and other expenses, net, income tax expense, and depreciation and amortization, as adjusted to exclude stock-based compensation. Zeo utilizes Adjusted EBITDA as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of Zeo’s results of operations to other companies in the industry. Adjusted EBITDA should not be viewed as a substitute for net loss calculated in accordance with GAAP, and other companies may define Adjusted EBITDA differently.

    The following table provides a reconciliation of net income (loss) to Adjusted EBITDA for the periods presented:

           
      Three months Ended March 31,  
        2025       2024    
    Net income (loss)   $ (13,319,363 )     $ (4,107,102 )  
    Adjustment:                
    Other income, net     (82,363 )       0    
    Change in fair value of warrant liabilities     (663,449 )       138,000.00    
    Interest expense     30,277         35,222    
    Income tax benefit     523,500         (114,668.00 )  
    Stock compensation     2,257,139         3,118,584.00    
    Depreciation and amortization     4,900,729         459,529    
                     
    Adjusted EBITDA     (6,353,530 )       (470,435 )  
                     
    Net income (loss) margin     (151.6 ) %     (20.4 ) %
                     
    Adjusted EBITDA margin     (72.3 ) %     (2.3 ) %
                     

    Adjusted EBITDA Margin

    Zeo Energy defines Adjusted EBITDA margin, a non-GAAP financial measure, expressed as a percentage, as the ratio of Adjusted EBITDA to revenue, net. Adjusted EBITDA margin measures net income (loss) before interest and other expenses, net, income tax expense, depreciation and amortization, as adjusted to exclude stock-based compensation and is expressed as a percentage of revenue. In the table above, Adjusted EBITDA is reconciled to the most comparable GAAP measure, net income (loss). Zeo utilizes Adjusted EBITDA margin as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of the Company’s results of operations to other companies in Zeo’s industry.

    The following table sets forth Zeo’s calculations of Adjusted EBITDA margin for the periods presented:

           
      Three months Ended March 31,  
        2025       2024    
    Total Revenue   $ 8,783,695       $ 20,142,156    
                     
    Adjusted EBITDA     (6,353,530 )       (470,435 )  
                     
    Adjusted EBITDA margin     (72.3 ) %     (2.3 ) %
                     

    Forward-Looking Statements

    This news release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to the Company. Such statements may include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the future financial performance of the Company; the ability to effectively consolidate the assets of Lumio and produce the expected results; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, the ability to raise additional funds, and plans and objectives of management. These forward-looking statements are based on information available as of the date of this news release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date, and the Company does not undertake any obligation to update such forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, the Company’s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the outcome of any legal proceedings that may be instituted against the Company or others; (ii) the Company’s success in retaining or recruiting, or changes required in, its officers, key employees, or directors; (iii) the Company’s ability to maintain the listing of its common stock and warrants on Nasdaq; (iv) limited liquidity and trading of the Company’s securities; (v) geopolitical risk and changes in applicable laws or regulations, including tariffs or trade restrictions; (vi) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (vii) operational risk; (viii) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on the Company’s resources; (ix) the Company’s ability to effectively consolidate the assets of Lumio and produce the expected results; and (x) other risks and uncertainties, including those included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2024 and in its subsequent periodic reports and other filings with the SEC.

    In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company, its respective directors, officers or employees or any other person that the Company will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this news release represent the views of the Company as of the date of this news release. Subsequent events and developments may cause that view to change. However, while the Company may elect to update these forward-looking statements at some point in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of the Company as of any date subsequent to the date of this news release.

    Zeo Energy Corp. Contacts

    For Investors:
    Tom Colton and Greg Bradbury
    Gateway Group
    ZEO@gateway-grp.com

    For Media:
    Zach Kadletz
    Gateway Group
    ZEO@gateway-grp.com

    -Financial Tables to Follow-

    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited)
     
        As of March 31,   As of December 31,  
          2025       2024    
    Assets              
    Current assets              
    Cash and cash equivalents   $ 2,894,103     $ 5,634,115    
    Accounts receivable, including $286,103 and $191,662 from related parties, net of allowance for credit losses of $4,703,905 and $1,165,336, as of March 31, 2025 and December 31, 2024, respectively     4,999,508       10,186,543    
    Inventories     847,395       872,470    
    Contract assets     577,398       64,202    
    Prepaid expenses and other current assets     936,673       2,131,345    
    Total current assets     10,255,077       18,888,675    
    Other assets     113,591       314,426    
    Property, equipment and other fixed assets, net     2,629,283       2,475,963    
    Right of use operating lease assets     1,087,496       1,268,139    
    Right of use financing lease assets     412,893       447,012    
    Intangibles, net     2,938,804       7,571,156    
    Note receivable – related party     3,000,000       3,000,000    
    Goodwill     27,010,745       27,010,745    
    Total assets   $ 47,447,889     $ 60,976,116    
                   
    Liabilities, redeemable noncontrolling interest and stockholders’ (deficit) equity        
    Current liabilities              
    Accounts payable   $ 3,569,632     $ 2,780,885    
    Accrued expenses and other current liabilities, including $2,320,129 and $3,359,101 with related parties at March 31, 2025 and December 31, 2024, respectively     6,581,799       8,540,188    
    Current portion of long-term debt     301,091       291,036    
    Current portion of obligations under operating leases     555,672       583,429    
    Current portion of obligations under financing leases     133,408       130,464    
    Convertible promissory note     2,455,000       2,440,000    
    Contract liabilities, including $0 and $2,000 with related parties as of March 31, 2025 and December 31, 2024, respectively     119,417       203,607    
    Total current liabilities     13,716,019       14,969,609    
    Obligations under operating leases, non-current     662,291       799,385    
    Obligations under financing leases, non-current     314,167       348,807    
    Warrant liabilities     785,551       1,449,000    
    Long-term debt     414,268       496,623    
    Total liabilities     15,892,296       18,063,424    
                   
    Commitments and contingencies (Note 14)              
                   
    Redeemable noncontrolling interests              
    Convertible preferred units, 1,500,000 units issued and outstanding as of March 31, 2025 and December 31, 2024, respectively     16,536,108       16,130,871    
    Class B Units     38,097,300       115,693,900    
                   
    Stockholders’ equity              
    Class V common stock, $0.0001 par value, 100,000,000 authorized shares; 26,730,000 and 35,230,000 shares issued and outstanding as of March 31, 2025, and December 31, 2024, respectively     2,673       3,523    
    Class A common stock, $0.0001 par value, 300,000,000 authorized shares; 21,796,464 and 13,252,964 shares issued and outstanding as of March 31, 2025, and December 31, 2023, respectively     2,180       1,326    
    Additional paid in capital     16,486,224       14,523,963    
    Accumulated deficit     (39,568,892 )     (103,440,891 )  
    Total stockholders’ deficit     (23,077,815 )     (88,912,079 )  
    Total liabilities, redeemable noncontrolling interests and stockholders’ (deficit) equity   $ 47,447,889     $ 60,976,116    
                   
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
        Three months ended March 31,
        2025     2024  
    Revenue, net   $ 6,216,391     $ 11,329,387  
    Related party revenue, net     2,567,304       8,812,769  
    Total revenue     8,783,695       20,142,156  
    Operating costs and expenses:            
    Cost of goods sold (exclusive of items shown below)     4,789,679       13,957,966  
    Depreciation and amortization     4,900,729       459,529  
    Sales and marketing     2,137,092       6,553,787  
    General and administrative     10,467,593       3,219,422  
    Total operating expenses     22,295,093       24,190,704  
    (Loss) income from operations     (13,511,398 )     (4,048,548 )
    Other (expenses) income, net:            
    Other income, net     82,363       –  
    Change in fair value of warrant liabilities     663,449       (138,000 )
    Interest expense     (30,277 )     (35,222 )
    Total other expense, net     715,535       (173,222 )
    Net (loss) income before taxes     (12,795,863 )     (4,221,770 )
    Income tax (expense) benefit     (523,500 )     114,668  
    Net (loss) income     (13,319,363 )     (4,107,102 )
    Net (loss) attributable to Sunergy Renewables LLC prior to the Business Combination     –       (523,681 )
    Net (loss) income subsequent to the Business Combination     (13,319,363 )     (3,583,421 )
    Net (loss) income attributable to redeemable non-controlling interests     (6,958,098 )     (2,051,930 )
    Net (loss) income attributable to Class A common stock   $ (6,361,265 )   $ (1,531,491 )
                 
    Basic and diluted net (loss) income per common unit   $ (0.48 )   $ (1.54 )
    Weighted average units outstanding, basic and diluted     13,252,964       994,345  
                 
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
      Three Months Ended March 31,
      2025     2024  
    Cash Flows from Operating Activities          
    Net (loss) income $ (13,319,363 )   $ (4,107,102 )
    Adjustment to reconcile net (loss) income to cash (used in) provided by operating activities          
    Depreciation and amortization   4,900,729       459,529  
    Interest income   –       –  
    Change in fair value of warrant liabilities   (663,449 )     138,000  
    Provision for credit losses   3,538,569       150,000  
    Noncash operating lease expense   180,643       152,717  
    Stock based compensation expense   2,257,139       3,118,584  
    Changes in operating assets and liabilities:          
    Accounts receivable   1,742,907       (2,297,517 )
    Accounts receivable due from related parties   (94,441 )     (2,692,841 )
    Inventories   25,075       (28,968 )
    Prepaid installation costs   (513,196 )     4,448,953  
    Prepaids and other current assets   1,138,288       (1,420,528 )
    Other assets   (37,656 )     (109,443 )
    Accounts payable   788,747       (400,861 )
    Accrued expenses and other current liabilities   (919,417 )     (691,316 )
    Accrued expenses and other current liabilities due to related parties   (1,038,972 )     (2,148,960 )
    Contract liabilities   (82,190 )     (3,508,323 )
    Contract liabilities due to related parties   (2,000 )     (1,054,263 )
    Operating lease payments   (164,851 )     (159,650 )
    Net cash (used in) provided by operating activities   (2,263,438 )     (10,151,989 )
               
    Cash flows from Investing Activities          
    Purchases of property, equipment and other assets   (372,578 )     (226,076 )
    Net cash used in investing activities   (372,578 )     (226,076 )
               
    Cash flows from Financing Activities          
    Principal payment of finance lease liabilities   (31,696 )     (28,537 )
    Proceeds from the issuance of convertible preferred stock, net of transaction costs   –       10,277,275  
    Repayments of debt   (72,300 )     (71,855 )
    Distributions to members   –       (90,000 )
    Net cash provided by (used in) financing activities   (103,996 )     10,086,883  
               
    Net (decrease) increase in cash and cash equivalents   (2,740,012 )     (291,182 )
    Cash and cash equivalents, beginning of period   5,634,115       8,022,306  
    Cash and cash equivalents, end of the period $ 2,894,103     $ 7,731,124  
               
    Supplemental Cash Flow Information          
    Cash paid for interest $ 25,785     $ 34,060  
    Cash paid for income taxes $ –     $ –  
    Noncash finance lease expense $ 34,119     $ 34,118  
               
    Non-cash transactions          
    Deferred equity issuance costs $ –     $ 3,269,039  
    Issuance of Class A common stock to vendors $ –     $ 891,035  
    Issuance of Class A common stock to backstop investors $ –     $ 1,569,463  
    Preferred dividends $ 405,237     $ 8,224,091  

    The MIL Network –

    June 17, 2025
  • MIL-OSI: Zeo Energy Corp. Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    NEW PORT RICHEY, Fla., June 16, 2025 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2025.

    Recent Operational Highlights

    • Entered into a definitive agreement to acquire Heliogen, a provider of on-demand clean energy technology solutions, allowing the company to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities, including artificial intelligence (AI) and cloud computing data centers.
    • Recruited and retained adequate staff ahead of the peak summer sales season.

    Management Commentary
    “In the first quarter of 2025, we continued to navigate the challenging solar market and successfully generated $8.8 million of revenue,” said Zeo Energy Corp. CEO Tim Bridgewater. “As announced last month, we were able to take advantage of the softer sector conditions by entering into a definitive agreement to acquire Heliogen. We believe that this proposed acquisition positions us to expand beyond traditional residential solar and into adjacent clean energy verticals with long-term upside. This move will also enhance our balance sheet and diversify our revenue base going forward.”

    “As anticipated, in Q1 we experienced a slowdown due to the seasonality of our intensive summer sales model. This slowdown was exacerbated by the current high-interest rate environment. We’ve maintained our strategic focus during this period, streamlining operations and strengthening our sales team ahead of the critical summer season that is now underway. Looking ahead, we remain confident in our full-year outlook. We expect meaningful improvement in the latter half of the year as market activity increases.”

    First Quarter 2025 Financial Results

    Results compare the 2025 first quarter ended March 31, 2025 to the 2024 first quarter ended March 31, 2024.

    • Total revenue was $8.8 million in Q1 2025, a 56.4% decrease from $20.1 million in the comparable 2024 period. The decrease was primarily due to higher interest rates creating a challenging environment for residential solar direct sales.
    • Gross profit decreased to $3.8 million (43.0% of total revenue) in Q1 2025 from $6.0 million (29.9% of total revenue) in the comparable 2024 period. The decrease was driven in part by the decrease in sales compared to the prior period. The improvement in gross profit as a percentage of revenue was the result of improved operational efficiencies in labor and a reduction in materials costs.
    • Net loss for Q1 2025 was $13.3 million compared to $4.1 million in the comparable 2024 period. The decrease is primarily due to a decrease in overall sales for the period.
    • Adjusted EBITDA, a non-GAAP measurement of operating performance reconciled below, decreased to $(6.4) million (72.3% of total revenue) in Q1 2024 from approximately $(0.5) million (2.3% of total revenue) in the comparable 2024 period. The change was primarily related to the change in net loss.

