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Yahoo
28-04-2025
- Business
- Yahoo
Solar farm proposals increase in size
Plans for a solar farm near Spalding have increased in size by around 200 hectares since they were first announced. The Meridian Solar Farm, which would generate electricity for more than 200,000 homes, was originally estimated at 900 hectares last year. The developer Downing Renewable Developments said it is still fine-tuning the proposals and wanted to hear from residents before a planning application is submitted. Stage two of the company's consultation began on 24 April and runs until the 8 June, with three in-person events for members of the public. Information put out by the developer said only around 600 hectares would actually have solar panels on, with the rest holding infrastructure such as cables and battery storage. Most of the project would be focused near Spalding and Crowland, with a fourth area to the east near Sutton St Edmund. David Vernon, head of nationally significant infrastructure projects at DRD, said: "We're inviting the public to learn more about and provide feedback on our developed proposals, which is important to help us shape our final designs. "We encourage anyone with an interest in Meridian Solar to take part in the consultation," he added. According to the Local Democracy Reporting Service, it is expected that the plans will be submitted later this year. If approved, the project would be operational by about 2029 and would produce renewable energy for up to 40 years. The Meridian Action Group, who are campaigning against the solar farm, say it's vital that residents make their feelings heard. The group say the facility should be placed on brownfield land instead of good quality farmland, which they believe would threaten food security. Spokesman Paul Smith said: "Be in no doubt, without comments from the public, especially those to be most affected, this scheme will steamroller through exactly as proposed. "Your comments, views and opinions will only count if you express them now," he added. The public consultation meetings will be held at: Sutton St Edmund Village Hall – Saturday 10 May, 10:30 – 16:30 BST Crowland Snowden Pavilion – Wednesday 21 May, 14:00 – 20:00 Weston Village Hall – Thursday 22 May, 14:00 – 20:00 Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Europe's biggest solar farm 'could desecrate fens' Council leader hits back in solar farm land debate English farmland could be cut by 9% to hit green targets Local Democracy Reporting Service
BBC News
28-04-2025
- Business
- BBC News
Large solar farm plan for Lincolnshire to increase by 200 hectares
Plans for a solar farm near Spalding have increased in size by around 200 hectares since they were first Meridian Solar Farm, which would generate electricity for more than 200,000 homes, was originally estimated at 900 hectares last developer Downing Renewable Developments said it is still fine-tuning the proposals and wanted to hear from residents before a planning application is two of the company's consultation began on 24 April and runs until the 8 June, with three in-person events for members of the public. Information put out by the developer said only around 600 hectares would actually have solar panels on, with the rest holding infrastructure such as cables and battery of the project would be focused near Spalding and Crowland, with a fourth area to the east near Sutton St Vernon, head of nationally significant infrastructure projects at DRD, said: "We're inviting the public to learn more about and provide feedback on our developed proposals, which is important to help us shape our final designs."We encourage anyone with an interest in Meridian Solar to take part in the consultation," he added. 'Steamroller through' According to the Local Democracy Reporting Service, it is expected that the plans will be submitted later this year. If approved, the project would be operational by about 2029 and would produce renewable energy for up to 40 Meridian Action Group, who are campaigning against the solar farm, say it's vital that residents make their feelings group say the facility should be placed on brownfield land instead of good quality farmland, which they believe would threaten food Paul Smith said: "Be in no doubt, without comments from the public, especially those to be most affected, this scheme will steamroller through exactly as proposed."Your comments, views and opinions will only count if you express them now," he public consultation meetings will be held at:Sutton St Edmund Village Hall – Saturday 10 May, 10:30 – 16:30 BSTCrowland Snowden Pavilion – Wednesday 21 May, 14:00 – 20:00Weston Village Hall – Thursday 22 May, 14:00 – 20:00 Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here.
