6 US energies to purchase 4 GW solar plants
Nov 11, 2020 03:57 PM ET
- Six US-Midwest energies anticipate to spend more than a combined $15.6 billion over the following several years to install or get roughly 4 GW of solar generation, greater than 3.6 GW of wind generation as well as just over 1 GW of electric battery storage, according to working as a consultant S&P Global Platts.
The WEC Group, which serves generally Wisconsin, has a 2021-2025 funding prepare for spending $4.1 billion in sustainable renewables. This consists of 800 MW PV. Alliant, which offers both Wisconsin and also Iowa, intends 400 MW solar, Xcel Minnesota 460 MW, Michigan's CMS Energy 1,100 MW, DTE Energy 545 MW and also Ameren Energy based in St. Louis 700 MW.
The energies, which have a mixed present producing capacity of 46.3 GW, are looking to retire a combined total of 5.8 GW of coal-fired capability by the years 2022 to 2023, says the consultancy
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