Capital Dynamics acquires 300MW solar project in USA
Capital Dynamics has announced the acquisition of the Eagle Shadow Mountain Solar Project being developed by 8minute Solar Energy. Located near Clark County, Nevada, Eagle Shadow Mountain is the first of two clean energy projects on the site that 8minute is contracted to develop and deploy. The 300 MWac/387 MWdc solar project is slated for completion and opening by the end of 2021.
Located on the Moapa River Indian Reservation, the Eagle Shadow Mountain project is anticipated to generate up to 400 new jobs during the 18-month construction period, with 10 full-time employees working at the plant upon completion. Occupying a remote corner of the Nevada desert, the Moapa River Indian Reservation has a population of less than 250 full-time residents. As with previous projects in the area, the developers will rely heavily on the rich talent pool provided by the Moapa Band of Paiutes—both for building and operating the solar and storage plant.
Upon completion, the Eagle Shadow Mountain project is expected to generate more than 900,000 MWh of clean electricity per year. NV Energy has entered into a long-term power purchase agreement for the municipality’s coverage area of 44,000 square miles with 2.4 million customers.
The acquisition of the Eagle Shadow Mountain project increases the Capital Dynamics CEI global portfolio to approximately 6.1 GWdc of gross power generation, including the addition of 1.3 GWdc of solar generation in 2019. In addition, Capital Dynamics now owns six of the 20 largest solar projects in the United States.
The Eagle Shadow Mountain project will increase 8minute’s national portfolio to over 15 GW of solar PV and storage under development—with 1,500+ MW of utility-scale projects producing power and 3,100+ MW of PPAs executed. The company’s projects have raised US$6 billion of capital since 2015.
Country news
-
-
January 10, 2020
Siemens to supply for the largest offshore wind project in USA
Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred turbine supplier for the 2,640 MW Dominion Energy Virginia Offshore Wind project in the USA. A long-term service and maintenance agreement is included for the site located off the coast of Virginia. The agreement furthermore foresees utilizing turbines from Siemens Gamesa’s Direct Drive offshore wind turbine platform.
Read more -
January 09, 2020
Enel puts into operation 318 MW of solar and wind in USA
Enel Green Power has announced that two of its projects in the USA have come into operation: the first 252 MW phase of 497 MW Roadrunner solar PV project in Upton County, Texas and 66 MW Whitney Hill wind project in Logan County, Illinois.
Read more -
January 08, 2020
Tenaska sells stake in two wind projects in USA totaling 492MW
Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects in USA. The transaction includes the purchase of indirect minority interests in Tenaska Clear Creek Wind, LLC, owner of 242 MW Tenaska Clear Creek Energy Center in Missouri, and Nobles 2 Power Partners, owner of the 250 MW Nobles 2 wind farm in Minnesota. Both projects are under construction and anticipated to be fully operational in 2020.
Read more -
January 02, 2020
690MW solar and storage project nears construction approval
The 690 MW Gemini solar and storage project in Clark County, Nevada is closer to receiving construction approval. The Bureau of Land Management has released the final environmental impact statement for the proposed project.
Read more -
December 27, 2019
PPA and expansion of 450MW onshore wind project in USA
Enel, through its US renewable subsidiary Enel Green Power North America, Inc. (“EGPNA”), has started operations of its 450 MW High Lonesome wind farm in Upton and Crockett Counties, in Texas, the largest operational wind project in the Group’s global renewable portfolio.
Read more
