EDPR Secures PPA for 150-MW Illinois Solar Project

Jul 11, 2024 01:08 PM ET
  • EDP Renovaveis SA signs 15-year PPA for 150-MW solar project in Illinois with US tech giant, boosting clean energy growth in North America.

EDP Renovaveis SA (ELI:EDPR) has signed a 15-year power purchase agreement (PPA) in the US to sell 90% of the output of a 150-MW/213-MW DC solar project in Illinois. The off-taker is a large US-based technological company, although its name was not disclosed. The solar project is expected to be operational next year in Fulton County, Illinois, a former coal mining area.

This project is part of EDP Renewables North America's portfolio, which currently has 3.1 GW of solar capacity in operation and under construction in North America. The company continues to expand its renewable energy projects in the region, contributing to the growth of clean energy sources in the US.

What is the significance of EDP Renewables' latest solar project in Illinois?

  • The latest solar project in Illinois signifies EDP Renewables' commitment to expanding its renewable energy portfolio in North America.
  • The 150-MW/213-MW DC solar project in Fulton County, Illinois, is expected to be operational next year, providing clean energy to the region.
  • The 15-year power purchase agreement (PPA) with a large US-based technological company demonstrates the growing demand for renewable energy sources in the US.
  • This project will contribute to the growth of clean energy sources in the US and help in the transition away from fossil fuels.
  • EDP Renewables North America currently has 3.1 GW of solar capacity in operation and under construction in North America, showcasing the company's commitment to sustainable energy solutions.



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