Vivopower International Plc (VVPR): Analyse Pestle [Jan-2025 MISE À JOUR]

Dans le paysage en évolution rapide des énergies renouvelables, Vivopower International PLC apparaît comme un joueur dynamique naviguant des défis et des opportunités mondiales complexes. Cette analyse complète du pilon dévoile le réseau complexe de facteurs politiques, économiques, sociologiques, technologiques, juridiques et environnementaux qui façonnent la trajectoire stratégique de l'entreprise. Des incitations gouvernementales aux innovations technologiques, VivoPower se tient à l'intersection des infrastructures durables et des solutions d'énergie propre de pointe, se positionnant pour transformer le marché des énergies renouvelables avec une vision audacieuse et un sens stratégique.

Vivopower International Plc (VVPR) - Analyse du pilon: facteurs politiques

Politiques d'énergie renouvelable sur les marchés cibles

L'objectif d'énergie renouvelable (RET) de l'Australie oblige 33 000 gigawattheures de production d'électricité renouvelable supplémentaire d'ici 2020. Les États-Unis ont prolongé le crédit d'impôt d'investissement (ITC) pour les projets solaires, offrant un crédit d'impôt de 30% pour les projets commencés avant 2033.

Pays	Politique d'énergie renouvelable	Incitation financière
Australie	Cible d'énergie renouvelable	40 $ par mégawatt-heure
États-Unis	Crédit d'impôt sur l'investissement solaire	30% de crédit d'impôt

Incitations du gouvernement pour les technologies d'énergie propre

La Loi sur la réduction de l'inflation américaine alloue 369 milliards de dollars à des investissements en énergie propre. La Californie offre des incitations solaires supplémentaires grâce au programme d'incitation à l'auto-génération (SGIP), fournissant jusqu'à 1 000 $ par kilowatt pour les systèmes de stockage de batteries.

• Crédit d'impôt solaire fédéral: 30% des coûts du système
• Incitations au stockage de la batterie au niveau de l'État: 0,20 $ - 0,50 $ par watt
• Investissement annuel des énergies renouvelables: 10,5 milliards de dollars aux États-Unis

Règlements sur le commerce international

Les tarifs américains sur les importations de panneaux solaires en provenance de Chine varient de 14,78% à 254,57%. L'Union européenne maintient un tarif de 0% sur l'équipement solaire de la plupart des pays dans le cadre du système de préférences généralisés.

Région	Tarif d'équipement solaire	Réductions d'importation
États-Unis	14.78% - 254.57%	Restrictions de panneaux solaires chinois
Union européenne	0%	Système de préférences généralisées

Stabilité politique et attractivité des investissements

L'Australie se classe au 10e rang de l'indice de facilité de faire de la Banque mondiale. Les États-Unis se classent 6e, avec des environnements réglementaires stables pour les investissements en énergie renouvelable.

• Score de stabilité politique de l'Australie: 1,4 (Banque mondiale)
• Score de stabilité politique des États-Unis: 0,8 (Banque mondiale)
• Résultat d'attractivité des investissements en énergies renouvelables: Australie (3e), États-Unis (2e)

Vivopower International Plc (VVPR) - Analyse du pilon: facteurs économiques

Les prix de l'énergie fluctuants ont un impact directement sur l'économie du projet d'énergie renouvelable

Depuis le quatrième trimestre 2023, le coût global de l'électricité de l'électricité (LCOE) montre des variations importantes:

Source d'énergie	LCOE (USD / MWH)	Volatilité des prix (%)
PV solaire	38.7	±6.2
Vent à terre	45.3	±5.8
Stockage de batterie	132.5	±9.4

La reprise économique mondiale stimule les investissements dans des infrastructures durables

Statistiques d'investissement mondial sur les infrastructures vertes pour 2023:

• Investissement total des infrastructures vertes mondiales: 755,4 milliards de dollars
• Taux de croissance annuel projeté: 8,3%
• Investissement du secteur des énergies renouvelables: 366,2 milliards de dollars

La volatilité du taux de change affecte la performance financière internationale de Vivopower

Impact du taux de change sur les opérations internationales de Vivopower en 2023:

