EE North America Acquires 700 MW Colorado Solar Projects

• EE North America has actually acquired a majority stake in two solar projects, Sandy Hill Solar and also Sand Dune Solar of Horus Energy.
• The two solar projects will be interconnecting with the Public Service of Colorado network and also the building will certainly begin in 2025.

Renewable resource developer EE North America has actually acquired a majority risk in 2 solar projects, Sandy Hill Solar and Sand Dune Solar-- which together make 700 MW of capacity--, in Colorado.

EE North America stated that the joint venture with solar energy developer Horus Energy is thereby increasing the United States's change to clean energy.

The fresh acquisition brings EE North America pipeline to a total of 2.5 GW in Texas, Arizona, New Mexico, as well as Colorado. The firm wishes to achieve its goal of developing 10GW of renewable resource in the United States by 2026 that can cover the electricity demands of 7.5 million homes as well as is more than the total electrical capacity of 14 individual states.

Lorena Ciciriello, CEO of EE North America, stated that her firim is enjoyed participate in this collaboration with Horus Energy and also remain to expand the swiftly expanding solar pipeline. This possibility notes the access into the Colorado market where the designer will certainly build upon the area's clean energy sources.

The Sandy Hill Solar as well as Sand Dune Solar projects, which will be interconnecting with the Public Service of Colorado (PSCO) network, are expected to commence building and construction in 2025. This likewise marks a considerable landmark in the direction of attaining mission of EE North America to be a leading global force in promoting the green transition.

Stefano Romanin, Chief Executive Officer of Horus Energy, specified on financial investments by EE North America, "This strategic collaboration is a testament to Horus' know-how in greenfield solar PV growth and verifies the strength of our group, company model, and quality of our projects."

In November 2022, EE North America introduced a new partnership with Elio Energy to establish a pipe of 2 GW of solar energy generation as well as energy storage space in Arizona and also surrounding states. The RE company is an arm of international energy gamer European Energy.