Coldwell acquires gigawatt-scale solar project for H2 production
- California-focused Coldwell Solar Inc introduced on Thursday that it has actually acquired a gigawatt-scale solar project with plans for a battery component and on-site green hydrogen production.
Chief executive Dave Hood claimed in a press release that the family-owned organization is looking forward "to a meeting with the governor's office to discuss the solar and battery specifics with as much as 20% of the project ear noted for hydrogen production including a hydrogen loading station."
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According to his statement, the project is worth USD 2 billion (EUR 1.86 bn).
Rocklin-based Coldwell Solar says it generally takes care of the entire solar installation process, beginning with the securing of permits, through engineering and construction, approximately ongoing monitoring and also support of the system. Hood noted that the company has actually just finalised the sale of a 220-MW project to NextEra.