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Origis Energy has secured a tax equity commitment from J.P. Morgan for the Golden Triangle I Solar + Storage project in Lowndes County, Miss., with initial funding made alongside the commitment.

The agreement funds the completion of Golden Triangle I, a 200 MW solar project with 50 MW of battery storage under a PPA with the Tennessee Valley Authority (TVA), to deliver clean energy and grid resiliency at competitive rates.

“The team at Origis Energy is focused on delivering high-quality projects for TVA, and our other customers. Golden Triangle I is an excellent example of that focus, and we appreciate J.P. Morgan’s support on it,” says Vikas Anand, CEO of Origis Energy.

Golden Triangle I is one of four Origis projects in Mississippi for TVA, with a total capacity of 750 MW and 350 MW of battery storage. The tax equity agreement leverages the Investment Tax Credit incentives of the Inflation Reduction Act.

Latham & Watkins represented Origis Energy in the transaction. Hunton Andrews Kurth acted as J.P. Morgan’s counsel.

The post Golden Triangle I Solar + Storage Secures Tax Equity Commitment appeared first on Solar Industry.

Golden Triangle I Secures Tax Equity Commitment

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Ask a Pro

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I’m not a financial pro, but here’s some advice:

Don’t live on a budget.  Make a lot of money and live far beneath your means.  What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?

As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do.  You make false friends and have people glomming onto you to sell you stuff you really don’t need.”

Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country.  Maybe there is something about him and his values that could benefit you.

Ask a Pro

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Renewable Energy

Solar PV in Spain

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I see.

There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.

LOL.

Solar PV in Spain

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Renewable Energy

What’s Wrong with Human Civilization?

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It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.

People say that the principal weakness of human beings is that we can’t plan for the future as a species.  Dogs are arguably even worse, though they aren’t consumed with greed.  They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.

As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.

What’s Wrong with Human Civilization?

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