The Louisiana Public Service Commission has given permission to Opdenergy to sell power from its project Elizabeth solar PV plant to Entergy Lousiana.
This approval represents a new milestone within the power purchase agreement (PPA) associated with this project, which was signed at the end of 2021. As part of the agreement, Entergy Louisiana will acquire 100% of the energy generated by this project, which has an installed capacity of 160 MWdc, over a period of 20 years.
Opdenergy continues to work to ensure the successful development of this new solar PV plant located in Allen Parish, Louisiana and expects to begin construction in early 2023, while the grid connection is expected during the first half of 2024.
Once operational, it is expected to generate about 302,000MWh of clean energy per year.
This new agreement endorses the company’s commitment to consolidate its presence in the renewable energy sector in this country. Opdenergy continues to actively develop renewable assets in the US, through its total pipeline of about 3GW in different stages of advancement throughout the country.
Opdenergy has currently secured PPAs for more than 2.6GW worldwide, of which more than 300MW are in the US. These PPAs cover the company’s operating portfolio of 584MW and more than 2GW of future projects, throughout the different countries in which it operates.
Luis Cid, CEO of Opdenergy, stated: “We are delighted to receive this approval which will enable us to execute the project and provide significant benefits for Allen Parish, while contributing toward a more sustainable future in Louisiana.”