EE North America To Develop 10 GW Of RE Projects In US By 2026

EE North America has announced its ambition to develop 10 gigawatts (GW) of renewable energy in the United States by 2026. It claims to be a market leader in the development of solar, wind and Power-to-X projects, which can produce green hydrogen, e-methanol and jet fuel.

EE North America is a subsidiary of the Copenhagen-based renewable energy company European Energy which is currently active in 26 markets globally.

Knud Erik Andersen, CEO of European Energy, said, “We are excited to expand our renewable energy project development expertise into the United States. European Energy views the U.S. as a critical market for solar and wind power, as well as technologies like Power-to-X that will be essential solutions in decarbonizing the hardest-to-abate sectors of the economy.”

The official statement held that EE North America recently opened a new office in Austin, Texas, to support its US development pipeline. The official statement held that the company has purchased over 7,000 acres of land to develop its first U.S. solar projects, including 1 GW of solar capacity in Texas and additional projects in the Western United States.

EE North America is also exploring investments in green hydrogen and e-methanol, which have applications in transportation, home heating, and heavy industry.

Parent company European Energy recently completed the largest electrolyzer order in the world (50 MW) with Siemens to develop the world’s first commercial large-scale e-methanol project. It also signed an agreement with the world’s largest shipping company A.P. Moller – Maersk to offtake up to 300,000 tons of e-methanol by 2025. Moreover, the company is partnering with multiple ports in Europe to produce green hydrogen.

Lorena Ciciriello, CEO, EE North America, held, “We have the expertise, partnerships, and global track record to deliver fully integrated clean energy systems that enable cross-sectoral decarbonization, while also creating new American jobs and ensuring local communities benefit for generations to come.”

The US federal government wants to achieve the carbon-neutral by 2050 and aiming for a 65 percent reduction in planet-warming greenhouse gas emissions by 2030.