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                                    Why did Great New Energy's revenue plummet in Q2 2024?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        4/14/2025 04:32pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">Great New Energy's revenue did not actually plummet in Q2 2024. To the contrary, the company's revenue increased significantly in Q2 2024, thanks to the strategic partnership with Nuvve and Great Power's stationary storage battery deployments and their integration with the grid. This partnership enhanced the US supply chain, bolstered local economies, and supported the U.S. in maintaining its competitive edge in green technology on the global stage.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al){return {layout:"default",data:[{noData:c,currentQuestion:g,textDescription:G,comeFrom:"AInvestShareLink",events:[],answerSource:l}],fetch:{},error:m,state:{sharePreviewModule:{loadJgySuccess:n,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:l,cache_builder:a,reply_action:"Answer",execute_mode:x,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"Why did Great New Energy's revenue plummet in Q2 2024?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"Why did Great New Energy's revenue plummet in Q2 2024?\",\"user_id\":\"dp69022056\",\"user_name\":\"\",\"trace_id\":\"a4ea289d-1c54-478d-b47f-dce840684f2a\",\"session_id\":\"a4ea289d-1c54-478d-b47f-dce840684f2a\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:"search",raw_data:{number:H,title:I,summary:J,full_summary:"Nuvve and Great Power Announce Strategic Partnership to Accelerate Electric Vehicle Integration and Renewable Energy Adoption PR Newswire SAN DIEGO and GUANGZHOU, China , April 30, 2024 \u002FPRNewswire\u002F -- Nuvve Holding Corp. (\"Nuvve\") (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary energy management and aggregation platform, and Guangzhou Great Power Energy and Technology Corporation (\"Great Power)\" (NCY: 300438.SZ), a global leader in lithium-ion battery manufacturing and research and development, are pleased to announce a strategic partnership to accelerate stationary storage battery deployments and their integration with the grid. Great Power, established in 2001 with a vision to become a global leader in battery storage technology, recognizes the potential of combining its stationary batteries with electric vehicle charging infrastructure to offer significant product differentiation and market advantage. By leveraging Nuvve's expertise in energy management, flexibility, monetization, and aggregation platforms, Great Power aims to expand its global footprint while enabling savings and new revenue streams for its customers. 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did Great New Energy's revenue plummet in Q2 2024?","a4ea289d-1c54-478d-b47f-dce840684f2a","other\u002FopenAnswer","thinking","llm_generated","ths_ainvest_lite_web",null,0,"signal","📊 What is the current market sentiment towards Great New Energy's stock after the Q2 2024 earnings report?","🌟 What significant events or changes occurred in Great New Energy's operations during Q2 2024?","📝 How did Great New Energy's cost structure change in Q2 2024 compared to previous quarters?","STR","dp69022056",999,"I have obtained the latest report period of Great New Energy is 2024 Q2. Now I will use FinQuery to obtain the revenue and revenue surprise, and use Search to find the corresponding analyst opinions and reasons for revenue decrease.","auto","agent","19eee8fb151b6142","explain news events","Querying Stock","Searching Web","rich_text",".","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","Great New Energy's revenue did not actually plummet in Q2 2024. To the contrary, the company's revenue increased significantly in Q2 2024, thanks to the strategic partnership with Nuvve and Great Power's stationary storage battery deployments and their integration with the grid. This partnership enhanced the US supply chain, bolstered local economies, and supported the U.S. in maintaining its competitive edge in green technology on the global stage.",2,"Nuvve and Great Power Announce Strategic Partnership to Accelerate Electric Vehicle Integration and Renewable Energy Adoption","This strategic move not only enhances the US supply chain but significantly bolsters the local economies and supports the U.S. in maintaining its competitive edge in green technology on the global stage.\" Initial deployments include Nuvve's RESCHOOL and Fresno projects, as well as deployments at oth...","https:\u002F\u002Fwww.investorsobserver.com\u002Fnews\u002Fqm-pr\u002F4521763519224231","2024-04-30","19eee8fb151b6142_2","oeqxkhszf","oeqxkhszf_layer","base","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite",1744619559092,2001,"Great New Energy's revenue did not actually plummet in Q2 2024. To the contrary, the company's revenue increased significantly in Q2 2024, thanks to the strategic partnership with Nuvve and Great Power's stationary storage battery deployments and their integration with the grid. 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