The North American Development Bank (NADBank) has signed a US$49.1 million loan for the Zier Solar and Energy Storage Project located in Kinney County, Texas, USA.
During the first year of operation, the 208 MW solar farm and 40 MW/ 80 MWh battery energy storage system (BESS) are anticipated to generate around 414.31 GWh of power, which is equivalent to the annual electricity consumption of 30,286 households.
The BESS is anticipated to deliver up to 13.5 GWh of power annually while storing electricity produced by the solar farm and the Electric Reliability Council of Texas (ERCOT) grid. As a result, it will decrease the dependability of fossil fuel plants and will aid in reducing the discharge of pollutants and greenhouse gases.
The project is anticipated to begin construction in the fall of 2022.
EDF Renewables has announced the completion of the 457 MW Palen solar photovoltaic and 50 MW energy storage project located in Riverside County, California, USA.
Read moreDominion Energy has received approval from the Virginia State Corporation Commission (SCC) for the development of the 2.64 GW Coastal Virginia Offshore Wind (CVOW) project to be constructed 27 miles off the coast of Virginia Beach, USA.
Read moreRevolve Renewable Power Corp. has secured approval for its right of way/variance land application for the development of the 250 MW Parker Solar and Storage Project located in La Paz County, Arizona, USA.
Read moreAvangrid Inc. has announced that it has finalized an agreement to act as an operations and management services provider for the 800 MW Vineyard Wind 1 project located off the coast of Massachusetts, USA
Read moreQuinbrook Infrastructure Partners has earned a 15-year Contract for Difference (CfD) for its 350 MW solar and battery storage project in Kent, UK.
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