EDF Renewables signs PPA with BASF for Texas solar project Email
Chemicals company BASF has signed a power purchase agreement (PPA) with EDF Renewables North America to acquire 55MWac/73MWdc of energy from a solar plant in Texas, US.
The Space City Solar project will be located in Wharton County, Texas, and will use bifacial solar PV modules. The Louise Independent School District, which is leasing land for the project’s development, could earn US$1.8 million in tax revenue in the project’s first year of operation if the district enacts a state-specific tax relief clause by the end of 2020. The project is also expected to create US$30 million in tax revenue for Wharton County entities.
US ROUND-UP: Shoals IPO raises billions; Sunnova claims industry-first solar financing package pv-tech.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-tech.org Daily Mail and Mail on Sunday newspapers.
Two new wind farms are now online and generating electricity for NIPSCO, the company announced Monday.Â
The Indiana-based projects â Rosewater Wind in White County and Jordan Creek Wind in Benton and Warren counties â are generating enough electricity to power 125,000 homes, according to NIPSCO. We are excited to welcome these wind assets to our generating portfolio, NIPSCO President Mike Hooper said in the company s announcement.
He said the projects were the first to be completed in the company s Your Energy, Your Future plan, which sets the goal of being coal-free by 2028 through the addition of cleaner energy sources to its existing portfolio of natural gas and hydroelectric generation. NIPSCO says the transition will save customers $4 billion over the long term.
NIPSCO Advances Its Cost-Saving Electric Generation Transition Plan With Completion Of First Two Renewable Projects kpcnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kpcnews.com Daily Mail and Mail on Sunday newspapers.