renewable energy

Gold Royalty Corp (GROY) completed acquisition of a royalty on Chile’s Pedra Branca copper‑gold mine, securing a 25% NSR on gold and 2% NSR on copper from West/East zones. The mine is projected to produce 120,000 ounces of gold and 180,000 tonnes of copper annually. The deal diversifies GROY beyond gold‑only royalties, adding copper exposure and offering an estimated $80 million contribution in 2026 at $2,100/oz gold and $9,000/t copper. The off‑balance‑sheet royalty provides upside with low operational risk, supported by recent processing upgrades and renewable energy use.

words.Ben Powell, BlackRock’s Middle East‑APAC chief strategist, says AI‑related capital spending is far from peaked, with “picks‑and‑shovels” firms such as chipmakers, power generators and copper‑wire producers set to reap the biggest gains. He notes the ongoing capex surge, rising data‑center power demand and growing use of credit markets by tech giants, suggesting more funding will flow to hardware, energy and infrastructure suppliers rather than model developers, prompting “positive surprises” for those stocks.

TotalEnergies has sold a 12.5% stake in Nigeria’s OML 118 to Shell Nigeria and Nigerian Agip Exploration for $510 million. The deal involves the Bonga oil field and aligns with TotalEnergies’ strategy to optimize its portfolio and focus on high-return ventures. Analysts suggest this move signals a broader trend of international oil companies reassessing investments in mature African oil fields due to concerns over security, regulation, and the energy transition. TotalEnergies remains a significant player in Nigeria despite the divestment.

Quanta Services (PWR) executives, CEO Duke Austin and CFO Jayshree Desai, will participate in the UBS Global Industrials and Transportation Conference on December 2, 2025. They will meet with investors and engage in a fireside chat at 10:30 a.m. ET, webcast live on Quanta’s investor relations website. Quanta, a leading infrastructure solutions provider, serves utilities, renewable energy, and other sectors. Analysts cite growth opportunities in renewable energy and communications but note potential challenges from supply chain issues and labor shortages.

Google and NextEra Energy are partnering to revitalize Iowa’s Duane Arnold nuclear power plant, aiming to provide 24/7 carbon-free energy for Google’s expanding AI infrastructure. The plant, closed in 2020, could restart in 2029 pending approvals. This reflects a growing trend of using nuclear energy to power data centers, driven by increasing electricity consumption due to AI. The partnership highlights the need for investments in reliable, clean power to support the AI-driven economy while addressing environmental concerns. The Iowa project could serve as a model for future collaborations.

HIVE Digital Technologies reports significant expansion in Bitcoin mining, exceeding 22 EH/s, a 267% year-to-date increase, and producing 9.5 BTC daily with high fleet efficiency. Strategically repurposing infrastructure, HIVE is converting a data center into a Tier-3 HPC facility housing 2,000 NVIDIA GPUs for AI cloud computing, aiming for 6,000 GPUs by 2026. Ambitious targets include reaching 25 EH/s by late 2025 and 35 EH/s in 2026, underpinned by a commitment to renewable energy sources. Potential risks include dependence on ASIC miner deployment and validation of Boden conversion timeline.

HIVE Digital Technologies is expanding its Paraguay site with a 100 MW hydroelectric-powered Phase 3, bringing the site’s capacity to 400 MW and HIVE’s global renewable energy footprint to 540 MW. The company aims to reach 35 EH/s Bitcoin mining capacity by 2026, with Phase 3 construction starting in early 2026 and commissioning in Q3 2026. HIVE has also partnered with Bell Canada to integrate BUZZ HPC AI infrastructure, projecting a 5x growth in HPC/AI capacity by 2026, driven by GPU clusters and a Toronto buildout.

US electricity providers face escalating demand projections driven by the AI boom, creating forecasting challenges due to tech companies’ competitive utility negotiations and duplicated project proposals. This strains grid reliability and potentially raises electricity prices, while regulatory pressures to decarbonize add complexity. Experts debate the accuracy of demand forecasts, with some fearing overvaluation in the stock market. While infrastructure investment surges, concerns remain about supply chain constraints and the pace of new generation capacity, pushing focus towards renewables and alternative solutions like on-site power generation.

WEC Energy Group (NYSE: WEC) announced a $0.8925 per share quarterly dividend, payable December 1, 2025, marking its 333rd consecutive payout since 1942. Serving 4.7 million customers across four states, WEC has $49 billion in assets and 32,000 shareholders. The company’s diversified portfolio, including renewable energy investments, positions it for long-term growth amidst evolving environmental standards. WEC’s consistent dividends and commitment to renewables indicate a reliable investment within the utilities sector.

Otter Tail Corporation (Nasdaq: OTTR) will release its Q3 2025 financial results on November 3, 2025, after market close. A conference call and live webcast analyzing the results will be held on November 4, 2025, at 10:00 a.m. CT. Investors and analysts are focused on the company’s performance amid changing energy regulations, commodity prices, and renewable energy demand, as well as its manufacturing segment’s performance. Webcast details and accompanying slides are available at www.ottertail.com/events-and-presentations.