    For more information, please visit the Zeo Energy Corp. investor relations website at investors.zeoenergy.com.

    About Zeo Energy Corp.

    Zeo Energy Corp. is a Florida-based provider of residential solar, distributed energy, and energy efficiency solutions. Zeo focuses on high-growth markets with limited competitive saturation. With its differentiated sales approach and vertically integrated offerings, Zeo, through its Sunergy Solar business unit, serves customers who desire to reduce high energy bills and contribute to a more sustainable future. For more information on Zeo Energy Corp., please visit www.zeoenergy.com.

    Non-GAAP Financial Measures

    Adjusted EBITDA
    Zeo Energy defines Adjusted EBITDA, a non-GAAP financial measure, as net income (loss) before interest and other expenses, net, income tax expense, and depreciation and amortization, as adjusted to exclude stock-based compensation. Zeo utilizes Adjusted EBITDA as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of Zeo’s results of operations to other companies in the industry. Adjusted EBITDA should not be viewed as a substitute for net loss calculated in accordance with GAAP, and other companies may define Adjusted EBITDA differently.

    The following table provides a reconciliation of net income (loss) to Adjusted EBITDA for the periods presented:

           
      Three months Ended March 31,  
        2025       2024    
    Net income (loss)   $ (13,319,363 )     $ (4,107,102 )  
    Adjustment:                
    Other income, net     (82,363 )       0    
    Change in fair value of warrant liabilities     (663,449 )       138,000.00    
    Interest expense     30,277         35,222    
    Income tax benefit     523,500         (114,668.00 )  
    Stock compensation     2,257,139         3,118,584.00    
    Depreciation and amortization     4,900,729         459,529    
                     
    Adjusted EBITDA     (6,353,530 )       (470,435 )  
                     
    Net income (loss) margin     (151.6 ) %     (20.4 ) %
                     
    Adjusted EBITDA margin     (72.3 ) %     (2.3 ) %
                     

    Adjusted EBITDA Margin

    Zeo Energy defines Adjusted EBITDA margin, a non-GAAP financial measure, expressed as a percentage, as the ratio of Adjusted EBITDA to revenue, net. Adjusted EBITDA margin measures net income (loss) before interest and other expenses, net, income tax expense, depreciation and amortization, as adjusted to exclude stock-based compensation and is expressed as a percentage of revenue. In the table above, Adjusted EBITDA is reconciled to the most comparable GAAP measure, net income (loss). Zeo utilizes Adjusted EBITDA margin as an internal performance measure in the management of the Company’s operations because the Company believes the exclusion of these non-cash and non-recurring charges allows for a more relevant comparison of the Company’s results of operations to other companies in Zeo’s industry.

    The following table sets forth Zeo’s calculations of Adjusted EBITDA margin for the periods presented:

           
      Three months Ended March 31,  
        2025       2024    
    Total Revenue   $ 8,783,695       $ 20,142,156    
                     
    Adjusted EBITDA     (6,353,530 )       (470,435 )  
                     
    Adjusted EBITDA margin     (72.3 ) %     (2.3 ) %
                     

    Forward-Looking Statements

    This news release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to the Company. Such statements may include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar references to future periods may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the future financial performance of the Company; the ability to effectively consolidate the assets of Lumio and produce the expected results; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, the ability to raise additional funds, and plans and objectives of management. These forward-looking statements are based on information available as of the date of this news release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the Company’s views as of any subsequent date, and the Company does not undertake any obligation to update such forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, the Company’s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the outcome of any legal proceedings that may be instituted against the Company or others; (ii) the Company’s success in retaining or recruiting, or changes required in, its officers, key employees, or directors; (iii) the Company’s ability to maintain the listing of its common stock and warrants on Nasdaq; (iv) limited liquidity and trading of the Company’s securities; (v) geopolitical risk and changes in applicable laws or regulations, including tariffs or trade restrictions; (vi) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (vii) operational risk; (viii) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on the Company’s resources; (ix) the Company’s ability to effectively consolidate the assets of Lumio and produce the expected results; and (x) other risks and uncertainties, including those included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2024 and in its subsequent periodic reports and other filings with the SEC.

    In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company, its respective directors, officers or employees or any other person that the Company will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this news release represent the views of the Company as of the date of this news release. Subsequent events and developments may cause that view to change. However, while the Company may elect to update these forward-looking statements at some point in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of the Company as of any date subsequent to the date of this news release.

    Zeo Energy Corp. Contacts

    For Investors:
    Tom Colton and Greg Bradbury
    Gateway Group
    ZEO@gateway-grp.com

    For Media:
    Zach Kadletz
    Gateway Group
    ZEO@gateway-grp.com

    -Financial Tables to Follow-

    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited)
     
        As of March 31,   As of December 31,  
          2025       2024    
    Assets              
    Current assets              
    Cash and cash equivalents   $ 2,894,103     $ 5,634,115    
    Accounts receivable, including $286,103 and $191,662 from related parties, net of allowance for credit losses of $4,703,905 and $1,165,336, as of March 31, 2025 and December 31, 2024, respectively     4,999,508       10,186,543    
    Inventories     847,395       872,470    
    Contract assets     577,398       64,202    
    Prepaid expenses and other current assets     936,673       2,131,345    
    Total current assets     10,255,077       18,888,675    
    Other assets     113,591       314,426    
    Property, equipment and other fixed assets, net     2,629,283       2,475,963    
    Right of use operating lease assets     1,087,496       1,268,139    
    Right of use financing lease assets     412,893       447,012    
    Intangibles, net     2,938,804       7,571,156    
    Note receivable – related party     3,000,000       3,000,000    
    Goodwill     27,010,745       27,010,745    
    Total assets   $ 47,447,889     $ 60,976,116    
                   
    Liabilities, redeemable noncontrolling interest and stockholders’ (deficit) equity        
    Current liabilities              
    Accounts payable   $ 3,569,632     $ 2,780,885    
    Accrued expenses and other current liabilities, including $2,320,129 and $3,359,101 with related parties at March 31, 2025 and December 31, 2024, respectively     6,581,799       8,540,188    
    Current portion of long-term debt     301,091       291,036    
    Current portion of obligations under operating leases     555,672       583,429    
    Current portion of obligations under financing leases     133,408       130,464    
    Convertible promissory note     2,455,000       2,440,000    
    Contract liabilities, including $0 and $2,000 with related parties as of March 31, 2025 and December 31, 2024, respectively     119,417       203,607    
    Total current liabilities     13,716,019       14,969,609    
    Obligations under operating leases, non-current     662,291       799,385    
    Obligations under financing leases, non-current     314,167       348,807    
    Warrant liabilities     785,551       1,449,000    
    Long-term debt     414,268       496,623    
    Total liabilities     15,892,296       18,063,424    
                   
    Commitments and contingencies (Note 14)              
                   
    Redeemable noncontrolling interests              
    Convertible preferred units, 1,500,000 units issued and outstanding as of March 31, 2025 and December 31, 2024, respectively     16,536,108       16,130,871    
    Class B Units     38,097,300       115,693,900    
                   
    Stockholders’ equity              
    Class V common stock, $0.0001 par value, 100,000,000 authorized shares; 26,730,000 and 35,230,000 shares issued and outstanding as of March 31, 2025, and December 31, 2024, respectively     2,673       3,523    
    Class A common stock, $0.0001 par value, 300,000,000 authorized shares; 21,796,464 and 13,252,964 shares issued and outstanding as of March 31, 2025, and December 31, 2023, respectively     2,180       1,326    
    Additional paid in capital     16,486,224       14,523,963    
    Accumulated deficit     (39,568,892 )     (103,440,891 )  
    Total stockholders’ deficit     (23,077,815 )     (88,912,079 )  
    Total liabilities, redeemable noncontrolling interests and stockholders’ (deficit) equity   $ 47,447,889     $ 60,976,116    
                   
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
        Three months ended March 31,
        2025     2024  
    Revenue, net   $ 6,216,391     $ 11,329,387  
    Related party revenue, net     2,567,304       8,812,769  
    Total revenue     8,783,695       20,142,156  
    Operating costs and expenses:            
    Cost of goods sold (exclusive of items shown below)     4,789,679       13,957,966  
    Depreciation and amortization     4,900,729       459,529  
    Sales and marketing     2,137,092       6,553,787  
    General and administrative     10,467,593       3,219,422  
    Total operating expenses     22,295,093       24,190,704  
    (Loss) income from operations     (13,511,398 )     (4,048,548 )
    Other (expenses) income, net:            
    Other income, net     82,363       –  
    Change in fair value of warrant liabilities     663,449       (138,000 )
    Interest expense     (30,277 )     (35,222 )
    Total other expense, net     715,535       (173,222 )
    Net (loss) income before taxes     (12,795,863 )     (4,221,770 )
    Income tax (expense) benefit     (523,500 )     114,668  
    Net (loss) income     (13,319,363 )     (4,107,102 )
    Net (loss) attributable to Sunergy Renewables LLC prior to the Business Combination     –       (523,681 )
    Net (loss) income subsequent to the Business Combination     (13,319,363 )     (3,583,421 )
    Net (loss) income attributable to redeemable non-controlling interests     (6,958,098 )     (2,051,930 )
    Net (loss) income attributable to Class A common stock   $ (6,361,265 )   $ (1,531,491 )
                 
    Basic and diluted net (loss) income per common unit   $ (0.48 )   $ (1.54 )
    Weighted average units outstanding, basic and diluted     13,252,964       994,345  
                 
    ZEO ENERGY CORP.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
      Three Months Ended March 31,
      2025     2024  
    Cash Flows from Operating Activities          
    Net (loss) income $ (13,319,363 )   $ (4,107,102 )
    Adjustment to reconcile net (loss) income to cash (used in) provided by operating activities          
    Depreciation and amortization   4,900,729       459,529  
    Interest income   –       –  
    Change in fair value of warrant liabilities   (663,449 )     138,000  
    Provision for credit losses   3,538,569       150,000  
    Noncash operating lease expense   180,643       152,717  
    Stock based compensation expense   2,257,139       3,118,584  
    Changes in operating assets and liabilities:          
    Accounts receivable   1,742,907       (2,297,517 )
    Accounts receivable due from related parties   (94,441 )     (2,692,841 )
    Inventories   25,075       (28,968 )
    Prepaid installation costs   (513,196 )     4,448,953  
    Prepaids and other current assets   1,138,288       (1,420,528 )
    Other assets   (37,656 )     (109,443 )
    Accounts payable   788,747       (400,861 )
    Accrued expenses and other current liabilities   (919,417 )     (691,316 )
    Accrued expenses and other current liabilities due to related parties   (1,038,972 )     (2,148,960 )
    Contract liabilities   (82,190 )     (3,508,323 )
    Contract liabilities due to related parties   (2,000 )     (1,054,263 )
    Operating lease payments   (164,851 )     (159,650 )
    Net cash (used in) provided by operating activities   (2,263,438 )     (10,151,989 )
               
    Cash flows from Investing Activities          
    Purchases of property, equipment and other assets   (372,578 )     (226,076 )
    Net cash used in investing activities   (372,578 )     (226,076 )
               
    Cash flows from Financing Activities          
    Principal payment of finance lease liabilities   (31,696 )     (28,537 )
    Proceeds from the issuance of convertible preferred stock, net of transaction costs   –       10,277,275  
    Repayments of debt   (72,300 )     (71,855 )
    Distributions to members   –       (90,000 )
    Net cash provided by (used in) financing activities   (103,996 )     10,086,883  
               
    Net (decrease) increase in cash and cash equivalents   (2,740,012 )     (291,182 )
    Cash and cash equivalents, beginning of period   5,634,115       8,022,306  
    Cash and cash equivalents, end of the period $ 2,894,103     $ 7,731,124  
               
    Supplemental Cash Flow Information          
    Cash paid for interest $ 25,785     $ 34,060  
    Cash paid for income taxes $ –     $ –  
    Noncash finance lease expense $ 34,119     $ 34,118  
               
    Non-cash transactions          
    Deferred equity issuance costs $ –     $ 3,269,039  
    Issuance of Class A common stock to vendors $ –     $ 891,035  
    Issuance of Class A common stock to backstop investors $ –     $ 1,569,463  
    Preferred dividends $ 405,237     $ 8,224,091  

    The MIL Network –

    June 17, 2025
  • MIL-OSI USA: Crapo Statement on Reversal of Biden Administration Anti-Dam Agreement

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Published: June 13, 2025

    Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho) released the following statement celebrating President Trump’s move to undo the Biden Administration’s flawed “Columbia Basin Restoration Initiative.”

    “President Trump is demonstrating once again his commitment to listening to the will of people on the ground and the sound science that backs the current state of the dams,” said Crapo.  “The Biden Administration’s controversial proposal was doomed from the start.  The flawed initiative ignored congressional authority over the dams, as well as the views and feedback of regional stakeholders and constituents in Idaho.  The path forward for a solution to salmon recovery must include a truly collaborative approach that involves all–including both public and private–stakeholders in the region.”

    Crapo is a co-sponsor of Senator Jim Risch’s (R-Idaho) S. 182, Northwest Energy Security Act, which would require the federal government to ensure the Lower Snake River dams remain operational and continue to support the region’s energy needs.

