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May 29, 2020

Geronimo Energy, Big Rivers sign PPA for 160MW solar project

US-based Geronimo Energy, a National Grid company, has signed a power purchase agreement with Kentucky-based not-for-profit, generation and transmission cooperative Big Rivers Electric Corporation.

US-based Geronimo Energy, a National Grid company, has signed a power purchase agreement with Kentucky-based not-for-profit, generation and transmission cooperative Big Rivers Electric Corporation.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
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The PPA is for the Unbridled solar project, which is said to be the largest solar project development in the state of Kentucky.

Located in Henderson and Webster Counties, Unbridled Solar is a 160MW clean solar energy project.

National Grid Distributed & Renewable Energy president Daniel Westerman said: “This contract with Big Rivers Electric Corporation furthers National Grid’s and Geronimo Energy’s collective mission to reduce carbon emissions and accelerate a clean energy future.

“For community members and Big Rivers Electric Corporation, this project represents a significant step forward in combatting climate change and diversifying the local electric generator portfolio.”

The solar project is expected to come online in 2023, and once operational the project is estimated to offset 255,000 metric tonnes of carbon emissions annually.

The company noted that Unbridled is expected to bring $9m of economic benefits during the first 20 years of operation.

Additionally, the Unbridled Solar Education Fund is expected to offer nearly $640,000 in donations to the local school districts.

Big Rivers Electric Corporation president and CEO Bob Berry said: “Big Rivers is excited to add this renewable energy source to our portfolio for the sole benefit of our Member-Owners.

“This is another example of our commitment to provide safe, reliable and sustainable energy to our Members.”

In February this year, Geronimo Energy and Basin Electric Power Cooperative signed a PPA for the 128MW Wild Springs Solar Project in Pennington County, South Dakota.

A not-for-profit wholesale power provider Basin Electric has 141 member cooperative systems in nine states across the US.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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