USA’s P&G Collaborates with ENGIE for New Texas’ RE Project

Highlights :

  • American FMCG Company, Procter and Gamble (P&G) and USA-based utility services provider company ENGIE North America have recently announced the collaboration for a 200 MW power purchase deal from Engie’s Sun Valley Solar project.
  • According to the document, the Sun Valley project which is located 65 miles southwest of Dallas in Hill County (Texas) will supply P&G with 530,000 MWh of renewable energy yearly once production starts later this year, or enough to power a third of Cincinnati, Ohio, homes.
USA’s P&G Collaborates with ENGIE for New Texas’ RE Project

USA’s FMCG Company, P&G (Procter and Gamble) and utility services provider company ENGIE North America have recently announced the collaboration for a 200 MW power purchase deal from ENGIE’s Sun Valley Solar project.

What the Collaboration Offers

According to the document, the Sun Valley project, which is located 65 miles southwest of Dallas in Hill County (Texas) will supply P&G with 530,000 MWh of renewable energy yearly once production starts later this year, or enough to power a third of Cincinnati, Ohio, homes.

The project, which is a 5-MW component of Engie’s North American wind, solar, and storage operations, will have a capacity of 250 MW and supply 36,000 Hill county residents with electricity.

Both the companies (USA’s P&G and ENGIE North America) anticipate that the Sun Valley project will bring in about $8 million in tax income as well as an additional $18 million for the Abbot school district to support its teachers and infrastructure. To support local companies, the construction project has generated between 300 and 400 temporary jobs and six permanent positions.

By cultivating plants that benefit pollinators like bees and butterflies and by allowing 1,500 sheep to graze there to maintain the vegetation around the solar installation, the project will also sustain the local ecosystem.

Other Collaborations 

Recently,  Engie has signed a partnership with Google Cloud for the development of an Artificial Intelligence (AI) based energy solution to optimize the value of its wind portfolio of Engie on the short-term power markets. Also, Mubadala Investment Company signed a Memorandum of Understanding (MoU) with Engie for the development of a digital platform to enable the charging of electric vehicles in Abu Dhabi and the Middle East region.

Additionally, Engie North America completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and equity financing for the portfolio of these assets along with the Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
      SUBSCRIBE NEWS LETTER
Scroll