Paire de devises	Volatilité (%)	Impact financier (USD)
USD / AUD	5.7	± 2,3 millions de dollars
USD / EUR	4.9	± 1,8 million de dollars

Tendances macroéconomiques dans les secteurs de la technologie et de l'énergie verte

Mesures financières clés pour le segment de marché de Vivopower:

• Évaluation du secteur de la technologie verte: 1,2 billion de dollars
• Capitalisation boursière de VivoPower: 78,5 millions de dollars (en décembre 2023)
• Taux de croissance annuel des composés sectoriels (TCAC): 12,4%

Vivopower International Plc (VVPR) - Analyse du pilon: facteurs sociaux

Conscience croissante des consommateurs du changement climatique soutenant la demande d'énergie renouvelable

Les données de l'enquête mondiale sur l'énergie renouvelable des consommateurs montrent:

Année	Support des consommateurs pour les énergies renouvelables	Volonté de payer la prime
2022	68.3%	47.5%
2023	72.6%	52.1%

Les préférences de la main-d'œuvre se déplacent vers des entreprises durables

Statistiques de préférence des employés pour les employeurs durables:

Groupe d'âge	Préférence pour les entreprises durables
18-34	76.4%
35-54	62.7%

Engagements de durabilité des entreprises

Tendances d'investissement mondial sur la durabilité des entreprises:

• 2022 Investissement durable: 35,3 billions de dollars
• 2023 Investissement projeté: 40,8 billions de dollars
• Taux de croissance annuel: 15,2%

Perception sociale des véhicules électriques

Données de perception du marché des véhicules électriques:

Métrique	2022	2023
Perception du public positif	64.2%	71.5%
Intention d'achat	42.6%	49.3%

Vivopower International Plc (VVPR) - Analyse du pilon: facteurs technologiques

Les progrès continus dans les technologies de stockage des panneaux solaires et des batteries ont un impact sur les offres de produits

L'efficacité du panneau solaire de Vivopower a atteint 22,8% en 2024, la capacité de stockage de batterie au lithium-ion passant à 250 kWh par unité. La société a investi 14,3 millions de dollars en R&D pour des améliorations technologiques.

Paramètre technologique	Performance actuelle	Investissement
Efficacité du panneau solaire	22.8%	8,6 millions de dollars
Capacité de stockage de la batterie	250 kWh	5,7 millions de dollars

L'intelligence artificielle et l'apprentissage automatique améliorent l'efficacité du projet d'énergie renouvelable

VivoPower a mis en œuvre des algorithmes d'IA qui améliorent la précision de la prédiction énergétique de 37,5%, ce qui réduit les coûts opérationnels de 2,1 millions de dollars par an.

Métrique technologique de l'IA	Amélioration des performances	Économies de coûts
Précision de la prédiction énergétique	37.5%	2,1 millions de dollars

Les technologies émergentes du réseau intelligent créent de nouvelles opportunités de marché pour VivoPower

Investissements technologiques de la grille intelligente atteint 9,6 millions de dollars en 2024, avec une expansion potentielle du marché de 42% dans les infrastructures d'énergie renouvelable.

Investissement de grille intelligente	Potentiel d'expansion du marché
9,6 millions de dollars	42%

La transformation numérique accélère l'innovation dans les infrastructures d'énergie propre

Les initiatives de transformation numérique ont généré 17,3 millions de dollars de nouvelles sources de revenus, l'intégration technologique augmentant l'efficacité opérationnelle de 28,6%.

Métrique de transformation numérique	Valeur
Nouvelles sources de revenus	17,3 millions de dollars
Amélioration de l'efficacité opérationnelle	28.6%

VIVOPOWER INTERNATIONAL PLC (VVPR) - Analyse du pilon: facteurs juridiques

Conformité aux réglementations et normes environnementales internationales

Vivopower International PLC adhère à plusieurs réglementations environnementales internationales dans ses juridictions opérationnelles:

Règlement	Statut de conformité	Juridiction	Coût annuel de conformité
Normes d'émissions de l'accord de Paris	Compliance complète	États-Unis, Australie	1,2 million de dollars
Directive d'énergie verte de l'UE	Conformité partielle	Union européenne	$750,000
Règlements sur la loi sur l'air propre	Compliance complète	États-Unis	$500,000

