Enbridge has signed an agreement to participate in the construction and operation of the Fox Squirrel solar project, through a 50% joint venture interest with EDF Renewables.
Fox Squirrel is a ground-mounted solar facility under construction in Madison County, Ohio. Its initial phase is expected to generate approximately 150 MW of solar energy and be in service by year-end, says Enbridge. The project will be constructed in three phases and is designed to ultimately deliver up to 577 MW by the end of 2024.
Enbridge will invest $149 million in the first phase and plans to reach a final investment decision on the following phases throughout 2024. The project has 20-year fixed-price power purchase agreements with an investment-grade counterparty for the full generation capacity.
“This partnership expands Enbridge’s strategic relationship with EDF Renewables while driving accretive renewables growth in North America,” says Enbridge’s Matthew Akman.
“Fox Squirrel solar project will benefit the surrounding communities by adding local jobs, generating additional tax revenues for Madison County and will ultimately power approximately 118,000 Ohio homes with renewable energy.”
The post Enbridge Partnering with EDF Renewables on Fox Squirrel Solar appeared first on Solar Industry.
Enbridge Partnering with EDF Renewables on Fox Squirrel Solar
Can’t swear that this is true but hoping so.
We must never forget.
The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.
It’s almost funny when we hear that California is a socialist state, or a police state (due to our environmental restrictions), or that people are leaving in droves to go to Texas or Florida. When I come across people who say this, I wonder: have you ever actually been to California?
Do you know that the garden-variety 3 BR, 2 BA house here lists at about $1.2 million, where, if it were moved to, say, the Midwest, it would be worth perhaps $2500,000? Why do you think that could possibly be? Maybe the law of supply and demand doesn’t apply to the Marxist part of the nation?
Perhaps it’s because Californians are offered fantastic economic opportunities. We develop and implement ideas that improve the lives of everyone on Earth, and that we profit greatly from our undertakings.
Something for the MAGA crowd to consider.
The main way governments create wealth is by educating people so that they can become productive members of society. They also build roads and airports and maintain law and order so that honest businesses can thrive.
Anyone living now who believes that Elon Musk and Jeff Bezos are creating wealth for anyone but themselves is a total fool.
A ton of people bought into the concept expressed here in the mid-20th Century, but no semi-intelligent person today believes that tax breaks for billionaires/trillionaires generates a nickel for the common person.
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