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Stock impact report

Avangrid (AGR) to Build 57 MW Solar Farm, Adds Clean Energy [Yahoo! Finance]

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
These 57 megawatts (MW) solar farm will have 105,000 solar panels and will generate enough clean energy to meet the needs of 14,000 households. Avangrid has been adding clean source of energy in its generation portfolio and reduce emission from the production process. Camino Solar Project is AGR's first solar venture in California and is situated beside its existing 189 MW Manzana Wind Farm, which reached commercial operation in 2012. Avangrid's Long-Term Plan Avangrid plans to create a clean generation portfolio and achieve Scope 1 and Scope 2 carbon neutrality goals by 2035. Also, it aims to reduce Scope 1 greenhouse gas emissions by 35% within 2025 from 2015 baseline. To meet its carbon neutrality goal, the company has been adding wind and solar projects in its portfolio. AGR is currently among the nation's largest renewable energy operators, with 8.7 gigawatt (GW) of installed capacity. The company is working to add new solar projects in Texas. Rising Usage of Solar Ener Show less Read more
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