Engie, a French energy utility company, has acquired 6 GW of solar and battery storage capacity from Belltown Power in the US. The portfolio consists 33 solar, storage, and standalone battery storage installations spread over the ERCOT, PJM, MISO, and WECC1 regions. The capacity is made up of 2.7 GW of solar projects, 0.7 GW of paired storage projects, and 2.6 GW of stand-alone battery projects. No financial details of the deal have been disclosed.
The agreement will extend Engie’s existing renewable energy and storage pipeline in the US. In North America, the company currently has 3.9 GW of installed renewable capacity. Engie, a company based in La Défense, provides services in the areas of nuclear, renewable, petroleum, natural gas, and electricity generation and distribution.
Engie partnered with Google to build an artificial intelligence (AI)-based wind energy solution. Under the agreement, Engie and Google Cloud’s AI Services and Industry Solutions would collaborate to develop a solution that can predict the price and quantity of wind power to be sold in the market.
