• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    New Solar Site Generating Energy in Berkeley County, West Virginia

    6/2/25 3:00:00 PM ET
    $FE
    Electric Utilities: Central
    Utilities
    Get the next $FE alert in real time by email

    Mon Power and Potomac Edison complete 36-acre solar project in Marlowe

    FAIRMONT, W.Va., June 2, 2025 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE:FE), have completed their third utility-scale solar site in West Virginia to help meet the state's electricity needs. More than 17,000 solar panels are now producing up to 5.75 megawatts of renewable power at the Marlowe site in Berkeley County. One megawatt of solar energy powers a national average of 173 homes, according to the Solar Energy Industries Association.

    More than 17,000 solar panels are now producing up to 5.75 megawatts of renewable power at the Marlowe site in Berkeley County.

    Aerial photos and drone video footage of the Marlowe solar site are available to view or download on FirstEnergy's Flickr page.

    The new solar facility is situated on approximately 36 acres of company-owned property along Interstate 81 and the Potomac River. The site was previously an ash landfill for the former R. Paul Smith Power Station. In 2022, after harvesting more than three million tons of ash for use in cement manufacturing, FirstEnergy successfully completed the closure of the landfill, paving the way for its redevelopment as part of the companies' solar program.

    Mon Power and Potomac Edison used 54 local union workers for construction at the site. Additionally, the solar panels, racking system steel and supporting electrical equipment were made in the United States.

    Dan Rossero, Vice President of FirstEnergy's West Virginia Generation: "Our solar projects create construction jobs, support U.S. manufacturing and help us accommodate increased demand for electricity. We are committed to ensuring that our customers have the right mix and amount of generation to support their everyday needs, and our solar facilities are a growing part of that."

    The companies' West Virginia solar program supports a 2020 bill passed by the West Virginia Legislature that authorizes electric companies to own and operate up to 200 megawatts of solar generation facilities to help meet the state's electricity needs. The program involves the siting and development of solar projects on brownfield or impacted industrial properties while encouraging economic development in West Virginia, as a number of companies require that a portion of the electricity they purchase be generated by renewable sources.

    Mon Power and Potomac Edison plan to develop a total of five solar projects that will comprise 50 megawatts of solar generation. The companies completed their first solar project at Fort Martin Power Station (18.9 megawatts) in early 2024, and their Rivesville solar site (5.5 megawatts) came online last fall. In total, the companies now have 30 megawatts of solar capacity.

    Combined, the five projects will create more than 87,000 solar renewable energy credits (SRECs) available for purchase by customers who support renewable energy in West Virginia. SRECs are certificates that represent the environmental attributes of solar power and prove solar energy was generated on the purchasers' behalf. For every megawatt hour of solar renewable electricity generated, one SREC is produced.

    Since the inception of the solar program, Mon Power and Potomac Edison have enrolled residential customers as well as large commercial and institutional customers, including the National Energy Technology Laboratory (NETL) in Morgantown and the town of Harpers Ferry. The cost to purchase SRECs through the program is 4 cents per kilowatt hour in addition to normal rates. To subscribe or find out more about the solar program, Mon Power and Potomac Edison customers in West Virginia can visit firstenergycorp.com/WVsolar or call 1-800-505-7283.

    Mon Power serves about 395,000 customers in 34 West Virginia counties. Follow Mon Power at mon-power.com, on X @MonPowerWV, and on Facebook at facebook.com/MonPowerWV.

    Potomac Edison serves about 285,000 customers in seven counties in Maryland and 155,000 customers in the Eastern Panhandle of West Virginia. Follow Potomac Edison at potomacedison.com, on X @PotomacEdison, and on Facebook at facebook.com/PotomacEdison.

    FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at firstenergycorp.com and on X @FirstEnergyCorp.

    Potomac Edison Logo (PRNewsfoto/FirstEnergy Corp.)

    Mon Power Logo (PRNewsfoto/FirstEnergy Corp.)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-solar-site-generating-energy-in-berkeley-county-west-virginia-302470734.html

    SOURCE FirstEnergy Corp.

