energy saving

Eolus Acquires Solar + Storage Project

Eolus, headquartered in Hässleholm, Sweden, announced that its wholly owned American subsidiary, Eolus North America, has acquired a utility-scale solar plus storage project under development, with a planned capacity of 500MW solar pv and 250MW battery storage component.
Eolus Acquires Solar + Storage Project

Located in the western US, the project is in early development stage and located in a favorable region for renewable energy development. The project has an interconnection queue position to deliver power to California.

This acquisition represents ENA´s first solar plus storage project to be developed in North America.

“We are excited at the opportunity to develop a utility-scale solar project paired with battery storage that aims to fill the growing demand for low-carbon firm renewables in the U.S. It indicates our commitment to expanding into new technologies and to be responsive to emerging energy market signals,” said Hans-Christian Schulze, Country Manager of Eolus North America, Inc.

The project is estimated to be in commercial operation 2022, and once finished it could produce up to 1.5TWh of sustainable, clean and reliable power equivalent of that used by approximately 140,000 US homes* in a year.

*In 2016, the average annual electricity consumption for a U.S. residential utility customer was 10,766 kWh, an average of 897 kilowatt-hours (kWh) per month.

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