Net Power Reports Second Quarter 2025 Results and Provides Business Update
Financial and Operational Highlights: Net Power Inc. reported significant advancements in its second quarter results, including a techno-economic analysis that indicates cost-effective integration of gas turbine capacity into projects, aiming for a levelized cost of energy below $100/MWh at Project Permian. The company also identified further cost reductions for its SN1 project and benefited from recent tax legislation improving project economics.
Future Developments and Testing: The company is progressing with technology validation at its La Porte facility, having completed over 150 hours of testing, and plans to continue with multiple testing phases through 2027. Additionally, Net Power is on track with its MISO project development and evaluating integrated product configurations for enhanced efficiency.
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Citigroup Reaffirms Buy Rating on NET Power, Adjusts Price Target to $4
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Barclays Adjusts NET Power Rating to Equal-Weight and Increases Price Target to $3
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