Green Stock News for November 20, 2024: $BEP $WRD $XCH $DMGGF

Green Stock News

Welcome to the green stock news brief for Wednesday, November 20th. Here are today’s top headlines:

Brookfield Renewable (NYSE: BEP), The Tennessee Valley Authority and Argo Infrastructure have signed a 10-year power purchase agreement (PPA) for carbon-free energy from the Smoky Mountain Hydroelectric facilities, starting in 2025. The agreement will deliver over 14 gigawatt-hours annually, supporting TVA's 2050 net-zero goal and avoiding approximately 1.1 million tons of CO2 emissions each year.

WeRide (NASDAQ: WRD) has launched Singapore's first commercial autonomous sanitation project with its Robosweeper models, now operating at Marina Coastal Drive and Esplanade. Partnering with Chye Thiam Maintenance, WeRide achieved rapid deployment in under six months, offering efficient, eco-friendly solutions aligned with Singapore’s low-carbon goals.

XCharge (NASDAQ: XCH) North America has partnered with Grensol Group to develop an industrial recycling solution for end-of-life EV charging equipment, reducing waste and advancing a circular economy. Utilizing advanced recovery technologies and research by Worcester Polytechnic Institute, the collaboration aims to reclaim critical materials for sustainable EV infrastructure.

DMG Blockchain Solutions (OTCMKTS: DMGGF) is expanding its mining operations with a $5 million purchase of Bitmain hydro miners, adding 5 megawatts of capacity and increasing its projected hashrate to 2.1 EH/s by early 2025. Leveraging $16 million in recent fundraising, DMG is also exploring investments in AI infrastructure and digital asset custody, aligning with its strategic growth initiatives.