Grenergy has signed a long-term power purchase agreement (PPA) with Georgia Power for the sale of renewable energy and attributes for a period of 20 years , under the Clean and Renewable Energy Subscription (CARES) program 2023 .
The contracted volume will cover 100% of the production from the Beaver Creek hybrid project, estimated at approximately 400 GWh per year. Georgia Power will manage the battery market operations.
The Beaver Creek project, located in Baldwin County, Georgia, will have a solar capacity of 229 MW and battery energy storage of 183 MWh. Commercial operation is expected to begin in the third quarter of 2028, and the power purchase agreement (PPA) is expected to take effect in May 2029.
Grenergy has been operating in the US market since 2022, headquartered in Birmingham, Alabama. The company currently has a portfolio of 1.2 GW of solar capacity, 1.7 GWh of hybrid projects, and 2.3 GWh of stand-alone storage projects. It already operates two stand-alone storage facilities: Stadium (25 MWh) and La Feria (25 MWh), both located in Texas.
The company seeks to capitalize on the strong growth of data centers and the rise of artificial intelligence in the country, factors driving unprecedented energy demand and increasing the need for reliable capacity and storage solutions. In this context, Grenergy intends to replicate in the United States the PV + BESS model it has successfully implemented in Chile and is now also expanding across Europe.