Lilium (NASDAQ: LILM), a leading manufacturer of eVTOL aircraft, and Saudia Group have signed a binding sales agreement for 50 Lilium Jets, with options for 50 more.

Saudia Group aims to enhance connectivity and reduce travel times, with the jets supporting travel across the Kingdom.

This agreement marks the largest firm order of eVTOL aircraft in the region by an airline. It demonstrates Saudia Group's strong commitment to electric aviation and the superior performance of the Lilium Jet.

The contract includes deposit schedules, delivery timelines, performance guarantees, and maintenance provisions. A comprehensive agreement for fleet maintenance is also planned.

Expecting the first aircrafts in 2026, the Lilium Jet will feature large, premium cabins for up to six passengers, offering a high-end travel experience.

Klaus Roewe, CEO of Lilium stated: “The Middle East is a priority for Lilium, and Saudi Arabia will be a very large and exciting market for electric, high-speed regional air mobility.”

Lilium is creating a sustainable and accessible mode of high-speed transportation, offering leading capacity, low noise and high performance with zero operating emissions.

Shares of Lilium trade on the NASDAQ under the ticker symbol LILM. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com

Bloom Energy (NYSE: BE), a leading innovator in solid oxide fuel cell technology, has announced a strategic partnership with CoreWeave. This collaboration highlights Bloom's capability to address the increasing energy needs of the rapidly expanding AI sector.

Bloom will install its proprietary fuel cells to provide on-site power for CoreWeave at a high-performance data center in Illinois. This state-of-the-art data center is designed for high-density deployments and features advanced cooling systems, enabling CoreWeave to deliver high-performance and efficient cloud solutions for AI.

Bloom’s fuel cells are scheduled to be operational by Q3 2025. With its solid oxide fuel cells already deployed at customer sites worldwide, Bloom is well-positioned to support the energy demands of the AI industry globally.

Brian Venturo, CoreWeave’s Chief Strategy Officer stated: “We’re proud to partner with Bloom Energy and utilize their industry-leading solid oxide fuel cell technology. This partnership will allow us to deliver unmatched performance and reliability to our customers while advancing our sustainability objectives.”

Bloom Energy's leading solid oxide platform for distributed generation of electricity is changing the future of energy.

Shares of Bloom Energy trade on the NYSE under the ticker symbol BE.

JinkoSolar (NYSE: JKS), a leading solar module manufacturer, has announced a new agreement with Renewable Energy Localization. This venture will establish a high-efficiency solar cell and module manufacturing facility in Saudi Arabia, with a total investment of approximately $1 billion, funded through internal and external sources. The facility aims for an annual production capacity of 10 GW for both solar cells and modules, with the production plan and schedule dependent on market conditions.

Mr. Xiande Li, Chairman and CEO of JinkoSolar stated: “This partnership is another major milestone in the execution of our globalization strategy, and will further help us optimize our global manufacturing and marketing infrastructure, as well as enhance our global competitiveness. We thank our partners for their trust in JinkoSolar's outstanding N-type technology and dedication to environmental sustainability. Together with our new partners, we will work towards shaping a cleaner and brighter future."

JinkoSolar is one of the largest and most innovative solar module manufacturers, distributing solar products and solutions all over the world.

Shares of JinkoSolar trade on the NYSE under the ticker symbol JKS. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com