ENGIE Acquires 6 GW of Solar, Storage Capacity From Belltown Power US

• The procurement substantially strengthens its renewable development pipeline in The United States and Canada.
• The deal consists of 33 projects making up some 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.

ENGIE The United States and Canada has actually introduced it has acquired a 6-GW portfolio of solar, combined and standalone battery storage advancement projects from Belltown Power US. The purchase consists of 33 projects making up some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.

Belltown Power checks into the greenfield advancement of solar PV and energy storage projects.

The official statement of ENGIE held that the renewable energy projects lie across ERCOT, PJM, MISO and also WECC1- the utilities and grid drivers across the U.S.A..

ENGIE claims to already have a strong position in The United States and Canada. The business stated that it has 3.9 GW of installed renewable capacity at 100% since June 30, 2022. The projects are a strong addition to ENGIE's existing renewables and also storage pipe in the united state

" These projects are a tremendous enhancement to our existing renewables pipeline and also will aid to further increase ENGIE's role in the energy transition. The mix of solar, paired and also stand-alone storage across a wide set of geographies both complements our existing portfolio as well as gives possibilities for growth right into brand-new areas in the United States. The 3.3 GW of battery storage projects will be a vital enabler of flexibility as well as supports the balance of the grid to enhance its reliability and also resilience," claimed Dave Carroll, Principal Renewables Officer and Head of ENGIE North America.

Hernan Farace, the CEO of Belltown Power U.S., specified, "We are really proud of having actually finished this transaction with ENGIE, which marks one more excellent milestone in the journey of Belltown as a greenfield programmer. The ENGIE team is very well-informed and has the breadth as well as depth of know-how to bring these projects right into procedures. Our team believe our projects are in outstanding hands as well as anticipate the ribbon cutting events at each of these sites."

ENGIE is likewise aiming to acquire European RE business Asterion Energies in partnership with Spanish energy company Repsol. Asterion also has an anticipated combined capacity of 6 GW.