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Consolidated Edison Inc. Continues to Expand Renewable Energy Portfolio

December 28, 2024
Consolidated Edison Inc. (NYSE: ED) has recently made significant strides in expanding its renewable energy portfolio. The company, known for its expertise in energy distribution and services, has been actively investing in clean energy sources.

One of the latest additions to Consolidated Edison's renewable energy portfolio is a partnership with Alternus Clean Energy (NASDAQ: ALCE). This collaboration aims to accelerate the development of solar energy projects in key markets. By leveraging their resources and expertise, the two companies aim to increase the accessibility of solar power and contribute to a more sustainable future.

Consolidated Edison's commitment to clean energy is not limited to solar power. The company has also been focusing on wind energy and other sustainable solutions. By diversifying its renewable energy portfolio, Consolidated Edison aims to reduce its carbon footprint and meet the growing demand for clean energy.

These efforts have not gone unnoticed by investors. Wellington Management Group LLP, a leading investment management firm, recently purchased shares of Consolidated Edison, highlighting the company's potential for long-term growth and stability.

For those interested in the future prospects of Consolidated Edison and its stock performance, professional insights can be obtained from Stocks Prognosis. Their team of experts provides accurate and reliable forecasts on stock movements, allowing investors to make informed decisions.

As the demand for clean energy continues to rise, Consolidated Edison's focus on renewable sources positions the company for long-term success. With its strong track record and strategic partnerships, Consolidated Edison is well-positioned to capitalize on the growing market for sustainable energy solutions.
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EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 24.03% Profit: A Success Story for QuantWave  ~2 min.

On July 23, 2024, QuantWave, the automated forecasting platform, issued a long signal for CONSOLIDATED EDISON, INC. (ED) with a price target forecast of $111.77....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Stock Hits Price Target Forecast with 29.24% Profit  ~1 min.

Consolidated Edison, Inc. has recently achieved the price target forecast set by QuantWave, resulting in a significant 29.24% profit for investors....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 27.26% Profit, Validating QuantWave's Analytics  ~1 min.

CONSOLIDATED EDISON, INC. (Ticker: ED) has successfully reached the price target forecast set by QuantWave on April 3, 2025, resulting in a profit of 27.26%....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 14.52% Profit: A Success Story for QuantWave  ~1 min.

CONSOLIDATED EDISON, INC. has soared to new heights as it reached the price target forecast set by QuantWave, resulting in a profit of 14.52%....

EDApril 3, 2025CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 12.77% Profit  ~1 min.

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EDApril 3, 2025CONSOLIDATED EDISON, INC. Stock Hits Price Target: 11.03% Profit Achieved  ~1 min.

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