Entergy Louisiana and D. E. Shaw Renewable Investments (DESRI) began industrial operations at Daylight Highway Photo voltaic, situated in Washington Parish, Louisiana. The 50-MW photo voltaic facility in Franklinton, developed and constructed by DESRI, will provide energy to Entergy Louisiana’s grid by a 20-year energy buy settlement.
Credit score: D. E. Shaw Renewable Investments
With greater than 100,000 photovoltaic panels, Daylight Highway Photo voltaic will generate sufficient electrical energy to energy roughly 11,500 properties, serving to meet Louisiana’s rising demand for renewable power.
“With the addition of Daylight Highway Photo voltaic, we’re taking one other step towards a cleaner, extra sustainable power future for our state,” mentioned Phillip Might, Entergy Louisiana president and CEO. “This milestone represents extra than simply including solar energy to our portfolio; it’s about offering reasonably priced, dependable and clear power to our clients. We’re enthusiastic about what this implies for the way forward for energy in Louisiana as we proceed to satisfy the rising demand for renewables and work towards a net-zero future.”
Entergy Louisiana clients are anticipated to save lots of roughly $22 million over the time period of the Daylight Highway Solar energy buy settlement. The ability makes use of Nevados single-axis trackers, making the photo voltaic panels observe the solar all through the day to maximise power manufacturing.
”DESRI is thrilled to have developed and constructed one other renewable power mission in partnership with Entergy to help its clients”, mentioned Hy Martin, DESRI chief improvement officer. “We’re grateful to Daylight Highway Photo voltaic’s many stakeholders together with Washington Parish, Entergy, our landowners, mission lenders, Nevados and Primoris Renewable Vitality, and stay up for persevering with investments in clear, cost-competitive power that create alternatives throughout Louisiana and the broader Gulf Area.”
Daylight Highway Photo voltaic is the fourth photo voltaic useful resource Entergy Louisiana has added to its grid.
The corporate plans to convey the practically 50-MW Sterlington Photo voltaic facility on-line someday in 2026. The photo voltaic facility can be owned and operated by Entergy Louisiana and situated subsequent to the Sterlington Energy Station, one of many firm’s oldest energy crops in north Louisiana. These milestones align with Entergy’s dedication to reaching net-zero emissions by 2050.
Information merchandise from D. E. Shaw Renewable Investments
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