The aggressive retail market subsidiary of American Electric Power is contracting with an unbiased agency which can develop an 80-MW photo voltaic plant in West Virginia.
Under phrases of the deal, Opdenergy will develop the photo voltaic venture in Jefferson County. AEP Energy will take the vitality generated to its prospects by means of its Integrated Renewable Energy answer—a long-term, fastened worth plan to assist new and regionally sourced clear vitality.
“AEP Energy is proud to associate with Opdenergy so as to add to our rising portfolio of renewable vitality sources. This venture will guarantee we are able to proceed to ship clear, dependable vitality to prospects who’ve chosen our IRE answer, whereas additionally offering priceless financial advantages to the jap panhandle of West Virginia,” stated Greg Hall, president of AEP Energy.
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The plant is predicted to be linked by the top of 2022. Once operational, it’ll generate greater than 153,000 MWh per yr.
Luis Cid, CEO of Opdenergy, acknowledged, “We are very excited to signal this settlement with such a terrific associate within the U.S. as AEP Energy. This venture can be a really optimistic endeavor for each corporations and the local people. We will proceed to work to extend our place in a market as essential because the United States and to contribute to the implementation and growth of fresh vitality within the nation.”
AEP Energy provides electrical energy and pure fuel to greater than 500,000 prospects in six states and Washington, D.C.
Opdenergy is a world agency with about 9 GW of photo voltaic and wind in its renewable vitality venture pipeline, in response to the corporate.
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