A 200 MWac project with 50 MW of battery storage for TVA.
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.
Origis Energy developed, constructed and will operate the projects for TVA. Each site will deliver electricity at competitive rates under Power Purchase Agreements (PPAs) executed between TVA and Origis.
“Our electric system is critical for both national security and economic development, and TVA is helping to build the domestic supply chain that will the foundation for American energy dominance,” said Jeremy Fisher, senior vice president, Business Strategy & Commercial Affairs. “We need transformative solutions, and TVA is taking a leading role in supporting energy independence while creating jobs and economic development in the communities we serve.”
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.
TVA reports that over the past five years, the region’s GDP has grown 2.9%, outpacing the national average of 2.4%, and the unemployment rate has dropped by 0.3% while the U.S. has grown by 0.4%.
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.
TVA reports that over the past five years, the region’s GDP has grown 2.9%, outpacing the national average of 2.4%, and the unemployment rate has dropped by 0.3% while the U.S. has grown by 0.4%.
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.
Major component suppliers include Boviet Solar, Sungrow, Nextracker and Prevalon Energy.
RES is providing construction services to Origis for the portfolio, employing an estimated 300 people.
Major component suppliers include Boviet Solar, Sungrow, Nextracker and Prevalon Energy.
Estimated economic benefits from the four projects in the complex include $185 million in near-term construction and hiring gains to the area. Over the life of the solar plants, they will provide another $250 million in estimated regional economic benefits.
Optimist will deliver clean energy and grid resiliency at competitive rates under Power Purchase Agreements executed between Origis Energy and the TVA.