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Plenitude Acquires a 81 MW Solar PV Plant in Texas

December 31, 2022
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Plenitude Acquires a 81 MW Solar PV Plant in Texas
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Plenitude Acquires a 81 MW Photo voltaic PV Plant in Texas

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Plenitude, by way of its US subsidiary Eni New Vitality US Inc., has acquired the 81 MW Kellam photovoltaic plant situated in North Texas, 80 km from the Dallas-Fort Value metroplex. The plant, bought by Hanwha Qcells USA Corp., joins the opposite belongings inside Texas and the remainder of the US in Plenitude’s portfolio, which reaches, with this transaction, an put in capability of 878 MW within the U.S. market.

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Hanwha Qcells USA Corp. is the US subsidiary of the Korean Hanwha Group.

The operation was carried out with the help of Novis Renewables, LLC, a partnership between Eni New Vitality US, Inc. and Renantis North America, Inc., which is unique to the US and is devoted to the event of photo voltaic, wind and storage initiatives.

The plant stands on over 150 hectares of land and can promote the power produced to an area energy firm.

Stefano Goberti, CEO of Plenitude, stated “This operation represents an necessary step ahead for the consolidation our Firm’s place within the Texas and US power market and it’ll contribute to the power transition course of undertaken by Eni and to Plenitude’s formidable objectives of attaining carbon neutrality by 2040 and supplying 100% decarbonized power to all its prospects. The event of energy era from renewable sources is crucial for Plenitude’s progress technique, which goals to achieve greater than 6 GW of put in capability worldwide by 2025”.

Plenitude is Eni’s Profit Company integrating the manufacturing of power from 100% renewable sources, the sale of power companies and an in depth community of charging factors for electrical autos. The corporate at the moment provides power to about 10 million European prospects within the retail market and goals to achieve greater than 11 million prospects by 2025 and to put in greater than 30,000 charging factors for electrical mobility. The corporate additionally plans to exceed 15 GW of put in capability by 2030 and obtain carbon neutrality by 2040.

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