National Grid has relaunched its US renewables business that spans solar, onshore wind and battery storage.
National Grid Renewables is focused on “accelerating the clean energy transition” through developing, owning and operating large-scale renewable energy assets across the US, the company said.
US wind and solar developer Geronimo Energy, which National Grid acquired in 2019, will transition to the new National Grid Renewables brand.
National Grid renewable energy president Daniel Westerman said: “National Grid has a critical role to play in the acceleration of a cleaner energy future, which is why we’re pleased to be launching National Grid Renewables to further underscore our commitment to reaching net zero.
“In addition to being positive for our planet, developing new renewable energy projects creates jobs and spurs economic development in communities across America.
“We look forward to expanding our positive social and environmental impact as we look ahead, all while delivering strong shareholder value.”
National Grid’s onshore renewables development team (formerly known as Geronimo Energy) has signed over 500MW of announced contracts with customers since being acquired by National Grid in July 2019.
In addition to its onshore renewables development team, National Grid Renewables includes an increasing number of operational assets that are geographically diverse across the US, from wind and solar farms in the Midwest and south to investments in battery storage facilities on the east coast.