National Grid Renewables has announced the execution of two PPAs for its 270MW Blevins Solar Project in Falls County, Texas.
Under the PPAs, Fujifilm has contracted 125MW, and Bristol Myers Squibb has contracted 145 MW of solar power.
Blevins is expected to begin construction in 2024 and reach operations in 2025.
Including the Blevins project, National Grid Renewables has a total investment of nearly 1GW of renewable energy projects in ERCOT, including Great Plains Wind Farm, Noble Solar & Storage Project, and Copperhead Solar & Storage Project.
Blevins is the second National Grid Renewables project located in Falls County, marking a significant commitment to bringing clean energy and associated benefits to local residents.
It is anticipated to benefit local and statewide communities through the production of millions of dollars in new tax revenue and landowner income, the creation of new jobs, and local spending, the developer said.
The project community will also benefit from a dedicated charitable fund, which is unique to National Grid Renewables amongst its competitors, it added.
In total, Blevins’ direct economic impact is estimated by National Grid Renewables to reach approximately US$35m over the first 30 years of operation.
Blake Nixon, president of National Grid Renewables, said: “Blevins represents our strong belief that renewable energy projects deliver a sustainable and reliable source of power, all while invigorating the local economies and unlocking new potential for both direct and indirect revenue streams.
“Projects like Blevins not only benefit Texas with a clean energy solution, but they also provide reliability and security for the overall electrical grid.”