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.
Weather Guard Lightning Tech
GE Vernova and Vineyard Wind Settle, UK Approves Irish Sea Cables
GE Vernova and Vineyard Wind drop all claims in their $4.5 billion dispute. Plus the UK approves Irish Sea cables for Morgan and Morecambe, a GE turbine order in Japan, whale recorders in the Celtic Sea, and previews of WindEnergy Hamburg.
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GE Vernova and Vineyard Wind Settle, UK Approves Irish Sea Cables
Well, if I had the IQ of a squirrel and believed that Fauci colluded with hundreds of other top scientists around the world to enslave the planet’s population, I would jump right on board.
Doesn’t work for me, though.
Today, however, belief in science and reason makes me a communist.
If you want a steady stream of information about the supposed value that ExxonMobil is bringing to the world, you may want to sign up for this.
These people are playing for keeps, btw. They’re destroying a little piece more of this planet every day, and they understand that completely.
But there is money at stake. Lots of it.
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