Yahoo
19-03-2025
- Business
- Yahoo
Zacks.com featured highlights DRDGOLD, GeneDx, EverQuote, HCI Group and Alibaba
Chicago, IL – March 19, 2025 – Stocks in this week's article are DRDGOLD Ltd. DRD, GeneDx Holdings Corp. WGS, EverQuote Inc. EVER, HCI Group Inc. HCI and Alibaba Group Holding Ltd. BABA. U.S. stock markets have been enduring severe volatility over the past month. Wall Street's recent turmoil is broad-based. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — are in the negative territory year to date. The S&P 500 and the Nasdaq Composite are in fact, in a correction zone. Moreover, the mid-cap-centric S&P 400 is in the red and the small-cap benchmark Russell 2000 is in bear territory, year to date. Market participants remained concerned about the Trump administration's tariff and trade-related policies and their impact on U.S. economic growth, especially on the inflation rate. Recently released several key economic data have clearly shown that the U.S. economy is weakening. The resilient labor market has shown softness. The last released data for retail sales, industrial production, manufacturing PMI, housing sector data and consumer confidence and sentiment indexes came in well below expectations. Consequently, a handful of stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. Such stocks have a high chance of carrying the momentum forward. Five such stocks are — DRDGOLD Ltd., GeneDx Holdings Corp., EverQuote Inc., HCI Group Inc. and Alibaba Group Holding Ltd. If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational. However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy. Here's how you should create the screen to shortlist the current as well as the potential winners. Let's discuss five out of these 11 stocks here: DRDGOLD Is a gold mining company, engaged in the extraction of gold from the retreatment of surface mine tailings in South Africa. DRD sells gold and silver bullion. DRD is involved in provision care and maintenance services, and operation of training center. Incontrovertibly bullish about its product, DRD recently concluded the extensive refocusing of its gold interests. The stock price of DRDGOLD has jumped 34.6% in the past four weeks. It has an expected earnings growth rate of 29.3% for the current year (ending June 2025). The Zacks Consensus Estimate for current-year earnings has improved 19.1% over the past 30 days. GeneDx Holdings is a genomics company that provides genetic testing services. WGS primarily offers pediatric and rare disease diagnostics with a focus on whole exome and genome sequencing, as well as data and information services. WGS is at the forefront of transforming healthcare through its industry-leading exome and genome testing and interpretation, fueled by rare disease data sets. The stock price of GeneDx Holdings has climbed 29% in the past four weeks. The company has expected earnings growth of more than 100% for the current year. The Zacks Consensus Estimate for the current-year earnings has improved 86.5% over the past 30 days. EverQuote should continue to benefit from its exclusive data asset and technology, intensified focus on core P&C markets, streamlined operations and a strong financial profile that poise it for long-term growth. Solid performances at automotive and other insurance verticals, given auto carrier recovery and growth in revenue per quote request, bode well. EVER expects to benefit from the shift to online insurance sales. EVER remains focused on the growth of consumer traffic and the addition of channels. EVER expects revenues between $155 million and $160 million for the first quarter of 2025. The stock price of EverQuote has surged 22.7% in the past four weeks. The company has expected earnings growth of 34.1% for the current year. The Zacks Consensus Estimate for the current year earnings has improved 45.7% over the past 30 days. HCI Group is a holding company that conducts its business activities through its subsidiaries. HCI is engaged in diverse business activities, including property and casualty insurance, information technology, real estate and reinsurance. HCI provides property and casualty insurance. HCI's insurance product includes property and casualty homeowners' insurance, condominium-owners' insurance and tenants' insurance for individuals owning property. HCI's shares have rallied 16.9% in the past four weeks. It has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 12.4% over the past 30 days. Alibaba Group Holding third-quarter fiscal 2025 results benefited from the monetization of Taobao and Tmall Group, cloud businesses and AI-integrated products. BABA is riding on strong momentum in its international commerce retail business, driven by strength in AliExpress' Choice. The growing international commerce wholesale business, thanks to strength in cross-border-related value-added services, is a tailwind. Expanding China's wholesale commerce business is a positive for BABA. Robust local consumer services and Cainiao logistics services are further driving the top-line growth of BABA. The stock price of Alibaba advanced 13.1% in the past four weeks. The company has expected earnings growth of 23.1% for the next year (ending March 2026). The Zacks Consensus Estimate for next-year earnings has improved 5.8% over the past 30 days. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit at: Follow us on Twitter: Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Phone: 312-265-9268 Email: pr@ Visit: provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EverQuote, Inc. (EVER) : Free Stock Analysis Report HCI Group, Inc. (HCI) : Free Stock Analysis Report DRDGOLD Limited (DRD) : Free Stock Analysis Report Alibaba Group Holding Limited (BABA) : Free Stock Analysis Report GeneDx Holdings Corp. (WGS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
