Japan’s largest power firm expands US footprint with 395MW solar farms acquisition

The company confirmed on Tuesday that JERA Nex has announced a major expansion of its operational footprint in the US.

JERA Nex, the dedicated global renewable energy business subsidiary of Japan’s largest power company JERA, has announced a major expansion of its operational footprint in the U.S.

The company confirmed on Tuesday that it had acquired its first two solar projects stateside with a total capacity of 395MW from Lightsource BP. They include the 300MW Oxbow solar farm in Louisiana, the largest in the state, and the 95MW Happy solar farm in Arkansas.

It is first transaction by JERA Nex since the London-headquartered subsidiary’s launch in April. Both signatories to the deal said Lightsource BP has “worked closely with local communities” in both U.S. states to develop the sites.

Click here to read the full article
Source: Forbes

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

/0 Comments/by
You might also like
The nearly 250-kW rooftop microgrid system is expected to produce over 380,000 kWh of clean, renewable energy in year one.Solar microgrid keeps energy flowing at aquatic testing firm
Palen Solar Project is another major step forward in the administration’s efforts to lower costs for families, create a clean energy future.Interior Department announces full operation of Palen Solar Project in California
The California State Legislature approved a two-year extension of a property tax exclusion for solar projectsExtended property tax exclusion will keep clean energy investments in California
New study finds that an optimal arrangement of solar panels on farms can cool the panels down by 10 degrees—crucial for their efficiency.Solar panels handle heat better when they’re combined with crops
Secretary Deb Haaland announced that the Interior Department is advancing 15 onshore renewable energy projects across the West.Interior Department advances 15 onshore clean energy projects
DSD will work with The Home Depot to install 13MW of rooftop solar across 25 store locations in California.DSD and The Home Depot to install 13 MW solar portfolio in California
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *