US solar and storage developer Pine Gate Renewables has contracted nearly 1GW of late-stage solar development projects with multiple power purchase agreements (PPAs).
The executed PPAs enable the construction of 10 large-scale solar projects “thanks to corporate and utility partners who envision a cleaner energy future”, Pine Gate said.
The projects are expected to be operational between 2023 and 2024.
With an investment of over $1bn in clean energy construction across the mid-Atlantic, south-east and Texas, the projects will bring “strong economic development benefits” to local communities.
Additionally, Pine Gate said it has over 20GW of solar and storage large-scale projects in development throughout the United States.
Pine Gate senior vice president David Groleau said: “Our partners truly are the driving force in the growth of renewables in this uncertain environment.
“Solar gets done because partners are relentlessly driving forward their environmental commitments, no matter the market challenges or headwinds.”
“Pine Gate is excited to work so closely with some of the world’s most respected brands,” said Ben Catt, CEO.