Three power purchase agreements were signed on National Grid Renewables‘ under-construction Noble solar + storage project sited in Denton County, Texas. Noble will be 275 MW of solar and 125 MWh of battery storage.
The Home Depot and NRG have each executed individual 100-MW solar PPAs and The Hershey Company has contracted for a 50-MW solar PPA.
National Grid Renewables
“Our partnership with National Grid Renewables reinforces our commitment to reduce our impact by continually improving the efficiency of our operations and expanding investments in renewable and alternative energy,” said Ron Jarvis, chief sustainability officer at The Home Depot. “We are on track to meet or exceed our goal to procure or produce 335 MW of renewable or alternative energy by 2025.”
Noble is anticipated to begin operation in the first half of 2022. During construction, Noble is anticipated to employ approximately 250 workers and throughout the first 20 years of operation the array is projected to generate approximately $26 million in new tax revenue, 3 to 5 on-site operations and maintenance jobs and over $1 million in donations funded by Noble through a local charitable initiative.
“The call to decarbonize our economy continues to grow,” said Robert Gaudette, senior VP of NRG Energy. “We look forward to taking another step toward a more sustainable energy future. Through renewable energy and the support of local communities, we are able to provide our customers with more energy solutions.”
Noble will use next-generation Series 6 thin-film solar modules developed and produced by First Solar.
“National Grid Renewables is proud to work with some of the nation’s most prominent businesses to bring Noble forward for the local community of Denton and the state of Texas,” stated David Reamer, Head of Development, US Onshore Renewables for National Grid Renewables. “Like all renewable energy projects, Noble will provide impactful, cost-effective, and reliable clean energy generation that will create tremendous economic benefits for local businesses and residents.”
