supporting our thesis that Inovance is better positioned than peers to capture both the automation demand recovery and domestic substitution potential. Paired with the company's planned >30% capacity expansion in May following strong 1Q26 order intake (~40% yoy), we reiterate our expectation for a significant step-up in revenue from 2Q26E driven by both backlog conversion and new order deliveries. Read-across from order trends disclosed by Haitian (1882.HK): Haitian also returned to positive growth in April ...

Newport Beach, CA, May 06, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (NYSE American: BESS, BESS.WS), a developer, owner, and operator of utility-scale and distributed battery energy storage systems, today announced the selection of SMA as the inverter supplier for eight recently acquired 9.9 MW BESS projects in the Electric Reliability Council of Texas (ERCOT) market. The portfolio represents approximately 80 MW of total energy storage capacity and marks a key step in the Company’s continued expa ...