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Correlate Energy Corp. (CIPI) Riding the Energy Transition Wave as More Companies in the U.S. Move to Electrification
February 7, 2024

Correlate Energy Corp. (CIPI) Riding the Energy Transition Wave as More Companies in the U.S. Move to Electrification

  • Correlate Energy, a publicly traded distributed energy solutions company, is looking to position itself as the go-to company as America continues transitioning to renewables and electrification
  • With the USPS announcing a $40 billion investment strategy to upgrade and improve its operations, including a major addition of EVs and charging stations, other players are following suit
  • Through its three-pronged strategy – sell, retain, and acquire – Correlate anticipates a spike in demand for its products and services that offer companies a strong economic motivation to enhance energy efficiency

Correlate Energy (OTCQB: CIPI), a publicly traded company is capitalizing on America’s growing trend toward renewables and increased energy efficiency. As such, it is positioning itself as the one-stop go-to company, for companies seeking more significant participation in renewables, cost savings, and an overall reduction in their carbon footprint. Most recently, corporations such as Continental Envelope and American Tire Distributors (“ATD”) have signed on for Correlate’s energy offerings (https://ibn.fm/6Zkhb).

Correlate anticipates continued growth in demand for its products and services, encouraged by recent announcements of major investments in operational and energy efficiency and electrification. This includes the United States Postal Service (“USPS”) announcement of a $40 billion investment strategy to upgrade and improve its processing, transportation, and delivery networks to reduce costs, slash its carbon footprint, and minimize waste. To this effect, it unveiled its first set of electric vehicle (“EV”) charging stations at its South Atlanta Sorting and Delivery Center (“S&DC”), with additional charging stations set to be installed at hundreds of new S&DCs across the country (https://ibn.fm/lKynl).

“The improvements we need to achieve in sustainability are an integral outgrowth of the broader modernization efforts we have undertaken through our 10-year Delivering for America plan,” noted Postmaster General Louis DeJoy. “As we transform our operating processes and invest in automation, new technologies, and upgraded facilities and vehicles, we will generate significant efficiencies that reduce our costs, slash our carbon footprint, and minimize waste,” he added.

USPS isn’t the only company in the U.S. that has resorted to renewable energy sources and the electrification of their fleets. FedEx, UPS, and DHL have also begun the shift, mainly influenced by mandates for federal fleets to transition to electric vehicles by 2035 (https://ibn.fm/sN0Ec).

The company continues to finance, develop, and sell localized green energy solutions and microgrids to industrial, commercial, and residential customers, and plans to retain ownership of some of these energy systems, guaranteeing its ongoing, reliable cash flow. It has also aggressively pushed to acquire proven renewable energy companies, expanding its influence in the market.

For more information, visit the company’s website at www.Correlate.Energy, including the following:

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

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