Electricity and gas utility company National Grid Plc said on March 7 it agreed to buy U.S-based utility-scale wind and solar energy developer Geronimo Energy for at least $100 million.
National Grid said it was also progressing on an agreement to buy a 51% stake in 378 megawatts of solar and wind generation projects developed by Geronimo for $125 million.
The projects, which have long-term power purchase agreements in place, will be jointly owned by National Grid and Washington State Investment Board and operated by National Grid.
Manhattan Institute Fellow Mark Mills delves into the science behind why an energy system without any hydrocarbons would be very unstable and astonishingly expensive.
Taygete represents 7X Energy’s third solar installation in Texas, following the 136-megawatt Lapetus project and the 315-megawatt Phoebe project, a joint development with Longroad.
The annual wind energy event comes to oil and gas country. But, did you know, Texas is the leading state for installed wind capacity?