07 August 2024
07 August 2024
The initiative, funded by the Bipartisan Infrastructure Law’s GRIP programme, will support eight key projects spanning 18 states.
The farm will help to provide solar energy to those who cannot install panels at their own homes.
Taiwan has an ambitious goal to reach 13.1GW of installed offshore wind power by 2030.
The project is estimated to cost $822m, including financing charges, with a construction timeline of five years up to 2029.
This is first acquisition by JERA Nex since its inception in April 2024 and introduces the first US solar assets into its portfolio.
The financing package includes $233m in green loans and $90m in tax equity.
The 189MWp photovoltaic plant will be the largest solar facility in the country upon its completion in 2027.
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