Microsoft to buy 230MW from Engie’s clean energy duo in Texas

Facebook
Twitter
LinkedIn
Reddit
Email
Microsoft HQ in Richmond, Washington. Source: Wikimedia Commons / Coolcaesar

Microsoft has purchased 85MW of solar energy from Engie as part of a broader agreement covering 230MW of clean energy generated by the developer's Texas operations.

The solar energy will be produced at Engie’s 200MW Anson solar centre in central Texas, estimated to come online in January 2021. The remainder of the deal's energy will be procured from the developer’s 200MW Las Lomas wind project in south Texas.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The length of the “long-term” power purchase agreement (PPA) has not been disclosed.

The partners hope that an “innovative volume firming agreement” (VFA) incorporated into the deal will set an example to industry as a procurement solution that makes PPAs less risky for buyers. According to a joint statement, the VFA “will convert the intermittent renewable energy supply into a fixed 24/7 power solution aligned with Microsoft’s energy needs.”

The PPA will bring the software giant's renewable energy portfolio to 1.9GW, according to the release.

A report published in September by Wood Mackenzie and the Solar Energies Industry Association said Microsoft was at the forefront of a boom of corporate solar procurement activity in the US. Seventeen percent of utility-scale capacity announced US-wide so far in 2019 were offsite corporate projects, according to the report.

So far this year, Microsoft has purchased 74MW of solar energy from Invenergy in North Carolina and inked a 150MW deal with First Solar in Arizona.

Engie has pre-existing relationship with the tech firm. Its plant data management platform, Darwin, relies on Microsoft’s cloud services.

US solar prospects amid PPA uptake and a changing policy landscape will take centre stage at Solar Media's Solar & Storage Finance USA, to be held in New York on 29-30 October 2019

22 October 2024
New York, USA
Returning for its 11th 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.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA