US renewable energy provider Origis Energy has announced a power purchase agreement (PPA) with the Tennessee Valley Authority (TVA) for a significant solar project in Mississippi, which will feature a 200-MW solar facility alongside a 200-MW/800-MWh energy storage system.
The Hope solar plus storage complex, to be developed, built, and operated by Origis, aims to support the growing population and economic development in the region.
Located in Clay County, the project is anticipated to become operational by the end of 2028, pending the completion of all necessary permits and approvals.
This latest project expands the collaboration between Origis and TVA, increasing their Mississippi renewable energy portfolio to four projects, which collectively will provide 750 MW of solar energy and 350 MW of storage. One of the existing sites commenced commercial operations earlier this year, while the other two are currently under construction.
Johan Vanhee, chief commercial and procurement officer for Origis Energy, emphasized the benefits of this partnership for various stakeholders. “Industrial customers benefit by meeting their decarbonisation goals. Residential customers benefit from clean energy that contributes to reliable, affordable, predictable rates. Communities near these projects benefit through the economic activity of construction and job growth from industries these projects attract.”
The new facility is projected to deliver USD 182 million (EUR 163 million) in near-term construction and hiring benefits to the local area.
