Apex Clean Energy | January 31, 2023
On January 30, 2023, Apex Clean Energy signed an Environmental Attribute Purchase Agreement (EAPA) with Meta to generate total renewable energy in the Angelo Solar Project with a 195 MW facility, supporting the regional operations in Tom Green County (Texas).
The Angelo Solar Project will generate around $31.7 million in tax revenue for the local community, approximately $22 million in landowner payments, and about 400 jobs during construction, with commercial operations expected in early 2024.
The other earlier declared transactions would continue to manifest between Apex and Meta, like an 80 MW EAPA with Altavista Solar, 197 MW with Jayhawk Wind, 175 MW with Lincoln Land Wind, 200 MW with Aviator Wind East, and 225 MW with Great Pathfinder Wind, along with this agreement.
President and CEO of Apex Clean Energy, Mark Goodwin, said, “The success of our company and our mission, to accelerate the shift to clean energy, relies on partnerships with first movers like Meta that have set ambitious standards driving the energy transition. He added, “As we advance our sixth project alongside Meta, this portfolio, now totaling more than a gigawatt, represents a diverse set of best-in-class wind and solar projects in markets across the United States.”
(Source – Business Wire)
Urvi Parekh, Head of Renewable Energy at Meta, said, “We appreciate Apex’s partnership in helping us bring a total of one gigawatt of new renewable energy to the grid across Texas, Virginia, Illinois, Kansas, and Iowa.” She added, “This new solar project will support our commitment to 100% renewable energy and will help bring jobs and investment to the local community.”
(Source – Business Wire)
About Apex Clean Energy
Apex Clean Energy generates clean energy with a diverse portfolio of about 40 gigawatts. At its headquarters in Charlottesville (Virginia) and nationwide, 400 specialists are working on its projects. Its renewable frontiers are wind, solar, storage facilities, distributed energy resources, and green fuel technologies in North America. Established in 2009 as a modest start-up, the company has grown into a successful business that encourages employee initiative and autonomy.
Advanced Power | January 24, 2023
On January 23, 2023, Advanced Power confirmed that the Cutlass Solar project has reached full commercial operation, and is now supplying reliable, renewable energy to the Greater Houston area. The finished project is a 140-Megawatt (MW) DC photovoltaic solar generating facility that began providing power to the ERCOT system in July 2022.
The announcement marks the complete transition from building and testing to full commercial operations. Advanced Power will continue to serve as the facility's asset manager, while SOLV Energy will operate it. The facility is owned by Advanced Power and its co-investors, Fuyo General Lease Co., Ltd. and ENEOS Corporation. Bechtel, a company experienced in designing and implementing complex power projects for over 60 years, oversaw the facility's procurement, engineering, and construction.
Collin Brown, Vice President of Development at Advanced Power, shared, "Cutlass Solar exemplifies Advanced Power's continuing growth as a global developer, manager, and owner of modern power infrastructure. We are committed to bringing reliable power to growing areas that need it, such as Greater Houston." He added, "We are equally pleased to be contributing to the community through tax revenues to support the county and local schools."
(Source – PR Newswire)
Cutlass Solar is situated on 700-acre land in Fort Bend County, Texas, approximately 40 miles southwest of Houston. It is Advanced Power's first operational project in the comprehensive 8-Gigawatt low-carbon and renewable development pipeline within the United States. Other projects in the ERCOT pipeline include Alina Energy, Elio Energy, Eldora Energy, Oriana Solar, and Talitha Energy.
About Advanced Power
Massachusetts-based Advanced Power is a privately owned organization that develops, owns, and manages infrastructure projects for power generation across Europe and North America. By leveraging its skills in asset management, financial structuring, and development, the company is moving closer to its underlying goal of significantly lowering global emissions. The organization has prevented over 9.5 million metric tons of CO2 emissions, provided more than 18 million megawatt hours of clean energy, delivered more than 2.6 million homes with power, and raised more than $5 billion in equity and debt financing to date.
Longroad Energy | January 23, 2023
Longroad Energy, a renewable energy owner, developer, and operator, recently announced the completion of financing and the start of construction for Sun Streams 3, a 285 MWdc PV and 215 MWac / 860 MWh storage project based in Maricopa County, Arizona. The biggest solar and storage project in Longroad's operational portfolio, Sun Streams 3, is anticipated to start commercial operations in 2024.
The project connects to the grid at the Hassayampa switchyard, a notable transmission hub in the western United States. Sun Streams 3 will increase Arizona's electrical capacity and system reliability. Arizona Public Service (APS) will also purchase the project's entire output, sufficient to power 90,000 homes, through a long-term Power Purchase Agreement.
Early in 2021, Longroad bought Sun Streams 3 from First Solar as part of a larger deal involving several Arizona projects, such as the 200 MWdc Sun Streams 2 solar project, operational since 2021, and additional projects that are still under development. First Solar continues its successful partnership by providing Series 6+ solar modules to Longroad for the Sun Streams 3 project. The project is expected to commission more than 300 people during construction.
The project's EPC (engineering, procurement and construction) contractor will be McCarthy Building Companies, with Powin, an energy storage platform provider, delivering the 215 MW/ 860 MWh battery energy storage system (BESS). In addition, the project will use trackers from Nextracker and solar inverters from SunGrow. Longroad's affiliate Longroad Energy Services, along with Powin and NovaSource, will offer comprehensive operations and maintenance services for the project.
Sun Streams 3 will prevent 460,000 metric tonnes of CO2 emissions each year, the same as taking 100,000 cars off the road for the project's duration.
Through long-term leases with the Arizona State Land Department, Sun Streams 3 will bring in more than $65 million for Arizona schools. Longroad expresses gratitude to Maricopa County and the Arizona State Land Department for their ongoing assistance and cooperation in the planning and execution of the Sun Streams projects.
About Longroad Energy
Based in Boston, Massachusetts, Longroad Energy is a renewable energy developer that owns, develops, and operates wind and solar energy projects across North America. Additionally, the company provides asset management and operations services to wind and solar projects across the US, having a proven track record of developing cost-effective and competitive renewable energy projects. Longroad owns more than 2.4 GW of wind, solar, and storage projects, managing and operating a total of 4.0 GW on behalf of third parties and the company itself.