European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona

EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states.

The official statement of EE North America held that the solar and storage projects are expected to start construction gradually between 2023 and 2025.

“This portfolio will provide the clean energy that customers demand while also making a significant contribution to meeting net-zero goals in the region,” said Lorena Ciciriello, CEO of EE North America. “We look forward to working with Elio Energy on this major investment in the future of energy in region.”

Elio Energy Group is a greenfield utility-scale renewable project developer with focus on solar and battery energy storage across the southern US. It has more than 2.5 GW under active development along with a 6 GW pre-development pipeline.

“The partnership with European Energy will accelerate the development of large-scale solar and storage projects in Arizona and surrounding states by providing the requisite financial security while supporting the renewable procurement goals of the IOU’s and Cooperatives,” said Daven Mehta, CEO of Elio.

Earlier this year EE North America announced its entrance into the U.S. market, leveraging its expertise in renewable energy project development and partnerships with other industry-leading firms.

EE North America said that it has ambition to develop 10 GW of renewable energy in the United States by 2026, helping state and local governments across the US achieve net-zero goals.

“In addition to our expertise in renewable energy, EE North America offers a range of commercially mature and financially viable energy solutions that can help address sectors of the economy that are difficult to decarbonize, including transportation, shipping, and industry,” added Lorena Ciciriello.

EE North America’s parent company, European Energy, develops solar, wind and Power-to-X projects globally. It has recently secured the development of the world’s first large-scale commercial e-methanol production facility and the largest offshore wind turbine to date.