    On November 21, 2023, Crapo joined Risch and Senator Steve Daines (R-Montana) in sending a letter to then-President Biden voicing severe concerns regarding the Administration’s efforts to breach the dams.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI Europe: Agenda – Wednesday, 18 June 2025 – Strasbourg

    Source: European Parliament

    51 Macro-financial assistance to Egypt
    Céline Imart (A10-0037/2025)      – Amendments; rejection Monday, 16 June 2025, 20:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 17 June 2025, 16:00 39 Adoption by the Union of the Agreement on the interpretation and application of the Energy Charter Treaty
    Anna Cavazzini, Borys Budka (A10-0009/2025)      – Amendments; rejection Friday, 13 June 2025, 12:00 26 Implementation report on the Recovery and Resilience Facility
    Victor Negrescu, Siegfried Mureşan (A10-0098/2025)      – Amendments Wednesday, 11 June 2025, 13:00 19 The Commission’s 2024 Rule of Law report
    Ana Catarina Mendes (A10-0100/2025)      – Amendments by the rapporteur, 71 MEPs at least, Alternative motions for resolutions Wednesday, 11 June 2025, 13:00 25 2023 and 2024 reports on Montenegro
    Marjan Šarec (A10-0093/2025)      – Amendments Wednesday, 11 June 2025, 13:00 17 2023 and 2024 reports on Moldova
    Sven Mikser (A10-0096/2025)      – Amendments Wednesday, 11 June 2025, 13:00 38 Clean Industrial Deal
    (O-000020/2025 – B10-0006/25)      – Motions for resolutions Wednesday, 11 June 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 13 June 2025, 12:00     – Amendments to joint motions for resolutions Friday, 13 June 2025, 13:00 41 Electricity grids: the backbone of the EU energy system
    Anna Stürgkh (A10-0091/2025)      – Amendments by the rapporteur, 71 MEPs at least, Alternative motions for resolutions Wednesday, 11 June 2025, 13:00 65 Media freedom in Georgia, particularly the case of Mzia Amaglobeli     – Motions for resolutions (Rule 150) Monday, 16 June 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 14:00 66 Case of Ahmadreza Jalali in Iran     – Motions for resolutions (Rule 150) Monday, 16 June 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 14:00 68 Dissolution of political parties and the crackdown on the opposition in Mali     – Motions for resolutions (Rule 150) Monday, 16 June 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 14:00 Separate votes – Split votes – Roll-call votes Texts put to the vote on Tuesday Friday, 13 June 2025, 12:00 Texts put to the vote on Wednesday Monday, 16 June 2025, 19:00 Texts put to the vote on Thursday Tuesday, 17 June 2025, 19:00 Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 18 June 2025, 19:00

    MIL OSI Europe News –

    June 17, 2025
  • MIL-OSI Europe: Agenda – Thursday, 19 June 2025 – Strasbourg

    Source: European Parliament

    48 The United Kingdom accession to the Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters
    (O-000016/2025 – B10-0007/25)      – Motion for a resolution Wednesday, 11 June 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 13 June 2025, 12:00     – Amendments to joint motions for resolutions Friday, 13 June 2025, 13:00 65 Media freedom in Georgia, particularly the case of Mzia Amaglobeli     – Motions for resolutions (Rule 150) Monday, 16 June 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 14:00 66 Case of Ahmadreza Jalali in Iran     – Motions for resolutions (Rule 150) Monday, 16 June 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 14:00 68 Dissolution of political parties and the crackdown on the opposition in Mali     – Motions for resolutions (Rule 150) Monday, 16 June 2025, 20:00     – Amendments to motions for resolutions; joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 13:00     – Amendments to joint motions for resolutions (Rule 150) Wednesday, 18 June 2025, 14:00 53 Welfare of dogs and cats and their traceability
    Veronika Vrecionová (A10-0104/2025)      – Amendments; rejection Monday, 16 June 2025, 19:00     – Requests for “separate”, “split” and “roll-call” votes Tuesday, 17 June 2025, 16:00 41 Electricity grids: the backbone of the EU energy system
    Anna Stürgkh (A10-0091/2025)      – Amendments by the rapporteur, 71 MEPs at least, Alternative motions for resolutions Wednesday, 11 June 2025, 13:00 38 Clean Industrial Deal
    (O-000020/2025 – B10-0006/25)      – Motions for resolutions Wednesday, 11 June 2025, 13:00     – Amendments to motions for resolutions; joint motions for resolutions Friday, 13 June 2025, 12:00     – Amendments to joint motions for resolutions Friday, 13 June 2025, 13:00 Separate votes – Split votes – Roll-call votes Texts put to the vote on Tuesday Friday, 13 June 2025, 12:00 Texts put to the vote on Wednesday Monday, 16 June 2025, 19:00 Texts put to the vote on Thursday Tuesday, 17 June 2025, 19:00 Motions for resolutions concerning debates on cases of breaches of human rights, democracy and the rule of law (Rule 150) Wednesday, 18 June 2025, 19:00

    MIL OSI Europe News –

    June 17, 2025
  • MIL-OSI Europe: Written question – Construction of a solar photovoltaic plant – E-002291/2025

    Source: European Parliament

    Question for written answer  E-002291/2025
    to the Commission
    Rule 144
    Isabella Tovaglieri (PfE)

    Plans for a solar photovoltaic plant in the municipalities of Santo Stefano Ticino, Ossona and Marcallo con Casone have been presented to the Italian Ministry of the Environment and Energy Security. The plant would take up 82 hectares of land, across approximately 140 hectares of registered land[1], largely in Parco del Gelso, an area recognised for its environmental value.

    The plans have come up against opposition from local government and the public due to the impact on the landscape and the environment.

    Solar photovoltaic is one of the energy sources the European Union is counting on in order to achieve the target of a 42.5 % share of energy from renewable sources in the EU’s overall energy consumption in 2030, as set out in Directive (EU) 2023/2413 (Article 3(1)) – a target so high that it gives Member States the possibility to speed up assessments and grant derogations for solar photovoltaic projects (recital 35).

    In the light of this:

    • 1.Does the Commission think that the plans submitted have environmental and social costs and an impact on the landscape that cannot justify the construction of the plant?
    • 2.Does it not agree that the construction of large numbers of solar photovoltaic plants, in order to achieve the elevated targets laid down in Directive (EU) 2023/2413, could damage landscapes and the environment?
    • 3.How does it think agricultural and landscape identity should be protected in the context of the transition to wind and solar?

    Submitted: 6.6.2025

    • [1] https://www.ilgiorno.it/legnano/cronaca/no-al-mega-impianto-fotovoltaico-d2fb4bb5.
    Last updated: 16 June 2025

    MIL OSI Europe News –

    June 17, 2025
  • MIL-OSI Europe: Why is there a housing crisis and how do we fix it?

    Source: European Investment Bank

    Anselm Leahy sits at a table in the white, pristine kitchen of his new Dublin apartment. “When I first came into the apartment, I was astonished. I couldn’t believe it,” he says, gesturing toward a big bay window in the living room that overlooks nearby houses and green fields. “I was over the moon.”

    The apartment is part of new social housing built by the Focus Ireland Association, a state-run institution that provides loans to developers building affordable homes across the country. Leahy moved in just under two years ago, ending a spell of homeless that began with the death of his father and his mother’s subsequent move into a retirement home. “My will to live was very, very low,” Leahy says. “To get this apartment has changed me in lots of different ways: mentally, physically, spiritually. I feel human again. I feel like I have a future. I have hope.”

    Cities like Dublin suffer from a shortage of affordable housing that has blocked many people – the unemployed, low-income families, migrants and young workers – out of the market. Over the past 15 years, average rents in the European Union have risen by one-quarter and house prices by half, while one in ten Europeans now spend 40% or more of their disposable income on housing.

    At the same time, the share of social housing in total supply has shrunk since 2010, even though the number of vulnerable people such as the homeless or new migrants has risen. Half of Europe’s housing stock was built before 1980, and much of it needs to be renovated. Many buildings are energy inefficient (a rating of D or worse). Bringing those homes and apartments up to new EU standards will be expensive and slow.

    The lack of affordable housing translates into real hardship: young people put off starting families, students turn down the best universities, essential workers like teachers or nurses don’t accept jobs in in major cities – all because they are priced out of housing.

    “These people and their stories provide living proof of the housing crisis and the impact it has on Europe,” said Dan Jørgensen, the EU Commissioner for Energy and Housing, at a housing event hosted by the European Investment Bank (EIB) in early March. “It threatens social justice and social cohesion … It weakens our economy and reduces our competitiveness.”

    The problem is clear: Over the last decade or so, housing demand has outstripped supply and incomes haven’t kept up with prices. The solution, however, is much more complicated. The European Union needs to build almost one million new dwellings. That requires:

    • innovative, faster and less costly ways of building;
    • regulatory reform to speed up permitting and to create the investment framework for housing providers to deliver affordable new apartments and homes;
    • financing solutions that encourage residential development and renovation. 

    “We need to enhance the housing supply while also making better use of the stock we already have,” says Chiara Fratto, a European Investment Bank economist who researches housing issues.

    MIL OSI Europe News –

    June 17, 2025
  • MIL-OSI Africa: African Energy Chamber (AEC): It’s Time for the World Bank to End the Ban on Upstream Financing and Tackle Africa’s Energy Poverty Crisis


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    The African Energy Chamber (AEC) (www.EnergyChamber.org) is calling on the World Bank to end its ban on financing upstream oil and gas projects, urging the institution to align with Africa’s urgent need to eradicate energy poverty and achieve sustainable development. Lifting this ban is essential to unlocking the continent’s hydrocarbon resources, delivering reliable and affordable electricity to millions, and generating the revenues required to support Africa’s long-term energy transition.

    While the AEC welcomes the World Bank’s decision to review its 2017 ban on financing upstream oil and gas development, the time for reassessment is over. Decisive action is needed. Today, around 600 million Africans still lack access to electricity – a number that is not only staggering but growing. The International Energy Agency notes that gains made in expanding electricity access were reversed during the pandemic, with up to 30 million people who previously had access no longer able to afford it. This deepening energy poverty undermines Africa’s industrialization, economic growth and social development.

    The AEC maintains that Africa must be empowered to grow its energy mix pragmatically, using both fossil fuels and renewables – not forced into an “all or nothing” approach that risks leaving hundreds of millions in the dark. Natural gas offers a scalable, affordable and lower-carbon solution that can help meet the continent’s immediate power needs while enabling a just, inclusive energy transition. Yet climate panic and fearmongering – often directed disproportionately at Africa, a continent responsible for just 3% of global CO₂ emissions  – threaten to block this path.

    “The green agenda and the World Bank’s ban on upstream financing ignore the fact that natural gas can bring life-changing prosperity to Africa through jobs, business growth and monetization,” said NJ Ayuk, Executive Chairman of the AEC. “We are proposing a logical, sustainable path: using our natural gas to meet current needs, generate revenue and fund our transition to renewables. Given that universal access to affordable, reliable electricity is one of the UN’s Sustainable Development Goals, the growing number of Africans without power is morally wrong and must not be ignored.”

    Upstream oil and gas development is already demonstrating its capacity to advance energy access. In Mozambique, domestic gas fuels the 450 MW Temane gas-to-power project, delivering electricity to communities and industries. Senegal’s gas-to-power efforts, Nigeria’s Gas Master Plan and Egypt’s expanded gas-fired generation highlight how these resources are driving regional electrification and economic growth. Future upstream projects hold transformative potential: Mozambique’s gas reserves could generate over $100 billion in revenue; Namibia’s oil discoveries could deliver $3.5 billion annually at peak production, which can fund infrastructure, education, healthcare and clean energy investments.

    Meanwhile, global financial trends are shifting. Major banks, particularly in the U.S., are easing ESG-related restrictions and resuming oil and gas financing, recognizing that natural gas remains a vital bridge fuel. The World Bank must do the same – not as a concession, but as a commitment to its mandate to promote shared prosperity and reduce poverty.

    The AEC urges the World Bank to turn its policy review into meaningful action. Supporting upstream oil and gas development is not only an economic necessity – it is a moral imperative if we are serious about ending energy poverty and enabling a sustainable, equitable future for Africa.

    Distributed by APO Group on behalf of African Energy Chamber.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI Europe: Written question – Regulatory obstacles to critical grid infrastructure in the face of recent crises – P-002370/2025

    Source: European Parliament

    Priority question for written answer  P-002370/2025
    to the Commission
    Rule 144
    Pietro Fiocchi (ECR)

    Recent events, including the Iberian Peninsula blackout, show the importance of investing in reliable, locally manufactured grid technologies. However, European grid operators face regulatory uncertainty on procurement choices for electrical switchgears due to unclear provisions under the F-gas Regulation[1].

    Switchgears are essential components in electrical power systems. They play a crucial role during blackouts, by avoiding spreading. With demand set to rise by approximately 10 % yearly until 2030, prescriptive rules risk creating monopolistic scenarios, market distortions and, not least, supply shortages in Europe.

    Given the above:

    • 1.Is the Commission planning to simplify the provisions of the F-Gas Regulation on electrical switchgear, as well as on the F-Gas Portal? Will these clarifications be part of the energy omnibus package mentioned by Energy Commissioner, Dan Jørgensen?
    • 2.The Commission has stated that switchgears will not be part of the 2025–2030 Ecodesign work plan. It added, however, that it will monitor the progress of the F-gas Regulation and market developments in the sector before considering requirements under Article 5.6 of the Ecodesign for Sustainable Products Regulation. With lead times for procurement now approaching 26 months, can the Commission clarify by when it intends to complete that assessment and activate the provision?

