AGP, Hartree collaborate to develop 5GW United States solar

• AMPYR Energy USA intends to capitalise on among the 'fastest expanding solar markets in the world'

AGP Sustainable Real Assets as well as Hartree Partners have actually introduced a brand-new joint venture with a 5GW pipe of utility-scale solar projects to be developed across the US.

AMPYR Energy USA is the second joint venture in between the two companies in simply over a year.

New York-headquartered AMPYR Energy will leverage AGP's experience in establishing large-scale renewable power projects around the world and Hartree's power trading analytics.

AGP partner and AMPYR board chair Saurabh Beniwal said: "With the Federal and State objectives for accelerating the energy transition, the US will be one of the fastest expanding solar markets on the planet and also a core critical priority in realising AMPYR's ambition of becoming one of the biggest independent renewables programmer as well as operator around the world."

Considering that its inception in February 2021, Hartree and AGP's European solar venture, AMPYR Solar Europe is making "swift progress" in the direction of its goal of rolling out 5GW of large-scale solar projects to establish itself as one of the biggest utility scale solar platforms in Europe.

AMPYR Solar Europe additionally just recently shut a EUR400m facility to sustain this plan.

Hartree handling supervisor Stephen Semlitz stated: "We are thrilled to take one more step forward with AGP right into the United States market.

" This brand-new venture permits us to additionally show our decades of experience in finding financial investment services, consulting, and producing sustainable and also readily viable approaches for energy renewal and also regeneration."