European Energy's Arm EE North America to Build 2 GW Solar Project in Arizona

Nov 4, 2022 10:10 AM ET
  • EE North America has partnered with Elio Energy for the solar energy generation and energy storage project in Arizona and surrounding states.
  • Projects are expected to start building and construction gradually in between 2023 and also 2025.

EE North America, renewable energy programmer as well as arm of global energy gamer European Energy, has actually stated that it has actually partnered with Elio Energy to create a pipeline of 2 GW of solar power generation and energy storage in Arizona and also surrounding states.

The official statement of EE North America held that the solar and storage space projects are anticipated to start construction gradually in between 2023 and also 2025.

" This profile will give the clean energy that clients demand while also making a significant payment to meeting net-zero goals in the area," said Lorena Ciciriello, Chief Executive Officer of EE North America. "We expect collaborating with Elio Energy on this significant financial investment in the future of energy in area."

Elio Energy Group is a greenfield utility-scale renewable project developer with focus on solar as well as battery energy storage space throughout the southerly United States. It has more than 2.5 GW under active growth along with a 6 GW pre-development pipe.

"The collaboration with European Energy will speed up the development of large-scale solar and also storage projects in Arizona and also surrounding states by giving the requisite financial security while sustaining the renewable procurement goals of the IOU's and also Cooperatives," stated Daven Mehta, CEO of Elio.

Earlier this year EE North America announced its entrance right into the U.S. market, leveraging its expertise in renewable energy project growth and also collaborations with various other industry-leading companies.

EE North America stated that it has ambition to develop 10 GW of renewable resource in the USA by 2026, aiding state and also local governments across the US achieve net-zero goals.

"In addition to our experience in renewable resource, EE North America offers a variety of commercially mature as well as economically practical energy options that can aid resolve fields of the economic climate that are difficult to decarbonize, including transport, shipping, as well as industry," included Lorena Ciciriello.

EE North America's parent business, European Energy, establishes solar, wind and also Power-to-X projects worldwide. It has actually lately secured the development of the globe's first large-scale commercial e-methanol manufacturing facility and the biggest offshore wind generator to date.

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