Skip to main content

S&P Global Market Intelligence ($):

Avangrid Renewables LLC and Primergy Solar agreed to jointly develop 600 MW of solar projects and 480 MW of battery storage systems to replace the 522-MW coal-fired North Valmy Station in Humboldt County, Nev.

Primergy Solar, a portfolio company of Quinbrook Infrastructure Partners Pty Ltd., acquired the facilities from the Avangrid Inc. subsidiary in May. The two parties now agreed to work together in completing the site development of the projects.

The portfolio in the agreement comprises the 350-MW Hot Pot Solar Project paired with a 280-MW, 4-hour battery storage component, and the 250-MW Iron Point Solar Project with a 200-MW, 4-hour battery storage component. The solar and storage projects are expected to reach operations in 2023 and 2024.

“What makes this project unique is its location in northern Nevada where there hasn’t been significant solar development activity. These projects will contribute substantially to transitioning the Silver State to a low-carbon energy future,” Avangrid Renewables CEO Alejandro de Hoz said in a July 22 news release.

Under the agreement, Avangrid Renewables will perform development services for the projects, while Primergy will oversee the detailed design, procurement, financing, construction and start of commercial operation.

[Selene Balasta]

More: Avangrid, Primergy to jointly develop over 1 GW of solar, storage in Nevada

Join our newsletter

Keep up to date with all the latest from IEEFA