Energy company Total and solar-plus-storage developer 174 Global, a division of Hanwha Group, have formed a joint venture (JV) to develop utility-scale solar and storage projects with a total capacity of 1.6GW in the US.
The plants, which are to all be completed by 2024, will be built in Texas, Nevada, Oregon, Wyoming and Virginia, taken from projects that were already part of 174 Power Global’s development pipeline.
174 Power Global, the US solar arm of South Korean conglomerate Hanwha Group, recently secured funding from three investment banks to construct a 150MW solar farm in northwest Texas, which came online last year. The majority (5) of the JV’s projects will be located in Texas, with two to be built in Virginia, and one each in Oregon, Wyoming and Hawaii. Battery energy storage projects in Nevada and Hawaii are also in the pipeline.
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