Abu Dhabi's renewable energy company Masdar has announced that it has achieved the first closing on the acquisition of 50 per cent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the US from EDF Renewables North America.

 

Masdar and EDF Renewables North America had last year announced that they had agreed to partner in eight renewable energy projects, including three utility-scale wind projects in Nebraska and Texas totalling 815 megawatts (MW), and five photovoltaic (PV) solar projects in California totalling 689 MW – two of which include lithium-ion battery energy storage systems representing 75 MW.

 

According to Masdar, all three wind projects are currently in the final stage of construction and expected to begin commercial operations in the first quarter of this year. 

 

The 243 MW Coyote wind project is located in Scurry County, Texas; the 273 MW Las Majadas wind project is in Willacy County, Texas; and the 300 MW Milligan 1 wind project is in Saline County, Nebraska, it stated.

 

Of the five projects in California, four started commercial operations in December 2020, all located in Riverside County. These include the Desert Harvest 1 and Desert Harvest 2 PV projects, which total 213MWdc of solar, and the Maverick 1 and Maverick 4 PV projects which total 309 MWdc. 

 

The final project in California is Big Beau, a 128 MWdc solar PV and 40 MW/160 MWh battery energy storage system, which is in Kern County and will reach commercial operation in December 2021.

 

On the key acquisition, CEO Mohamed Jameel Al Ramahi, said: "This is a significant milestone in our collaboration with EDF Renewables North America, with these projects now actively contributing to the US renewable energy objectives."

 

"As the second-largest renewable energy producer in the world in terms of installed power capacity, the US offers considerable scope for further growth, and with President Joe Biden having made clean energy investment a key priority for his administration, we anticipate greater opportunities in this market," he added.

 

EDF Group Senior Executive VP (Renewable Energies) Bruno Bensasson said: "The US renewables market represents a highly attractive growth potential. It is also a major market for EDF Renewables where we have achieved a leading position in the last three decades, both in solar and wind energies but also in battery energy storage systems."

 

"In total, the eight projects have created more than 2,000 jobs in the country’s clean energy sector and will displace more than three million metric tonnes of carbon dioxide annually," he added.-TradeArabia News Service