EDP RENEWABLES:A U.S. subsidiary of Portuguese electric utilities giant Energias de Portugal is behind a $78.5 million solar project in Morehouse Parish near Bastrop. You have permission to edit this article. By 2022 Entergy expects to have 381 megawatts of solar in its Arkansas portfolio.. Email notifications are only sent once a day, and only if there are new matching items. News item from D. E. Shaw Renewable Investments. Parish officials estimate that Pointe Coupee probably has room for one more solar farm at least for the next decade. DESRI has executed a 20-year Renewable Energy Purchase Agreement (REPA) with SWEPCO to support the utilitys growing renewable energy portfolio and help power local customers electricity needs. Email notifications are only sent once a day, and only if there are new matching items. The company doesn't typically invest in projects unless "power purchase agreements" at least 15 years or longer are available to justify financing used for solar power development. A newly constructed 50-megawatt solar farm on 560 acres in West Baton Rouge Parish that has a supply contract with Entergy Louisiana has been . D. E. Shaw Renewable Investments (DESRI) announced the signing of a long-term renewable energy off-take agreement with Southwestern Electric Power Company This 74.5 MW project produces enough electricity to power 7,991 homes. A $98 million solar farm in Morehouse Parish is looking for tax breaks for manufacturing renewable power, The Advocate reports. The company said "as existing resources are retired, replacement capacity is expected to come primarily from new renewable technologies.". In response to the latest round of projects seeking property tax and Quality Jobs program incentives, the Louisiana Economic Development department said in a statement that LED works to increase and retain jobs across all of Louisiana, including rural communities. SWEPCO is seeking approval from regulators in Arkansas, Louisiana and Texas to acquire the 200 MW Mooringsport solar project in Caddo Parish, La. Companies, big plants and utilities want to cut carbon emissions to meet corporate sustainability goals often driven by investor demands for greener operations and to prepare for the potential of regulatory costs associated with carbon emissions. As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment. This information came from an advance notification filed with Louisianas economic development office. 20. The existing, smaller St. James Solar plant serves Entergy New Orleans to meet mandated renewable power goals in that city. Separately, Pineville-based electric utility Cleco, which has a regulated unit serving 24 parishes primarily in central and south Louisiana and an unregulated unit serving nine Louisiana electric cooperatives, announced it's looking to add 400 megawatts of solar electricity. SWEPCOs long-term plan calls for more than one-third of its Southwest Power Pool accredited capacity to be satisfied with wind and solar resources. MASSIVE Electric Bike Buyers Guide All the Biggest Brands & Models, NIO ES8 The Chinese Electric SUV Outselling The Tesla Model X, Nukes, Renewables, and the Union of Concerned Scientists, Reality Check Correcting the Cleantech Record, Solar Panel Installers Top Solar Panel Installers & How To Evaluate Them, Switching to an Electric Fleet Learn About Charging, Payments, & More, Testimonials: Why Readers Love CleanTechnica. Shaw has backed financially across North America is the nation's first offshore wind project, Block Island Wind Farm off the coast of Rhode Island, which drew offshore and fabrication expertise from companies in Louisiana. Site Map | Privacy Policy | RSS, Washingtons largest solar project now connected to grid, McCarthy opens new craft workforce center to train current and future workers, Renewables increased energy output by more than 12% in 2022, NREL: Western RTO would decrease cost of clean energy production, transmission. The exception was issued for the Chalkley Solar Project, named for a historic local family who founded the company that is leasing the land to Aurora. D. E. Shaw Renewable Investments (DESRI) announced the signing of a long-term renewable energy off-take agreement with Southwestern Electric Power Company (SWEPCO). Power from those farms would go to Entergy Louisiana,which supplies power to St. James, Baton Rouge, New Orleans and many other parts of the state. Parish officials hope to create new land use rules for the solar facilities. It would support 250 jobs and one job once built by June 2024. Of those that showed permanent jobs, four projects would create one job each; two of them five each; and another three permanent jobs. The Chalkley Solar Project, if approved, will become the second project in the 300 MW range coming to Louisiana, a state not historically known for its utility-scale solar. If you can lock in that long-term pricing then the customers have a better chance of receiving those benefits as opposed to shouldering those costs.". The facility was recently acquired by Helios Infrastructure, a joint venture between Sol Systems and publicly traded Nationwide Insurance. Shaw solar farms, said he and many of his constituents accustomed to the parish's pastures and forests don't want to see too many more solar panels popping up even with the new ordinance in place. Shaw was founded in 1988 by David E. Shaw, who holds a Ph.D. from Stanford and has expertise in computational biochemistry. The Iris Solar project in Washington Parish and St. James Solar project in St. James Parish represent the largest solar facility currently under construction in Louisiana AEP remains focused on adding approximately 16 gigawatts of regulated renewables to