A 150 MWac project with 50 MW of battery storage for TVA.
The three projects were developed, are being constructed and will be operated by Origis Energy, one of America’s leading renewable energy platforms. Each will deliver clean energy at competitive rates under Power Purchase Agreements (PPAs) executed between TVA and Origis. TVA will then use the power to help meet the sustainability goals of some of its large industrial customers, along with residents in Mississippi.
“TVA is a clean energy leader, and we’re working with partners, like Origis, to add solar power to our system to meet customer demand,” said Jeremy Fisher, SVP Commercial Energy Solutions with TVA. “Projects like these, ensure we can continue to provide affordable, reliable, resilient and sustainable energy to fuel the region’s economic growth.”
When completed, the Origis Mississippi complex for TVA will have a total solar capacity of 750 MW plus 350 MW of battery storage, bringing more locally produced energy production to industrial and retail customers.
Following the pandemic, TVA’s low-cost, clean and reliable electricity, coupled with unprecedented migration into the area, resulted in a rebound in economic growth in the region of 8% in 2021 and 3.5% in 2022.
Upon completion of the plants, Origis Energy Services will operate and maintain the portfolio, employing approximately 9 on-site jobs over the 35+ project life years.
Following the pandemic, TVA’s low-cost, clean and reliable electricity, coupled with unprecedented migration into the area, resulted in a rebound in economic growth in the region of 8% in 2021 and 3.5% in 2022.
RES is providing construction services to Origis for the portfolio, employing an estimated 300 people.
Upon completion of the plants, Origis Energy Services will operate and maintain the portfolio, employing approximately 9 on-site jobs over the 35+ project life years.
The utility-scale battery storage for each site is provided by Prevalon Energy, a rebranding of Mitsubishi Power Americas battery energy storage business.
RES is providing construction services to Origis for the portfolio, employing an estimated 300 people.
The utility-scale battery storage for each site is provided by Prevalon Energy, a rebranding of Mitsubishi Power Americas battery energy storage business.
Estimated economic benefits from the complex of four projects include $180 million in near-term construction and hiring gains to the area and approximately $250 million in estimated regional economic benefits over the life of the assets.
“Partnering with TVA on the Green Invest program has made it possible for our operations in the Tennessee Valley to be supported by new solar energy constructed in the region,” said Urvi Parekh, Head of Renewable Energy at Meta. “This solar farm is Meta’s first renewable energy project in Mississippi, and we’re excited to see it come online.”
“Origis Energy and TVA’s announcement of the commercial operation of Golden Triangle II represents a significant milestone in our commitment to advancing clean energy solutions,” stated Tom Cornell, President and CEO of Prevalon Energy. “We are honored to be part of this project, enabling more renewable generation in TVA’s service territory. By generating carbon-free electricity, this project not only supports Mississippi’s economic competitiveness but also contributes to a cleaner, brighter future for the region. We are excited to be part of this endeavor and look forward to continuing to support sustainable energy initiatives with Origis and TVA.”
Golden Triangle II will deliver clean energy and grid resiliency at competitive rates under Power Purchase Agreements executed between Origis Energy and TVA.