Engie acquires US developer’s 6GW solar and storage pipeline

By Will Norman
LinkedIn
Twitter
Reddit
Facebook
Email

French utility giant Engie has acquired 6GW of solar and battery storage projects from Belltown Power in the US, continuing to strengthen the group’s project pipeline across the country.

The 33 early to late-stage projects include 2.7GW of solar, 0.7GW of solar-plus-storage and 2.6GW of standalone battery energy storage systems (BESS) spread across the country through ERCOT, PJM, MISO and WECC.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The portfolio will accelerate clean energy development across the US and “contribute to the flexibility of the grid to improve its reliability and resilience”, Paulo Almirante, senior executive VP in charge of renewable, energy management and nuclear activities at Engie said.

Engie already has 3.9GW of installed capacity in North America as of June 2022. “This acquisition is a perfect illustration of ENGIE’s strategy to accelerate our investments in renewable energy in our key markets,” Almirante said. “It is an important step towards achieving our goal of 80GW of installed renewable capacity by 2030.”

In April this year, Engie acquired fellow French developer Photosol’s US operations consisting of 17 early-stage solar and energy storage projects. The acquisition of Belltown considerably bolsters the company’s renewables pipeline in the US, pushing it into double figures after the 4GW Photosol deal.

Belltown Power had sold 14 projects amounting to approximately 2.5GW as of November last year, as reported in PV Tech sister site Energy-Storage.News. This sale speaks to a significant growth in the last 12 months for the Texas-based PV and energy storage developer, in a period when the introduction of the Inflation Reduction Act (IRA) has seen solar manufacturing and development receive significant tax credits.

This story first appeared on PV Tech.

Read Next

July 1, 2025
Spanish developer and independent power producer (IPP) Zelestra has reached financial close for its hybrid 1GWh BESS and solar PV plant in Chile.
June 26, 2025
A new partnership aims to deploy an integrated solution combining solar PV with sodium-ion batteries at commercial and industrial (C&I) sites in Southeast Asia.
June 26, 2025
Renewable energy developer ACE Power has received development approval for a 200MW/800MWh solar-plus-storage site in Western Australia.
Premium
June 25, 2025
Intersect Power has become the latest player in the energy storage space to feel the adverse effects of tariff increases and policy uncertainty.
June 25, 2025
JinkoSolar has submitted plans for a 1,440MWh solar-plus-storage project in New South Wales to Australia’s EPBC Act.

Most Popular

Email Newsletter