    Submitted: 12.6.2025

    • [1] Regulation (EU) 2024/573 of 7 February 2024 on fluorinated greenhouse gases (OJ L, 2024/573, 20.2.2024, ELI: http://data.europa.eu/eli/reg/2024/573/oj).
    Last updated: 16 June 2025

    MIL OSI Europe News –

    June 17, 2025
  • MIL-OSI Europe: Written question – Independence of the European Network of Transmission System Operators for Electricity expert group in the investigation of the 28 April blackout – E-002274/2025

    Source: European Parliament

    Question for written answer  E-002274/2025
    to the Commission
    Rule 144
    Dolors Montserrat (PPE), Pilar del Castillo Vera (PPE)

    The technical investigation launched by the European Network of Transmission System Operators for Electricity (ENTSO-e) expert group into the blackout on 28 April 2025 includes representatives from Spain’s national grid operator Red Eléctrica de España (Redeia), which also happens to be one of the subjects under technical analysis.

    In light of the above:

    • 1.Does the Commission believe that the current composition of the ENTSO-e expert group ensures due independence, impartiality and absence of conflicts of interest – as required by the principle of good administration recognised in Article 41 of the Charter of Fundamental Rights of the European Union – given it is both a judge and party in the case?
    • 2.Does the Commission intend to request an additional external report from the Agency for the Cooperation of Energy Regulators, with the supervision of independent experts who have a proven and extensive track record in the energy market and are not under the influence of companies with an interest in the energy market?

    Submitted: 5.6.2025

    Last updated: 16 June 2025

    MIL OSI Europe News –

    June 17, 2025
  • MIL-OSI United Kingdom: Iran-Israel conflict: Foreign Secretary statement

    Source: United Kingdom – Government Statements

    Oral statement to Parliament

    Iran-Israel conflict: Foreign Secretary statement

    The Foreign Secretary made a statement to the House of Commons on 16 June, updating on the Israel-Iran conflict.

    With permission, Mr Speaker, I will remind the House that the Foreign Office has been responding to two crises this past week.

    My Honourable Friend, Minister Falconer, will update on the Government’s extensive efforts to assist those who lost loved ones in Thursday’s devastating Air India plane crash.

    Just nine days ago, I was in Delhi, strengthening our friendship.

    Our nations are mourning together. My thoughts are with all those suffering such terrible loss.

    With permission, Madam Deputy Speaker, I will now turn to the Middle East.

    Early last Friday morning, Israel launched extensive strikes across Iran. Targets including military sites, including the Iranian enrichment facility at Natanz, and key commanders and nuclear scientists.

    The last 72 hours has seen Iranian ballistic missile and drone strikes across Israel, killing at least twenty-one Israelis and injuring hundreds more.

    And Israeli strikes have continued, including on targets in Tehran, with the Iranian authorities reporting scores of civilian casualties. 

    Prime Minister Netanyahu has said his operations will “continue for as many days as it takes to remove the threat”.

    Supreme Leader Khameini has said Israel “must expect severe punishment”.

    Madam Deputy Speaker, in such crisis our first priority is of course the welfare of British nationals.

    On Friday, we swiftly stood up a crisis team in London and the region, and yesterday I announced that we now advise against all travel to Israel as well as our long-standing travel of not travelling to Iran.

    Madam Deputy Speaker, today I can update the House that we are asking all British nationals in Israel to register their presence with the FCDO, so that we can share important information on the situation and leaving the country.

    And I can announce today that we are further updating our Travel Advice to signpost border crossing points, and sending Rapid Deployment Teams to Egypt and Jordan to bolster our consular presence near the border with Israel, which has already been supporting British nationals on the ground.

    Israel and Iran have closed their airspace until further notice, and our ability therefore to provide support in Iran is extremely limited. British nationals in the region should closely monitor our Travel Advice for further updates.

    Madam Deputy Speaker, the situation remains fast-moving. We expect more strikes in the days to come. This is a moment of grave danger for the region.

    I want to be clear, the United Kingdom was not involved in the strikes against Iran. This is a military action conducted by Israel.

    It should come as no surprise that Israel considers the Iranian nuclear programme an existential threat.

    Khameini said in 2018 that Israel was a “cancerous tumour” that should be “removed and eradicated”.

    We have always supported Israeli security – that’s why Britain has sought to prevent Iran obtaining a nuclear weapon through extensive diplomacy.

    We agree with President Trump when he says negotiations are necessary and must lead to a deal.

    That has long been the view, Mr Speaker, of the so-called ‘E3’ – Britain, France and Germany – with whom we have worked so closely on this issue. 

    The view of all of the G7 who have backed the efforts of President Trump’s envoy, Steve Witkoff.

    And for more than two decades, the cross-party view in this House.

    Lord Cameron of Chipping Norton and Lord Hague of Richmond led diplomatic efforts on the issue.

    Baroness May of Maidenhead and the former Right Honourable Member for Uxbridge did too, and this Government has continued to pursue negotiations, joining France and Germany in five rounds of talks with Iran this year alone.

    Ours is a hard-headed realist assessment of how best to tackle this grave threat. Fundamentally, no military action can put and end to Iran’s nuclear capabilities.

    Madam Deputy Speaker, just last week, the International Atomic Energy Agency Board of Governors passed a non-compliance resolution against Iran, the first such IAEA finding in fourteen years.

    The Director-General’s Comprehensive Report details Iran’s failure to declare nuclear materials. Iran remains the only state without nuclear weapons accumulating uranium at such dangerously high levels. Its total enriched stockpile is now 40 times the limit in the JCPoA, and their nuclear programme is part of a wider pattern of destabilising activity.

    The Government has taken firm action in response.

    When they transferred ballistic missiles for use in Russia’s illegal war in Ukraine, we imposed extensive sanctions including against Iran Air, and cancelled our bilateral air services agreement.

    In the face of unacceptable IRGC threats here in the UK – with some twenty foiled plots since 2022 – the CPS has for the first time charged Iranian nationals under the National Security Act, and we have placed the Iranian state, including the IRGC, on the enhanced tier of the new Foreign Influence Registration Scheme.

    Madam Deputy Speaker, a widening war would have grave and unpredictable consequences, including for our partners in Jordan and the Gulf.

    The horrors of Gaza worsening, tensions in Lebanon, Syria and Iraq rising, the Houthi threat continuing.

    That’s why the Government’s firm view, as it was last October in the ballistic missile attack on Israel, is that further escalation in the Middle East is not in Britain’s interests, nor the interests of Israel, Iran or the region.

    There are hundreds of thousands of British nationals living in the region. And with Iran a major oil producer, and one fifth of total world oil consumption flowing through the Straits of Hormuz, escalating conflict poses real risks for the global economy.

    As missiles rain down, Israel has a right to defend itself and its citizens. But our priority now is de-escalation.

    Our message to both Israel and Iran is clear. Step back. Show restraint. Don’t get pulled ever deeper into a catastrophic conflict, whose consequences nobody can control.

    Madam Deputy Speaker, the Prime Minister chaired COBR on the situation last Friday and spoke to PM Netanyahu, President Trump and Saudi Crown Prince Mohammed bin Salman.

    He is now at the G7 Summit in Canada, discussing with our closest allies how to ease tensions.

    And the Government has deployed additional assets to the region, including jets for contingency support to UK forces and potentially our regional allies concerned about the escalating conflict.

    In the last 72 hours, my Honourable Friend the Minister for the Middle East and I have been flat out trying to carve out space for diplomacy.

    I have spoken to both Israeli Foreign Minister Sa’ar and Iranian Foreign Minister Araghchi, underlining Britain’s focus on de-escalation.

    I have also met Saudi Foreign Minister Prince Faisal. I’ve had had calls with US Secretary Rubio, EU High Representative Kallas and my counterparts from France and Germany, the United Arab Emirates, Qatar, Oman, Jordan, Turkey and Iraq.

    These conversations are part of a collective drive to prevent a spiralling conflict.

    Madam Deputy Speaker, this new crisis has arisen as the appalling situation in Gaza continues.

    This weekend, hospitals in Gaza reported over 50 people were killed and more than 500 injured while trying to access food.

    This Government will not take our eye off the humanitarian catastrophe in Gaza.

    We will not stop calling for aid restrictions to be lifted and an immediate ceasefire.

    We will not forget about the hostages.

    This morning, I met Yocheved Lifschitz and her family, whose courage and dignity in the face of Hamas’ barbarism was a reminder of the plight of those still cruelly held in Gaza.

    We will not stop striving to free the hostages and end that war.

    Madam Deputy Speaker, our vision remains unchanged.

    An end to Iran’s nuclear programme and destabilising regional activity.

    Israel, secure in its borders and at peace with its neighbours.

    A sovereign Palestinian state, as part of the two-state solution.

    Diplomacy is indispensable to each of these goals. Britain will keep pressing all sides to choose a diplomatic path out of this crisis.

    I commend this statement to the House.

    Updates to this page

    Published 16 June 2025

    MIL OSI United Kingdom –

    June 17, 2025
  • MIL-OSI New Zealand: Energy Sector – A Frank Discussion About Losing Your Spark

    Source: NZ Compare

    -Spark announces another broadband price hike just as winter power bills hit Kiwi wallets.
    -Frank Energy is closing – adding more pressure to household budgets.
    -NZ Compare sees record-breaking traffic as over 50,000 Kiwis seek better deals this month.
    As winter power bills hit and broadband prices spike, NZ Compare is urging Kiwis to take control of their household bills.
    The cost-of-living crisis continues on a relentless march and Kiwi households are being hit with a one-two punch: the first hefty winter power bills have landed, and Spark, New Zealand’s largest broadband provider, has announced yet another round of broadband price hikes. Meanwhile, last week Frank Energy customers have been told the brand is closing, and they’ll be moved to parent company Genesis Energy, which will likely come with an increase in the size of the household power bill. For consumers already feeling the financial squeeze, it’s just more frustrating news-and a reminder that loyalty often comes at a price.
    But there is hope for those willing to take action. In response to these developments, NZ Compare, the country’s leading comparison platform for utilities and services, is seeing record traffic. Last week alone, the group’s websites experienced their highest-ever weekly traffic, and more than 50,000 New Zealanders have already used the platforms during June to compare broadband, power, and mobile deals.
    “This is exactly the time when people need to take control,” says Gavin Male, CEO of NZ Compare. “Just as that first big winter power bill hits your wallet, Spark is turning up the heat with fibre broadband price increases. You don’t have to sit back and take it. There are some really competitive deals out there and if you are already on a fibre broadband connection, switching provider is incredibly simple.”
    Spark’s latest price increases follow a broader industry trend of rising costs being passed on to customers, often with little warning. Many consumers, like those previously with Frank Energy, are left scrambling for alternatives.
    “Whether you’re dealing with Spark bumping up your fibre broadband bill or a power provider charging more for the same, it’s time to stop paying the loyalty tax,” continues Male. “These companies rely on customers staying passive. The bill apathy has got to stop! By comparing and switching, you’re not only saving money-you’re putting pressure on the market and these companies to stay competitive.”
    The team at NZ Compare says now is the perfect time to reassess. Using tools like Broadband Compare, Power Compare, and Mobile Compare, Kiwis can easily find a better plan that matches their household’s usage and budget. And the process is free, fast, and transparent.
    “New Zealanders are savvy, and they deserve better,” says Male. “Every time someone switches, it s

    MIL OSI New Zealand News –

    June 17, 2025
  • MIL-OSI Africa: Morocco: Panama Commends Royal Initiatives Launched by His Majesty the King


    Download logo

    Panama hailed the momentum of openness and modernization underway in Morocco, under the enlightened leadership of HM King Mohammed VI, and expressed its appreciation for Morocco’s pioneering role in Africa, making the Kingdom a credible and valued partner on the international stage.

    In this respect, Panama’s Minister of Foreign Affairs, Mr. Javier Martínez-Acha Vásquez, commended, in a Joint Communiqué signed on Monday in Rabat following his talks with Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Mr. Nasser Bourita, HM King Mohammed VI’s regional and international leadership, mainly Morocco’s role in Africa.

    In this respect, he underlined key projects such as the Royal Initiative aiming to promote stability, security and economic prosperity in Atlantic riparian African countries, the Initiative aiming to facilitate access for Sahel countries to the Atlantic Ocean and the African Atlantic Gas Pipeline megaproject, which represent the Kingdom of Morocco’s pioneering commitment to South-South cooperation.

    The head of Panamanian diplomacy also praised the role of the Kingdom of Morocco, under the leadership of HM the King, as a pioneering player in counter-terrorism, fighting organized crime and preserving peace and security in Africa.

    The two ministers also explored the prospects for collaboration in the various Atlantic cooperation initiatives.

    They also expressed their aspiration to make this area a geostrategic framework for concerted action to promote development and guarantee security, solidarity and understanding between South-South and South-North peoples.

    Distributed by APO Group on behalf of Kingdom of Morocco – Ministry of Foreign Affairs, African Cooperation and Moroccan Expatriates.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI USA: Governors Stein, McMaster Call on Trump Administration to Maintain Moratorium on Offshore Drilling off Carolina Coasts

    Source: US State of North Carolina

    Headline: Governors Stein, McMaster Call on Trump Administration to Maintain Moratorium on Offshore Drilling off Carolina Coasts

    Governors Stein, McMaster Call on Trump Administration to Maintain Moratorium on Offshore Drilling off Carolina Coasts
    lsaito
    Mon, 06/16/2025 – 12:37

    Raleigh, NC

    Today North Carolina Governor Josh Stein and South Carolina Governor Henry McMaster called on the Trump administration to maintain its moratorium on offshore drilling off the North and South Carolina coasts. 

    “Because of the significant risks associated with offshore oil and gas exploration, development and production off the Carolina coasts, every North Carolina and South Carolina coastal municipality has passed a resolution opposing offshore drilling and seismic testing,” wrote Governors Stein and McMaster. “This position has been reaffirmed by other municipalities and counties, as well as state legislators and members of our Congressional delegations from both parties. We ask you to respect the wishes of our states and our coastal communities and reaffirm President Trump’s decision to protect our coastlines and the industries they support.”

