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Monday, October 28, 2024

Polaris Indicators VPPA with Enel for Fence Put up Photo voltaic + Storage






Enel North America and Polaris have introduced the beginning of operations at Enel’s Fence Put up photo voltaic + storage, a 297 MW PV and 86 MW storage system mission positioned in Navarro County, Texas. 

The mission is supported by a 12-year VPPA. Polaris will buy the electrical energy and related RECs generated by a 22 MW portion of Fence Put up Photo voltaic, matching roughly 40% of the corporate’s U.S. electrical use.

“Polaris shares Enel’s mission to convey extra clear power onto the grid,” says Stephen Pike, head of Enel North America’s renewable power manufacturing enterprise, Enel Inexperienced Energy North America. “Throughout all sectors, leaders like Polaris are stepping as much as safe the financial and environmental advantages of renewable power. Enel provides the clear and versatile options companies have to advance their sustainability targets.”

The photo voltaic mission started operations in December, whereas the battery storage system is full and present process closing commissioning. 

Coho Local weather Advisors suggested Polaris on this VPPA and supported the corporate in its mission choice, evaluation, negotiations and deal execution.








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