November 7 (Renewables Now) - RWE Renewables, the green energy unit of Germany’s RWE AG (ETR:RWE), has secured a 30-year power purchase agreement (PPA) for its 195.5-MW Broken Spoke Solar project in the US state of Georgia.
The photovoltaic (PV) park’s output will be supplied to Georgia Power, the largest electric subsidiary of the Southern Company (NYSE:SO).
Broken Spoke Solar will have more than 650,000 PV panels and a 40-MW, 2-hour battery energy storage device. It is planned to start power generation under the PPA near the close of 2021. RWE noted that this is its first solar project in Georgia and its largest solar project in the US.
RWE Renewables was formed recently as the newest subsidiary of the RWE group, following a major asset-swap with E.on SE (ETR:EOAN). The firm has more than 9 GW of installed renewable energy capacity, including 3.3 GW in the US. It also has 1.4 GW of onshore wind and solar parks under construction in the country.