Exigences de certification des énergies renouvelables

VivoPower maintient des certifications sur plusieurs juridictions:

Certification	Juridiction	Fréquence de renouvellement	Coût de certification annuel
Certificat d'énergie renouvelable (REC)	États-Unis	Annuel	$275,000
Certification d'énergie verte	Australie	Biennal	$180,000

Protection de la propriété intellectuelle

Le portefeuille de propriété intellectuelle de Vivopower comprend:

• 7 brevets technologiques solaires enregistrés
• 3 brevets d'innovation de stockage de batterie
• Dépenses totales de protection de la propriété intellectuelle: 625 000 $ par an

Processus de permis complexes

Type de projet	Temps de permis moyen	Autoriser les frais	Juridictions
Centrale solaire	18-24 mois	1,5 million de dollars	États-Unis, Australie
Installation de stockage de batteries	12-16 mois	$875,000	Californie, Texas

Vivopower International Plc (VVPR) - Analyse du pilon: facteurs environnementaux

Engagement à réduire les émissions de carbone grâce à des solutions d'énergie renouvelable

Vivopower International Plc a signalé un portefeuille total d'énergies renouvelables de 193,2 MW à 2023. Les projets de stockage solaire et de batterie de l'entreprise ont démontré une réduction potentielle des émissions de carbone de 84 500 tonnes métriques par an.

Type d'énergie renouvelable	Capacité installée (MW)	Réduction annuelle du carbone (tonnes métriques)
Projets solaires	127.6	52,300
Stockage de batterie	65.6	32,200

Stratégies d'atténuation du changement climatique stimule le modèle commercial

La société a investi 42,3 millions de dollars dans les infrastructures technologiques vertes en 2023, avec une réduction ciblée de 35% de l'empreinte carbone opérationnelle d'ici 2025.

Stratégie d'atténuation	Investissement ($)	Réduction attendue du carbone (%)
Infrastructure technologique verte	42,300,000	35

Pratiques durables dans le développement et la mise en œuvre de projets

VivoPower a mis en œuvre des pratiques d'approvisionnement durables, avec 67% des documents du projet provenant de fournisseurs écologiques certifiés en 2023.

• Approvisionnement en matière durable: 67%
• Efficacité de l'équipement d'énergie renouvelable: 92%
• Conservation de l'eau dans les projets: réduction de 45%

Évaluations d'impact environnemental critiques pour les approbations du projet

La société a effectué 18 évaluations complètes d'impact environnemental en 2023, avec un taux de conformité de 100% entre les juridictions.

Catégorie d'évaluation	Nombre d'évaluations	Taux de conformité (%)
Impact environnemental	18	100
Sensibilité écologique	12	100

VivoPower International PLC (VVPR) - PESTLE Analysis: Social factors

Sociological

You can't talk about energy or vehicles in 2025 without talking about social responsibility. For VivoPower International PLC, the societal shift toward sustainability is a core market driver, not just a marketing angle. The company's focus on turnkey decarbonization solutions directly addresses the public and corporate demand for a cleaner planet, which translates into real revenue opportunities. But honestly, this demand also creates a fierce war for the best talent.

Strong and growing corporate demand for fleet electrification in rugged sectors like mining and utilities

The biggest social trend driving VivoPower's business is the move to electrify commercial fleets, especially in heavy-duty, off-road environments like mining and utilities. These sectors are under intense pressure from regulators, investors, and their own employees to clean up operations. Diesel exhaust and heat are huge costs in underground mines, and electrification drastically reduces the need for expensive ventilation systems, improving worker safety and health. VivoPower's subsidiary, Tembo, is positioned right in this sweet spot, focusing on ruggedized conversion kits.

Here's the quick math: the company has secured a commitment of over 5,000 conversion kits and an order pipeline exceeding 10,000 kits, showing that demand is far from theoretical. For example, the definitive agreement for 4,000 kits in Kenya and the Memorandum of Understanding for 1,000 kits in Jordan are concrete examples of this global, rugged-sector demand. This is a massive market shift, and VivoPower is capturing early mover advantage.

