A recently inked deal pairs Innogy and Birdseye Renewable Energy to jointly develop a solar PV portfolio for the southeast United States.
Innogy will gain exclusive rights for 13 solar PV projects currently owned by North Carolina’s Birdseye. The projects have a cumulative capacity of 440MW and are at various stages of development.
PV Magazine says both companies indicate high solar irradiance, a competitive cost environment and a positive macroeconomic outlook as reasons for the increased growth of renewable energy, particularly solar PV.
The first three projects located in North Carolina, have a cumulative capacity of 20 MW. Construction of these is slated to begin in 2019. The remainder of the project pipeline – in North Carolina, South Carolina, Georgia and Mississippi – totals 420 MW.