    On September 8 and 25, 2020, President Trump issued memoranda protecting the waters off the coast of North and South Carolina from leasing disposition until June 30, 2032. In response to President Trump’s leadership in protecting the waters off the coast of the Carolinas, Governors Stein and McMaster are urging the 11th National Outer Continental Shelf Oil and Gas Leasing Program to remove North and South Carolina’s outer continental shelf lands from consideration.

    North and South Carolina have a combined 513 miles of ocean beaches and 6,251 miles of coastline. These coastal zones are home to more than 2.7 million people and include numerous national wildlife refuges. In 2021 alone, North and South Carolina’s coastal economy contributed $9.6 billion to the GDP, supported more than 125,000 jobs, and provided $3.8 billion in wages, led by robust tourism and recreation, shipbuilding, fishing, and marine transportation industries. These industries would be highly vulnerable to disruption from offshore drilling. 

    Governor Stein has been a longtime proponent of maintaining North Carolina’s coastline’s natural beauty. When the Trump Administration proposed offshore drilling in 2020 then-Attorney General Stein strongly and successfully advocated to protect North Carolina’s coast. For more information click here.

    Read Governor Stein and Governor McMaster’s letter here.   

    Jun 16, 2025

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI Security: Two Charged in Albuquerque Alien Harboring, Kidnapping Case

    Source: Office of United States Attorneys

    ALBUQUERQUE – Two men face federal charges for harboring illegal aliens after a kidnapping and human smuggling investigation in Albuquerque.

    According to court documents, on March 1, 2025, a complainant told the FBI their spouse had been kidnapped and held for ransom. The kidnappers demanded 90,000 quetzales (about $11,600) and threatened to turn the victim over to the Zeta Cartel if payment was not made. “Proof of life” videos were sent to the family.

    Using phone data from the ransom calls, agents traced the location to a residence in southwest Albuquerque. On March 2, agents executed a search warrant and found 11 undocumented immigrants, including an unaccompanied minor and defendants Isaias David Jose and Tomas Mateo Gaspar. The house was sparsely furnished and contained over 20 cell phones and a ledger of smuggling activity.

    Victims said they were locked in rooms, threatened with violence or being turned over to criminal organizations, and told not to talk to law enforcement. Both Jose and Gaspar were identified as running the stash house and making ransom videos.

    Jose and Gaspar were indicted for harboring an illegal alien and aiding and abetting and will remain in custody pending trial, which is scheduled for August 11, 2025. If convicted of the current charges, Jose and Gaspar each face up to five years in prison.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Federal Bureau of Investigation’s Albuquerque Field Office investigated this case with assistance from the Department of Homeland Security. Assistant U.S. Attorney Paul Mysliwiec is prosecuting the case as part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

    June 17, 2025
  • MIL-OSI USA: Hickenlooper, Capito, Blunt Rochester,  Curtis Reintroduce Bipartisan Bill to Create Cybersecurity Office Related to Critical Infrastructure

    US Senate News:

    Source: United States Senator John Hickenlooper – Colorado

    Legislation would strengthen support of NTIA’s ongoing efforts to protect American technology infrastructure

    WASHINGTON – U.S. Senators John Hickenlooper, Shelley Moore Capito, Lisa Blunt Rochester, and John Curtis reintroduced their National Telecommunications and Information Administration (NTIA) Policy and Cybersecurity Coordination Act, a bipartisan bill to modernize and codify the NTIA’s work in cybersecurity.

    The NTIA’s Office for Policy Analysis and Development would be renamed the Office for Policy Development and Cybersecurity to better align with the agency’s 21st century mission of helping secure the information and communication technology (ICT) sector.

    “America’s data security is national security. We need to modernize our agencies and departments to meet today’s cyber threats head-on,” said Hickenlooper, Ranking Member of the Senate Commerce Committee’s Subcommittee on Consumer Protection, Product Safety, and Data Security.

    “Cyberattacks and breaches of private data ultimately hurt American consumers, and as technology and the telecommunications industry continues to advance, so do the threats from hackers and bad actors. Provisions must be in place to strengthen NTIA’s Office for Policy Analysis and Development, and protect the private information of the public they serve. I’m proud to reintroduce bipartisan legislation that takes necessary, proactive steps to develop cybersecurity guidance, identify potential vulnerabilities, and promote collaboration between the public and private sectors with the ultimate goal of protecting consumers,” Capito said.

    In recent years, the NTIA has increasingly adapted to better reflect the rising importance of cybersecurity to our critical infrastructure and daily functions. The senators’ bill would codify, strengthen, and provide Congressional guidance to NTIA’s ongoing cybersecurity activities, as well as outline responsibilities of an Associate Administrator.

    The redesignated office would be led by an Associate Administrator and be responsible for:

    • Developing cybersecurity policy as it relates to telecommunications, the internet, consumer software services, and public media
    • Creating guidance and support for implementing cybersecurity and privacy measures for internet and telecommunication companies
    • Promoting collaboration between security research and industry
    • Preventing and mitigating future software vulnerabilities in communications networks
    • Removing barriers for implementing, understanding, and investing in cybersecurity for communications and software providers
    • Providing technical assistance on cybersecurity practices to small and rural communications service providers

    In the House, a companion bill passed out of the Committee on Energy and Commerce. Hickenlooper and Capito originally introduced the legislation in the 117th Congress.

    Full text of the bill is available HERE.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI Global: AI is gobbling up water it cannot replace – I’m working on a solution

    Source: The Conversation – UK – By Muhammad Wakil Shahzad, Associate Professor and Head of Subject, Mechanical and Construction Engineering, Northumbria University, Newcastle

    Data centres are the invisible engines of our digital world. Every Google search, Netflix stream, cloud-stored photo or ChatGPT response passes through banks of high-powered computers housed in giant facilities scattered across the globe.

    These datacentres consume a staggering amount of electricity and increasingly, a surprising amount of water. But unlike the water you use at home, much of the water used in datacentres never returns to the water reuse cycle. This silent drain is drawing concern from environmental scientists. One preprint study (not yet reviewed by other scientists) from 2023 predicted that by 2027 global AI use could consume more water in a year than half of that used by the UK in the same time.

    Datacentres typically contain thousands of servers, stacked and running 24/7. These machines generate immense heat, and if not properly cooled, can overheat and fail. This happened in 2022 when the UK endured a heatwave that saw temperatures reach a record-breaking 40° Celsius in some areas, which knocked off Google and Oracle datacentres in London.

    To prevent this, datacentres rely heavily on cooling systems, and that’s where water comes in.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    One of the most common methods for cooling datacentres involves mechanical chillers, which work like large fridges. These machines use a fluid called a refrigerant to carry heat away from the servers and release it through a condenser. A lot of water is lost as it turns into vapour during the cooling process, and it cannot be reused.

    A 1 megawatt (MW) datacentre (that uses enough electricity to power 1,000 houses) can use up to 25.5 million litres annually. The total data centre capacity in the UK is estimated at approximately 1.6 gigawatts (GW). The global data centre capacity stands at around 59 GW.

    Unlike water used in a dishwasher or a toilet, which often returns to a treatment facility to be recycled, the water in cooling systems literally vanishes into the air. It becomes water vapour and escapes into the atmosphere. This fundamental difference is why data centre water use is not comparable to that of typical household use, where water cycles back through municipal systems.

    As moisture in the atmosphere that can return to the land as rain, the water datacentres use remains part of Earth’s water cycle – but not all rain water can be recovered.

    The water is effectively lost to the local water balance, which is especially critical in drought-prone or water-scarce regions – where two-thirds of datacentres since 2022 have been built. The slow return of this water makes its use for cooling datacentres effectively non-renewable in the short term.

    The rise of AI tools like ChatGPT, image generators and voice assistants has made datacentres work much harder. These systems need a lot more computing power, which creates more heat. To stay cool, data centres use more water than ever.

    This growing demand is leading to a greater reliance on water-intensive cooling systems, driving up total water consumption even further. The International Energy Agency reported in April 2025 that datacentres now consume more than 560 billion litres of water annually, possibly rising to 1,200 billion litres a year by 2030.

    What’s the alternative?

    Another method, direct evaporative cooling, pulls hot air from datacentres and passes it through water-soaked pads. As the water evaporates, it cools the air, which is then sent back into server rooms.

    While this method is energy-efficient, especially in warmer climates, the added moisture in the air can damage sensitive server equipment. This method requires additional systems to manage and control humidity, which necessitates more complex datacentre design.

    My research team and I have developed another method which separates moist and dry air streams in datacentres with a thin aluminium foil, similar to kitchen foil. The hot, dry air passes close to the wet air stream, and heat is transferred through the foil without allowing any moisture to mix. This cools the server rooms in datacentres without adding humidity that could interfere with the equipment.

    Trials of this method at Northumbria University’s datacentre have shown it can be more energy-efficient than conventional chillers, and use less water. Powered entirely by solar energy, the system operates without compressors or chemical refrigerants.

    As AI continues to expand, the demand on datacentres is expected to skyrocket, along with their water use. We need a global shift in how we design, regulate and power digital infrastructure.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.


    Muhammad Wakil Shahzad is the founder of EcoTechX.
    EcoTechX received PoC funding from Northern Accelerator.

    – ref. AI is gobbling up water it cannot replace – I’m working on a solution – https://theconversation.com/ai-is-gobbling-up-water-it-cannot-replace-im-working-on-a-solution-258518

    MIL OSI – Global Reports –

    June 17, 2025
  • MIL-OSI USA: SCHUMER: TRUMP’S “BIG, BEAUTIFUL BILL” COULD SPELL “BIG” ENERGY PRICE HIKES & “BIG” JOB LOSSES FOR BUFFALO; STANDING AT ONE OF WESTERN NY’S LARGEST HOME SOLAR INSTALLERS, SENATOR REVEALS HOW GOP PLAN…

    US Senate News:

    Source: United States Senator for New York Charles E Schumer

    Buffalo Clean Energy Biz Like Solar Liberty Were Boosted By Federal Clean Energy Incentives – But Now Face Major Issues For Future Of Business Under GOP Job-Killing Bill – And Families Who Tap These Programs To Lower Their Energy Bills In WNY Could Be Left High & Dry

    House GOP Rushed Trump’s Tax Giveaway To Billionaires, Gutting Fed Clean Energy Tax Credits That Lower Energy Costs and Boost & Local Jobs – Now Even House Rs Are Regretting It, Asking Senate GOP To Reverse Cuts They Voted For; Senator – With Impacted Buffalo Businesses, Families, Union Workers – Shows Local Impact Of These Cuts, Demands GOP Block It

    Schumer: ‘Big, Beautiful Bill’ Is A ‘Big, Bad Blow’ To Western NY Jobs, Families & Businesses

    Standing at Buffalo’s Solar Liberty, one of the largest solar installers in the region, U.S. Senator Chuck Schumer warned how the GOP plan to kill clean energy tax credits could raise energy costs for Western NY families, slash local jobs, and devastate Buffalo’s clean energy businesses & manufacturers.

    Schumer explained these unpopular, job-killing cuts in Trump’s “Big Beautiful Bill” have already created panic among House Republicans and companies, and even House Republicans who voted for this bill last month are now begging to save these tax credits. Schumer said Solar Liberty is just one of many local Buffalo businesses that could be decimated by this bill and demanded the GOP block these tax hikes that could devastate Buffalo families and small businesses.

    “Right now, we are at Defcon 1 for America’s clean energy future. Trump’s ‘Big, Beautiful Bill’ would deal a ‘big bad blow’ to Buffalo, raising families’ energy costs and killing good-paying local jobs. These federal clean energy investments have boosted Buffalo’s businesses, like Solar Liberty, which is helping families and businesses save on their monthly energy bills. The current GOP bill would decimate the programs these companies rely on, which will kill jobs and drive up energy costs for consumers,” said Senator Schumer. “It guts investment to bring clean energy manufacturing back from overseas and eliminates one of the most effective tax credits middle-class families use to lower their monthly energy bills and that Buffalo families use to help weatherize their homes to make them warmer in the winter, all to give bigger breaks to billionaires; It’s outrageous. America needs to be producing more energy, investing in making sure these jobs grow in places like Buffalo, not go back overseas. That’s why I’m demanding Republicans to stop this plan to gut America’s clean energy future and block these tax hikes that will hurt Buffalo families’ wallets and decimate jobs.”

    Schumer was joined by workers from leading clean energy company Solar Liberty, who said the elimination of these investments would be a massive blow to their businesses, employees, and customers. Buffalo’s Solar Liberty employs nearly 100 workers and has helped thousands of families and businesses across the Northeast install solar panels for over two decades, reducing their energy bills by hundreds or even thousands per year.

    Three years ago, new and expanded clean energy tax credits created in the Inflation Reduction Act expanded Solar Liberty’s ability to bring the manufacturing of solar energy parts back to Western New York. Solar Liberty is growing rapidly by building out community solar projects, partnering with schools and nonprofits to take advantage of new direct-pay credits, and expanding battery storage, now eligible for a 30% federal tax credit even when deployed without solar. These IRA-driven incentives have not only boosted deployment and manufacturing but are also helping underserved communities and energy transition hubs across Western New York access affordable, reliable, clean power.

    However, the House GOP bill would make it more difficult for both residents and businesses to work with Solar Liberty to install solar panels. Cutting the Residential Clean Energy Credit – which gives New York families a 30% discount on home energy improvements, like solar panels – would make the cost of installing solar panels skyrocket for hardworking families, gutting Solar Liberty’s main customer base. Schumer said if this bill passes, it will pull the rug out from under Solar Liberty just as it is growing, rendering their investments in Buffalo worthless and forcing them to lay off local workers.

