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Nu E Power Corp. Secures Approval for Major Solar Facility in Alberta

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Nu E Power Corp. Secures Approval for Major Solar Facility in Alberta

An announcement from NU E Power Corp. ( (TSE:NUE) ) is now available.

Nu E Power Corp. has received approval from the Alberta Utilities Commission to build a 157 MWac solar facility in Lethbridge, Alberta, through its joint venture with Low Carbon Canada Limited. The project is expected to significantly contribute to clean energy output and carbon offset annually, with community engagement and rigorous regulatory processes having been integral to its development. The facility aims to connect to the Alberta Electrical Grid by 2027.

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. It has a partnership with Low Carbon Canada Solar Limited, a subsidiary of the UK-based Low Carbon Investment Management Ltd., aiming to develop up to 2GW of renewable energy projects in Canada by 2030.

YTD Price Performance: 83.33%

Average Trading Volume: 170,736

Technical Sentiment Consensus Rating: Strong Sell

See more data about NUE stock on TipRanks’ Stock Analysis page.

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