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The demand for wind and solar energy has increased steadily over the past few months, and renewables were the second-most prevalent U.S. electricity source last year.
However, CWEN’s shares have lost 5.9% over the past six months and 4.5% so far this year. Its net income has declined significantly in the latest quarter. In addition, the company anticipates lower volumetric sales on a normalized weather basis at the thermal segment through 2021. So, its near-term prospects look uncertain.
