Engie Adds Belltown's Solar, Battery Assets to U.S. Portfolio

October 28, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Engie S.A. (Paris, France) continues to expand its role in the North American renewables market. Engie's North American subsidiary recently acquired 33 active projects from Belltown Power (London, England), including 2.7 gigawatts (GW) of solar and 2.6 GW of stand-alone battery storage. The solar projects are paired with 700,000 megawatts (MW) of battery storage, and all projects to be purchased are in various phases of development.

Industrial Info is tracking more than $5 billion worth of active Engie projects in the U.S. alone. While most of Belltown Power's active projects are in the U.K., its U.S. subsidiary has proposed several projects in Texas. Engie already has 3.9 GW of installed, fully operational renewable capacity in the U.S. and Canada.

Other companies featured: SunPower Corporation (NASDAQ:SPWR), Sungrow Power, Canadian Solar Incorporated (NASDAQ:CSIQ), General Electric (NYSE:GE) and Competitive Power Ventures Incorporated