Green Stock News for January 6, 2025: $NVDA $ARBE $XPEV $CLSK $SUUN

Green Stock News

Welcome to the Green Stock News brief for Monday January 6th. Here are today’s top headlines:

Arbe Robotics (NASDAQ: ARBE), in collaboration with NVIDIA (NASDAQ: NVDA), is advancing free space mapping and AI-driven capabilities. This radar processes dense, high-resolution point clouds with tens of thousands of detections per frame, offering long-range, all-weather, and low false-alarm performance. Designed for ADAS and autonomous scenarios, it excels at detecting small obstacles and urban complexities while seamlessly integrating with cameras and other sensors.

XPeng (NYSE: XPEV) and Volkswagen (OTC: VWAGY) have signed a memorandum of understanding to jointly build one of China's largest super-fast charging networks, offering over 20,000 charging piles across 420 cities. The partnership may also include co-branded stations, enhancing charging efficiency and expanding network coverage.

CleanSpark (NASDAQ: CLSK) achieved significant milestones in 2024, including reaching a 39.1 EH/s hashrate, mining its 20,000th bitcoin, and expanding into three new states while exceeding efficiency and growth targets. With $650 million raised, and plans to hit 50 EH/s by mid-2025, the company is well-positioned for continued industry leadership.

SolarBank (NASDAQ: SUUN) has sold four solar power projects in upstate New York, totaling 25.577 MW, to Qcells, for approximately $49.5 million. SolarBank will handle the projects' development through engineering, procurement, and construction agreements and expects to retain operations and maintenance contracts post-construction.