About 439MW of solar will soon be under construction in Morehouse Parish, Louisiana, more than doubling the state’s solar capacity to date.
Financing for both projects was facilitated by power purchase agreements. For the Arkansas project, the agreement is with Conway Corp. and for the Louisiana project the agreement is with McDonald’s and eBay.
Magnetar Capital was the lead investor and will name two new members to PosiGen’s board of directors.
The solar facilities will be built by D.E. Shaw Renewable Investments under power purchase or build transfer agreements.
Energy Vault signed a $520 million deal to supply 1.6 GWh of energy storage to DG Fuels to produce renewable hydrogen and a variety of fuels.
The Louisiana project is expected to create 170 permanent jobs and represents Air Products’ largest-ever investment in the U.S.
The Chalkley Solar Project has raised the ire of Calcasieu Parish who are worried about the project’s size, appearance, and environmental impact.
Entergy estimated that Ida damaged 30,000 utility poles, nearly as many as the combined effects of Hurricanes Katrina in 2005 and Laura in 2020.
The projects span seven states and total 38.3 MW in capacity.
The 12 self-contained solar power stations include 30 solar panels that provide 11,400W, along with an inverter and battery pack that provides up to 27,000 watt-hours of electricity.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.