That was Eagle Solar Group, which hails from Arizona. The hedge fund, also known as DESRI, is seeking to expand around the 210-acre farm by 3,900 more acres in the area with different investors. pv magazine offers daily updates of the latest photovoltaics news. Power from those farms would go to Entergy Louisiana, which supplies power to St. James, Baton Rouge, New Orleans and many other parts of the state. However, the process is not far enough along for companies to start submitting proposals for projects. Parish officials estimate that Pointe Coupee probably has room for one more solar farm at least for the next decade. Power from those farms would go to Entergy Louisiana,which supplies power to St. James, Baton Rouge, New Orleans and many other parts of the state. SWEPCOs long-term plan calls for more than one-third of its Southwest Power Pool accredited capacity to be satisfied with wind and solar resources. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. Shaw Investments, which has emerged as the developer of seven of Louisiana's 16 proposed large-scale solar farms. Solar panel technology is not new but the cost to build solar farms has dropped significantly in recent years. 3127 and west of La. RECURRENT ENERGY:Outside of Bastrop in Morehouse Parish, a subsidiary of publicly traded Canadian Solar, which manufactures solar panels and constructs projects, is buildingBayou Galion Solar Project. Created by, the average costs for installing solar in Louisiana. The facility was recently acquired by Helios Infrastructure, a joint venture between Sol Systems and publicly traded Nationwide Insurance. "The resources that will replace this low-sulfur coal-powered generation will be a diverse mix of power generation, which will include zero-carbon renewable energy resources.". Louisianas first utility-scale solar farm, which is 50 megawatts, is in West Baton Rouge Parish and is being connected to the power grid under a 20-year power That's being driven by environmental, social and corporate governance initiatives that institutional investors have embraced and by customer demand, he said.. As of July, the only outside utility-scale solar project already selling power is in West Baton Rouge Parish and operated by a subsidiary of Helios Infrastructure, which acquired that project from its initial developers. Each project would support a range of 160 to 300 construction jobs, developers said. New solar farm in West Baton Rouge with Entergy electricity contract sold; more under construction, Lafayette Utilities System trying to go green with solar energy push; seeking proposals, West Baton Rouge leaders pump brakes on solar farm construction to address resident complaints, With more solar farms in the works, West Baton Rouge leaders move to require permits, A reeling Louisiana oil and gas industry anticipates another setback: Loss of federal subsidies, Economic incentives unanimously approved for $410M ExxonMobil project, new $308M solar farm, New $98M solar farm pitched in Louisiana as utilities look to buy more renewable power, Louisiana businesses face reality of no new federal offshore leases anytime soon. The company doesn't typically invest in projects unless "power purchase agreements" at least 15 years or longer are available to justify financing used for solar power development. An economic impact assessment from D.E. The answers may surprise you, Rural Louisiana could see 7 new large-scale solar projects worth nearly $1 billion; see map, Entergy gave shifting rationales for New Orleans East plant at center of Ida response, Rooftop solar systems survived Hurricane Ida; in blackout, some powered neighbors, too. Even without government subsidy, utility-scale projects of 10 megawatts of solar power and above, is the cheapest form of electricity, according to global research firm Lazard. So, it's a way that doesn't tax or put on burden on our infrastructure like some other forms of economic development might require," he said. "Solar is no longer experimental," the utility told the state Public Service Commission last month. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. MASSIVE Electric Bike Buyers Guide All the Biggest Brands & Models, NIO ES8 The Chinese Electric SUV Outselling The Tesla Model X, Nukes, Renewables, and the Union of Concerned Scientists, Reality Check Correcting the Cleantech Record, Solar Panel Installers Top Solar Panel Installers & How To Evaluate Them, Switching to an Electric Fleet Learn About Charging, Payments, & More, Testimonials: Why Readers Love CleanTechnica. Louisiana farmers already have complained that they cannot compete with the per-acre lease price solar companies are willing to pay for land. Complete our National Solar Database Survey! New York City-based D.E. Local elected leaders will direct these new tax revenues to meet their current or future needs," LED Secretary Don Pierson said in the statement. Thibodaux Solar is not yet registered in Louisiana but is in Delaware, incorporated in mid-June this year as a shell business. Two solar farms are near completion in St. Solar projects like this are being developed all over the state and nation, and they are a critical new part of our countrys energy industry.. Ecoplexus executives did not respond to repeated requests for comment. It is planning a Silicon Valley has been the main high tech and venture capital hub in the US for decades. "The calls for further evaluation by the Council is especially rich given how freely its members have allowed the petrochemical industry to expand in majority Black areas.". Capital Region Solar Project . The farm, owned by the hedge fund D.E. The content produced by this site is for entertainment purposes only. The project includes 199 MW Sundance, 287 MW Maverick and 998 MW Traverse wind projects. NEW ORLEANS (AP) Solar power companies are looking to build at least seven big projects in rural Louisiana, including three in one unincorporated community. 