- Babcock & Wilcox Enterprises Inc’s (NYSE:BW) segment B&W Renewable has been awarded contracts worth $12 million for two utility-scale solar panel installation projects totaling 144 megawatts in the Midwest United States.
- The photovoltaic solar farms will produce zero-carbon, zero-emissions power for more than 20,000 homes and businesses.
- “Our solar installation and service capabilities allow us to effectively serve a broad range of customers, including utility-scale installations such as these. As demand for clean energy solutions continues to grow, we’re optimistic about the ongoing growth of the North American solar energy market,” commented B&W Executive Vice President and Chief Operating Officer Jimmy Morgan
- Project planning is in progress and is expected to complete by 4Q22.
- Price Action: BW shares are trading higher by 2.64% at $7.19 on the last check Monday.
Earnings Preview: Sprout Social
Sprout Social (NASDAQ:SPT) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here's what investors need to know before the announcement.
Analysts estimate that Sprout Social will report an earnings per share (EPS) of $-0.06.