    “Since 2005, the Federal Investment Tax Credit has supported 280,000 American jobs, strengthened energy independence, and delivered cost-saving solutions for millions of families and businesses,” said Adam Rizzo, President of Solar Liberty. “As energy demand accelerates, solar’s unmatched speed of deployment makes it one of the most effective tools we have to strengthen America’s energy future. We’re grateful to Senator Schumer for his steadfast support in advancing solar energy and helping drive this progress forward.”

    Brian Gould, retired Cheektowaga Police Chief, hired Solar Liberty to install solar panels with help from the Residential Clean Energy Tax Credit. Gould said the cost would have been prohibitive without these tax credits, but now he is saving over $1,000 every year on his energy bill. If these tax credits are repealed, the cost of making homes more energy efficient will skyrocket, and families like Gould’s would not have the support they need to bring their energy costs down. Thousands of families across New York State are waiting to see what the GOP does in Washington and are holding off on new clean energy installations, hurting companies like Solar Liberty and the thousands of workers in the clean energy industry. Singer Farm Naturals used the 30% Federal Investment Tax Credit to install two solar arrays, cutting a significant portion of their upfront costs and lowering long-term energy expenses. Programs like this, along with USDA Rural Energy for America Program (REAP) grants, have been essential to keeping operating costs down — and are now under threat in the proposed federal budget.

    “As a homeowner who installed solar back in 2013, I know firsthand how important federal tax credits are in making clean energy affordable,” said Brian Gould, a residential solar customer. “Those incentives made it possible for me to go solar—and today, I save over $1,000 a year on my electric bills. The Inflation Reduction Act builds on that foundation, making it easier than ever for families to make the switch. These credits are helping more people access solar, lower their energy costs, and invest in a cleaner future. Rolling them back now would make home solar harder to afford and deny others the same opportunity I had to take control of my energy and support local jobs.”

    The GOP bill would kill clean energy incentives already benefiting hundreds of New York businesses with ongoing projects and the families who are using them to help improve their homes’ energy efficiency and lower their electric bills. Schumer specifically highlighted how the bill:

    • Eliminates the Energy Efficient Home Improvement Tax Credit, which provides families in New York up to $3,200 to help weatherize their homes for better protection in the harsh winters and make improvements to their home’s energy efficiency, lowering their electric bills with qualifying items like doors, windows, better insulation and heat pumps, and more.
    • Eliminates the Residential Clean Energy Credit, which gives New York families a 30% discount on home energy improvements, like solar panels, heat pumps, or energy storage, that help lower energy bills and keep the lights on during power outages.

    It isn’t just solar that would be hurt; these cuts hurt businesses across the clean energy sector and its supply chains. Viridi Parente, a fast-growing company on Buffalo’s East Side, has added hundreds of good-paying jobs, growing the domestic battery manufacturing industry with support from clean energy tax credits created by the Inflation Reduction Act, such as the Advanced Manufacturing Production tax credit. Viridi Parente helped breathe new life into the former American Axle Factory, which was once the beating heart of the community. However, if the GOP bill becomes law, it would be a major blow to Viridi Parente’s progress in growing the domestic battery manufacturing industry, gutting federal investment at a time when it is critically needed.

    Schumer said clean energy tax incentives have spurred a clean energy boom in New York State, and rolling them back would have devastating impacts. The Clean Economy Tracker estimates the Inflation Reduction Act’s incentives have spurred over $5 billion worth of investments in clean manufacturing in New York, creating over 7,200 jobs. Data from NERA Economic Consulting shows that repealing clean energy tax credits could cause New York to lose up to 20,300 jobs as clean energy projects are cancelled or scaled back, with a whopping nearly $3.5 billion hit to the state’s GDP, and New Yorkers paying up to $650 in higher energy costs each year by 2032 if these devastating cuts become law.

    Already, Republicans have shown doubts about the provisions in this bill. Earlier this month, thirteen House Republicans sent a letter to Senate Republican leaders urging them to scale back clean energy cuts in the “Big, Beautiful Bill” – the very bill their votes helped pass in the House.

    “The fight is far from over. House Republicans’ latest flip-flopping shows our pressure is working, and we have a real opportunity to get them to go back to the drawing board on this bill, and stop their attacks to totally eliminate these clean energy tax credits. And we are doing that by showing the real-world impacts, the jobs lost, and lives devastated by their brutal cuts,” added Schumer.

    Schumer said if this House Republican plan goes through, many of the clean energy projects spurred by the IRA could be forced to scale back or even stop, the workers building the future of American energy would be laid off, and projects that otherwise would have plugged into the grid will never come to fruition. That would impact both major NY employers and manufacturers in the clean energy, manufacturing, electric vehicle, battery, and research sectors, and also our small businesses and major economic projects slated to come to New York. Schumer said the House Republican bill would repeal the very parts of the Inflation Reduction Act that have helped companies grow in New York and spurred millions of investments, many of which are in Republican districts such as:

    • Eliminates the Clean Electricity Investment & Production Credits that support more cheap, clean electricity. With natural gas turbines on a five-year delay, the IRA’s clean electricity tax credits have ensured a robust buildout of wind and solar power while spurring demand for American-made energy products and helping keep electricity prices from increasing.
    • Sabotages the Advanced Manufacturing Investment Tax Credit that has generated a more than five-fold increase in investment in manufacturing in the solar and EV supply chains, creating thousands of good-paying jobs and shifting these industries out of China to the U.S.
    • Eliminates the IRA’s Electric Vehicle Tax Credits that make it cheaper to buy new and used electric and plug-in hybrid cars, and has led to a massive onshoring of EV and battery supply chain manufacturing, undercutting China and bolstering American companies.
    • Eliminates the New Energy-Efficient Home Credit that makes it cheaper to build new, highly efficient and affordable homes, expanding the housing supply while reducing energy costs.
    • Eliminates the Clean Hydrogen Production Tax Credit that supports American-made clean hydrogen, led by New York companies like Plug Power and Air Products, to be used for clean manufacturing and agriculture.

    Repealing the clean energy tax incentives would also be a disaster for America that Schumer said would cede energy manufacturing leadership to China, which already produces a significant amount of the world’s clean technologies like solar panels, wind turbines, and batteries. If companies can no longer support clean energy manufacturing in the United States, they will bring these projects to America’s competitors, and jobs that would’ve otherwise been created in America will be created in countries like China. This will destabilize American supply chains and make American families and businesses reliant on China and other foreign countries for cheap energy.

    “We’re grateful to Senator Schumer for providing strong, common-sense leadership at a time when what we’ve fought so hard to deliver for working people is being threatened by this administration. Organized Labor has fought nationally for generational investments in clean energy and a green transition away from fossil fuels, and we’ve won many of those fights with Senator Schumer’s support. Now those wins are being threatened. The climate crisis is already making workers less safe on the job. From blistering farm fields to sweltering classrooms, workers will continue to suffer and die as long as the current President and Congress continue to deny scientific consensus and defund projects and programs that set us on an environmentally stable path. Working families in Buffalo know better than most the devastation of changing industry and the benefits of renewable energy sources for our communities. Corporate and political greed—lining the pockets of billionaires at workers’ expense—is unsustainable, and we’ll keep fighting it every step of the way forward,” said Buffalo Central Labor Council President Denise Abbott.

    “Clean Air members are working class people who have suffered the brunt of pollution from the burning of gas and coal for energy. Clean energy tax credits can lower our energy bills, reduce pollution protecting our health, and provide family- sustaining jobs. he house bill is a bad deal for the working class. We stand with Senator Schumer to ask that these clean energy credits be protected,” said Chris Murawski, Executive Director, Clean Air Coalition of Western New York.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: Early Release of 2024 Power Plant Operations Report Data

    Source: US Energy Information Administration

    The survey Form EIA-923 collects detailed electric power data — monthly and annually — on electricity generation, fuel consumption, fossil fuel stocks, and receipts at the power plant and prime mover level. Specific survey information provided:

    • Schedule 2 – fuel receipts and costs
    • Schedules 3A & 5A – generator data including generation, fuel consumption and stocks
    • Schedule 4 – fossil fuel stocks
    • Schedules 6 & 7 – non-utility source and disposition of electricity
    • Schedules 8A-F – environmental data

    Monthly data (M) -approximately 3,034 plants from the monthly survey
    Annual final data – approximately 3,034 monthly plants + 9,528 plants from the annual survey

    The EIA-906, EIA-920, EIA-923 and predecessor forms provide monthly and annual data on generation and fuel consumption at the power plant and prime mover level. A subset of plants, steam-electric plants 10 MW and above, also provides boiler level and generator level data. Data for utility plants are available from 1970, and for nonutility plants from 1999. Beginning with January 2004 data collection, the EIA-920 was used to collect data from the combined heat and power plant (cogeneration) segment of the nonutility sector; also as of 2004, nonutilities filed the annual data for nonutility source and disposition of electricity. Beginning in 2007, environmental data was collected on Schedules 8A – 8F of the Form 923 and includes by-product disposition, financial information, NOX control operations, cooling system operations and FGP and FGD unit operations. Beginning in 2008, the EIA-923 superseded the EIA-906, EIA-920, FERC 423, and the EIA-423. Schedule 2 of the EIA-923 collects the plant level fuel receipts and cost data previously collected on the FERC and EIA Forms 423. Fuel receipts and costs data prior to 2008.

    Power plant data prior to 2001 are separate files for utility and nonutility plants. For 2001 data and subsequent years, the data are Excel spreadsheet files that include data for all plants and make other changes to the presentation of the data.

    The Form EIA 906/920 data for 2004-2006 were updated. A new method of allocating fuel consumption between electric power generation and useful thermal output (UTO) was implemented for 2004-2008. This new methodology proportionally distributes a combined heat and power (CHP) plant’s losses between the two output products (electric power and UTO). In the historical data, UTO was consistently assumed to be 80 percent efficient and all other losses at the plant were allocated to electric power. This change results in the fuel for electric power to be lower, while the fuel for UTO is higher than the prior set of data as both are given the same efficiency. This results in the appearance of an increase in efficiency of production of electric power between 2003 and 2004. The same methodology is applied to final 2007 and preliminary 2008 data. More information about the methodology can be found in the Appendix C, Technical Notes, to the Electric Power Monthly

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: Financial Review – Upstream: 2024

    Source: US Energy Information Administration

    Petroleum & Other Liquids

    Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids.

    Natural Gas

    Exploration and reserves, storage, imports and exports, production, prices, sales.

    Electricity

    Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions.

    Coal

    Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports.

    Total Energy

    Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: PRESS RELEASE: Rep. Barragán Leads Congressional California Delegation Letter to Governor Newsom and State Legislators to Protect Access to Medi-Cal and In-Home Care in 2025-26 Budget 

    Source: United States House of Representatives – Representative Nanette Diaz Barragán (CA-44)

    FOR IMMEDIATE RELEASE

    13 June 2025

    Contact: Jin Choi

    Rep. Barragán Leads Congressional California Delegation Letter to Governor Newsom and State Legislators to Protect Access to Medi-Cal and In-Home Care in 2025-26 Budget 

    WASHINGTON, D.C. — Today, U.S. Congresswoman Nanette Barragán (CA-44), a member of the Energy & Commerce Subcommittee on Health, led 16 Members of the California Congressional Delegation in a letter urging Governor Newsom and State Legislators to protect Medicaid, known in California as Medi-Cal, and in-home care in the 2025-26 state budget.

    Governor Newsom’s May Budget Revision proposes to cut access to Medi-Cal and in-home care through Medi-Cal’s In-Home Supportive Services (IHSS) program. IHSS is a type of state and federally-funded Home and Community-Based Services that provides in-home assistance to eligible seniors and people with disabilities as an alternative to out-of-home care. This program allows Californians to remain safely and independently in their own homes and in the community.

    “Medi-Cal and In-Home Supportive Services are essential to helping our most vulnerable community members, including seniors, adults and children with disabilities, and low-wage home care workers,” said Rep. Barragán. “Now, more than ever, it is critical that we preserve access to Medi-Cal. Investing in essential primary health care and social support services like Medi-Cal provides helps lower costs by keeping Californians out of emergency rooms, preventing chronic diseases, and reducing institutionalization or homelessness. Our healthcare system should support Californians, not require them to stay in poverty.”

    “Disability Rights California thanks Congresswoman Barragán for her longstanding commitment to ensuring access to Medi-Cal home and community-based services for disabled Californians, said Andy Imparato, CEO, Disability Rights California. “It is critical to the health, safety, and wellbeing of thousands of Californians with disabilities that the proposals to cap IHSS provider hours and reinstate the Medi-Cal asset limit do not move forward.”

    The letter also acknowledges that the State Legislature took meaningful steps to protect access to Medi-Cal and IHSS in the Legislature’s Version of the Budget.

    In addition to Barragán, the letter is signed by Reps. Judy Chu (CA-28), Mark DeSaulnier (CA-10), Jared Huffman (CA-02), Ro Khanna (CA-17), Ted Lieu (CA-36), Zoe Lofgren (CA-18), Linda Sánchez (CA-38), Doris Matsui (CA-07), Dave Min (CA-47), Raul Ruiz (CA-25), Lateefah Simon (CA-12), Mark Takano (CA-39), Mike Thompson (CA-04), Norma Torres (CA-38), Juan Vargas (CA-35), and Maxine Waters (CA-44).

    The letter is endorsed by Disability Rights California and Justice in Aging.

    The full text of the letter can be found here.

