EDF and Enlight advance solar-plus-storage projects in the US

By April Bonner
Facebook
Twitter
LinkedIn
Reddit
Email
Enlight closed the financing for the Roadrunner project through its US subsidiary Clēnera Holdings. Image: Enlight Renewable Energy.

Project update news from the US, where EDF Renewables has started work at its 150MW Milagro solar-plus-storage project in New Mexico, while Enlight Renewable Energy has completed two tax equity partnerships for its 290MW Roadrunner solar-plus-storage project in Arizona.

The former project is co-located with a 75MW/300MWh battery energy storage system (BESS). Milagro will supply electricity to utility El Paso Electric (EPE) under a 20-year power purchase agreement (PPA).

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

EDF signed the PPA with EPE in 2023. Milargo marked the first solar-plus-storage in New Mexico for EDF Renewables.

Situated on private land in the Santa Teresa area of Doña Ana County, New Mexico, the Milagro solar-plus-storage project is designed to store electricity generated during peak hours in a series of batteries.

The latter project, meanwhile, is teamed with a 290MW/940MWh storage facility and the agreements were closed through Enlight’s US subsidiary Clēnera Holdings.

The initial agreement with J.P. Morgan Chase Bank concerns the project’s 290MW solar component. It features a tax equity contribution at the commercial operation date (COD) and additional pay-go payments during the first ten years of operation.

The second agreement with M&T Bank and First Citizens Bank offers tax equity financing for the 940 MWh storage component at COD.

Together, the two partnerships account for about US$340 million in tax equity commitments at COD, with expectations to rise to nearly US$390 million when pay-go contributions are included.

Read this story in full on our sister site, Energy-Storage.news.

PV Tech publisher Solar Media will host the 12th edition of the Solar & Storage Finance USA event on 21-22 October 2025 in New York. Panellists will discuss the fate of US solar and storage in a post-subsidy world, the evolving economics of standalone BESS and de-risking solar and storage supply chains.

Attendees are encouraged to respond to an anonymous survey on the US solar and storage sector, that will shape discussions at the summit. Tickets for the event are available on the official website.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

October 3, 2025
Renewables developer Madison Energy Infrastructure has bought the US distributed generation assets of NextEra Energy Resources.
October 3, 2025
SunStrong Management has raised US$900 million to refinance a 'large portfolio' of residential solar assets developed by SunPower.
October 3, 2025
The US solar manufacturing industry is feeling bullish, despite the policy whiplash inflicted over the summer and the increased pressure on US solar supply chains.
October 2, 2025
PV products using perovskite technology could assume a dominant position within the next ten years, according to module producer Qcells' CTO.
October 1, 2025
North Carolina-based engineering, procurement and construction (EPC) company Blue Ridge Power has laid off more than 500 of its employees at two locations.
October 1, 2025
Italy has released the results of its latest solar auction, which includes 273 expressions of interest for a combined capacity of 3,161MW.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland