RWE expands U.S. development portfolio with new project acquisitions across three states
2024年5月21日 - 12:11AM
RWE Clean Energy continues to bolster its renewables development
pipeline in the U.S., adding 599 megawatts (MW) of solar and energy
storage projects acquired from Galehead Development, LLC
(Galehead), an experienced greenfield development platform for
wind, solar and storage projects.
The move positions RWE
to meaningfully expand into new Pacific Northwest markets and grow
its existing footprint in New York.
The recently completed acquisitions include two
development-stage renewables projects located within PacifiCorp’s
operating territory in the Pacific Northwest and a mid-stage
development asset in northeastern New York:
- Cedar Ridge:
a 300 MWac solar project paired with a 150 MW (600 MWh) energy
storage asset located in Blaine County, Idaho. The collocated solar
and energy storage project will help meet growing demand and
provide regional grid support consistent with PacifiCorp’s resource
planning forecasts.
- Remington: a
199 MW, 4-hour (796 MWh) standalone BESS asset located in Marion
County, Oregon. In addition to providing flexible clean power in
response to regional demand fluctuations, the project will be
designed to have a smaller overall footprint for minimal impact to
existing land use.
- Champlain: a
100 MWac solar PV project located in Washington County, New York.
The project’s favorable location will help meet growing demand in
this section of the NYISO market and expands RWE’s footprint in the
state, further demonstrating the company’s commitment to clean
energy in the state of New York.
Hanson Wood, Head of Development, Utility-Scale Renewables
for RWE Clean Energy: “RWE is excited to close on our
first acquisitions with Galehead, in particular the Remington and
Cedar Ridge projects which allow us to expand our presence in the
Pacific Northwest market where there is robust demand for low-cost,
clean power. Importantly, these projects will help provide future
grid support, create good-paying jobs and fuel the local economies
of Washington, Blain and Marion counties. We look forward to
working with the local communities to communicate the benefits of
these projects throughout the development process.“
John Clifford, Chief Revenue Officer for Galehead
Development, LLC: “This transaction is a great validation of
the hard work by our team to understand the long-term signals of
durable markets, navigate a complex greenfield siting environment
and interconnection tariff and collaborate with the world’s leading
Energy Transition investors. We are thrilled to start and build on
this partnership with RWE to advance this PacifiCorp project
portfolio and future projects.”
RWE currently has 36 gigawatts (GW) of onshore wind, solar and
battery energy storage systems (BESS) in its U.S. development
pipeline. As RWE continues to expand its U.S. presence, it is
leveraging its well-positioned clean energy business to grow its
renewables portfolio from more than 9 GW net installed capacity
today to more than 19 GW net by 2030.
Growing Green in the U.S. As one of the world’s leading
companies in the field of renewable energies, RWE is driving
forward the expansion of its renewables activities. The U.S. plays
a key role in RWE’s Growing Green strategy to significantly expand
its global green technology capacity to more than 65 GW by 2030,
and will comprise 30% of the company’s global green portfolio by
the end of the decade.
For more information, visit americas.rwe.com.
For further
inquiries:
Patricia
Kakridas
Senior Manager, Media & PRRWE Clean EnergyM +1 619-753-5206E
patricia.kakridas@rwe.com
RWE in the US RWE is a top tier renewable energy
company in the United States. With more than 15 years in the U.S.
renewables business, the company has an outstanding track record in
developing, constructing, and operating renewable energy
facilities. The approximately 2,000-person RWE team in the U.S. is
fully committed to forging ahead with the clean energy transition
in North America. Together with our partners, we develop innovative
solutions and drive technological progress for our customers to
help re-shape the energy supply for future generations. RWE Clean
Energy, a subsidiary of RWE AG, operates a renewable energy
portfolio of about 9 gigawatts (GW) installed capacity of onshore
wind, solar, and battery storage, making it the number four
renewable energy company in the U.S. and the country’s second
largest solar owner and operator, present in most U.S. states. RWE
Offshore Wind Holdings, a subsidiary of RWE Offshore Wind, is also
developing offshore wind on both the east and west coasts of the
U.S., including the company’s first commercial scale floating wind
project. As part of the RWE Group’s Growing Green strategy to
expand globally its green portfolio to more than 65 GW of installed
capacity and to invest EUR 55 billion worldwide from 2024 to 2030,
the company has earmarked about EUR 20 billion to significantly
increase its operating asset base in the U.S. This is backed by a
project pipeline of 36 GW in onshore wind, solar and battery
storage and 6 GW of offshore wind, which provides for one of the
largest development platforms in the U.S.
- RWE expands U.S. development portfolio with new project
acquisitions across three states
Patricia Kakridas
RWE
619-753-5206
patricia.kakridas@rwe.com