EDF Renewables North America has clinched a power purchase agreement (PPA) with an affiliate of Enterprise Products Partner LP to provide solar energy for the Space City Solar Project near Houston.
Construction on the Wharton County site is expected to begin this summer and should be operable by summer 2022. The construction phase is forecast to generate about 300 jobs and more than $30 million in new tax revenue over the project’s operating life. The project is designed to use bifacial solar photovoltaic modules.
Enterprise’s Jim Teague, co-CEO of the general partner, said the pipeline giant is “committed to being a responsible steward of the environment, including using energy sustainably across our footprint.”
Last year Enterprise “launched an initiative to evaluate opportunities to expand solar power purchasing and/or installations across our system,” Teague said. The PPA “is a result of those efforts. We estimate that by 2025, approximately 25% of our power will be from renewable resources.”
During the fourth quarter earnings call last month Teague told investors that “the notion of energy transition often implies shifting away from traditional hydrocarbons. But we still believe an all-of-the-above approach will be required to meet the world’s growing energy needs. A more prosperous and sustainable future for all people will require traditional sources of oil and gas” for decades to come.
San Diego-based EDF Renewables, a subsidiary of the French utility EDF Group, provides grid-scale wind, solar and solar-plus storage projects, as well as electric vehicle charging and energy storage management.
“This transaction demonstrates EDF Renewables’ continued commitment to helping corporate customers meet their wholesale power supply needs and sustainability initiatives,” said EDF Renewables’s Matt McCluskey, South Region Development Vice President.
“Space City Solar will provide an economic boost to the local economy through construction jobs, local spend and an expanded tax base.”
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