Southern Company's 378th-Ranked Trading Volume Fuels 1068 MW Solar Expansion

On September 5, 2025, Southern Company (SO) reported a trading volume of 0.29 billion shares, ranking 378th among active stocks. The stock closed at $91.69, down 0.10% from the previous day’s close of $91.78. Georgia Power, a subsidiary of Southern, secured regulatory approval for five new utility-scale solar projects totaling 1,068 megawatts (MW) under its Clean and Renewable Energy Subscription (CARES) 2023 program. The projects, spread across Georgia, include solar facilities with battery storage and are expected to enhance grid reliability and diversify the company’s energy portfolio.

The approved projects feature long-term power purchase agreements (PPAs) with third-party developers. Notable sites include a 260 MW facility in Mitchell County (25-year PPA), a 200 MW facility in Coffee County (30-year PPA), and a 183 MW solar-plus-storage site in Wilkinson County (20-year PPA). These additions align with Southern’s strategic focus on renewable energy expansion, aiming to meet growing demand for carbon-free power while maintaining system resilience. The projects are part of a broader initiative to secure 4,000 MW of new renewable resources by 2035, with further procurement plans expected in 2026.

Recent regulatory filings highlight Southern’s commitment to modernizing its generation mix, including hydroelectric fleet upgrades and natural gas turbine installations. However, the company faces ongoing challenges in balancing traditional energy infrastructure with emerging clean energy investments. Analysts note that Southern’s ability to execute these projects efficiently and secure competitive pricing will be critical to sustaining shareholder value amid evolving market dynamics.

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