Correlate Energy Corp. (CIPI)
| Market Cap | 7.83K -50.0% |
| Revenue (ttm) | 9.26M +56.3% |
| Net Income | -33.42M |
| EPS | -0.74 |
| Shares Out | 78.28M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 375 |
| Open | 0.0001 |
| Previous Close | 0.0004 |
| Day's Range | 0.0001 - 0.0001 |
| 52-Week Range | 0.0001 - 0.0015 |
| Beta | 0.57 |
| Analysts | n/a |
| Price Target | n/a |
| Est. Earnings | Nov 19, 2026 |
About Correlate Energy
Correlate Energy Corp. operates as a technology-enabled vertically integrated sales, development, and fulfillment platform that provides distributed clean and resilient energy solutions in North America. It offers a suite of clean energy assessment and fulfilment solutions for the commercial real estate industry; and creates an energy solution and financing platform for the commercial and industrial sectors. The company also provides engineering, procurement, and construction services, as well as consulting services for solar energy projects. I... [Read more]
Financial Performance
In 2023, Correlate Energy's revenue was $7.56 million, an increase of 122.20% compared to the previous year's $3.40 million. Losses were -$12.79 million, 78.5% more than in 2022.
Financial StatementsNews
Correlate Energy Converts Nearly $8 Million of Debt into Preferred Equity, Strengthening Financial Position and Converting Most of Its Debt into Equity
BOISE, Idaho, July 25, 2024 (GLOBE NEWSWIRE) -- Correlate Energy Corp. ( OTC: CIPI), a leading provider of comprehensive decarbonization solutions, announced that on June 14, 2024, the Company finali...
Correlate Energy Enters Landmark Partnership for an Estimated $400M Project to Launch Nation's First Microgrid Utility
BOISE, Idaho, June 11, 2024 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), in collaboration with Compass Energy Platform and Distributed Energy Capital (DEC),...
Correlate Energy Partners with Energetic Capital To Unlock a Large Untapped Market
BOISE, Idaho, May 15, 2024 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”) announces a shared projects pipeline initiative with Energetic Capital aimed at deliv...
Sun Seems to Be Shining on Solar as Costs Continue to Decline - Wins for Correlate Energy in 2023, and Its Plans for 2024
SHREVEPORT, LA / ACCESSWIRE / March 26, 2024 / The sun may be starting to shine on solar energy as consumers and businesses look for cheaper and cleaner power sources. The sector is expected to contin...
The Microgrid Market Is Expected to Grow 19% Annually Until 2027 - How Correlate Energy Is Helping Corporate Adoption and Success In The Field
SHREVEPORT, LA / ACCESSWIRE / March 19, 2024 / At this point in the 21st century, the benefits of clean energy are no longer contested. Renewable energy technology has grown dramatically in the last d...
One Of Illinois's Largest Rooftop Solar Power Facilities Operational Thanks To Correlate Energy
SHREVEPORT, LA / ACCESSWIRE / February 22, 2024 / Continental Envelope is going green, and it has Correlate Energy Corp. (OTCQB:CIPI) to thank. One of the nation's oldest envelope manufacturers, churn...
Correlate and Carbonsight Partner, Unleashing Data-Driven Decarbonization and Sustainable Energy Solutions
BOISE, Idaho, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, proudly announces a strategic partner...
Correlate Energy Corp. Appoints Johan Themaat as CFO and Welcomes Two Additional Independent Board Members
BOISE, Idaho, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, proudly announces the appointment of ...
Correlate Energy Corp. Breaks Ground on Its Largest Corporate Campus Project to Date in Reading, Pennsylvania
BOISE, Idaho, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is excited to announce that construct...
Correlate Energy Corp. Successfully Completes Solar Project at American Tire Distributors Headquarters, Showcasing the Economic Benefits of Clean Energy
BOISE, Idaho, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is pleased to announce the successful...
Energizing Enterprise? Correlate Energy's Trailblazing Path In Renewable Energy
SHREVEPORT, LA / ACCESSWIRE / December 5, 2023 / A comprehensive research report by Harbinger Research , LLC, dated October 31, 2023, sheds light on Correlate Energy Corp. (OTCQB:CIPI), a company at t...
