AES up after joining consortium to boost solar supply chain

Clearway Energy

21/06/2022 17:03

** Shares of U.S power producer AES Corp  AES.N  rise as much
as 2.86% to $19.8 as co joins consortium that will spend $6 bln
to support expansion of the domestic solar supply chain
    ** AES says it has joined other renewable energy firms such
as Clearway Energy Group, Cypress Creek Renewables and DE Shaw
Renewable Investments in the U.S. Solar Buyer Consortium as it
seeks to to address supply chain issues  urn:newsml:reuters.com:*:nL1N2Y80RC
    ** Shares of solar stocks such as Enphase Energy  ENPH.O ,
Maxeon Solar Technologies  MAXN.O , First Solar  FSLR.O  and
Canadian Solar  CSIQ.O  rise 2.72%-5.57%
    ** JinkoSolar  JKS.N  up 11.66%, while Nextera Energy
 NEE.N  gains 2.37%
    ** AES stock down ~18% YTD, as of last close 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com; Twitter: https://twitter.com/rithika_krishna;))