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Innergex Renewable Energy Inc T.INE

Alternate Symbol(s):  INGXF | T.INE.DB.B | T.INE.DB.C | T.INE.P.A | T.INE.P.C

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned utilities or other creditworthy counterparties. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It manages a portfolio of assets consisting of interests in 85 operating facilities with a net installed capacity of approximately 3,676 MW (gross 4,226 MW), including 40 hydroelectric facilities, 35 wind farms, nine solar farms, and one battery energy storage facility. It also holds interests in approximately 13 projects under development and several prospective projects at different stages of development.


TSX:INE - Post by User

Post by LongTbuffeton Mar 31, 2023 12:48pm
191 Views
Post# 35372115

Solar Alliance SOLR one to watch for

Solar Alliance SOLR one to watch forSolar Alliance SOLR is one of the most underrated Solar Energy stock on the Market. Massive upside potential. Both the US and Canadian Government have committed in the green energy field. Currently trading at 7.5 cents with a peak high of almost $1.00 at its highest hype some years ago. This is set to happen again. Don’t miss out.
 
Solar Alliance | Commercial & Residential Solar Company
 
1.8 million project signed.
Solar Alliance records largest quarterly solar revenue in Q3, 2022. On November 22, 2022, Solar Alliance announced that it had filed its unaudited financial results for the three and nine months ended September 30, 2022. Year to date revenue increased more than 90% based on record Q3 for Company’s commercial solar division. Revenue for the nine months ended September 30, 2022, was $4,381,445, an increase of 94% from $2,255,460 in the same period in 2021.
Construction completed at 1 MW utility project in Knoxville
500-kw solar project for LG&U and KU in Kentucky completed.
Expansion into Canada. Significant opportunities exist in the Canadian commercial solar sector. The federal government, in its 2022 Fall Economic Statement, announced that Canada will introduce investment tax credits (ITCs) of up to 30% for renewable energy technologies as it looks to close the competitive gap with U.S. The ITC in the U.S. has driven long-term growth in the renewables sector and the Company is now exploring options in Canada.
Solar Alliance records largest quarterly solar revenue in Company History.

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