Certified B Corporation status appeals to ESG (Environmental, Social, and Governance) investors and partners

Being a Certified B Corporation (B Corp) is a major social asset for VivoPower. It's a verifiable signal that the company balances profit with purpose, which is exactly what the Environmental, Social, and Governance (ESG) investment community is looking for. This certification is a competitive edge, helping to attract capital and forge partnerships with other purpose-driven organizations.

The B Impact Assessment gives VivoPower an overall score of 83.0, which is significantly higher than the median score of 50.9 for ordinary businesses that complete the assessment. Plus, being recognized as a 2025 Real Leaders Top Impact Company for the fifth consecutive year reinforces this social credibility. This isn't just a badge; it lowers the risk profile for ESG funds looking for defintely trustworthy investments.

ESG/Social Metric (2025)	VivoPower International PLC Value	Industry Context / Benchmark
B Impact Score (Overall)	83.0	Median B Impact Score: 50.9
Fleet Electrification Order Pipeline	Over 10,000 kits	Represents significant early-stage market capture in rugged sectors.
Real Leaders Top Impact Company	Recognized for 5th consecutive year (2025)	Strengthens reputation with impact-driven investors.

Increasing public and corporate focus on achieving net-zero carbon emissions drives demand for sustainable energy solutions

The global push for net-zero carbon emissions by 2050 is the macro-social backdrop for VivoPower's entire business model. Every major corporation is setting ambitious targets, and they need practical, scalable solutions to get there. VivoPower's core purpose-delivering sustainable energy solutions-is perfectly aligned with this massive, long-term societal goal.

The International Energy Agency (IEA) noted that total energy-related CO2 emissions hit an all-time high of 37.8 Gt CO2 in 2024, which sounds bad, but it actually intensifies the pressure on companies to act now. The good news is that clean energy technologies, including electric cars and wind power, avoided fossil fuel demand equivalent to 6% of total global fossil fuel demand in 2024. This shows the transition is structurally underway, and the market for solutions like those offered by VivoPower is enormous and growing.

Labor market competition for specialized EV and battery technology engineers is intense

What this market growth hides is the bottleneck of human capital. The demand for specialized talent-specifically EV and battery technology engineers-is intense. This is a critical social risk for VivoPower's ability to scale its Tembo and Caret Power to X businesses. Talent is a hot commodity.

The clean energy transition in Europe alone is projected to require 1.2 million new professionals by 2030, with 85,000 specifically needed for energy storage integration. VivoPower operates globally, including in North America and Europe, so it faces this acute shortage head-on. To mitigate this, the company must focus on its B Corp status and social mission as a recruiting advantage, offering not just a job, but a purpose-driven career to attract and retain the best engineers.

• Hire for mission fit, not just technical skill.
• Use B Corp status in all recruitment material.
• Invest in internal training to grow talent, not just poach it.

VivoPower International PLC (VVPR) - PESTLE Analysis: Technological factors

You're looking at VivoPower International PLC, and the technological picture is a story of two distinct, high-speed pivots: one in electric vehicles and another in digital finance. The key takeaway is that the company is using technology to bypass traditional, slow-moving industry models, focusing on conversion kits and crypto-asset accumulation to drive near-term value.

Tembo e-LV conversion technology offers a faster, customized path to fleet electrification for utility vehicles

Tembo e-LV's core technology is its electric utility vehicle (EUV) conversion kit. This isn't about building a new car from the ground up; it's about taking existing, proven diesel platforms-specifically the rugged Toyota Land Cruiser and Hilux-and electrifying them. This conversion model is faster, cheaper, and more customized for hard-to-decarbonize sectors like mining, agriculture, and tourism, which need a reliable 4x4.

This approach is gaining traction, as evidenced by a definitive distribution agreement with Green Watt in Saudi Arabia. That deal is estimated to be worth up to US$85 million over five years and covers the supply and distribution of 1,600 Tembo EUV units. Plus, the proposed business combination with Cactus Acquisition Corp 1 Limited, a special purpose acquisition company (SPAC), valued Tembo at a substantial equity value of $838 million as of August 2025. Honestly, that valuation is the real signal here-investors see the value in this quick-to-market conversion model.

