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Charah Solutions, Inc. (CHRA) delivers essential environmental services to the energy sector, specializing in ash management, byproduct recycling, and power plant remediation. This news hub provides investors and industry professionals with authoritative updates on the company’s operational milestones and regulatory compliance efforts.
Access verified press releases and announcements covering CHRA’s environmental solutions for coal-fired and nuclear power facilities. The curated collection includes updates on ash pond closure projects, recycling innovations, and maintenance service contracts with utilities. Users will find timely information on safety protocol enhancements and sustainability initiatives critical to the power generation industry.
This resource serves as a centralized reference for tracking CHRA’s progress in transforming industrial byproducts into reusable materials while maintaining strict environmental standards. Regular updates ensure stakeholders stay informed about the company’s role in enabling cleaner energy operations through advanced remediation technologies.
Bookmark this page for direct access to CHRA’s official communications, including strategic partnerships and operational developments. Check back frequently for unedited news reflecting the company’s commitment to environmentally responsible power generation support services.
Charah Solutions has secured a 7-year contract extension to manage flue gas desulfurization (FGD) operations at the Miami Fort Power Plant in Ohio, extending operations through the plant's expected retirement in 2027. The company has been operating the FGD since 2018, providing crucial services like limestone management and wastewater treatment, ensuring that 100% of gypsum produced is beneficially used in manufacturing. This contract reinforces Charah's commitment to sustainability and operational excellence within the power generation sector.
Charah Solutions (NYSE:CHRA) has secured a three-year contract extension with Luminant to manage landfill and ash pond operations at its Miami Fort and Zimmer Power Plants in Ohio, handling approximately 180,000 tons of ash annually. Additionally, Charah will recycle and sell 400,000 tons of fly ash each year for use in Portland cement. This extension is part of Charah's commitment to sustainability and reducing landfill waste while providing high-quality materials to concrete producers through its MultiSource network.
Charah Solutions (NYSE: CHRA) reported a record $715 million in new business awards for 2020, a 66% increase from 2019, signaling robust growth. Despite a net loss of $36.2 million in Q4 2020 and $60.4 million for the year, management indicates improving momentum with nearly $1 billion in pending bids converted into long-term contracts. The company has launched its inaugural ESG report, reinforcing its commitment to sustainability. New technology, rebranded as EnviroSource, aims to enhance fly ash quality and reduce the environmental impact of concrete production.
Charah Solutions (NYSE:CHRA) has announced a conference call on March 25, 2021, at 8:30 a.m. ET to discuss its fourth quarter 2020 financial results. Participants can register for the call through a provided link or listen via the Company's Investor Relations webpage. A replay will be available post-call. With over 30 years of experience, Charah Solutions specializes in environmental services for the power generation industry, including ash byproduct management and recycling, aimed at reducing greenhouse gas emissions.
Charah Solutions (NYSE:CHRA) has secured a 5-year ash marketing contract with NV Energy to manage the sale of fly ash from the North Valmy Generating Station in Nevada. The contract aims to utilize fly ash in the ready mix concrete market, replacing Portland cement, and is expected to reduce CO2 emissions. Charah Solutions will distribute the material via its MultiSource® network, reinforcing its sustainability commitments. This partnership enhances Charah’s role in environmentally-conscious solutions while meeting market demand.
Charah Solutions has secured two long-term contracts for ash pond closure from a Southeastern utility, totaling approximately 22 million cubic yards of ponded ash. The first project involves excavating 16.5 million cubic yards over 16 years, while the second focuses on 5.5 million cubic yards over 8 years. Both projects include constructing lined landfills, with operations beginning in March 2021. Charah’s President emphasized their expertise in managing environmental compliance throughout the projects.
Charah Solutions (NYSE:CHRA) has successfully acquired the Gibbons Creek Steam Electric Station from Texas Municipal Power Agency (TMPA) to begin remediation and redevelopment efforts. This 6,166-acre property includes a decommissioned coal plant and a 3,500-acre reservoir. Charah's subsidiary will oversee environmental remediation, aiming to transform the site into economically beneficial uses, including solar and energy storage projects. The redevelopment is planned to be completed within 36 months, promoting local job creation and supporting the tax base.
Charah Solutions (NYSE:CHRA) has secured a marketing contract with Dominion Energy for the recycling of up to 8.1 million tons of coal ash from Chesterfield Power Station, Virginia. This initiative, mandated by Virginia legislation, aims to recycle coal ash for use in Portland cement production over the next 10+ years. The project supports sustainability by decreasing carbon emissions and repurposing waste materials. Charah will establish processing and transportation infrastructure to facilitate this transition, enhancing its MultiSource distribution network for cement markets.
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