Eni SpA has signed an settlement to accumulate a 49 % stake in a portfolio of EDP Renewables tasks comprising two operational photovoltaic amenities and an under-construction battery vitality storage system (BESS) venture in California.
Sandrini 1, designed to supply as much as 100 megawatts of alternating present (MWac) and 141 MW of direct present (MWdc), and Sandrini 2 (200 MWac and 266 MWdc) share the identical grid infrastructure with the Sandrini BESS facility (368 megawatt hours).
Of the three crops’ complete capability of about 499 MWdc, Italian state-backed vitality main Eni, by its renewable vitality arm Eni Plenitude SpA Società Profit, could have a share of 245 MWdc. That may elevate Eni’s complete put in capability in the USA to 1.7 gigawatts, in accordance with Eni.
The photo voltaic farms’ mixed capability is sufficient for over 76,000 houses a yr, in accordance with EDP Renewables.
“Via this transaction we place ourselves within the California market, one of the crucial related for the event of renewables, additional diversifying Plenitude presence in the USA and confirming our dedication to put money into electrical storage methods”, Plenitude chief govt Stefano Goberti stated in a web-based assertion.
Sandrini 1 and Sandrini 2 every have a 15-year energy buy settlement with the Redwood Coast Vitality Authority (RCEA) and Shell Vitality North America, as introduced by EDP Renewables January 7.
“Energy from Sandrini II will present over a 3rd of the whole annual electrical want for patrons of RCEA’s neighborhood selection vitality program”, EDP Renewables stated.
“RCEA is one in every of 25 neighborhood selection aggregators (CCA) now serving communities in California”, it added. “Sandrini II provides to eight,000 MW of recent clear vitality assets introduced on-line so far by California’s CCAs.
“A further 10,000 MW of recent clear assets are in contract with these CCAs and are at present below growth or development”.
Eni’s acquisition must hurdle approvals required by legislation, Eni stated.
Earlier this month Eni stated it had accomplished development for the 200-MW Guajillo plant in Webb County, Texas, its greatest BESS facility.
Geared up with lithium-ion LFP batteries, the ability is ready to begin industrial operation by mid-2025.
“The plant was constructed proper subsequent to one in every of Plenitude’s largest working photo voltaic farms, Corazon Photo voltaic Farm, additionally to maximise operational synergies and consolidate the corporate’s presence within the space, the place it operates on about 800 hectares web site”, Eni stated January 13.
“Guajillo will play an necessary function in stabilizing the native energy grid, contributing to the effectivity of your entire area’s energy system, which is experiencing a really robust progress in electrical energy era from renewable sources”, it added.
Patrick Monino, head of Plenitude Renewables North America and managing director of Eni New Vitality U.S., stated, “Giant lithium-ion batteries are a quickly increasing expertise, enabling an rising penetration of renewable energies in electrical methods”.
Final yr Eni’s put in era capability from renewable sources rose to 4 GW, a objective it outlined in its 2024–27 plan revealed March 14, 2024. That’s because of about 400 MW added in Spain, which now hosts 950 MW of Plenitude’s renewables capability.
An extra 820 MW is below development in Spain, anticipated to be accomplished 2025 and 2026, Eni stated in a press release January 7, 2025.
Globally, Eni by Plenitude plans to achieve over eight GW of put in RE capability by 2027, and 15 GW by 2030.
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