CORRELATE ENERGY CORP - CIPI STOCK NEWS

Welcome to our dedicated page for CORRELATE ENERGY news (Ticker: CIPI), a resource for investors and traders seeking the latest updates and insights on CORRELATE ENERGY stock.

Correlate Energy Corp. (OTCQB: CIPI) is a publicly traded leader in the distributed energy sector. The company focuses on financing, developing, and selling localized clean energy solutions and microgrids to industrial, commercial, and residential customers. Correlate Energy's three-pronged strategy aims to capitalize on the growing trend of decentralized energy generation in America. This involves financing clean energy solutions, retaining ownership of certain systems for reliable cash flow, and acquiring proven renewable energy companies to exponentially grow earnings per share for investors.

Recently, Correlate Energy has achieved significant milestones. One of their notable projects includes the successful commissioning of one of Illinois' largest rooftop solar power facilities at Continental Envelope's manufacturing plant. This project will meet approximately 20%-25% of the plant's energy needs and is estimated to offset 18,849 tons of carbon dioxide over the next 20 years. This achievement aligns with Correlate's mission to provide low-cost, fixed-priced energy while promoting environmental sustainability.

Another key project includes a 3.8-MW solar energy installation at EnerSys' global headquarters in Pennsylvania, one of the largest behind-the-meter solar installations in the U.S. This project exemplifies Correlate's commitment to helping businesses reduce their carbon footprint while achieving cost savings. Additionally, Correlate's collaboration with Carbonsight for decarbonization planning further demonstrates their dedication to providing comprehensive energy solutions that are both financially viable and environmentally sustainable.

Correlate Energy's management team, composed of industry experts, has successfully financed, developed, and installed over two billion dollars worth of clean energy projects. These initiatives not only enhance the company's market position but also ensure positive economic outcomes for their clients, contributing to long-term profitability and sustainability.

For more details about Correlate Energy Corp., visit: https://www.correlate.energy/investors

11/30/2023 05:00 AM

News

Correlate Energy Successfully Commissions One of Illinois’ Latest Rooftop Solar Facilities for Continental Envelope’s Manufacturing Plant

Rhea-AI Summary

Correlate Energy Corp. (CIPI) successfully commissions one of Illinois' largest rooftop solar power facilities at Continental Envelope's manufacturing plant in Geneva, Illinois. The 908-kW solar project will supply 20%-25% of the facility's energy requirements, offsetting approximately 18,849 tons of carbon dioxide over the next 20 years. This achievement demonstrates Correlate's commitment to environmental sustainability and supporting businesses prioritizing green initiatives.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-6.67%

Tags

11/03/2023 09:00 AM

News

This Sustainable Energy Company Just Landed A Deal To Build 40 Megawatts Of Solar Powered Microgrids For One of California’s Largest Privately Owned Oil And Gas Company

Rhea-AI Summary

Correlate Energy Corp (OTCQB:CIPI) has secured a major microgrid deal with a privately owned oil and gas corporation in California. The project involves the development of 40 megawatts of solar power and storage capacity across twenty sites in the Los Angeles metro area. Microgrids provide cheaper, cleaner, and more reliable energy, with the ability to switch between supporting the main grid and providing electricity directly to customers. The deal marks a significant milestone for Correlate and its entry into the microgrid market.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.54%

Tags

10/31/2023 08:30 AM

News

Harbinger Research Publishes New Research Report on Correlate Energy Corp., a Rapidly Growing Provider of Sustainable Energy Solutions Based on Solar Generation and Battery Storage Systems

Rhea-AI Summary

Harbinger Research, an independent equity research firm, has published a research report on Correlate Energy Corp. The report includes a valuation analysis, financial forecast, and future value estimate of the company and its shares. Correlate Energy is a growth-oriented clean distributed energy company focused on providing solar power generation, energy storage, and charging solutions for EVs. The company plans to offer these solutions to commercial, industrial, and residential customers nationwide. The report highlights the company's focus on organic growth and targeted acquisitions, as well as its strong revenue growth and potential future success.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

09/27/2023 05:00 AM

News

Correlate Energy Announces Major Microgrid Deal with Leading Oil and Gas Company in California

Rhea-AI Summary

Correlate Energy Corp. announces a significant microgrid project for a large oil and gas corporation in California, with a projected cost of over $23 million. The project will provide cheaper, fixed-priced power and help the client meet emission requirements. Correlate Energy's entry into the oil and gas sector doubles their largest contract size. They will host an investor summit webcast on Oct 5th to discuss their growth strategy.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-1.18%

