Southern Power, a leading wholesale energy provider and subsidiary of Southern Company, has recently made significant strides in expanding its renewable energy portfolio. The company successfully acquired two notable solar facilities: the Millers Branch Solar Facility in Texas and the South Cheyenne Solar Facility in Wyoming. With these additions, Southern Power further bolsters its commitment to sustainable energy solutions.

The Millers Branch Solar Facility, a 200 MW project situated in Haskell County, Texas, is scheduled to attain commercial operation in the fourth quarter of 2025. Upon completion, the facility will generate electricity and renewable energy credits, which will be primarily distributed through a 20-year virtual power purchase agreement with Thermo Fisher Scientific. This collaboration will enable Thermo Fisher Scientific to fulfill its ambitious net zero-by-2050 commitment and drive meaningful progress towards a greener future.

In Wyoming, the South Cheyenne Solar Facility is currently under construction and marks Southern Power’s first solar endeavor in the state. Qcells USA, the developer of the project, is also responsible for its engineering, procurement, construction, and module supply. Anticipated to begin commercial operation by the first quarter of 2024, the South Cheyenne Solar Facility will further strengthen Southern Power’s renewable energy portfolio.

Southern Company, along with its subsidiary Southern Power, is committed to achieving approximately 20 GW of renewable capacity by 2030. The latest acquisition of the Millers Branch and South Cheyenne Solar Facilities contributes to this ambitious goal, solidifying Southern Power’s position as a key player in the renewable energy sector.

In conclusion, Southern Power’s recent acquisition of these solar facilities in Texas and Wyoming marks a significant step forward in their pursuit of sustainable energy solutions. The company’s dedication to expanding its renewable fleet will contribute to a cleaner and more environmentally conscious energy landscape. With a steadfast commitment to the future of energy, Southern Power continues to shape the path towards a greener tomorrow.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.