Correlate (OTCQB: CIPI), a growth-oriented distributed energy company, has announced financial results for the second quarter ended June 30, 2023. Among the highlights, the company reported that it achieved revenue of $4,158,122 in Q2 2023 compared to $236,690 for the same quarter last year. Correlate believes that demand for renewables will continue to grow exponentially and that the need for localized energy systems that can operate independently or in connection with the main power infrastructure, such as microgrids, will play a pivotal role in facilitating the ongoing transition to renewable energy in the United States. “Correlate Energy Corp. is led by a team of rare and accomplished energy project experts, dedicated to addressing this burgeoning challenge. The embracing of distributed energy in the United States not only promises significant environmental benefits but also presents a large economic opportunity to unlock value for our shareholders,” said Correlate’s CEO Todd Michaels.
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About Correlate Energy Corp.
Correlate is a publicly traded company strategically positioned to capitalize on America’s unstoppable trend toward decentralized energy generation. The company employs a three-pronged strategy aimed at creating stockholder value from this multitrillion-dollar trend. First, Correlate seeks to finance, develop and profitably sell localized clean energy solutions and microgrids to industrial, commercial and residential customers. Secondly, Correlate plans to retain ownership of some of these energy systems and thereby realize ongoing, reliable cash flow. Third, Correlate seeks to acquire proven renewable energy companies in order to exponentially grow earnings per share for investors. Correlate’s management and board consist of industry experts who, during their careers, have successfully financed, developed and installed over two billion dollars of clean energy projects for their clients. For more information about the company, visit www.Correlate.Energy/investors.
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