Hoping to create a one-stop-shop solution for renewable energy projects, the deal adds 32.5 GW of solar assets across 50 countries to Stem’s existing software services platform.
The three projects add 287 MW of solar energy to the Peach State, and bring the capacity of projects supporting Meta’s (Facebook) operations to 435 MW.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The company’s first battery system factory on the East Coast is expected to produce multiple gigawatt hours of annual battery capacity and create more than 200 new jobs.
The facility will be expanded to process 35,000 tons of “black mass” annually, enough material for 225,000 electric vehicles.
The solar installations are planned to be located on Weyerhaeuser property in the southeastern United States.
The 200 MW Martin County Solar Project will be constructed on 1,200 acres of the former Martiki coal mine site, and construction is set to employ displaced coal workers.
The 80 MW Elektron Solar project is set to provide electricity to three municipal governments, one university, and two ski resorts when it reaches operation in 2023.
The company currently has a manufacturing capacity of 110 MW, which is planned for expansion to 1 GW by 2023.
The University of Hawaii at Manoa’s Dr. Matthias Fripp has released a white paper outlining what different land use scenarios would mean for the island in terms of land availability, total electric generation costs, and the overall design of the electric system on Oahu.
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