Alset Soars 30.86% on Smart Grid, Energy Sector Advances

On September 3, 2025, Alset's stock surged by 30.86% in pre-market trading, reflecting significant investor interest and potential market shifts.

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 infrastructure. This expansion highlights the increasing importance of sustainable energy solutions, which could positively impact Alset's market position.

Additionally, Advanced Energy Industries has launched new ultra-efficient DC-DC converters, showcasing advancements in power conversion technology. This innovation could drive demand for more efficient energy management systems, potentially benefiting Alset's operations and market standing.

Furthermore, Itron's collaboration with Fiji Water Utility on smart metering deployment underscores the global trend towards smarter energy management. This initiative could set a precedent for similar projects, enhancing Alset's prospects in the smart grid sector.

Overall, these developments suggest a favorable environment for Alset, driven by advancements in energy efficiency and smart grid technologies. Investors are likely responding to the potential for growth in these areas, contributing to the stock's recent surge.