Correlate Energy Successfully Commissions One of Illinois' Latest Rooftop Solar Facilities for Continental Envelope's Manufacturing Plant
BOISE, Idaho, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. ( OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is delighted to announce the commis...
This Sustainable Energy Company Just Landed A Deal To Build 40 Megawatts Of Solar Powered Microgrids For One of California's Largest Privately Owned Oil And Gas Company
SHREVEPORT, LA / ACCESSWIRE / November 3, 2023 / Correlate Energy Corp (OTCQB:CIPI) held a live investor summit webinar recently following the news that the distributed energy company had landed a maj...
Harbinger Research Publishes New Research Report on Correlate Energy Corp., a Rapidly Growing Provider of Sustainable Energy Solutions Based on Solar Generation and Battery Storage Systems
Prepared by Brian R. Connell, CFA, the report offers an in-depth explanation of the Company's business, industry, and growth opportunities and an analysis of its shares' potential future value.
Correlate Energy Announces Major Microgrid Deal with Leading Oil and Gas Company in California
BOISE, Idaho, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. ( OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is excited to announce a significa...
Correlate Energy Welcomes Johan Themaat as Vice President of Finance
BOISE, Idaho, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp . (the “Company” or “Correlate”) (OTCQB: CIPI) a growth-oriented distributed energy company is pleased to announce the appointmen...
Correlate Energy Corp Enhances M&A Strategy with Appointment of Eli Albrecht to Board of Directors
BOISE, Idaho, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (the “Company” or “Correlate”) ( OTCQB: CIPI) a growth-oriented distributed energy company proudly announces the appointment of ...
Correlate Energy Corp. Announces Strong Second Quarter Results as Momentum Accelerates
BOISE, Idaho, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. ( OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, reported financial results on Augus...
Correlate Infrastructure Partners and eDGe Renewable Partners Launch Joint Venture targeting $100M Initial Capital Deployment to Accelerate Microgrid Development
BOISE, Idaho, July 05, 2023 (GLOBE NEWSWIRE) -- Correlate Infrastructure Partners Inc. (OTCQB: CIPI) is excited to announce that it has entered into a Joint Venture (JV) agreement with eDGe Renewable ...
Correlate Infrastructure Partners Inc. Achieves Key Growth Milestones: Successful Fundraising & High-Profile Additions to Senior Management
BOISE, Idaho, June 21, 2023 (GLOBE NEWSWIRE) -- Correlate Infrastructure Partners Inc. (the “Company” or “Correlate”) ( OTCQB: CIPI) a growth-oriented distributed energy company announced today that ...
Correlate Infrastructure Partners Inc. Secures $11.9 Million to Develop and Install One of Pennsylvania's Largest Corporate Solar Projects
BOISE, Idaho, May 24, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Correlate Infrastructure Partners Inc. (OTCQB: CIPI) , a leading technology-enabled vertically integrated sales, development and fulf...
Correlate Infrastructure Partners Inc. Announces One of the Largest Corporate Solar Installation Projects in Pennsylvania at EnerSys® Headquarters
BOISE, Idaho, Nov. 30, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Correlate Infrastructure Partners Inc. (OTCQB:CIPI) ("Correlate" or the “Company”), a technology-enabled energy optimization and c...
Correlate Infrastructure Partners Reports Record Revenue in Third Quarter 2022; Provides Business Update
Q3 revenue up over 9x compared to prior quarter Customer projects totaling up to $194 million at various stages from design to installation
Correlate Infrastructure Partners Inc. Enters into Letter of Intent to Acquire Aegis Renewable Energy Inc., Expand into Northeast Renewables Market
BOISE, Idaho, Sept. 13, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Correlate Infrastructure Partners Inc. (OTCQB: CIPI) (“Correlate” or the “Company”), a technology-enabled energy optimization and c...
Correlate Infrastructure Partners Inc. and Ultra Yield Solutions Partner to Deliver Energy Savings to Controlled Environment Agriculture (CEA) Facilities
BOISE, Idaho, Sept. 07, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Correlate Infrastructure Partners Inc . (OTCQB: CIPI) (“Correlate” or the “Company”), a technology-enabled energy optimization and c...