Alset Soars 15.43% on Smart Grid, Energy Sector Gains

On September 3, 2025, Alset's stock price surged by 15.43% in pre-market trading, reflecting a significant bullish sentiment among investors.

Alset's recent performance can be attributed to several key developments in the smart grid and energy sectors. Orion Energy Systems, a provider of energy-efficient LED lighting and EV charging solutions, has expanded its Voltrek division to meet growing demand for EV charging infrastructure. This expansion is likely to benefit Alset, as it indicates a broader trend towards increased investment in sustainable energy solutions.

Additionally, Advanced Energy Industries has launched new ultra-efficient DC-DC converters, which are expected to enhance the performance of high-end ICT and industrial applications. This technological advancement could drive demand for Alset's products, as companies seek to integrate more efficient power solutions into their operations.

Furthermore, Itron, a leader in utility management solutions, has appointed Scott Drury, a former utility CEO, to its board of directors. This strategic move is expected to strengthen Itron's leadership in the energy sector, potentially creating new opportunities for Alset to collaborate with Itron on innovative projects.

Overall, the positive developments in the smart grid and energy sectors, coupled with Alset's strong market position, have contributed to the company's recent stock price surge. Investors are optimistic about Alset's future prospects, given its involvement in cutting-edge technologies and its commitment to sustainability.