SWEPCO seeking authority to buy 200MW solar project in Louisiana

SWEPCO has sought approval to acquire Invenergy’s solar PV development in Louisiana for a capacity of 200MW. Image: Invenergy Renewables.

US utility Southwestern Electric Power Company (SWEPCO) has sought approval from Louisiana’s regulators to acquire a solar project in that state.

Located in Caddo Parish, the 200MW solar PV is being developed by Invenergy and is expected to be operational by the end of 2025.

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

Alongside the solar park in Louisiana, the American Electric Power (AEP) subsidiary has also sought approval to acquire two wind projects from Invenergy in Arkansas and Texas with a total capacity of 799MW.

Total investment for the three renewable projects represent US$2.2 billion, with the utility expecting to issue another request for proposal (RFP) in the near future.

Nicholas K. Akins, CEO and chairman at AEP, said: “This investment is another key step in SWEPCO’s efforts to secure renewable, affordable energy and achieve a more balanced fuel mix.”

This would not be the first solar transaction SWEPCO has made in Louisiana this year, as last February it signed a PPA with solar developer and operator D. E. Shaw Renewable Investments (DESRI)  for a total capacity of 72.5MW, which is expected to come online in late 2024.

Moreover, AEP has been aiming to add north of 16GW of renewable energy to its portfolio by 2030, which would represent 50% of total capacity of the company.

21 March 2024
This special webinar will look at one of the most important changes impacting PV manufacturing today; how to establish and sustain new facilities around the world. For more than two decades, policy-makers have grappled with the challenges of nurturing domestic manufacturing sectors. Many countries have tried to create domestic sectors: Japan, Taiwan, South Korea, India, Europe and the U.S. But success stories have been rare. Mistakes seem to be repeated. And all the while, Chinese dominance of the industry has only increased. However, in the past 2-3 years, new drivers have emerged that suggest the dream of a global PV manufacturing ecosystem could be a reality. Join us as we shed light on this.
21 May 2024
Understanding the PV module supply to the U.S. market in 2024 & 2025. The conference gathers together developers, independent power producers and module suppliers to the U.S. solar market as well as EPCs, banks, investors, technical advisory and testing & certification specialists.
8 October 2024
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 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.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 28, 2024
Seattle, USA
Solar Media Events, Industry Events
March 12, 2024
Frankfurt, Germany
Upcoming Webinars
March 13, 2024
9am EDT / 1pm GMT / 2pm CET
Solar Media Events
March 19, 2024
Texas, USA