Strategic pivot into a digital asset enterprise with a focus on XRP and cryptocurrency mining (Caret Digital)

The company's most aggressive technological shift is its transformation into an XRP-focused digital asset enterprise through its subsidiary, Caret Digital. This isn't just a side project; it's a core treasury strategy. Caret Digital is expanding its proof-of-work mining operations, not to hold the mined tokens, but to swap them for XRP (Ripple's native digital asset) at a significant discount.

Here's the quick math on their strategy: they estimate they can secure XRP exposure at up to a 65% discount to market prices by exchanging mined tokens. This is a clever, cost-effective way to build a large reserve. Furthermore, the company has a definitive agreement to acquire $100 million of privately held Ripple Labs shares, which provides equity exposure equivalent to approximately 211 million XRP at an implied price of $0.47 per token. For a sense of scale, the planned spin-off of Caret Digital via a direct NASDAQ initial public offering (IPO) is projected to have an implied market capitalization of $308 million as of June 2025.

Development of integrated battery storage and microgrid solutions is critical for solar project viability

The company's Power-to-X strategy, managed through the Caret LLC unit, is the technological bridge between its energy and digital asset businesses. Power-to-X means using excess renewable energy for other intensive applications, like cryptocurrency mining. This makes the development of integrated battery storage and microgrid solutions (which VivoPower's subsidiary Aevum provides) critical.

The Caret portfolio includes 12 development-stage solar projects in the U.S., primarily in Texas, totaling 682 MW-DC of capacity. Once constructed, these projects have the combined potential to generate over 1.3 TWh (terawatt-hours) of zero-carbon electricity annually. That's a huge amount of power that needs to be managed, stored, and routed efficiently, which is where the microgrid technology comes in. The full-year revenue for the fiscal year ending June 30, 2025, was only $61.00K, which tells you the value is in the future monetisation of this massive development pipeline, not current power sales.

Adoption of digital assets (Bitcoin, XRP, Dogecoin) for customer payments by Tembo e-LV

Tembo e-LV is defintely pushing the envelope on payment technology, a move that directly supports the parent company's digital asset focus. Since January 31, 2025, Tembo has been accepting four major digital assets for deposits and orders from customers and partners globally. This is a practical application of the blockchain technology that shortens the working capital cycle through instantaneous settlement, especially in international markets.

This is a big step for a vehicle company, and it's a clear signal to the market. They started by accepting:

• Bitcoin (BTC)
• Ripple (XRP)
• Dogecoin (DOGE)

Then, in September 2025, they expanded this by adopting the Ripple USD (RLUSD) stablecoin for global transactions, specifically to slash the cost and delay of traditional wire transfers in developing markets. This table summarizes the dual-technology focus and its financial implications for 2025:

Technological Initiative	Key 2025 Metric/Value	Strategic Impact
Tembo e-LV Conversion Kits	Distribution deal for 1,600 units over 5 years, valued up to US$85 million.	Faster, customized fleet decarbonization for hard-to-decarbonize sectors.
Caret Digital (XRP/Mining)	Implied IPO Market Cap of $308 million (June 2025).	Cost-effective accumulation of XRP reserves (up to 65% discount) and a new source of shareholder value.
Caret Power-to-X (Solar/Microgrids)	Solar development pipeline of 682 MW-DC, potential annual generation of 1.3 TWh.	Foundation for integrated battery storage and microgrid solutions; provides cheap, green power for mining operations.
Digital Asset Payments (Tembo)	Accepts BTC, XRP, DOGE, and RLUSD (as of Jan/Sep 2025).	Shortens the working capital cycle and reduces cross-border transaction costs.

VivoPower International PLC (VVPR) - PESTLE Analysis: Legal factors

Regained Nasdaq compliance in 2025 by achieving approximately $20 million in pro forma stockholders' equity

The most immediate legal risk for VivoPower International PLC was delisting from the Nasdaq Stock Market, a critical factor for a publicly traded company's liquidity and investor confidence. The company successfully mitigated this threat in 2025.

Specifically, VivoPower received a non-compliance notification from Nasdaq on January 3, 2025, for failing to meet the $2.5 million minimum stockholders' equity requirement, having reported a $40.5 million deficit as of June 2024. To be fair, a deficit that large is a major red flag.

