Advanced Power has sold its 100% interest in the 232 MW DC Oriana Solar project to Sabanci Renewables, a subsidiary of Sabanci Holdings.
With the sale of Oriana Solar, Advanced Power has successfully originated and closed four utility-scale solar and solar+battery storage projects totaling more than 800 MW DC and 240 MWh of battery storage capacity.
The sale, which was led by Marathon Capital LLC, is the second transaction Advanced Power has closed with Sabanci.
“We are excited to continue working with Sabanci and successfully transition Oriana Solar through its final development and into construction,” says Thomas Spang, Advanced Power’s CEO.
Oriana Solar will be co-located with 60 MW/120 MWh of battery storage capacity in Victoria County, Texas. The project serve the load centers in the Gulf Coast region of Texas, including Houston, Corpus Christi and Freeport.
Construction of Oriana Solar is expected to begin in the first quarter of 2024, with commercial operation to start in 2025.
Oriana Solar will sell energy and renewable energy credits into the ERCOT power market.
The post Advanced Power Sells Oriana Solar to Sabanci Renewables appeared first on Solar Industry.
Renewable Energy
Trump’s Only Real Talents: Attracting Attention and Controlling Morally Weak People
Trump is not an idiot. His IQ may not be too high, but he’s smart enough to know how to conduct himself in his lifelong quest to amass more wealth and power at the expense of everyone else on Earth.
Trump’s Only Real Talents: Attracting Attention and Controlling Morally Weak People
Renewable Energy
Modern Humankind in a Nutshell
At left we see the moral bankruptcy that guides our civilization.
I recall many years ago, when Musk was becoming a “thing,” writing a post to the effect that, “What a terrible shame. We really didn’t need just one more super-rich asshole on this beleaguered planet.”
Renewable Energy
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It’s easy to understand how Trump has great appeal to the hateful idiots and the amoral rich.
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