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Monday, November 18, 2024

Southern Energy Acquires First Wyoming Photo voltaic Facility


Southern Energy, a wholesale power supplier and subsidiary of Southern Firm, has acquired its thirtieth photo voltaic undertaking — the 150 MW South Cheyenne Photo voltaic Facility — from Qcells USA Corp.

The undertaking, situated in Wyoming, is Southern Energy’s first photo voltaic facility within the state and contributes to the corporate’s rising renewable fleet of unpolluted producing belongings from California to Maine.

Development is underneath method, and the undertaking is predicted to realize industrial operation within the first quarter of 2024.

South Cheyenne was developed by Qcells USA, which can also be offering the engineering, procurement and building of the undertaking, in addition to serving because the module provider. The undertaking is predicted to create roughly 180 jobs throughout peak building.

“We take satisfaction in offering distinctive growth options and fostering a powerful, collaborative partnership for driving renewable power developments,” says Qcells USA President IP Kim. “We’re proud to accomplice with Southern Energy to ship long-term worth to Wyoming prospects by the South Cheyenne Photo voltaic Facility.”

As soon as South Cheyenne is operational, the electrical energy and related renewable power credit generated by the ability will likely be offered underneath a 20-year energy buy settlement.

With the addition of South Cheyenne, Southern Energy’s photo voltaic portfolio consists of greater than 2,740 MW of photo voltaic era. Southern Energy’s photo voltaic services are part of the corporate’s 5,280 MW renewable fleet, which consists of 30 photo voltaic and 15 wind services working or underneath building.

This undertaking aligns with Southern Energy’s general enterprise technique of strengthening its wholesale enterprise by buying and growing producing belongings which can be coated by long-term contracts with counterparties with robust credit score help.

Picture by vecstock

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