ENGIE North America acquired a 6 GW portfolio of photo voltaic, paired and stand-alone battery storage growth initiatives from Belltown Power U.S. The transaction consists of 33 initiatives comprising some 2.7 GW of Photo voltaic with 0.7 GW of paired storage and a pair of.6 GW of stand-alone battery storage.
The initiatives are positioned throughout ERCOT, PJM, MISO and WECC1. ENGIE already has a robust place in North America, with 3.9 GW of put in renewable capability at 100% as of June 30, 2022.
“These initiatives are an incredible addition to our present renewables pipeline and can assist to additional speed up ENGIE’s position within the power transition. The combination of photo voltaic, paired and stand-alone storage throughout a large set of geographies each enhances our present portfolio in addition to offers alternatives for enlargement into new areas in america. The three.3 GW of battery storage initiatives shall be a essential enabler of flexibility and helps the steadiness of the grid to enhance its reliability and resilience,” mentioned Dave Carroll, Chief Renewables Officer and Head of ENGIE North America.
Hernan Farace, CEO of Belltown Energy U.S., commented, “We’re very happy with having accomplished this transaction with ENGIE, which marks one other nice milestone within the journey of Belltown as a greenfield developer. The ENGIE staff could be very educated and has the breadth and depth of experience to carry these initiatives into operations. We imagine our initiatives are in wonderful palms and sit up for the ribbon slicing ceremonies at every of those websites.”
Have you ever checked out our YouTube web page?
Now we have a ton video interviews and extra content material on our YouTube web page. Not too long ago we debuted Power Forward! — a collaboration with BayWa r.e. to debate increased degree business matters in addition to finest practices / tendencies for operating a photo voltaic enterprise at the moment.
Our longer operating aspect undertaking is The Pitch — during which we’ve awkward discussions with photo voltaic producers and suppliers about their new expertise and concepts in order that you do not have to. We talk about every little thing from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new dwelling solar + storage microgrids.