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Nu E Power Corp. Advances Hanna Solar Farm Project in Alberta

Story Highlights
  • Nu E Power Corp. is a green energy company focused on renewable projects in North America.
  • The Hanna Solar Farm project in Alberta is a $400 million investment expected to start in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nu E Power Corp. Advances Hanna Solar Farm Project in Alberta

The latest announcement is out from NU E Power Corp. ( (TSE:NUE) ).

Nu E Power Corp. has provided an update on its Hanna Solar Farm project, a 300MWac/360MWdc solar farm located in Alberta, Canada. The project has passed an initial wildlife assessment and is undergoing further studies to meet regulatory requirements, with construction expected to begin in 2026. This $400 million investment is set to generate significant clean energy and long-term jobs, contributing to carbon offset efforts in the region.

More about NU E Power Corp.

Nu E Power Corp. is a green energy company focused on developing, constructing, and operating clean and renewable energy infrastructure across North America. The company has a partnership with Low Carbon Canada Solar Limited to facilitate non-dilutive investment, aiming to develop up to 2GW of renewable energy projects in Canada by 2030.

YTD Price Performance: 38.89%

Average Trading Volume: 192,909

Technical Sentiment Consensus Rating: Strong Sell

See more insights into NUE stock on TipRanks’ Stock Analysis page.

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