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Released October 13, 2023 | sugar land
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Researched by Industrial Info Resources (Sugar Land, Texas)--Origis Energy (Miami, Florida) said Wednesday that it has commenced construction on another solar-plus-storage project in Mississippi, which adds to two Origis solar-plus-storage projects also underway in the state. The three projects have a combined capacity of 550 megawatts (MW) of alternating current (AC) solar power and 150 MW of battery storage. Industrial Info is tracking $3.8 billion in renewable-generation project activity in Mississippi, and about 25% of the spend is attributed to the aforementioned projects.
The Optimist project in Clay County will utilize photovoltaic (PV) solar panels on a single-axis tracking system for 200 MW of AC power. Solar inverters convert direct-current (DC) power, which is what a solar panel generates, to AC power, which the electrical grid uses, according to the U.S. Department of Energy. A battery energy storage system (BESS) addition will be able to provide 50 MW of energy when the sun isn't shining. The project, which has a combined investment value of $265 million, has a projected completion date in mid-2025.
Meanwhile, Golden Triangle II and Golden Triangle I are expected to wrap up in spring and summer 2024, respectively, and provide a combined 350 MW of AC power and 100 MW of BESS capacity. Located in Lowndes County, in the far eastern part of the state, the projects have a combined investment value of $785 million. Renewable Energy Systems (Broomfield, Colorado) is providing construction services for all three projects and Mitsubishi Power Americas Incorporated (Lake Mary, Florida) is providing the BESS equipment.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read the related project reports.
According to an October 11 press release, the projects have power purchase agreements (PPA) in place with Tennessee Valley Authority (TVA) (Knoxville, Tennessee).
Origis has said the projects' combined portfolio of 700 MW represents the state's largest solar-plus-storage deployments to date.
"By helping companies meet their renewable goals, it becomes very attractive to locate or expand in Mississippi," said Johan Vanhee, chief commercial and procurement officer of Origis Energy.
Mississippi, unlike some other U.S. states, does not have renewable portfolio standards (RPS), which aim for a partial or total use of renewable energy by a specific date.
However, the state is still home to related project activity. The renewables arm of Energias du Portugal (EDP) (Lisbon, Portugal) is at work on the 175-MW, $235 million Pearl River solar plant in Ludlow. Upon its expected completion by the end of 2024, it would be the state's largest solar plant by generation capacity. Subscribers can read the detailed project report.
Another project underway is the construction of Pine Gate Renewables LLC's (Asheville, North Carolina) $80 million Cane Creek solar plant in Pachuta, which will feature 150 MW of solar generation. Engineering, procurement and construction (EPC) contractor Blue Ridge Power (Asheville) is expected to wrap up the project by the end of the year. Click here for the project report.
Also expected to wrap up next year is the state's first utility-scale windfarm: AES Corporation's (NYSE:AES) (Arlington, Virginia) $200 million Delta Windfarm in Tunica, which will provide approximately 200 MW of power. It will be built on more than 10,000 acres of agricultural land, and the site will continue to be used for farming rice, soybeans, corn and wheat under and around the turbines. The wind turbine power plant will help power Amazon.com Incorporated's (NASDAQ:AMZN) (Seattle, Washington) operations in the state. Click here to read more information on the project.
Subscribers to the Power GMI database can click here for all project reports mentioned in this article and click here for 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).
The Optimist project in Clay County will utilize photovoltaic (PV) solar panels on a single-axis tracking system for 200 MW of AC power. Solar inverters convert direct-current (DC) power, which is what a solar panel generates, to AC power, which the electrical grid uses, according to the U.S. Department of Energy. A battery energy storage system (BESS) addition will be able to provide 50 MW of energy when the sun isn't shining. The project, which has a combined investment value of $265 million, has a projected completion date in mid-2025.
Meanwhile, Golden Triangle II and Golden Triangle I are expected to wrap up in spring and summer 2024, respectively, and provide a combined 350 MW of AC power and 100 MW of BESS capacity. Located in Lowndes County, in the far eastern part of the state, the projects have a combined investment value of $785 million. Renewable Energy Systems (Broomfield, Colorado) is providing construction services for all three projects and Mitsubishi Power Americas Incorporated (Lake Mary, Florida) is providing the BESS equipment.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read the related project reports.
According to an October 11 press release, the projects have power purchase agreements (PPA) in place with Tennessee Valley Authority (TVA) (Knoxville, Tennessee).
Origis has said the projects' combined portfolio of 700 MW represents the state's largest solar-plus-storage deployments to date.
"By helping companies meet their renewable goals, it becomes very attractive to locate or expand in Mississippi," said Johan Vanhee, chief commercial and procurement officer of Origis Energy.
Mississippi, unlike some other U.S. states, does not have renewable portfolio standards (RPS), which aim for a partial or total use of renewable energy by a specific date.
However, the state is still home to related project activity. The renewables arm of Energias du Portugal (EDP) (Lisbon, Portugal) is at work on the 175-MW, $235 million Pearl River solar plant in Ludlow. Upon its expected completion by the end of 2024, it would be the state's largest solar plant by generation capacity. Subscribers can read the detailed project report.
Another project underway is the construction of Pine Gate Renewables LLC's (Asheville, North Carolina) $80 million Cane Creek solar plant in Pachuta, which will feature 150 MW of solar generation. Engineering, procurement and construction (EPC) contractor Blue Ridge Power (Asheville) is expected to wrap up the project by the end of the year. Click here for the project report.
Also expected to wrap up next year is the state's first utility-scale windfarm: AES Corporation's (NYSE:AES) (Arlington, Virginia) $200 million Delta Windfarm in Tunica, which will provide approximately 200 MW of power. It will be built on more than 10,000 acres of agricultural land, and the site will continue to be used for farming rice, soybeans, corn and wheat under and around the turbines. The wind turbine power plant will help power Amazon.com Incorporated's (NASDAQ:AMZN) (Seattle, Washington) operations in the state. Click here to read more information on the project.
Subscribers to the Power GMI database can click here for all project reports mentioned in this article and click here for 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).
