ENGIE North America Inc. has announced that it has entered into a Power Purchase Agreement (PPA) with Target Corp. for 89 MW of capacity from the Sand Fork Solar Project in Texas.
Slated to come online in the summer of 2021, the Sand Fork Solar Project will have a total capacity of 200 MW. In addition to providing clean, renewable energy, the Project will have a positive economic impact in the local area, namely through local construction jobs and purchases of local goods and services. The remainder of the project’s capacity will be purchased by another corporate customer.
The power purchase agreement has a term of 15 years and is estimated to result in the annual generation of 250,000-megawatt hours, enough energy to power 250,000 U.S homes for more than a month.