AES Corp's Bellefield 1 Solar Project Boosts Trading Volume to 409th Position

Volume AlertsThursday, Jun 12, 2025 8:09 pm ET
1min read

The stock of The saw a significant increase in trading volume on June 12, 2025, with a turnover of 2.12 billion, marking a 60.18% rise from the previous day. This surge placed The's trading volume at the 409th position among all stocks traded that day.

AES Corp, a Virginia-based renewable energy developer, has successfully completed the first phase of the Bellefield solar-plus-storage project. This phase, known as Bellefield 1, features 1,000 MW of solar capacity combined with

, all under a 15-year contract with . The project is strategically located in Kern County and is set to become the largest solar-plus-storage facility in the United States upon completion of its second phase.

The completion of Bellefield 1 is a significant milestone for

Corp, as it not only solidifies their position in the renewable energy sector but also underscores their commitment to large-scale, sustainable energy solutions. The project's design includes 500 MW of solar power and 500 MW of battery storage, capable of storing energy for up to four hours. This phase is part of a larger 2,000 MW project, with the second phase expected to mirror the first in terms of capacity and storage capabilities.

The successful completion of Bellefield 1 is likely to have a positive impact on The's stock price, as investors recognize the company's ability to execute large-scale renewable energy projects. The long-term contract with Amazon further adds to the project's stability and financial viability, providing a steady revenue stream for AES Corp. As the renewable energy sector continues to grow, projects like Bellefield are expected to drive demand for The's services and technologies, potentially leading to further stock price appreciation.