Heliogen, Inc. ("Heliogen") (OTCQX:HLGN), a renewable energy technology company utilizing concentrated sunlight and thermal energy storage to deliver dispatchable, cost-effective, low-carbon energy, today provided its fourth quarter and full year 2024 financial and operational results. Financial and Operational Highlights Continued to prioritize the deployment of our commercially-proven power solutions by taking actions to conserve cash and re-allocate resources from activities that were no longer directly contributing to this goal. Actions taken since September 30, 2024 included: Together with Woodside Energy (USA) Inc. ("Woodside"), decided not to pursue construction of a concentrate

Through bold strides in engineering and prototyping, the Capella project propels Generation 3 CSP technology forward toward commercialization Heliogen Inc. (OTCQX:HLGN) (the "Company"), a leading provider of concentrating solar energy technology, today announced the conclusion of Capella, a first-of-a-kind demonstration project. Jointly funded by Woodside Energy (USA) Inc., a wholly-owned subsidiary of global energy company Woodside Energy Group Ltd (NYSE:WDS, ASX: WDS)) ("Woodside"), and the US Department of Energy, the project marked a significant milestone in the journey toward realizing lower-cost lower carbon energy solutions through a novel form of concentrating solar power (CSP) te

Heliogen, Inc. ("Heliogen") (OTCQX:HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its third quarter 2024 financial and operational results. Financial and Operational Highlights Liquidity of $44.6 million as of September 30, 2024 Total operating expenses for Q3 2024 decreased by 32% sequentially, compared to Q2 2024 Texas Steam Plant, Heliogen's first commercial-scale installation, continues to progress toward mechanical completion in Q1 2025, following impacts on schedule from severe weather events Over 2 gigawatts of sales opportunities; outstanding proposals with 5 customers for early design stage projects representing 1.0 gigawatts

Citigroup initiated coverage of Heliogen with a rating of Neutral and set a new price target of $3.75

Siebert Williams Shank initiated coverage of Heliogen with a rating of Hold and set a new price target of $12.00

4 - Heliogen, Inc. (0001840292) (Issuer)

4 - Heliogen, Inc. (0001840292) (Issuer)

4 - Heliogen, Inc. (0001840292) (Issuer)

4 - Heliogen, Inc. (0001840292) (Issuer)

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8-K - Heliogen, Inc. (0001840292) (Filer)

Updated CTO role to drive full-scale technology deployments of zero-carbon concentrating solar energy solutions Heliogen, Inc. (OTCQX:HLGN) (the "Company"), a leading provider of concentrating solar energy technology, today announced the appointment of Apurba Das, as Chief Technology Officer (CTO). Das has been with Heliogen since 2021, and has been instrumental in advancing technology and innovation initiatives as Vice President of Engineering for Process and Power Systems. Now as CTO, Das has oversight for the plant design and engineering of Heliogen's concentrating solar power (CSP) technology deployments, including its primary commercial offering which combines CSP, solar PV, and ther

Energy and sustainability executive brings more than two decades of financial, strategic, and capital markets experience to support business growth Heliogen, Inc. (NYSE:HLGN) (the "Company"), a leading provider of AI-enabled concentrating solar energy technology, today announced the appointment of Sagar Kurada as Chief Financial Officer and Head of Strategy, effective immediately. Mr. Kurada succeeds Kelly Rosser, who has served as interim CFO since February 2023. Ms. Rosser will continue in her role as Chief Accounting Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230710967702/en/Sagar Kurada (Photo: Business Wire)

Announces appointment of Roger A. Lazarus to Board – veteran financial services executive brings decades of management, operational and financial experience across developed and emerging markets Board establishes Corporate Strategy Committee to advise and oversee execution of key strategic pillars to improve shareholder value Heliogen, Inc. (NYSE:HLGN) (the "Company"), a leading provider of AI-enabled concentrating solar energy technology, today announced updates to its Board of Directors (the "Board") to accelerate the successful implementation of the Company's strategic plan, pursue growth initiatives and enhance value for shareholders. This press release features multimedia. View the f

Heliogen, Inc. ("Heliogen" or the "Company") (OTCQX:HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of Directors (the "Board") adopted an amendment to its existing limited duration stockholder rights plan (as amended, the "Rights Plan") to extend the duration of the Rights Plan and reduce the exercise price of the rights. Julie Kane, Chair of the Board, stated "Heliogen continues to experience a significant and ongoing dislocation in the trading price of its common stock. The extension of the Rights Plan is intended to enable all of our stockholders to realize the long-term value of their investment, particularly in light of th

Heliogen, Inc. ("Heliogen") (OTCQX:HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer. Financial and Operational Highlights 2.0 gigawatts ("GW") in opportunity pipeline, an increase of nearly 1.2 GW since August 2023 Demonstrated third-party validation of the effectiveness of Heliogen's proprietary control system at Sandia National Laboratories' National Solar Thermal Test Facility, validating software's role in enhancing solar plant efficiency and interoperability, paving the way for commercialization thr

Heliogen, Inc. ("Heliogen") (OTCQX:HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and operating results for the fourth quarter and full year 2023 after the market close on Monday, March 25, 2024. This release will be followed by a conference call for investors at 10:00 AM EDT on Tuesday, March 26. Christie Obiaya, Heliogen's Chief Executive Officer will host the call. The conference call may be accessed via a live webcast on a listen-only basis in the Investors section of Heliogen's website at investors.heliogen.com. The call can also be accessed live via telephone by dialing 1-877-407-0789 (1-201-689-8562 for internation

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