RWE Renewables Signs 30-Year PPA With US Utility

Georgia Power To Procure Solar Power From 195.5 MW Broken Spoke PV Project Under 30-Year PPA With RWE Renewables In Georgia, US
06:28 PM (Beijing Time) - 08. November 2019
1525899110326-PNG

Under a 30-year PPA signed with RWE Renewables for the 195.5 MW Georgian solar plant, US utility Georgia Power will procure power generated by this facility from late 2021. (Photo Credit: Georgia Power)

Key Takeaways

  • RWE Renewables has struck a 30-year PPA with Georgia Power in the US to procure solar power from a single project
  • The Mitchell County, Georgia located project will have 195.5 MW capacity on completion along with a 40 MW two-hour battery energy storage device
  • It is expected to start supplying clean power to the Georgia Power grid by late 2021

The renewable energy subsidiary of German utility RWE focused on the Americas, the core markets in Europe and Asia-Pacific region has picked up a power purchase agreement (PPA) with US utility Georgia Power Company for a 195.5 MW (AC) solar PV facility in Georgia, US.

The Broken Spoke Solar Plant in Mitchell County comes with a 40 MW two-hour battery energy storage device which will ‘increase energy delivery during peak demand times and simplify integration of locally produced energy into the Georgia Power grid’ said RWE Renewables’ Head of Asset Commercialization North America, Christoph Hunfeld.

The company plans to deploy more than 650,000 solar panels on some 1,575-acre area.

In the US, RWE Renewables has an installed capacity of 3.3 GW with an additional 1.4 GW of onshore wind and solar PV capacity under construction. “With a development pipeline of more than 10 GW our strategy for renewables in the U.S. is geared to grow. The Broken Spoke Solar plant will mark our first solar facility in Georgia and our largest solar project in the U.S. to date,” shared COO Onshore Wind and Solar PV Americas for RWE Renewables, Silvia Ortin.

A fossil-fuel based utility, RWE is aiming for complete phase-out of these generation sources by 2040 and plans to invest €1.5 billion annually in offshore/onshore wind, solar PV and storage capacity instead. RWE also has secured approval from the European Commission for a complex merger deal with E.ON. It will take over forE.ON’s renewable energy business Innogy giving it an installed capacity of more than 9 GW with an additional 2.6 GW worth of assets under construction (see RWE Aims To Go Carbon Neutral By 2040 Backed By RE).

Earlier this year in February 2019, Georgia Power proposed to procure up to 1 GW of new renewable energy sources as part of its 2019 Integrated Resource Plan (IRP) while suggesting decertification of some of its coal power units and no renewal for some hydro project dams (see US Utility Proposes 1 GW RE Procurement Plan).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Write, follow the author.
Email

Anu Bhambhani