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0 0.000156128024980564 -0.000156128024980342 0.000156128024980564 -0.00046838407494147 -0.00046838407494147 0.000156128024980564 0.000156128024980564
Stock impact report

Allete to build two large solar projects in northern Minnesota [Seeking Alpha]

Allete, Inc. (ALE) 
Last allete, inc. earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.allete.com/investor-relations
Company Research Source: Seeking Alpha
The utility unveiled plans to build an 85 MW solar facility from 180K bifacial solar modules on 600 acres at its Boswell Energy Center coal-fired plant in Cohasset and a 119.5 MW solar facility from 255K bifacial solar modules on 800 acres in Royalton by mid-2027, with the two projects combined able to produce enough electricity to power nearly 50K homes. The two projects are part of Minnesota Power's actions to meet up to 300 MW of regional solar generation called for in the utility's integrated resource plan approved by the Minnesota Public Utilities Commission in 2023. "These projects will help move us toward our goal of providing more than 80% renewable energy by 2030 while working toward meeting the state of Minnesota law calling for carbon-free energy supplies by 2040," Allete ( ALE ) VP and Minnesota Power COO Josh Skelton said. Recommended For You More Trending News Recommended For You More Trending News About ALE Stock Related Stocks Trending Analysis Tre Show less Read more
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