    Get the next $FE alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FE

    DatePrice TargetRatingAnalyst
    4/23/2025$45.00Underperform → Neutral
    BofA Securities
    1/23/2025Outperform → Peer Perform
    Wolfe Research
    12/12/2024$50.00Sector Perform → Sector Outperform
    Scotiabank
    10/31/2024Buy → Neutral
    Seaport Research Partners
    10/14/2024$46.00Hold
    Jefferies
    9/20/2024$50.00Hold → Buy
    Argus
    4/10/2024$45.00Buy
    Goldman
    8/23/2023$37.00Equal Weight
    Barclays
    More analyst ratings

    $FE
    SEC Filings

    See more
    • FirstEnergy Corp. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - FIRSTENERGY CORP (0001031296) (Filer)

      5/21/25 4:33:10 PM ET
      $FE
      Electric Utilities: Central
      Utilities
    • SEC Form 10-Q filed by FirstEnergy Corp.

      10-Q - FIRSTENERGY CORP (0001031296) (Filer)

      4/30/25 5:12:28 PM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - FIRSTENERGY CORP (0001031296) (Filer)

      4/23/25 4:22:52 PM ET
      $FE
      Electric Utilities: Central
      Utilities

    $FE
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • New Solar Site Generating Energy in Berkeley County, West Virginia

      Mon Power and Potomac Edison complete 36-acre solar project in Marlowe FAIRMONT, W.Va., June 2, 2025 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE:FE), have completed their third utility-scale solar site in West Virginia to help meet the state's electricity needs. More than 17,000 solar panels are now producing up to 5.75 megawatts of renewable power at the Marlowe site in Berkeley County. One megawatt of solar energy powers a national average of 173 homes, according to the Solar Energy Industries Association. Aerial photos and drone vid

      6/2/25 3:00:00 PM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy Foundation Brightens Communities, Providing More Than $2M to Transformative Nonprofits in First Half of 2025

      Company seeks new FirstEnergy Foundation leader following recent retirement of Lorna Wisham  AKRON, Ohio, May 29, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) announced today that the FirstEnergy Foundation has distributed more than $2 million in the first two quarters of 2025 to support local nonprofits. Organizations were selected based on their ongoing efforts to meet the critical needs of our customers in communities served by the company's electric companies and in areas where the company conducts business. The FirstEnergy Foundation granted nearly $1.1 million to sup

      5/29/25 11:32:00 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • Aerial Saw Tree Trimming Work Begins Along Hard-to-Access Corridors in Northern and Central Pennsylvania

      Saw will trim along high-voltage transmission lines in 16 counties through end of year ERIE, Pa., May 29, 2025 /PRNewswire/ -- Mid-Atlantic Interstate Transmission Company (MAIT), a subsidiary of FirstEnergy Corp. (NYSE:FE), is using a helicopter equipped with an aerial saw to trim trees and ensure proper clearance around more than 400 miles of high-voltage power lines in FirstEnergy Pennsylvania Electric Company's (FE PA) Penelec service area. The work started recently and is expected to be completed by the end of this year. The aerial saw will trim along transmission lines

      5/29/25 9:35:00 AM ET
      $FE
      Electric Utilities: Central
      Utilities

    $FE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Operating Officer Thomas Toby L. was granted 13,643 shares, increasing direct ownership by 107% to 26,346 units (SEC Form 4)

      4 - FIRSTENERGY CORP (0001031296) (Issuer)

      6/4/25 7:47:39 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • President, FE Utilities Smith Allan Wade was granted 19,137 shares, increasing direct ownership by 20% to 117,092 units (SEC Form 4)

      4 - FIRSTENERGY CORP (0001031296) (Issuer)

      6/4/25 7:43:51 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • SVP & CLO Park Hyun was granted 17,371 shares, increasing direct ownership by 26% to 83,905 units (SEC Form 4)

      4 - FIRSTENERGY CORP (0001031296) (Issuer)

      6/3/25 9:59:50 PM ET
      $FE
      Electric Utilities: Central
      Utilities

    $FE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by FirstEnergy Corp.

      SC 13G/A - FIRSTENERGY CORP (0001031296) (Subject)

      11/13/24 12:54:34 PM ET
      $FE
      Electric Utilities: Central
      Utilities
    • Amendment: SEC Form SC 13G/A filed by FirstEnergy Corp.

