CleanChoice plans to acquire two solar projects from Geenex
Yahoo Finance·2026-02-19 10:42

Core Insights - CleanChoice Energy is expanding its solar energy generation capacity by acquiring two projects in North Carolina, adding 222.2MWdc to its portfolio [1][2] - The acquisition includes the Sumac Project, expected to produce 103.92MWdc, and the Sweetleaf Project, expected to generate 118.3MWdc [4] - This expansion will increase CleanChoice's total generation capacity to 331.99MWdc, enhancing its position in the southeast's renewable energy market [2] Company Developments - CleanChoice currently operates a solar project in Franklin County, Pennsylvania, and is constructing additional projects in Kylertown, Pennsylvania, and in Washington and Rensselaer counties in New York [3] - The North Carolina projects represent CleanChoice's largest projects to date, with construction scheduled to begin in early 2027 and interconnection targeted for 2028 [3] Community Engagement - CleanChoice aims to provide enough clean electricity to power approximately 130,000 homes annually through these developments [5] - The company plans to invest $350,000 in local initiatives benefiting schools, food banks, and scholarship programs around the project areas [5] Environmental Commitment - CleanChoice emphasizes adherence to ecovoltaics principles by incorporating environmentally considerate practices in its project design and construction [6]

CleanChoice plans to acquire two solar projects from Geenex - Reportify