Southern Company Boosts Renewable Capacity, Keeps Coal in Play

November 22, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Southern Company (NYSE:SO) (Atlanta, Georgia) is expanding its role in renewable energy with the continued development of major solar and hydropower facilities. But the company also acknowledges some of its coal-fired generation facilities might stay open longer than previously anticipated, largely due to the growing demand for energy from data centers. Industrial Info is tracking more than $6.7 billion worth of active and proposed projects from Southern, including nearly $1 billion worth of renewable-energy projects. Southern Power, a subsidiary of Southern Company, announced this week it would pursue an additional expansion of a major solar project in Texas. Other companies featured: Canadian Solar Incorporated (NASDAQ:CSIQ), Synopsys Incorporated (NASDAQ:SNPS), Keysight Technologies (NYSE:KEYS), Sustainability Roundtable Incorporated and Voith.