juwi has contracted with Tri-State for the supply of electricity from four new solar projects in Colorado, worth a combined generational capacity of 500 MW
German renewable power supply company, juwi has announced that it has contracted with Tri-State Generation and Transmission Association on the supply of electricity from power purchase agreements (PPAs) for four new solar projects in Colorado, which along with one project previously announced and yet to be constructed, will result in more than 500 megawatts (MW) of emissions-free renewable resources being added to Tri-State’s power supply portfolio by the end of 2023.
The four Colorado solar projects to be added to the portfolio by the end of 2023 include:
• Axial Basin Solar, a 145-MW project in Moffatt County,
• Coyote Gulch Solar, a 120-MW project located in La Plata County,
• Dolores Canyon Solar, a 110-MW project located in Dolores County,
• Spanish Peaks Solar, a 100-MW project, and Spanish Peaks II Solar, a 40-MW project, located in Las Animas County.
These solar projects are part of Tri-State’s Responsible Energy Action Plan. According to the firm, the renewable energy projects and other actions set in motion under the Responsible Energy Plan are part of the most transformative change in its 67-year history.
“We are very much looking forward to implementing these projects for Tri-State and appreciate the trust placed in our experienced team and our work,” says Stephan Hansen, member of the board and COO of the juwi group. “The solar market in the USA is growing. More and more energy suppliers increase their regenerative generation capacities as part of decarbonisation plans. The firm is well-positioned to participate in the increasing demand for inexpensive and climate-friendly solar energy.”
When completed, the four solar projects will provide enough generation to meet the electricity needs of over 165,000 households. juwi will build, own and operate the projects under separate power purchase agreements with Tri-State.