3 days ago
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.
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finished trading at $167.86 up 2%.
settled at $144.78 up 1%.
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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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