Origis commissions Golden Triangle II solar and storage project

“Solar energy enhances Mississippi’s economic competitiveness, and Origis is removing barriers to a cleaner and brighter future by building clean energy infrastructure in the region,” said Johan Vanhee, Origis chief commercial and procurement officer. “Golden Triangle II is the first step in supporting a statewide zero-carbon economy that supports our nation’s economic goals and energy security.”

Origis signed a power purchase agreement (PPA) to sell power generated by the projects to the Tennessee Valley Authority (TVA) utility at what the companies called “competitive rates.” TVA will use the energy to meet the energy needs of its large industrial customers, including Meta, which is one of the leaders in clean energy in the U.S., after signing a PPA with Pine Gate Renewables earlier this week.

TVA has announced plans to expand its renewable energy portfolio in recent years, with a goal of adding 10 GW of new solar generation capacity by 2035, up from the current 2.4 GW. TVA operates primarily in Mississippi, which has one of the smaller U.S. solar sectors, and the Solar Energy Industry Association (SEIA) expects developers to add just 2.2 GW of new capacity to Mississippi’s solar sector over the next five years24^vol among states.

In January, Origis announced it had received $317 million in financing from JP Morgan to support the development of both the Golden Triangle II project and the 200 MW Escalante Solar project in New Mexico.