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Released July 30, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As Enlight Renewable Energy Limited (NASDAQ:ENLT) (Rosh Haayin, Israel) completes the financing for a recently completed solar and energy storage project in New Mexico, the company already plans to increase generation within the solar farm's expanded area.
Enlight has announced that it closed financing on the storage portion of its Atrisco solar and energy storage project near Albuquerque, New Mexico. The move completes the financing and tax equity arrangements for the entire Atrisco project, following the financial close of the solar portion in December. Construction of the solar and storage portions of the project were recently completed, and the facility is in the commissioning phase leading up to a partial commercial operation date. The entire facility is expected to be in operation by the end of this year. The facility features nearly 400 megawatts (MW) of solar power and 1.2 gigawatt-hours of battery energy storage. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.
But Enlight isn't finished developing the area and will expand the Atrisco facility's footprint to include the Quail Ranch solar and energy storage project, featuring 120 MW of solar generation and 400 megawatt-hours of energy storage. Construction is expected to begin in the coming months and is expected to last about a year, putting the Quail Ranch facility on track to begin operations in 2025. Subscribers can learn more by viewing the project report.
Enlight plans to expand even more in the U.S. In comments about the financial closing, Enlight Chief Executive Officer Gilad Yavetz said, "Enlight is embarking on an ambitious and rapid growth plan in the U.S., which is set to become a major market for us in the coming years, complementing the large and growing capacity footprint we have built up in MENA [Middle East-North Africa] and Europe. Atrisco represents another step of this major expansion."
Enlight subsidiary Clenera is just getting started on the Co Bar solar farm in Coconino County, Arizona. The facility will be built in three 160-MW phases, resulting in total generation of 480 MW when completed. The first 160-MW phase is expected to begin operating next year, after construction of Phase II begins, which is expected to enter operations in 2026. The final 160-MW phase is expected to start up in 2027. Subscribers can learn more by viewing the related project reports.
Enlight's U.S. renewable ambitions aren't limited to the southwestern portion of the country. In Indiana, Enlight is developing the Rustic Hills 1 and 2 projects. Each segment of Rustic Hills will provide 128 MW of generation for a combined output of 256 MW. According to Enlight, the projects have completed several milestones, including securing land rights and much of the permitting. The project is expected to begin next year, aiming for completion in 2026. Subscribers can click here to learn more.
One of Enlight's most ambitious renewable energy projects is set for Sussex County, Virginia. The Blackwater solar complex will be built in three phases of 200 MW each. Each phase will include the placement of more than 466,000 ground-mounted solar panels on a single-axis tracking system. The first phase is expected to begin construction next year, followed by the two subsequent phases in 2026 and 2027. If the project goes as expected, the entire 600-MW complex would be in service by 2028. Subscribers can learn more by viewing the related project reports.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
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) 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 over 200,000 current and future projects worth $17.8 trillion (USD).
Enlight has announced that it closed financing on the storage portion of its Atrisco solar and energy storage project near Albuquerque, New Mexico. The move completes the financing and tax equity arrangements for the entire Atrisco project, following the financial close of the solar portion in December. Construction of the solar and storage portions of the project were recently completed, and the facility is in the commissioning phase leading up to a partial commercial operation date. The entire facility is expected to be in operation by the end of this year. The facility features nearly 400 megawatts (MW) of solar power and 1.2 gigawatt-hours of battery energy storage. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.
But Enlight isn't finished developing the area and will expand the Atrisco facility's footprint to include the Quail Ranch solar and energy storage project, featuring 120 MW of solar generation and 400 megawatt-hours of energy storage. Construction is expected to begin in the coming months and is expected to last about a year, putting the Quail Ranch facility on track to begin operations in 2025. Subscribers can learn more by viewing the project report.
Enlight plans to expand even more in the U.S. In comments about the financial closing, Enlight Chief Executive Officer Gilad Yavetz said, "Enlight is embarking on an ambitious and rapid growth plan in the U.S., which is set to become a major market for us in the coming years, complementing the large and growing capacity footprint we have built up in MENA [Middle East-North Africa] and Europe. Atrisco represents another step of this major expansion."
Enlight subsidiary Clenera is just getting started on the Co Bar solar farm in Coconino County, Arizona. The facility will be built in three 160-MW phases, resulting in total generation of 480 MW when completed. The first 160-MW phase is expected to begin operating next year, after construction of Phase II begins, which is expected to enter operations in 2026. The final 160-MW phase is expected to start up in 2027. Subscribers can learn more by viewing the related project reports.
Enlight's U.S. renewable ambitions aren't limited to the southwestern portion of the country. In Indiana, Enlight is developing the Rustic Hills 1 and 2 projects. Each segment of Rustic Hills will provide 128 MW of generation for a combined output of 256 MW. According to Enlight, the projects have completed several milestones, including securing land rights and much of the permitting. The project is expected to begin next year, aiming for completion in 2026. Subscribers can click here to learn more.
One of Enlight's most ambitious renewable energy projects is set for Sussex County, Virginia. The Blackwater solar complex will be built in three phases of 200 MW each. Each phase will include the placement of more than 466,000 ground-mounted solar panels on a single-axis tracking system. The first phase is expected to begin construction next year, followed by the two subsequent phases in 2026 and 2027. If the project goes as expected, the entire 600-MW complex would be in service by 2028. Subscribers can learn more by viewing the related project reports.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of the projects discussed in this article and click here for the related plant profiles.
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) 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 over 200,000 current and future projects worth $17.8 trillion (USD).