20 and La. By Davon Cole. The officer of the Louisiana incorporated business is John Clifford, an executive at Galehead, records show. Instead, it's likely the new electricity generation cost, as with the addition of any other new capacity, would be added to monthly bills spread across all ratepayers. "It's about striking a balance. In the Gulf South, however, the large, open tracts of agricultural land allow for a cheaper upfront cost to set up capital intensive solar installations near a market and on an existing electrical grid with a growing demand for renewable power, Dismukes noted. Privately held Savion LLC is under Green Investment Group and an indirect subsidiary of publicly traded Macquarie Group in Australia. The St. James Solar farm in Vacherie collects the rays of the sun and turns them into power for the New Orleans area on Thursday, July 7, 2022. Shaw is planning $484 million of investment in Louisiana spread across six disclosed projects that are seeking economic incentives or already had them approved. This information came from an advance notification filed with Louisianas economic development office. Solar power companies are proposing another seven large-scale solar-power projects valued at about $1 billion in rural areas of southeast Louisiana at a time when the fledgling industry has drawn objections from rural residents and the scrutiny of parish officials, state lawmakers and regulators. The St. James Solar farm in Vacherie collects the rays of the sun and turns them into power for the New Orleans area on Thursday, July 7, 2022. Two are already constructed in West Baton Rouge Parish and New Orleans East; two are under construction in Washington and St. James parishes; and three more were put out vying for a contract with Entergy for proposals in West Baton Rouge, East Feliciana and Morehouse parishes. Your email address will not be published. Thibodaux Solar Project LLC looks to spend $200 million on a 200 megawatt solar farm in Lafourche Parish near Rosedown Drive and Levert Road in Thibodaux. Shaw was founded in 1988 by David E. Shaw, who holds a Ph.D. from Stanford and has expertise in computational biochemistry. To put that 600 megawatts into perspective, solar power would amount to just 3% of the utility and public power generation capacity in Louisiana if it were part of the current mix compared to natural gas, 70.9%; nuclear power, 11.3%; coal, 9.6%; petroleum coke and liquids, 4.9%; and hydroelectric and biomass, 0.3%. In the St. James community of Vacherie, two proposed solar projects, SJ Louisiana Solar and Vacherie Solar Energy Center, would cover 3,900 acres of west-bank sugar cane fields and add to an existing 210-acre complex known as St. James Solar. Parish officials are worried the expanded solar farms could displace future homes, commercial businesses or industrial plants on the prime land near the Mississippi River. Climate change denial on Facebook, YouTube, Twitter and TikTok is as bad as ever, False claim that replacing cornfields with solar panels exacerbates climate change, Your California Privacy Rights / Privacy Policy. Join our newsletter. Email notifications are only sent once a day, and only if there are new matching items. 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The cost of decommissioning is born by the developer.". Save my name, email, and website in this browser for the next time I comment. Shaw's projects are Iris Solar, 50 megawatts for $75 million, and Sunlight Road Solar, 50 megawatts for $56 million, both near Franklinton. So far, D.E. Officials in rural Louisiana grapple with 'going solar' as utilities, industry drive demand. Email notifications are only sent once a day, and only if there are new matching items. https://pv-magazine-usa.com/2021/10/06/hurricane-resistant-solar-and-energy-storage-microgrid-to-be-built-in-puerto-rico/#respond, Court rules that inverter sizing guides grid connection, Retaining value for solar customers under California NEM 3.0 rule change, California pulls the plug on rooftop solar, U.S. Two solar farms controlled by New York-based D.E. In June, a new proposal process began and Entergy expects to start negotiations soon with companies interested in building three additional solar farms in West Baton Rouge, East Feliciana and Morehouse parishes, if power purchase contracts are awarded. Shaw's projects near completion. D. E. Shaw Renewable Investments (DESRI) announced the signing of a long-term renewable energy off-take agreement with Southwestern Electric Power Company If you can lock in that long-term pricing then the customers have a better chance of receiving those benefits as opposed to shouldering those costs.". The Vacherie Solar Energy Center (Vacherie) will be a 150-MW AC facility in St. James Parish, Louisiana; The SJ Louisiana Solar Project (SJ Solar) will be a 150-MW AC
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