Deriva Energy commissions 100MW PV plant in Mississippi, US

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A Deriva Energy solar project.
The Wildflower Solar project marked the first investment for the developer in Mississippi. Image: Deriva Energy.

Renewables developer Deriva Energy has reached commercial operations on a 100MW solar PV plant in the US.

Located in the southern state of Mississippi, the Wildflower Solar project is the first investment in the state from the US developer.

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A power purchase agreement was secured with Japanese automotive giant Toyota’s North American subsidiary.

Formerly known as Duke Energy Renewables, Deriva was acquired by asset owner Brookfield Renewables in 2023. The company has more than 6GW of operating renewable energy assets and more than 12.5GW in development across the US.

At the beginning of the year, the developer commissioned a 140MW solar PV portfolio in Colorado, a portfolio that was acquired a year earlier from German solar developer JUWI.

Mississippi had its best year in 2024, with nearly 1GW of solar PV installed and was among the states which saw the biggest jump from the previous two years, along with Ohio, Arkansas and Louisiana. The southern state still lags behind in cumulative installed capacity with more than 1.6GW, of which more than half was added in 2024.

According to data from trade body the Solar Energy Industries Association (SEIA), the state is set to more than double its installed capacity in the next five years with nearly 2GW of additions.

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