    ###

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: A Deeper Look at Hidden Damage: Nano-CT Imaging Maps Internal Battery Degradation

    Source: US National Renewable Energy Laboratory


    NREL researchers are using state-of-the-art nano-CT imaging to reveal microscopic damage and hidden flaws in lithium-ion battery microstructures. Photo by Gregory Cooper, NREL

    The minerals that power lithium-ion batteries—including lithium, nickel, cobalt, manganese, and graphite—are both highly valuable and difficult to come by.

    As battery storage capacity across the United States continues to grow, constraints on the mining, refining, and processing of key minerals leaves our energy systems vulnerable to the fluctuations of foreign markets. China maintains significant control across the battery supply chain, including 60% to 90% of global mineral processing for lithium, nickel, and cobalt, according to a recent report from the U.S. Department of Energy.

    Direct recycling of battery cathodes within the United States offers an opportunity to strengthen domestic battery supply chains and extend the lifespan of critical materials. However, traditional battery recycling methods are expensive and energy intensive, breaking down materials to their basic elements and rebuilding batteries from scratch.  

    National Renewable Energy Laboratory (NREL) researchers are exploring an alternative method in direct recycling, which aims to preserve and refurbish battery components for a more efficient and cost-effective process. Unfortunately, not all direct-recycled batteries are created equal. Microscopic and difficult-to-detect damage within cells builds up over time, weakening the performance of some batteries. High-quality recovered materials ensure that recycled batteries achieve the performance and lifetime expected by consumers.  

    High-Resolution Insights To Improve Recovery

    NREL researchers look to X-ray nanoscale computed tomography (nano-CT) imaging of batteries at the end of their useful life to reveal hidden flaws that impact the quality of materials recovered for recycling. NREL’s state-of-the-art nano-CT scanner can achieve an impressive 50-nanometer spatial resolution—an ability typically reserved for high-energy synchrotron X-ray facilities.

    This advanced imaging tool allows researchers to analyze the internal structure and composition of energy materials in exceptional detail. Because nano-CT is nondestructive, scientists can observe these changes as they happen in real time, offering essential insights into how battery materials change during operation and cycling.

    “This in-house, high-resolution imaging allows us to inspect specific degradation types that exist in end-of-life battery materials,” said NREL’s Donal Finegan, a senior energy storage scientist. “Combined with other microscopy tools and advanced artificial intelligence, nano-CT helps pinpoint barriers facing direct recycling so we can develop techniques to recover and refurbish high-quality materials that maximize battery performance.”

    Tiny Cracks, Big Impacts

    “Early in this project, we found that the end-of-life material showed a similar energy capacity to pristine, unused battery cells, however, the charging rate was severely diminished,” said Melissa Popeil, an NREL energy storage doctoral researcher. “We were surprised to find that the primary damage type limiting battery performance was morphological changes, or particle cracking within the material microstructure.”

    What started as a basic electrochemical performance evaluation quickly expanded to include in-depth characterization of battery cell capacity, composition, morphology, microstructure, and more to determine the extent of degradation. To maintain real-world relevancy, the project looked at commercial battery cells that were cycled under realistic, long-term conditions as part of the U.S. Department of Energy’s Vehicle Technologies Office. Researchers used nano-CT scanning alongside NREL’s Microstructure Analysis Toolbox (MATBOX) to identify and quantify the types of damage within each cell, isolating different layers to maximize spatial variation.

    As researchers continue to develop new direct recycling processes, they will need to address these severe cracks in the cathode active materials. Fortunately, NREL researchers are up to the challenge.

    “Now that we’ve identified the extent of this cracking, we are evaluating new ways to process the end-of-life material to repair some of that damage,” Popeil said. “By targeting mechanical changes to the material, we can avoid extensive chemical processing in favor of simplified and more efficient recovery methods.”

    This research underscores the importance of advanced characterization techniques, such as nano-CT scanning, when determining a future for spent or discarded lithium-ion batteries. Researchers will next expand the project to include a wider range of battery materials entering the waste stream to optimize recycling processes for different battery chemistries, extending the lifetime and value of critical minerals within the U.S. supply chain.

    Learn more about NREL’s energy storage and  transportation and mobility research. And sign up for NREL’s quarterly transportation and mobility research newsletter to stay current on the latest news.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI: Apollo Capital Wins Proxy Contest at MediPharm Labs

    Source: GlobeNewswire (MIL-OSI)

    MediPharm Labs’ Board’s Material and Unprecedented Breaches of Securities Laws Are Part of Their Undoing

    Apollo Capital’s Entire Slate of Board Nominees Constitute the New Board of Directors for MediPharm Labs Effective Today

    TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital” or “Apollo”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, announced today that it considers the results of MediPharm Labs’ 2025 Annual and Special Meeting of shareholders (“Annual Meeting”) a clear victory for Apollo, as all of MediPharm’s proxies – solicited using the green proxy form – are illegal and invalid under securities law and cannot be counted.

    Apollo Capital has been advised by its legal counsel that MediPharm’s solicitation of proxies in connection with the Annual Meeting is illegal due to material non-compliance with the notice-and-access laws under Section 2.7.1(2) of National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer (“NI 54-101”), since MediPharm illegally included additional materials in its proxy mailing that are expressly prohibited under Section 2.7.1(1)(a) of NI 54-101.

    These legal failures, which MediPharm has itself acknowledged, are not curable under the law, and demonstrate yet again MediPharm’s complete disregard for its shareholders and the law, in favor of the incumbent board’s personal interests. Given that MediPharm did not restart the election process and re-mail compliant materials to all shareholders at least 21 days in advance of the Annual Meeting, as clearly required under securities law, all proxies submitted on the green proxy card or voting instruction form were illegally solicited and must lawfully be declared invalid and discarded by Meeting Chair Chris Halyk. Apollo Capital’s GOLD proxies are therefore the only valid proxies on record.

    Meeting Chair Mr. Halyk testified under oath that he would not favor MediPharm over the dissident shareholders in his role and affirmed that he owes a fiduciary duty to all shareholders. As Chair, Mr. Halyk does not have the authority to waive illegal activity. If Mr. Halyk does not want to further implicate himself in this tainted and illegal process, the only course of action for him is to officially declare that any votes solicited using MediPharm’s green proxy form or voting instruction form are illegal under securities law and cannot be counted.

    MediPharm committed to obeying the law at the June 16, 2025 Annual Meeting when appearing before the Honorable Madame Justice Dietrich on June 10, 2025. Apollo is fully expecting MediPharm to comply with the commitment that it made to Justice Dietrich and vacate the board in favor of the Apollo nominees today, as is required by law.

    “This is not a legal technicality. This is an unprecedented breach of securities laws governing proxy solicitation meant to ensure each shareholder is fairly and consistently informed. We have never before seen such an egregious breach of these laws. This alone underscores the urgent need for new leadership at MediPharm. MediPharm’s board of directors (the “Board”) continues to act in unlawful and nefarious ways to further entrench and enrich themselves at shareholders’ expense,” said Regan McGee of Apollo Capital.

    With management’s green proxy cards and voting instruction forms invalid as a result of MediPharm’s illegal solicitation of proxies, the outcome of the election is unequivocal: Apollo Capital’s GOLD card has won. Apollo Capital has adhered fully to the rules governing proxy solicitation, conducted a fair and lawful election process, and – given that its GOLD proxy cards are the only valid proxies under applicable securities laws – Apollo Capital has secured victory in its campaign to restore value, integrity, legal compliance and leadership at MediPharm Labs.

    +++

    “MediPharm’s current leadership has presided over massive value destruction, poor governance, repeated strategic missteps and credible securities fraud allegations. Now, the same leadership stands behind a corrupt, tainted and illegal proxy process and tactics aimed at silencing shareholders and further entrenching themselves. Shareholder rights and the integrity of the vote have not been protected. MediPharm’s shareholders deserve better,” said Regan McGee of Apollo Capital.

    “During this proxy contest, MediPharm’s management and Board have repeatedly undermined a fair process through unlawful procedural violations, obstructionist tactics, and a disregard for basic principles of corporate governance. The premise for their entire campaign was to spread disinformation to their own shareholders. This is not the behavior of a Board acting in good faith or in the best interests of shareholders – it’s the behavior of entrenched directors desperate to cling to power at any cost. This is why the Board went to such great lengths to block the appointment of an independent chair. While we respectfully don’t agree with the decision to allow Mr. Halyk to act as the Meeting Chair, we will see if he rightfully declares the GOLD proxy cards the only valid ones.

    The law is crystal clear: if you break the notice-and-access laws, the proxies you solicit are illegal and invalid.

    Now that Apollo’s nominees have won the proxy contest and constitute the lawful board of directors of MediPharm Labs, we look forward to working with all shareholders to turn the Company around, work to get the share price back to over $1 per share and build MediPharm into the world’s leading medical cannabis company,” said Regan McGee of Apollo Capital.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    media@curemedipharm.com

    This solicitation is being made by and on behalf of Apollo Capital, who, as of the date of this Circular, beneficially owns or controls, directly and indirectly through its wholly-owned subsidiary, Nobul Technologies Inc., 12,491,500 common shares of the Company (“Common Shares”), representing approximately 3% of the total Common Shares issued and outstanding, and not by the management of the Company.

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting of shareholders of MediPharm, Apollo Capital has filed an amended and restated dissident information circular dated May 15, 2025 (the “Circular”), as amended and supplemented by an addendum to the Circular subsequently filed by Apollo Capital and Patrick McCutcheon (together, the “Concerned Stakeholder”) dated June 4, 2025 (the “Addendum” and together with the Circular, the “Amended Circular”), each in compliance with applicable corporate and securities laws. The Concerned Stakeholder has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Amended Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Amended Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of the Concerned Stakeholder’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Amended Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE AMENDED CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Amended Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Amended Circular and other relevant documents by contacting the Concerned Stakeholder’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com. Finally, the Amended Circular is available on this website https://www.curemedipharm.com/historical-filing/investor-flyer.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by the Concerned Stakeholder and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by the Concerned Stakeholder is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of the Concerned Stakeholder who will not be specifically remunerated therefor. In addition, the Concerned Stakeholder may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy for solicitation and advisory services in connection with the solicitation of proxies by the Concerned Stakeholder for the Annual Meeting, for which Carson Proxy will receive a fee from Apollo Capital not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide the Concerned Stakeholder with certain communications, public relations and related services, for which G&Co will receive, from Apollo Capital, a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that the Concerned Stakeholder’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of the Concerned Stakeholder nor any of their respective associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of the Concerned Stakeholder nor any of their respective associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors and the election of directors to the Board.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of the Concerned Stakeholder and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and the Concerned Stakeholder disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Concerned Stakeholder hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    The MIL Network –

    June 17, 2025
  • MIL-OSI: Electrify Expo’s Return to Southern California Marks Milestone Growth for the Nation’s Largest EV Festival

    Source: GlobeNewswire (MIL-OSI)

    • Electrify Expo brings in its largest exhibitor participation ever to a new venue at the Port of LA
    • Kia, Volvo and Lexus will debut their most anticipated new vehicles alongside current models
    • Tesla will offer the exclusive opportunity for self driving demos at the LA festival
    • Notable new exhibitors include Karma Automotive, Drako Motors, Verge Motorcycles, ChargePoint and more
    • The first eVOTL personal aircraft, Pivotal Helix, will join the lineup in LA
    • Two ticket options available, with general admission starting at $20
    • Festival runs June 21-22 from 9 a.m. to 5 p.m.; tickets available online and in person

    LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) — Electrify Expo, North America’s largest electric vehicle (EV) and technology festival, is returning to Southern California with its largest lineup of exhibitors ever. The festival will take over the Port of LA for the first time, bringing over 1 million square feet of electric demos, experiences, entertainment zones and never-before-seen electric vehicles. Electrify Expo welcomes new exhibitors to join the EV festival including ChargePoint, Verge Motorcycles, Karma Automotive, Drako Motors and many others.

    California continues to lead the nation in EV adoption, standing out as a hub for innovation and consumer demand. As more drivers explore what going electric means, they’re looking for flexible options that fit their lifestyle, whether that’s fully electric vehicles, hybrids or e-bikes. According to the California New Car Dealers Association’s auto outlook released in April 2025, hybrids now hold 17.9% of the automotive market share in the state. At Electrify Expo attendees will experience the full spectrum of electric offerings, making it the ideal place for first-time shoppers, long-time enthusiasts and even skeptics.

    “California has long led the way in EV adoption, but we’re now seeing a fresh wave of interest from consumers who have been watching from the sidelines—many of whom are now waking up to the practicality of EVs,” said BJ Birtwell, CEO and Founder of Electrify Expo. “Today’s EVs are more affordable, go farther than ever and charge faster than people think. They are the clear practical choice in California where EV infrastructure is abundant and gas prices are surging. We’re ready to bring the festival back to LA with more brands, more options and more excitement than ever.”

