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ReVolve Renewable Power Corp ( (TSE:REVV) ) has shared an announcement.
Revolve Renewable Power has obtained a final generation permit from Mexico’s federal energy regulator for its 130 MW El 24 onshore wind project in Tamaulipas, one of only five wind projects nationwide to receive such approval. The permit marks a critical step toward ready-to-build status, significantly reducing development risk and enhancing the project’s bankability, enabling Revolve to move ahead with final engineering, interconnection agreements, and commercial structuring, with RTB targeted for late 2026 and commercial operations in 2028. The company is also evaluating entry of its 400 MW Presa Nueva wind project into Mexico’s new accelerated permitting framework, part of a broader national plan to add nearly 6 GW of private-sector wind and solar capacity by 2030, strengthening Revolve’s position as a key private player in the country’s expanding renewable power market.
The most recent analyst rating on (TSE:REVV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on ReVolve Renewable Power Corp stock, see the TSE:REVV Stock Forecast page.
Spark’s Take on TSE:REVV Stock
According to Spark, TipRanks’ AI Analyst, TSE:REVV is a Neutral.
ReVolve Renewable Power Corp’s overall score is primarily driven by stable technical indicators and an attractive valuation, offset by financial performance challenges, particularly high leverage and inconsistent profitability. Positive corporate events provide an encouraging outlook, but these do not directly influence the score due to weight redistribution.
To see Spark’s full report on TSE:REVV stock, click here.
More about ReVolve Renewable Power Corp
Revolve Renewable Power Corp. is a North American owner, operator and developer of utility-scale renewable energy projects, with a focus on wind and solar generation. The company targets high-resource regions with established grid infrastructure and aims to create value by advancing projects through late-stage permitting and de-risking them for financing, partnerships or potential sale.
Average Trading Volume: 43,996
Technical Sentiment Signal: Sell
Current Market Cap: C$14.25M
Find detailed analytics on REVV stock on TipRanks’ Stock Analysis page.