ENGIE Acquires 6 GW Solar and Battery Storage Capacity in the US

Acquisitions comprise 33 early to late-stage projects from Belltown Power U.S.

thumbnail

France-based energy firm ENGIE has acquired a 6 GW portfolio of solar, paired storage, and standalone battery storage capacity from Belltown Power to add to its development pipeline in the U.S.

These projects consist of approximately 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of standalone battery storage.

The projects are located across the Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO), Pennsylvania-New Jersey-Maryland Interconnection (PJM), and Western Electricity Coordinating Council (WECO).

In North America, ENGIE has 3.9 GW of installed renewable capacity as of June 30, 2022.

Chief Renewables Officer and Head of ENGIE North America Dave Carroll said, “The mix of solar, paired, and stand-alone storage across a wide set of geographies both complements our existing portfolio as well as provides opportunities for expansion into new areas in the United States. The 3.3 GW of battery storage projects will be a critical enabler of flexibility and supports the balance of the grid to improve its reliability and resilience.”

Belltown Power specializes in greenfield development of solar photovoltaic and energy storage projects, starting with site identification and navigating interconnection, real estate, permitting, environmental, tax, and all other development items to bring these projects to fruition.

CEO of Belltown Power U.S. Hernan Farace said, “The ENGIE team is very knowledgeable and has the breadth and depth of expertise to bring these projects into operations. We believe our projects are in excellent hands and look forward to the ribbon-cutting ceremonies at each of these sites.”

In September this year, ENGIE was one of the four winners in an auction by a distribution company in India to procure power from 750 MW of grid-connected solar projects with a greenshoe option of an additional capacity of up to 750 MW.

ENGIE also signed a  power purchase agreement with Procter & Gamble to procure power from its 200 MW Sun Valley Solar project in Hill County, Texas. ENGIE will supply over 530,000 MWh of clean electricity annually once production starts.

RELATED POSTS