Post by account_disabled on Feb 18, 2024 1:02:35 GMT -6
EDF Renewables North America has reached an agreement with Geenex Solar to obtain a portfolio of up to of photovoltaic augmentation assets in the PJM electricity market in the US country, which is an undisclosed amount. The portfolio contains well over twenty solar projects in different stages and the first is estimated to reach commercial operation in . The pipeline transaction leverages Geenex's regional development prowess to EDF Renewables, while the former helps with its late-stage financial and development prowess. As mentioned by EDF, the transfer will accelerate its growth in the PJM wholesale electricity market to offset the growing requests from business and public service users seeking green energy sources.
Geenex was created in and has maturity in its staff in all areas of project creation, including site analysis, purchase of plots, installation and interconnection engineering, environmental examination, as well as federal privileges. , state and local. EDF Renewables Vice President responsible for strategic growth, Hanson Wood, commented: “We were primarily captivated by the development prowess Phone Number List of the workforce and the high value of their solar assets. “Their regional approach is especially interesting since they enter markets early and build solid and important agreements with people in the area. "Geenex, as the largest asset holder in the PJM market, allows EDF Renewables to grow to more than five strategic states where solar energy is adapted to be a leading technology in the market.
Geenex CEO Georg Veit said: “The fact that an industry leader like EDF is highlighting the strength and value of the projects managed by Geenex is a great testament to the hard work of our staff. “The local focus made it easier for us to draw a competitive development line with more than projects in the PJM market where in they think they will execute the first projects. “We are excited about the opportunity to build this solar pipeline with a development partner like EDFR. Renewable energies are here to stay and their growth is unstoppable. If you want to publicize your project or company, you can contact us to give it visibility. Just as hydropower and solar energy complement each other, Statkraft and Solarcentury are a perfect fit in terms of purpose and people.
Geenex was created in and has maturity in its staff in all areas of project creation, including site analysis, purchase of plots, installation and interconnection engineering, environmental examination, as well as federal privileges. , state and local. EDF Renewables Vice President responsible for strategic growth, Hanson Wood, commented: “We were primarily captivated by the development prowess Phone Number List of the workforce and the high value of their solar assets. “Their regional approach is especially interesting since they enter markets early and build solid and important agreements with people in the area. "Geenex, as the largest asset holder in the PJM market, allows EDF Renewables to grow to more than five strategic states where solar energy is adapted to be a leading technology in the market.
Geenex CEO Georg Veit said: “The fact that an industry leader like EDF is highlighting the strength and value of the projects managed by Geenex is a great testament to the hard work of our staff. “The local focus made it easier for us to draw a competitive development line with more than projects in the PJM market where in they think they will execute the first projects. “We are excited about the opportunity to build this solar pipeline with a development partner like EDFR. Renewable energies are here to stay and their growth is unstoppable. If you want to publicize your project or company, you can contact us to give it visibility. Just as hydropower and solar energy complement each other, Statkraft and Solarcentury are a perfect fit in terms of purpose and people.