Energy

AVANGRID Intends to Invest in Solar Trackers of Partner ATI

AVANGRID

AVANGRID (a member of the Iberdrola Group), a sustainable energy company, has recently announced its intent to invest in solar trackers from Array Technologies (ATI), enhancing their partnership to the next level.

Through the equipment with safe harbor inventory and solar trackers, AVANGRID plans to construct a 321 MW True North solar array farm in Falls County, Texas, strengthening the State’s clean energy output.

Array Technologies is a trusted supplier of green energy equipment to AVANGRID and the Iberdrola Group, and this purchase is an additional step to their partnership. This partnership will continue to grow as AVANGRID expands its portfolio of a sustainable energy company in the U.S. This agreement was crucial to the final investment decision for the construction and expect to complete in 2024.     

AVANGRID’s CEO, Pedro Azagra said, “We are very proud to announce this collaboration with Albuquerque, New Mexico based Array Technologies.” He added, “Projects like True North are crucial to decarbonization and will help the country reach its ambitious clean energy goals and help New Mexico grow industrial green energy jobs.”

(Source – Business Wire)

Array Technologies’ CEO, Kevin Hostetler said, “Array is honored to supply our industry leading DuraTrack solar trackers to AVANGRID for the True North solar farm.” He added, “Our durable and low maintenance trackers will help provide clean renewable energy for the Texas grid, ensuring the local community has reliable power for years to come.”

(Source – Business Wire)

About AVANGRID

Headquartered in Orange, Connecticut, AVANGRID, a sustainable energy solutions provider, offers services for electric distribution, utilities, gas distribution, electric transmission, renewable energy, onshore wind, and offshore wind. Its primary businesses are Avangrid Networks, serving electric and natural gas customers in the Northeast, and Avangrid Renewables, offering onshore and offshore renewable energy solutions in the U.S. With its ESG+F framework and the UN Sustainable Development Goals, it strives for diversity, equity and inclusion. JUST Capital has recognized its contribution to the environment and community well-being. The Ethisphere Institute named it one of the World’s Most Ethical Companies for three years. 
 

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