Latest News In Energy Transition - CleanChoice Energy Expands Renewable Portfolio With New Solar Projects
CleanChoice Energy is broadening its renewable energy portfolio with the acquisition of two solar projects in New York State, aimed at generating a combined 54.2 MW of clean electricity. These projects, situated in Washington and Rensselaer Counties, were selected by the New York State Energy Research and Development Authority as part of efforts to meet the state's goal of 70% clean electricity by 2030. This expansion marks a significant stride in CleanChoice's strategy to bolster its solar generation capacity and strengthen community connections to locally-produced clean energy. As national and regional electricity grids face rising demand and consumer interest in sustainable energy solutions, initiatives like these underscore the ongoing transition towards renewable energy sources.
In other trading, was a notable mover up 11% and ending the day at $49.79. At the same time, lagged, down 6.1% to end the day at $117.13. On Tuesday, the company declared a regular quarterly cash dividend of $0.55 per share.
Fluor Corporation's strategic shift towards high-growth markets may lead to net margin improvements. Explore Fluor's transformative strategy and its potential impact on earnings here.
Don't miss the Market Insights article "Opportunities In The Turbulent Transition To Greener Energy," which explores current renewable stock struggles and emerging nuclear options; read it now before market shifts.
finished trading at $167.86 up 2%.
settled at $144.78 up 1%.
settled at $326.43 up 0.1%.
Click through to start exploring the rest of the 153 Energy Transition Stocks including Jiangsu Financial Leasing, Dubai Electricity and Water Authority (PJSC) and Hindustan Zinc now.
Interested In Other Possibilities? These 18 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Simply Wall St
"CleanChoice Energy Expands Footprint with its First Two Solar Projects in New York State" from CleanChoice Energy on GlobeNewswire (published 11 June 2025)
Companies discussed in this article include NYSE:FLR NasdaqGS:FSLR NYSE:CVX NasdaqGS:TSLA and NYSE:NUE.
This article was originally published by Simply Wall St.
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