Zeo Energy Surges to 287th in Trading Volume with 3.23 Billion Shares Exchanged Amid Heliogen Acquisition

On May 29, 2025, Zeo Energy (ZEO) experienced a significant surge in trading volume, reaching 3.23 billion, marking a 1447033.59% increase from the previous day. This surge placed Zeo Energy at the 287th position in terms of trading volume for the day. The stock price of Zeo Energy rose by 117.09%, marking its second consecutive day of gains, with a total increase of 119.87% over the past two days.

Zeo Energy Corporation has announced its plans to acquire Heliogen, Inc., a company specializing in concentrated solar power (CSP) and thermal storage systems. This strategic move aims to create a comprehensive clean energy platform that spans residential, commercial, and utility-scale markets. Zeo Energy intends to leverage Heliogen's solutions, brand, intellectual property, capital, and technical talent to establish a division focused on long-duration energy generation and storage. This division will cater to commercial and industrial-scale facilities, including AI and cloud computing data centers.

Heliogen's technology involves AI-controlled concentrated solar power towers that store thermal energy for extended periods. These towers use heliostats to direct sunlight to a collection tower, generating heat, steam, and electricity. The system can achieve temperatures exceeding 1,000 degrees Celsius, providing a reliable source of stored heat that reduces the intermittency of renewable energy generation. This acquisition is expected to close in the third quarter of 2025, further solidifying Zeo Energy's position in the clean energy sector.