- Distributed energy solutions company Correlate Energy Corp. is focused on boosting businesses with a clean green focus, helping them to better plan, fund, and manage their building energy profiles
- Green economic factors are becoming increasingly important to businesses and governments, as evidenced by pollution-reducing measures taken by the federal and state governments, and at the local level as with New York City
- The most recent measure of that commitment is the March 20 announcement by the EPA to roll out finalized national pollution standards for cars, pickups, and other vehicles
- Correlate’s strategy includes the development and sale of localized clean energy solutions and microgrids for companies, while retaining possession of some energy systems, which helps affordability for the client while supporting Correlate’s dependable revenue stream
In tandem with efforts by different levels of government to continue building a “green economy” through reduction of carbon pollution and the promotion of associated technologies, local governments and many businesses are looking for affordable ways to adopt cleaner environmental standards for their operations and buildings.
Distributed energy solutions company Correlate Energy (OTCQB: CIPI) is working with U.S. businesses and government programs to make solar power and other green energy solutions accessible to mid-tier companies that are often overlooked by large energy companies and consulting firms (https://ibn.fm/DMDcd). Correlate is tapping into an economic trend spurred in part by an international pact to cut pollution nation-by-nation around the world, known as the Paris Agreement.
The U.S. Environmental Protection Agency (“EPA”) announced March 20 that it has arrived at final national pollution standards for passenger cars, light-duty trucks, and medium-duty vehicles, which it expects to reduce carbon emissions by more than 7 billion tons and provide nearly $100 billion of annual net benefits to society, including an increase in U.S. auto manufacturing employment (https://ibn.fm/l7FOv). It’s the most recent policy advancement in America’s efforts to meet its commitment under the international agreement to halve its greenhouse gas emissions by 2030.
At the local level, New York City is rolling out its Green Economy Action Plan, which invests in jobs and training that will help position New Yorkers in roles that help combat climate change. The plan promotes a universal understanding and direction for the city’s developing green economy, involving more than 100 stakeholders and partners (https://ibn.fm/XCcuE).
“Our city didn’t recover the nearly 1 million jobs we lost during the pandemic and reach a new private-sector job high by looking backward — we did it by building an economy of the future. And we must draw on all our resources to protect our city from the effects of climate change,” New York City Eric Mayor Adams said last month when announcing the plan’s design (https://ibn.fm/EQ6kc). “From building resiliency projects and retrofitting apartment buildings, to installing solar panels, EV charging stations, and wind turbines, ‘green-collar’ jobs are already in demand and leading the way.”
As Correlate works to build partners similarly inclined to find green solutions, the company has announced a partnership with Carbonsight (by Autocase) that is designed to assist corporate building portfolio managers as they try to improve their green footprints. Carbonsight is an online decarbonization planning tool that organizes data for potential CO2-reducing solutions in real estate portfolios (https://ibn.fm/AvYap).
At its core, Correlate is a business that helps clients figure out the ideal way to set up their building site, and then helps them connect with sources of financing, manage the construction process, and ensure goals are being met.
The passage of the Inflation Reduction Act in 2022 was designed to help improve on existing electrical infrastructure that the federal government acknowledged has not been keeping pace with the surging demand for renewable energy, showing the government’s interest in the economy’s transition.
As Correlate helps develop its own localized clean energy solutions and microgrids, it provides solutions to industrial, commercial, and residential customers, while retaining ownership of some of these energy systems to support its revenue stream. Correlate also plans to acquire renewable energy companies that have already proven themselves.
For more information, visit the company’s website at www.Correlate.Energy, including the following:
- Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.Correlate.Energy/our-process
- Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.Correlate.Energy/program
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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