Tags

09/19/2023 05:00 AM

News

Correlate Energy Welcomes Johan Themaat as Vice President of Finance

Rhea-AI Summary

Correlate Energy Corp. appoints Johan Themaat as VP of Finance, bringing wealth of experience in finance and energy industry. Themaat has led teams through acquisitions, capital raises, and project development ranging from $1M to over $250M. His expertise aligns with Correlate's commitment to sustainable energy solutions. Themaat's appointment strengthens Correlate's financial strategies and innovation in the renewable energy sector.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

08/22/2023 05:00 AM

News

Correlate Energy Corp Enhances M&A Strategy with Appointment of Eli Albrecht to Board of Directors

Rhea-AI Summary

Correlate Energy Corp. appoints Eli Albrecht to its board of directors, strengthening strategic capabilities and opening new avenues for growth and innovation.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

14.29%

Tags

08/15/2023 05:00 AM

News

Correlate Energy Corp. Announces Strong Second Quarter Results as Momentum Accelerates

Rhea-AI Summary

Correlate Energy Corp. reported Q2 2023 revenue of $4,158,122, a significant increase from $236,690 in Q2 2022. Operating expenses for the quarter totaled $1,460,362. The company secured $11.9 million for a solar project in Pennsylvania and raised over $2.5 million in funding. They also strengthened their management team, launched a joint venture, and currently have a portfolio of 1.940 MW. Correlate Energy Corp. believes that demand for renewables will continue to grow exponentially through 2030 and beyond.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

07/05/2023 04:30 PM

News

Correlate Infrastructure Partners and eDGe Renewable Partners Launch Joint Venture targeting $100M Initial Capital Deployment to Accelerate Microgrid Development

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

14.29%

Tags

06/21/2023 09:24 AM

News

Correlate Infrastructure Partners Inc. Achieves Key Growth Milestones: Successful Fundraising & High-Profile Additions to Senior Management

Rhea-AI Summary

Correlate Infrastructure Partners Inc. has raised over $2.5 million in new funding through a private placement of a secured convertible note offering. The funds will be used for project fulfillment capabilities and working capital. The company also announced the hiring of two seasoned professionals to its senior management team.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

05/24/2023 08:30 AM

News

Correlate Infrastructure Partners Inc. Secures $11.9 Million to Develop and Install One of Pennsylvania’s Largest Corporate Solar Projects

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

FAQ

What is the current stock price of CORRELATE ENERGY (CIPI)?

The current stock price of CORRELATE ENERGY (CIPI) is $0.53 as of October 15, 2024.

What is the market cap of CORRELATE ENERGY (CIPI)?

The market cap of CORRELATE ENERGY (CIPI) is approximately 19.1M.

What does Correlate Energy Corp. do?

Correlate Energy Corp. finances, develops, and sells localized clean energy solutions and microgrids to industrial, commercial, and residential customers.

What is the company's strategy?

Correlate employs a three-pronged strategy: financing clean energy solutions, retaining ownership of some systems for cash flow, and acquiring renewable energy companies to grow earnings per share.

What are some recent achievements of Correlate Energy?

The company recently commissioned one of Illinois' largest rooftop solar facilities and completed a significant solar installation at EnerSys' headquarters in Pennsylvania.

Who are some of Correlate Energy's partners?

Correlate has partnered with Continental Envelope, EnerSys, and Carbonsight for various projects aimed at reducing carbon footprints and promoting sustainability.

What impact do Correlate's projects have on the environment?

Correlate's projects are designed to provide low-cost, fixed-priced energy while significantly reducing carbon emissions, contributing to long-term environmental sustainability.

Can Correlate Energy help my business save on energy costs?

Yes, Correlate Energy offers tailored clean energy solutions that can reduce energy costs and improve operational efficiency for businesses.

How can I learn more about investing in Correlate Energy Corp.?

You can visit their investor page at: Investors Page for more information.

What sets Correlate Energy apart from other energy companies?

Correlate's holistic approach to renewable energy, involving tailored strategies and expert execution, ensures optimized facility performance and substantial cost savings.

Who is on Correlate Energy's management team?

The management team consists of industry experts who have previously financed, developed, and installed over two billion dollars worth of clean energy projects.

How does Correlate Energy support sustainability?

Correlate Energy provides comprehensive clean energy solutions that promote environmental responsibility without compromising efficiency or profitability.