our generation portfolio by 2030 and reaching net-zero carbon emissions by 2050.. The legislation passed. The new and previously disclosed projects would cover tens of thousands of acres of largely farm and timber land, leased from landowners. The company estimates tax revenue for Beauregard Parish at $26 million over the "lifetime" of the project. An estimated 300 people will be needed during the peak period of construction. Mooringsport and Wagon Wheel are expected to come online in December 2025. It could produce 50 megawatts of power. Shaw Renewable Investments, supplies power to Entergy New Orleans. WebNotable Installations in Louisiana LA3 West Baton Rouge Solar Facility in West Baton Rouge was developed by DEPCOM and came online in 2020. The second recently opened for 500 megawatts of power. SWEPCO and sister company Public Service Company of Oklahoma also own and operate the 1,484 MW North Central Energy Facilities in north central Oklahoma. Advertise with CleanTechnica to get your company in front of millions of monthly readers. Likewise, major corporations that are big users of electricity are looking to be more environmentally friendly by sourcing more of the power they use from the sun, wind or water. Proposed $200 million projects in Thibodaux and Bogalusa would produce up to 200 megawatts of power each. The St. James Solar farm in Vacherie collects the rays of the sun and turns them into power for the New Orleans area on Thursday, July 7, 2022. The cost of decommissioning is born by the developer.". Shaw Renewable Investments, supplies power to Entergy New Orleans. 2023 www.thenewsstar.com. The electricity produced for the Beauregard Solar project is being marketed to a variety of customers from industrial sites to utilities inside and outside Louisiana. Two solar farms are near completion in St. James Parish by D.E. Entergy noted that it is exploring using existing coal facilities for solar generation or solar generation with gas-powered backup under a directive from a Louisiana Public Service commissioner. That's the most valuable real estate, accessible to rail and river, and it's just taking away so many opportunities that could be other clean projects, as well, you know, that could actually bring jobs, and that's what our concern is," Dufresne told a few solar, utility and media representatives after a recent Parish Council meeting. Stay informed. Washington Parish officials are looking at infrastructure and recreation with the new money, Parish Council member Carley King said. Other developers would have two projects each in West Baton Rouge and Morehouse parishes and one each in Washington, Pointe Coupee, Lafourche, East Feliciana and Beauregard parishes. Add to that, more than 100 megawatts of electricity already being generated from privately-owned solar panels sitting on the rooftops of individual residences or on commercial buildings. "We have a whole lot of interest from our customers," he said. All Rights Reserved. Power from those farms would go to Entergy Louisiana, which supplies power to St. James, Baton Rouge, New Orleans and many other parts of the state. Why Arent Energy Flows Diagrams Used More To Inform Decarbonization? Rocking R is part of DESRIs growing portfolio of solar facilities in Louisiana, bringing the total contracted portfolio size to over 500 MW in the state. Five of D.E. 2023 Solar panel technology is not new but the cost to build solar farms has dropped significantly in recent years. Copyright 2023 CleanTechnica. The other such installation is the 345 MW Ventress Solar project, set to start construction by the end of this year and slated for completion in 2023. The Prairie Ronde Solar project is expected to generate 327,000-megawatt hours, the average annual electricity consumption of 30,700 US homes. Read our policy. 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How Do You Charge An Electric Car At Home? Dufresne's and other local officials' concerns reflect the unease that has arisen among some in rural Louisiana over the proliferation of solar farms over thousands of acres agricultural land. EDP Renewables has been investing in its own projects but also buying equity stakes in other projects across the U.S., such as a deal for a portfolio worth $119 million for 89 megawatts from C2 Omega LLC, according to a deal announced in January. Two solar farms are near completion in St. The seven new proposed projects are: Kontiki Holdings LLC. The Washington Parish solar farm is estimated to cost $75 million and in St. James $30 million, according to state economic incentives records.. There was a problem saving your notification. Further information on data privacy can be found in our Data Protection Policy. Tim covered project development, legal issues and renewable energy legislation, as well as contributed to the daily Morning Brief. Washington D.C.-area technology startup Helios Infrastructure is a joint venture between Sol Systems and Ohio giant Nationwide Insurance. It is planning a The projects would support hundreds of construction jobs but create only a handful of permanent jobs once completed. In Washington Parish, local officials said they adopted their own solar farm ordinance, triggering the end of a year-and-a-half-old moratorium. The project encompasses approximately 1,970 acres. San Francisco-based Ecoplexus, which owns 400 megawatts, looks to build Bueche PV1 LLC and Willis Pond PV I LLC. Walmart, for example, has sustainability goals and a sizable footprint in Louisiana. Silicon Valley has been the main high tech and venture capital hub in the US for decades. pv magazine USA offers daily updates of the latest photovoltaics news. 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