      SC 13G/A - FIRSTENERGY CORP (0001031296) (Subject)

      10/23/24 7:27:21 PM ET
      $FE
      Electric Utilities: Central
      Utilities
    • SEC Form SC 13G/A filed by FirstEnergy Corp. (Amendment)

      SC 13G/A - FIRSTENERGY CORP (0001031296) (Subject)

      2/13/24 4:55:49 PM ET
      $FE
      Electric Utilities: Central
      Utilities

    $FE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $FE
    Financials

    Live finance-specific insights

    See more
    • FirstEnergy upgraded by BofA Securities with a new price target

      BofA Securities upgraded FirstEnergy from Underperform to Neutral and set a new price target of $45.00

      4/23/25 8:11:54 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy downgraded by Wolfe Research

      Wolfe Research downgraded FirstEnergy from Outperform to Peer Perform

      1/23/25 7:45:09 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy upgraded by Scotiabank with a new price target

      Scotiabank upgraded FirstEnergy from Sector Perform to Sector Outperform and set a new price target of $50.00

      12/12/24 8:55:12 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy Announces First Quarter 2025 Financial Results

      Reports significant improvement in first quarter 2025 GAAP earnings of $0.62 per share and Core Earnings (non-GAAP) of $0.67 per share, versus 2024 GAAP earnings of $0.44 per share and Core Earnings of $0.49 per share On track with 2025 $5 billion investment plan with more than $1 billion in customer-focused capital investments in the first quarter, supporting five-year Energize365 program of $28 billion through 2029 Affirms full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share and 6-8% compounded annual Core Earnings growth rate target from 2025 through 2029 AKRON, Ohio, April 23, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2025 GAAP earnings o

      4/23/25 4:20:00 PM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy to Webcast First Quarter Earnings Teleconference

      AKRON, Ohio, April 2, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) will release financial results for the first quarter of 2025 after markets close on Wednesday, April 23. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 9 a.m. EDT on Thursday, April 24. A question-and-answer session will follow.    Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation slides via FirstEnergy's Investor Information website, www.firstenergycorp.com/ir. The webcas

      4/2/25 11:00:00 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy Corp. Declares Increased Quarterly Common Stock Dividend of $0.445 Per Share

      Represents 2025 annual rate of $1.78 per share, pending continued Board approval; Compares to $1.70 per share in 2024 declared dividends  AKRON, Ohio, March 19, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.445 per share of outstanding common stock payable June 1, 2025, to shareholders of record at the close of business on May 7, 2025. "We are pleased to announce our third dividend increase since September 2023, reflecting our commitment to delivering shareholder value," said Brian X. Tierney, Board Chair,

      3/19/25 4:20:00 PM ET
      $FE
      Electric Utilities: Central
      Utilities

    $FE
    Leadership Updates

    Live Leadership Updates

    See more
    • FirstEnergy Holds 2025 Annual Meeting

      Board Chair, President and CEO Brian X. Tierney highlights company's progress Preliminary voting results announced AKRON, Ohio, May 21, 2025 /PRNewswire/ -- In his address at the FirstEnergy Corp. (NYSE:FE) 2025 Annual Meeting of Shareholders today, Board Chair, President and Chief Executive Officer Brian X. Tierney said FirstEnergy has made significant progress toward its goal of becoming a premier electric company. "This is a new FirstEnergy – optimized for performance, growth and financial strength, to deliver value to our investors and superior service to the 6 million cus

      5/21/25 9:48:00 AM ET
      $FE
      Electric Utilities: Central
      Utilities
    • FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Information Session for Prospective Bidders on Wednesday, May 7, 2025

      CRA International, Inc. (NASDAQ:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE:FE) Ohio subsidiaries – Ohio Edison, The Illuminating Company and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for June 24, 2025. The bidding process will use a descending-price clock auction format. The auction will be managed by the Auction Manager, CRA International, Inc. The auction is being conducted pursuant to approval from the Public Utilities Commission of Ohio

      4/29/25 8:30:00 AM ET
      $CRAI
      $FE
      Other Consumer Services
      Consumer Discretionary
      Electric Utilities: Central
      Utilities
    • FirstEnergy Names Executives to Support Transmission Business, West Virginia/Maryland and New Jersey

      Key leadership positions align with core business model focused on enhancing system investments and customer experience at the local level AKRON, Ohio, April 21, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) has announced the appointment of four new executives to support the company's transmission business, operations and generation in its combined West Virginia/Maryland division and operations in New Jersey. Satvir Deol has been named Vice President, Transmission Operations, effective April 21, reporting to Mark Mroczynski, President, Transmission. He will oversee transmis

      4/21/25 11:30:00 AM ET
      $FE
      Electric Utilities: Central
      Utilities