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Innergex Renewable Energy Inc T.INE

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

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and Chile and manages a large portfolio of high-quality assets consisting of interests in 88 operating facilities with an aggregate net installed capacity of 3,375 MW (gross 4,328 MW), including 41 hydroelectric facilities, 35 wind facilities, nine solar facilities and three battery energy storage facilities. It also holds interests in 13 projects under development with a net installed capacity of 930 MW (gross 1,281 MW), three of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 9,912 MW.


TSX:INE - Post by User

Post by LongTbuffeton Sep 05, 2023 9:13am
206 Views
Post# 35619518

Solar Alliance (SOLR) Short term Upside Potential

Solar Alliance (SOLR) Short term Upside PotentialCurrently Trading at 6 Cents from a All-Time high of 70+ Cents
Micro-cap company Solar Alliance Energy is a solar design, build and install business serving the southeastern US states of Tennessee, Kentucky, North and South Carolina and more recently New York State. The company is both an owner of solar assets from which it derives recurring revenue and a builder for third-party customers. \
First positive comprehensive income result in the Company’s commercial solar history as contracted project backlog now totals $7.2 million
Revenue for the three months ended June 30, 2023, was $1,454,213, an increase of 51% from $964,548 in the same period in 2022 as the Company continued to increase both the number and the size of projects in its construction pipeline.
Cost of sales of $951,052 (Q2 2022: $891,789) resulting in a gross profit of $503,161 (Q2, 2022: $72,759) and a gross profit margin of 35% (Q2 2022: 8%).

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