Opdenergy has closed a new Renewable Energy Purchase Agreement (REPA) in the United States with AEP Energy, a subsidiary of American Electric Power.
Under this 15-year power purchase agreement, Opdenergy will develop a solar PV plant with an installed capacity of 63 MWdc in Clarke County (Virginia). As part of the agreement, AEP Energy will acquire 100% of the energy generated by this project.
Opdenergy expects to reach ready-to-build status in 2023 while the connection to the grid is expected to be fulfilled during H1-2024. Once operational, it will generate close to 112 GWh of clean energy per year.