Spain's Opdenergy secures nod for 160-MWp solar PPA in Louisiana

Spanish renewables developer Opdenergy Holding SA (BME:OPDE) said on Thursday that it has secured regulatory approval to sell electricity from its 160-MW (direct current) solar farm in the US state of Louisiana to a local utility.

Back in November 2021, Opdenergy announced signing a 20-year power purchase agreement (PPA) with Entergy Louisiana, committing to deliver the utility the entire output from the Elizabeth solar PV project. On Wednesday, the Louisiana Public Service Commission approved the power procurement.

The project is located in Allen Parish. Opdenergy expects to start construction in early 2023, and connect the Elizabeth plant to the grid in the first half of 2024. Once up and running, the solar farm will be capable of generating some 302 GWh per year, the Spanish developer said.

In a separate statement, Entergy said the Commission also approved its purchase of 350 MW of solar power under PPAs and a build transfer agreement with D.E. Shaw Renewable Investments (DESRI). DESRI’s projects are sited in St James Parish and Washington Parish.

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