Invenergy Secures PPA for Washington's 120-MW Solar Project

• Invenergy's Quincy solar park secures PPA, powering Washington's clean energy future and boosting local economy with sustainable growth.

Invenergy, a US clean energy developer, has finalized a power purchase agreement (PPA) for its 120-MW Quincy solar park in Washington State. This agreement ensures the sale of the solar park's entire output, marking a significant step in the project's development.

The Quincy solar park is part of Invenergy's broader strategy to expand its renewable energy portfolio. The PPA underscores the growing demand for clean energy solutions in the region and supports Washington State's renewable energy goals. This project is expected to contribute to the state's clean energy transition and provide economic benefits through job creation and sustainable energy production.

How does the Quincy solar park PPA impact Washington State's renewable energy goals?

• Supports Washington State's goal of achieving 100% clean electricity by 2045 by adding 120 MW of solar capacity.
• Contributes to the state's interim target of 80% renewable energy by 2030.
• Helps diversify Washington's energy mix, reducing reliance on hydroelectric power and fossil fuels.
• Encourages further investment in renewable energy infrastructure within the state.
• Provides a model for future public-private partnerships in renewable energy projects.
• Enhances grid reliability and resilience with additional renewable energy sources.
• Promotes local economic growth through job creation in construction and maintenance of the solar park.
• Aligns with state policies aimed at reducing greenhouse gas emissions and combating climate change.