    New Attractions for Los Angeles:

    • For the first time ever, Electrify Expo will have the Pivotal Helix, an eVTOL personal aircraft, on display for attendees to experience the future of transportation with SoFly.
    • The all-new, fully electric Volvo EX30 Cross Country is making its North American debut in Los Angeles, showcasing how big experiences can come in a small SUV. Joining it is the refreshed Volvo XC60 Plug-In Hybrid, on public display for one of the first times, highlighting one of the Swedish automaker’s best-selling SUVs designed to suit every kind of driver.
    • Be among the first to experience the all-new 2026 Lexus ES 500e, making its public debut at Electrify Expo LA. Joining the spotlight is the enhanced 2026 Lexus RZ 350e—part of a new, extended lineup engineered for more power, greater efficiency, and an even more dynamic drive.
    • As seen at auto shows, Kia is bringing its all-new EV9 ADVNTR CONCEPT, an all-electric SUV built for extreme yet sustainable off-road adventure based on the successful 3-row EV9.
    • Join Ford for hot laps in the Mustang Mach-E GT with professional drivers at the Ford Thrill Zone and take the wheel yourself with test drives of the Mustang Mach-E and F-150 Lightning, as well as have the chance to see a one-of-a-kind adventure-focused Mustang Mach-E Rally built by off-road racer Jim Beaver.
    • General Motors brands including Cadillac, Chevrolet and GMC will be bringing every electric offering, marking their first Electrify Expo California stop.
    • Verge Motorcycles joins the Electrify Expo roster and will have its California Edition, homage to the Californian way of life, available for demos and on display.
    • Former professional NBA basketball player turned Los Angeles Clippers TV analyst, Corey Maggette will have a meet and greet on Saturday, June 21 from 1 p.m. to 2 p.m. at the Kia booth.
    • The Electric Freestyle Motocross Stunt Zone will feature X Games Gold Medalist Destin Cantrell and his freestyle MX team, who will jump and soar with electric dirt bikes in thrilling live performances at select times over the weekend.
    • Electrify Race League will host its championship event with the top athletes in e-mobility from across the nation for a thrilling series of competitions.

    Attendees will take the driver’s seat in the newest electric vehicles from top automakers, including:

    • Ford
    • Lexus
    • Lucid
    • Tesla
    • Toyota
    • Volvo
    • Cadillac
    • Chevrolet
    • GMC
    • Kia
    • Rivian
    • Drako Motors
    • Karma Automotive

    Top micromobility brands invite attendees to cruise around with the hottest e-bikes, e-scooters, e-motorcycles and other electric rideables on the market, including:

    • Verge Motorcycles
    • P-51 Bikes
    • ONYX Motors
    • Can-Am
    • GoTrax
    • SUPER73
    • Jack Rabbit
    • Monday Motorbikes
    • E-Z-GO
    • … and many more!

    Electrify Expo’s gates will open at 9 a.m. on Saturday, June 21 and Sunday, June 22, with the full day of festivities concluding at 5 p.m. Tickets are available for purchase in person and online.

    For the 2025 LA festival, Electrify Expo will offer two ticket options to suit every attendee’s needs:

    • General Admission Pass ($20): All day access to the festival and demo experiences.
    • Power Pack ($55): The best of both worlds, early entry plus priority access for the ultimate experience.

    Media interested in attending may request credentials by emailing ee@skyya.com. Companies interested in exhibiting at the 2025 Electrify Expo locations can visit https://www.electrifyexpo.com/partner-registration.

    About Electrify Expo
    Electrify Expo is North America’s largest electric vehicle (EV) and technology festival, where consumers come to shop and experience all things electric. The festival showcases the industry’s leading brands and exciting startups through hands-on activations, demos and experiences spanning EVs, micromobility, solar energy, charging solutions, powersports, automotive aftermarket, and connected home technology, providing attendees with immersive learning opportunities and memorable interactions. From high-powered demo courses to engaging education zones, Electrify Expo offers a unique festival vibe for consumers to reshape what they think they know about EVs. In 2025, Electrify Expo’s nationwide tour will visit Orlando, Phoenix, Dallas, Los Angeles, Seattle, San Francisco, Chicago and New York. To stay up to date on the latest news and announcements from Electrify Expo, visit www.electrifyexpo.com and follow on Facebook, Instagram and YouTube.

    Media Contact
    Skyya PR
    ee@skyya.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5a53518-ac20-448d-a31c-2efea06a9446

    The MIL Network –

    June 17, 2025
  • MIL-OSI: AIXA Miner Launches AI-Powered Cloud Mining Platform with FinCEN MSB Certification

    Source: GlobeNewswire (MIL-OSI)

    AIXA Miner Image

    NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — AIXA MINER CLOUD MINING INVESTMENT LTD (“AIXA Miner”), a U.S.-based cloud mining platform, has launched its latest phase of operations featuring artificial intelligence–driven services for Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE). The company is officially registered as a Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN), reinforcing its position as a compliant mining operation under U.S. financial regulations.

    Founded in 2020, AIXA Miner operates over 100 data centers across North America, Europe, and Asia. All sites are powered by renewable energy sources, including monocrystalline solar panels and wind systems. The platform integrates AI cloud mining algorithms with cutting-edge GPU and ASIC technology to provide secure, automated mining services without requiring users to purchase or manage hardware.

    Mining begins in three steps: users create an account, select a contract plan, and automatically receive mining returns daily. Plan options include:

    • DOGE Beginner Plan
    • LTC Free Trial
    • BTC Plan
    • June Promotion

    AIXA Miner’s infrastructure leverages high-performance GPUs from NVIDIA and AMD for optimized energy efficiency. All operations run on a global network of 24/7 monitored data centers and adhere to environmentally responsible practices.

    Technological Advantages and Global Operations

    • Cutting-Edge GPU Technology: Incorporates the latest NVIDIA and AMD GPUs for optimized performance with reduced energy consumption.
    • Global Data Center Network: Distributed across three continents to enable uninterrupted 24/7 mining operations.
    • Clean Energy Solutions: Mining infrastructure is fully powered by renewable energy sources to support carbon-conscious computing.
    • AI Cloud Mining: Machine learning algorithms are utilized to enhance efficiency and resource management across all mining tasks.

    Security and transparency are prioritized through the use of cold wallet storage and third-party protections including McAfee® SECURE and Cloudflare® SECURE. The mining team comprises experienced IT engineers and blockchain professionals.

    With its regulatory certification, clean energy model, and automated infrastructure, AIXA Miner aims to deliver accessible and compliant cloud mining services to a global user base.

    Media Contact:
    like.Mikkelsen
    AIXA Miner Cloud Mining Investment Ltd
    like.Mikkelsen@aixaminer.com
    https://aixaminer.com/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/590ac217-47b8-422c-92b4-7d606015aa01

    The MIL Network –

    June 17, 2025
  • MIL-OSI USA: Hoeven, Burgum Discuss Need for Oil, Gas, Coal & Critical Mineral Production to Support U.S. Energy Dominance

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven

    06.13.25

    WASHINGTON – At a hearing of the Senate Energy and Natural Resources Committee this week, Senator John Hoeven discussed with Interior Secretary Doug Burgum efforts to advance U.S. energy dominance, including:

    • Unlocking the potential of taxpayer-owned oil, gas and coal reserves.
    • Increasing critical mineral production on federal lands.
      • Hoeven pointed to the development of Talon Metals’ minerals processing facility, which is being developed in North Dakota and will support a secure, fully-domestic supply chain for battery production.

    Hoeven stressed the importance of such activities in supporting local economies, while generating revenues for the federal government to help fund priorities and reduce the debt and deficit. Accordingly, Hoeven has been working with Burgum to provide regulatory relief and roll back burdensome rules at the Bureau of Land Management (BLM).

    “Taxpayer-owned lands and minerals are a real strategic and economic asset to our nation, but only if we have a regulatory process in place that actually allows the multiple uses that Congress has mandated for these acres, including energy production,” said Hoeven. “Doing so is not only important to local economies, but is essential to our efforts to make the U.S. truly energy dominant. We’re going to get there by providing regulatory relief and certainty for our energy and critical mineral producers, and that’s exactly what I’m working to accomplish with Secretary Burgum.”

    Providing Regulatory Relief

                In particular, Hoeven is working to rescind two Biden-era regulations at the BLM that threaten to severely limit access to vast areas of minerals and energy resources – the Public Lands Rule and the Resource Management Plan (RMP) for North Dakota. The Public Lands Rule would overhaul the management of more than 245 million acres of taxpayer-owned lands and establish “conservation leases” to lock away federal lands and minerals. At the same time, the RMP for North Dakota would close off leasing to 45 percent of potential federal oil and gas acreage and nearly 99 percent of federal coal acreage in the state.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: Hoeven, Burgum Discuss Need for Oil, Gas, Coal & Critical Mineral Production to Support U.S. Energy Dominance

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven

    06.13.25

    WASHINGTON – At a hearing of the Senate Energy and Natural Resources Committee this week, Senator John Hoeven discussed with Interior Secretary Doug Burgum efforts to advance U.S. energy dominance, including:

    • Unlocking the potential of taxpayer-owned oil, gas and coal reserves.
    • Increasing critical mineral production on federal lands.
      • Hoeven pointed to the development of Talon Metals’ minerals processing facility, which is being developed in North Dakota and will support a secure, fully-domestic supply chain for battery production.

    Hoeven stressed the importance of such activities in supporting local economies, while generating revenues for the federal government to help fund priorities and reduce the debt and deficit. Accordingly, Hoeven has been working with Burgum to provide regulatory relief and roll back burdensome rules at the Bureau of Land Management (BLM).

    “Taxpayer-owned lands and minerals are a real strategic and economic asset to our nation, but only if we have a regulatory process in place that actually allows the multiple uses that Congress has mandated for these acres, including energy production,” said Hoeven. “Doing so is not only important to local economies, but is essential to our efforts to make the U.S. truly energy dominant. We’re going to get there by providing regulatory relief and certainty for our energy and critical mineral producers, and that’s exactly what I’m working to accomplish with Secretary Burgum.”

    Providing Regulatory Relief

                In particular, Hoeven is working to rescind two Biden-era regulations at the BLM that threaten to severely limit access to vast areas of minerals and energy resources – the Public Lands Rule and the Resource Management Plan (RMP) for North Dakota. The Public Lands Rule would overhaul the management of more than 245 million acres of taxpayer-owned lands and establish “conservation leases” to lock away federal lands and minerals. At the same time, the RMP for North Dakota would close off leasing to 45 percent of potential federal oil and gas acreage and nearly 99 percent of federal coal acreage in the state.

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: Hoeven Working with Interior Secretary, USFS Chief to Improve Grazing Access on Federal Lands

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven

    06.13.25

    WASHINGTON – Senator John Hoeven this week outlined priorities to improve access to federal lands for grazers in discussions with Interior Secretary Doug Burgum and U.S. Forest Service (USFS) Chief Tom Schultz. During hearings of the Senate Energy and Natural Resources Committee and the Senate Interior Appropriations Committee, respectively, Hoeven:

    • Outlined the need to streamline the process for issuing grazing permits.
    • Discussed efforts to update the Little Missouri National Grassland Travel Management Plan.
      • Hoeven secured a commitment from Schultz to work with North Dakota Agriculture Commissioner Doug Goehring and local grazing associations during this process.
      • The senator stressed the importance of ensuring the plan works for grazers, who need reliable access to federal lands for their operations.
      • To this end, Hoeven also urged Schultz to work with him on making section line rights-of-way available so ranchers can access their cattle in the Little Missouri National Grasslands.
    • Encouraged Schultz to continue working with him on better managing pests in the national grasslands, including prairie dogs and noxious weeds.
      • Hoeven highlighted his previous work with USFS Deputy Chief Chris French on efforts to address noxious weeds on the Dakota Prairie Grasslands and urged Schultz to maintain these efforts.

    “We’ve had a tremendous partnership with USFS Deputy Chief French who has worked with us to address our priorities for the national grasslands, like noxious weed control. This week’s hearings were an opportunity to keep these initiatives moving forward, ensure these federal acres are properly managed and improve access for grazing,” said Hoeven. “Importantly, Chief Schultz has committed to consult with our grazers and Ag Commissioner Goehring as the Travel Management Plan for the Little Missouri National Grassland is updated. That’s a critical part of our work to make sure we have rancher-friendly policies in place that strengthen access to the vast federal acreage in North Dakota.”

    MIL OSI USA News –

    June 17, 2025
  • MIL-OSI USA: Hoeven Working with Interior Secretary, USFS Chief to Improve Grazing Access on Federal Lands

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven

    06.13.25

    WASHINGTON – Senator John Hoeven this week outlined priorities to improve access to federal lands for grazers in discussions with Interior Secretary Doug Burgum and U.S. Forest Service (USFS) Chief Tom Schultz. During hearings of the Senate Energy and Natural Resources Committee and the Senate Interior Appropriations Committee, respectively, Hoeven:

    • Outlined the need to streamline the process for issuing grazing permits.
    • Discussed efforts to update the Little Missouri National Grassland Travel Management Plan.
      • Hoeven secured a commitment from Schultz to work with North Dakota Agriculture Commissioner Doug Goehring and local grazing associations during this process.
      • The senator stressed the importance of ensuring the plan works for grazers, who need reliable access to federal lands for their operations.
      • To this end, Hoeven also urged Schultz to work with him on making section line rights-of-way available so ranchers can access their cattle in the Little Missouri National Grasslands.
    • Encouraged Schultz to continue working with him on better managing pests in the national grasslands, including prairie dogs and noxious weeds.
      • Hoeven highlighted his previous work with USFS Deputy Chief Chris French on efforts to address noxious weeds on the Dakota Prairie Grasslands and urged Schultz to maintain these efforts.

    “We’ve had a tremendous partnership with USFS Deputy Chief French who has worked with us to address our priorities for the national grasslands, like noxious weed control. This week’s hearings were an opportunity to keep these initiatives moving forward, ensure these federal acres are properly managed and improve access for grazing,” said Hoeven. “Importantly, Chief Schultz has committed to consult with our grazers and Ag Commissioner Goehring as the Travel Management Plan for the Little Missouri National Grassland is updated. That’s a critical part of our work to make sure we have rancher-friendly policies in place that strengthen access to the vast federal acreage in North Dakota.”

    MIL OSI USA News –

    June 17, 2025
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