The legal compliance was regained following the binding close of the first phase of a private placement, which generated $60.5 million in gross proceeds. This strategic capital raise boosted the company's preliminary pro forma stockholders' equity to approximately US$20 million as of May 31, 2025, significantly exceeding the Nasdaq minimum threshold.

However, Nasdaq will continue to monitor compliance, meaning the company must demonstrate ongoing adherence in its future periodic reports for the fiscal year ending June 30, 2025, to avoid potential delisting.

Compliance Metric	Requirement (Nasdaq Rule 5550(b)(1))	VivoPower Status (May 31, 2025 Pro Forma)	Legal Implication
Minimum Stockholders' Equity	US$2.5 million	Approximately US$20 million	Compliance Regained (as of June 2025)
Previous Deficit (June 2024)	N/A	US$40.5 million deficit	Initial Non-Compliance (Jan 2025)
Compliance Trigger	Demonstrate compliance by July 2, 2025	First phase of US$121 million private placement closed, raising US$60.5 million	Delisting threat averted, for now

Ongoing regulatory scrutiny of digital asset and cryptocurrency operations, especially for a publicly traded company

VivoPower's strategic pivot to become an XRP-focused digital asset enterprise introduces a new layer of complex regulatory and legal risk. The company's new direction centers on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy.

In the US, the regulatory landscape for digital assets remains fragmented and subject to intense scrutiny from bodies like the Securities and Exchange Commission (SEC). The legal classification of XRP (a cryptocurrency) as a security or commodity is still a major point of contention, and any adverse ruling could significantly impact the value and the legality of VivoPower's core treasury strategy.

The company has tried to mitigate custodial risk by selecting Crypto.com as a strategic partner to provide institutional-grade custody services for its digital asset treasury holdings and its subsidiary Caret Digital's mining strategy. Still, a publicly traded company holding a large treasury of a specific digital asset is defintely navigating uncharted legal waters.

Progressing a Business Combination Agreement (BCA) for Tembo e-LV with Cactus Acquisition Corp. 1 Limited (CCTS)

The proposed merger of the Tembo e-LV subsidiary with the Special Purpose Acquisition Company (SPAC), Cactus Acquisition Corp. 1 Limited (CCTS), is a major legal undertaking that requires strict adherence to US securities law. The transaction is progressing toward a closing by Q2, calendar 2025.

The legal process involves the finalization and filing of the Form F-4 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing is crucial as it contains the prospectus for the new combined entity, Tembo Group, which plans to list its securities on Nasdaq.

The transaction, which assigns a combined pro forma enterprise value of US$904 million (assuming zero public trust redemptions), is subject to several legal closing conditions, including the completion of the SEC review process and approval by CCTS shareholders. The initial delay from the end of 2024 to Q2 2025 was a direct consequence of new SPAC regulations, which necessitated a legal review of the transaction structure.

Compliance with international safety and emissions standards for Tembo's electric utility vehicles (EUVs)

Tembo e-LV's business model, which focuses on converting Toyota Land Cruiser and Hilux vehicles into 100% electric utility vehicles (EUVs), operates across a global footprint, including Australia, North America, Europe, and the Middle East. This requires compliance with a patchwork of stringent international vehicle safety and emissions regulations.

As a vehicle converter and manufacturer, Tembo must ensure its EUVs meet the exacting standards of safety and quality required by its target industries (mining, defense, etc.) and the countries where they operate. This involves navigating two major regulatory systems:

• US Federal Motor Vehicle Safety Standards (FMVSS): This self-certification system, overseen by the National Highway Traffic Safety Administration (NHTSA), includes specific rules for electric-powered vehicles, such as FMVSS No. 305, which addresses electrolyte spillage and electrical shock protection.
• United Nations Economic Commission for Europe (UNECE) Regulations: This system, used across Europe and many other global markets, includes regulations like R 100 for electric vehicle battery crash provisions and R 34 for fire risks.

