Enbridge, a Canadian power firm, simply introduced it’s transferring ahead with an 815-megawatt (MW) photo voltaic challenge referred to as Sequoia in Texas. When it’s accomplished, it’ll be one of many largest photo voltaic farms in North America. The challenge’s price ticket is a hefty $1.1 billion.
Enbridge’s Sequoia, round 150 miles west of Dallas, has already landed long-term energy buy agreements (PPAs) with AT&T and Toyota, making certain most of its output is offered for years to come back. This deal was highlighted in Enbridge’s third-quarter report on Friday.
Sequoia might be in-built two phases, with energy anticipated to start out flowing in 2025 and 2026. Enbridge says it’s taken steps to cut back dangers by securing tools and procurement contracts upfront. Permits and buy orders are additionally locked down.
Toyota’s PPA with Enbridge’s Texas photo voltaic challenge is a part of Toyota’s broader push towards sustainability, because the automaker goals to realize web zero by 2035 and match 45% of its bought energy with renewable electrical energy by 2026 because it nonetheless clings to its “various powertrain technique.”
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