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FirstEnergy Shares Dip Amid Solar Expansion in West Virginia Trading Volume Ranks 498th
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 8:08 pm ET1min read
FirstEnergy Corp (FE) shares fell 0.63% on June 3, 2025, marking the second consecutive day of decline, with a total decrease of 1.67% over the past two days. The trading volume reached 1.98 billion, ranking 498th in the day's market activity.
FirstEnergy has expanded its solar power capabilities in West Virginia with the completion of its third utility-scale solar site. This new facility, located in Marlowe, generates 5.75 MW of power. The site is situated on approximately 36 acres of company-owned property along Interstate 81 and the Potomac River, previously an ash disposal site. This strategic move not only enhances FirstEnergy's renewable energy portfolio but also underscores its commitment to sustainable energy solutions. The expansion is expected to have a positive impact on the company's long-term growth and environmental sustainability efforts.
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