on Revolve Renewable Power Corp. (CVE:REVV)
Revolve Renewable Power Corp Reports FY2025 Financial Results
Revolve Renewable Power Corp. announced its FY2025 financial results, highlighting a 73% increase in recurring revenue from its 13-megawatt portfolio. Despite a net loss of $2.6 million, Revolve made significant investments in late-stage development projects, aligning with its long-term shareholder value strategy. Total revenue was $3.98 million, down from the previous year due to the absence of deferred payments from a prior project sale.
The company achieved an 83% rise in energy production, reaching over 15 million kWh. Key projects include the Vernal Battery Energy Storage System, Primus Wind Project, and Bright Meadows solar project. Revolve also expanded its Mexico ventures through a new partnership and secured approvals for major projects in Alberta, Canada.
The sale of a 3 MW project and a focus on development and partnership opportunities position Revolve for future growth in the renewable energy sector.
R. E.
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