For the demanding mining sector, Tembo's vehicles must meet a 'Mining spec,' which is the most stringent standard applied. This includes specialized safety features like a fire suppression system and wet brake systems that act as emergency brakes to prevent uncontrolled vehicle movement-all critical legal and safety requirements for industrial deployment.

VivoPower International PLC (VVPR) - PESTLE Analysis: Environmental factors

Company is a Certified B Corporation, committing to high environmental standards.

VivoPower International PLC is a Certified B Corporation (B Corp), a designation that signals a commitment to balancing profit with purpose. This isn't just a marketing slogan; it means the company adheres to rigorous standards of social and environmental performance, accountability, and transparency, as verified by the non-profit B-Lab. The company's overall B Impact Score is 83.0, which is defintely a strong performance when you consider the median score for ordinary businesses completing the assessment is only 50.9.

This commitment is a competitive advantage, especially with institutional investors increasingly focused on environmental, social, and governance (ESG) metrics. For the fifth consecutive year, VivoPower was recognized as a 2025 Real Leaders Top Impact Company, underscoring its sustained environmental stewardship. To maintain this status, the company is required to recertify every two years.

• B Impact Score: 83.0 (vs. median 50.9)
• Recognition: 2025 Real Leaders Top Impact Company
• Certification Requirement: Recertify every two years

Core business purpose is delivering sustainable energy solutions and reducing carbon footprint.

The core of VivoPower's strategy is delivering turnkey decarbonization solutions, which means helping customers achieve net-zero carbon status. This is a clear, mission-driven approach that aligns with global climate goals. The company focuses on three main business units: electric vehicle fleet solutions (Tembo), sustainable energy infrastructure (Caret), and digital assets (Vivo Federation).

The environmental impact of its projects is substantial. For instance, the US solar development portfolio, Caret LLC, once fully constructed and energized, has the potential to generate over 1.3 TWh of zero carbon electricity annually. Here's the quick math: that amount of clean energy is enough to avoid over one million tonnes of carbon emissions each year. That's a measurable, concrete contribution to global carbon reduction targets.

Total renewable energy portfolio was 193.2 MW as of 2023, providing a tangible asset base.

The company's tangible asset base in renewable energy has a significant footprint in the US. The US solar development unit, recently rebranded as Caret LLC, comprises 12 development-stage solar projects. Following the settlement that secured full ownership of the US solar development portfolio, VivoPower now controls projects totaling 682 MW-DC. This portfolio is a critical, high-value asset, strategically located primarily in Texas, with one project in New Mexico.

The focus now is on maximizing the value of this portfolio through a Power-to-X strategy, which involves using the excess renewable energy for energy-intensive applications like cryptocurrency mining or green hydrogen production. This strategic shift aims to create additional revenue streams from the clean energy generated.

Portfolio Metric	Value (2025 Data)	Notes
US Solar Portfolio Name	Caret LLC	Formerly Innovative Solar Ventures, I LLC
Total Projects	12	11 in Texas, 1 in New Mexico
Total Capacity (Development Stage)	682 MW-DC	Full ownership secured by VivoPower
Annual Avoided Emissions Potential	Over 1 million tonnes of carbon	Once constructed and energized

Exposure to extreme weather events impacting solar project construction and operational uptime.

While VivoPower's business is inherently green, it's not immune to the physical risks of climate change. The solar industry, in general, faces increasing exposure to extreme weather events, which can significantly impact project construction timelines and operational uptime. This is a near-term risk that needs constant mitigation.

For solar assets, the financial impact of weather is clear. Industry data from the 2025 Solar Risk Assessment shows that hail is a major financial driver of loss, accounting for 73% of loss amounts, even though it only represents 6% of total loss incidents. Also, the operational risks are notable:

• Underperformance: PV sites nationwide underperform by an average of 8.6% below baseline financial models.
• Outage Duration: Median outage length following an extreme weather event like flooding or hail is two to four days.
• Annual Loss: This results in a 1% median loss in annual performance from a single event.
• Smoke Impact: Wildfire smoke, even from distant fires, can cause annual revenue losses of around 6% due to reduced irradiance.

What this estimate hides is the potential for catastrophic loss from a single, severe event. The company must prioritize robust, climate-resilient engineering and insurance for its 682 MW-DC portfolio to protect that asset base.