EE North America, the U.S. project development business of European Energy A/S, partnered with Elio Energy Group to co-develop a three-year, 2 GW utility solar and energy storage portfolio in Arizona and around the Southwest.
Formed earlier this year by Copenhagen, Denmark-based European Energy, EE North America is developing a 10 GW project portfolio of solar, storage and wind projects in the U.S. through 2026, with Arizona representing 20% of its project pipeline.
European Energy has a 40 GW global project development pipeline with solar projects in 19 countries and wind farms in 14 countries in Europe and Latin America. The company holds a majority interest in ten affiliated companies developing solar and storage projects in Massachusetts, Maine, Delaware and Texas, among other states, according to its 2021 annual report.
Elio Energy Group is an Austin, Texas-based greenfield project developer whose management team led by Davin Mehta is developing 2.5 GW of solar and storage projects in Texas, Arizona, North Carolina and South Carolina, with a 6 GW long-term pipeline. The team’s recent project, Pflugerville Solar Farm (144 MW) in Travis County, Texas, was acquired in January 2021 by Duke Energy Renewables from Canadian Solar company Recurrent Energy.
This portfolio will bolster Arizona’s already strong solar standing, which, according to SEIA, Arizona ranks fifth in U.S. solar deployments with 5.98 GW of current project installations as of September 8, while the state ranks sixth in the country for jobs, with 8,278 employees currently working in the Arizona solar industry.
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