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United States: Investments in Solar

In the United States, Acciona Energía continues to grow and will double its installed capacity to more than 2,600MW.

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In the United States, Acciona Energía continues to grow and will double its installed capacity to more than 2600MW.

Multiple projects

In the United States, Acciona Energía is building on its solar photovoltaic projects. The company benefits from the inflation reduction law. Indeed, according to the American Clean Power Association, this legislation will add up to 550GW of new clean energy by 2030.

Joaquin Castillo, CEO of ACCIONA Energía North America states:

“We recently broke ground on the Red-Tailed Hawk solar project. This project is located in Wharton County, Texas, and is the company’s second solar PV project in Texas. It is one of four projects under construction that will bring us closer to doubling our installed capacity by the end of 2023.”

The Red-Tailed Hawk solar park in the United States has an installed capacity of 460MWdc. It is also Acciona Energía’s largest solar photovoltaic project in the world.

Fort Bend, Texas, with a capacity of 316MWdc, is the company’s first photovoltaic project in the United States. The 127MWdc High Point solar farm in Illinois nestles in the EcoGrove wind farm. Finally, the Union County solar farm has 415MWpc and is one of the largest farms in Ohio.

Economic benefits

These four projects represent an investment of $1.3 billion in the United States. In addition, they will create up to 1600 jobs during their construction. After completion, these projects will boost tax revenues without increasing demand for local services.

In addition, a portion of the annual revenues from the project will be used to support the community’s budget. The initiative is part of a CSR program. As such, it aims to support education, social initiatives and environmental governance in the communities where the group operates.

Acciona Energía owns and operates 10 wind farms in the United States, representing more than 1GW of wind power capacity. Similarly, it draws 64MW from its Nevada Solar One solar plant. Once construction of the four solar farms is complete, the company will have 2GW of solar and wind capacity in the United States.

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