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Stock impact report

Emeren Group Sells 2.8 MW Maine Solar Project to Altus Power [Yahoo! Finance]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Yahoo! Finance
leading global solar project developer, owner, and operator, today announced the sale of its 2.8 MWdc solar project located in Maine to Altus Power , Inc. (" Altus Power ") (NYSE: AMPS), the largest commercial scale provider of clean electric power. This transaction underscores Emeren's commitment to advancing clean energy solutions and its active role in supporting renewable energy goals nationwide. (PRNewsfoto/Emeren Group Ltd.) The project is the final asset to be sold from Emeren's Maine pipeline. The Company has brought the project to full commercial operation, achieving a significant milestone in its development. With this sale, Altus Power will assume ownership and long-term management, utilizing the project to deliver clean, sustainable energy to local communities and support Maine's renewable energy objectives. Yumin Liu , CEO of Emeren Group, commented, "We are excited to partner with Altus Power on this project. This sale not only strengthens our presence in the U.S. Show less Read more
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