The company plans to add 300 MW of production capacity immediately and targets 1 GW of annual production expansion by 2024.
The company announced the acquisition of projects across the ERCOT, PJM, MISO, and WECC territories.
ERCOT’s pilot project, designed in less than a year, will support grid reliability and is expected to be ongoing. Some other grid operators have already launched or announced similar programs.
The company has a 10 GW active project pipeline, largely in Texas, and 11 years of history.
Grid operator SPP is in discussions with Amazon Web Services about using AI to speed interconnection studies for utility-scale solar. A NextEra executive is bringing the idea to other grid operators.
More than half the activity is taking place in Texas, according to Wood Mackenzie analysis.
Construction begins on EDP Renewables’ first solar park in Texas and will soon be the largest operational solar park in the company’s North American portfolio.
Also on the rise: Transfer payments vs tax equity, a utility-scale analysis. Solar energy to help McDonald’s meet sustainability goals. And more.
EDF Renewables signs 15-year PPA for enough low-carbon energy to meet the consumption of over 1,200 U.S. McDonald’s restaurants.
Also on the rise: Bi-directional charging approved for Nissan LEAF in the U.S. PVH to open solar tracker manufacturing plant in Texas. And more.
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