Greenidge Generation Holdings Secures New York State Permit, Emissions Cuts

Greenidge Generation Holdings shares surged over 30% after securing a major regulatory breakthrough with New York State. The company reached an agreement with the New York State Department of Environmental Conservation to renew its Title V Air Permit for its Dresden facility, allowing it to continue operations while committing to substantial emissions cuts. The permit requires a 44% reduction in greenhouse gas output by 2030, surpassing the state's climate targets.