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Released March 31, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--EDP Renewables North America LLC, a subsidiary of Energias de Portugal S.A. (Lisbon, Portugal), announced this week it has placed a multi-year order for 1.8 gigawatts (GW) of advanced, thin-film photovoltaic (PV) solar modules with First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona). The modules, which both companies say will be delivered up to 2028, are to service EDP's growing U.S. renewables portfolio. Industrial Info is tracking about $2.8 billion worth of U.S.-based projects from EDP Renewables that are under construction or slated to begin construction before the end of the year. All but one are solar projects.
Click on the image at right for a graph detailing EDP's active, U.S.-based projects under construction, or scheduled to kick off before the end of 2023, by state.
California and Indiana, the two states that account for nearly half of the total investment value, are hosting EDP projects with multiple phases. The 100-megawatt (MW) Sonrisa Solar Park in Mendota, California, which began construction at the end of last year, is being paired with a 10-MW battery energy-storage system (BESS), which is being built on the same schedule. Both components are slated to finish construction in the first quarter of 2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports on the Sonrisa Solar Park and BESS unit.
"EDP Renewables' ambitious business plan calls for more than 4 GW of renewable capacity annually through 2026, with nearly half of the new clean energy generation to come from North America," said Sandhya Ganapathy, the chief executive officer of EDP's North American subsidiary, in a press release. "Solar is an increasingly important technology in our portfolio."
EDP's 204-MW Indiana Crossroads Windfarm in Chalmers, Indiana, which is the company's only windfarm set to begin construction by the end of the year, is being paired with a solar unit of almost equal capacity. Like the Sonrisa project, it is using photovoltaic (PV) panels from First Solar. Subscribers can read detailed reports on the Indiana Crossroads Windfarm and solar unit.
Texas, which trails only California in its generation of solar energy, is home to EDP's $280 million Cattlemen Solar Plant in Thorndale, where site preparation began in September. The 240-MW facility is expected to use 650,000 of First Solar's thin-film PV panels. The company also is considering a $240 million second phase, which is proposed to add 150 MW via 406,000 panels. EDP expects Phase I to wrap up in the fourth quarter of 2023, at which point Phase II could begin construction, if approved. Subscribers can read detailed project reports on Cattlemen Phase I and Phase II.
"With this strategic agreement, EDP Renewables de-risks its solar pipeline in the U.S. by securing equipment for its expected growth in the utility and distributed generation segments," the company said in a press release announcing its deal with First Solar. "Additionally, this allows EDP Renewables to increase its commitment to local content in the U.S., while also pursuing its strategy of supply chain and technology diversification."
First Solar's U.S.-based manufacturing capacity currently stands at more than 5 GW, which the company expects to more than double by 2025, when it completes its new, $1.1 billion factory in Trinity, Alabama, and a $680 million factory in Perrysburg, Ohio. Subscribers can read detailed reports on the Trinity and Perryburg projects, and click here for a full list of operational First Solar plants across the U.S.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for U.S.-based projects from EDP Renewables that are under construction or slated to begin construction before the end of the year.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing EDP's active, U.S.-based projects under construction, or scheduled to kick off before the end of 2023, by state.California and Indiana, the two states that account for nearly half of the total investment value, are hosting EDP projects with multiple phases. The 100-megawatt (MW) Sonrisa Solar Park in Mendota, California, which began construction at the end of last year, is being paired with a 10-MW battery energy-storage system (BESS), which is being built on the same schedule. Both components are slated to finish construction in the first quarter of 2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports on the Sonrisa Solar Park and BESS unit.
"EDP Renewables' ambitious business plan calls for more than 4 GW of renewable capacity annually through 2026, with nearly half of the new clean energy generation to come from North America," said Sandhya Ganapathy, the chief executive officer of EDP's North American subsidiary, in a press release. "Solar is an increasingly important technology in our portfolio."
EDP's 204-MW Indiana Crossroads Windfarm in Chalmers, Indiana, which is the company's only windfarm set to begin construction by the end of the year, is being paired with a solar unit of almost equal capacity. Like the Sonrisa project, it is using photovoltaic (PV) panels from First Solar. Subscribers can read detailed reports on the Indiana Crossroads Windfarm and solar unit.
Texas, which trails only California in its generation of solar energy, is home to EDP's $280 million Cattlemen Solar Plant in Thorndale, where site preparation began in September. The 240-MW facility is expected to use 650,000 of First Solar's thin-film PV panels. The company also is considering a $240 million second phase, which is proposed to add 150 MW via 406,000 panels. EDP expects Phase I to wrap up in the fourth quarter of 2023, at which point Phase II could begin construction, if approved. Subscribers can read detailed project reports on Cattlemen Phase I and Phase II.
"With this strategic agreement, EDP Renewables de-risks its solar pipeline in the U.S. by securing equipment for its expected growth in the utility and distributed generation segments," the company said in a press release announcing its deal with First Solar. "Additionally, this allows EDP Renewables to increase its commitment to local content in the U.S., while also pursuing its strategy of supply chain and technology diversification."
First Solar's U.S.-based manufacturing capacity currently stands at more than 5 GW, which the company expects to more than double by 2025, when it completes its new, $1.1 billion factory in Trinity, Alabama, and a $680 million factory in Perrysburg, Ohio. Subscribers can read detailed reports on the Trinity and Perryburg projects, and click here for a full list of operational First Solar plants across the U.S.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for U.S.-based projects from EDP Renewables that are under construction or slated to begin construction before the end of the year.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
