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Avangrid's 238-MW True North Solar Project Achieves Commercial Operation

LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.

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Qcells and Nofar USA Sign Agreement to Develop Energy Storage Projects in Texas

LCG, March 26, 2025--Qcells USA Corp. (Qcells), a wholly owned subsidiary of Hanwha Qcells, and Nofar USA (Nofar), a wholly owned subsidiary of Nofar Energy, recently announced a signed agreement to cooperate on the development and construction of two energy storage projects in Texas. The projects have a combined capacity of 350 MW with a 2-hour duration (700 MWh).

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Industry News

Dark Harbor Wind Farm Receives Financing

LCG, May 17, 2005--Western Wind Energy Corporation announced that The Manufacturers Life Insurance Company is prepared to provide CDN$29.7 million of construction and term debt financing for the Dark Harbor Wind Farm, a 20 MW project located in New Brunswick. The balance of the project financing, CDN$8.2 million (excluding a letter of credit of CDN$1.5 million for the debt service reserve account), will be obtained by way of a private placement of the equity of Western Wind Energy Corporation.

The wind project is one of many renewable energy projects that the Canadian provinces are pursuing to reduce reliance on fossil fuels and the corresponding production of greenhouse gases. The Province of Ontario has committed to closing 7,600 MW of coal-fired generating capacity, and last month closed the 1,140-MW, coal-fired Lakeview Generating Station as a step towards reduced emissions. Another supply strategy under consideration is the reactivation of mothballed, nuclear power plants, such as Units 1 and 2 at the Bruce A nuclear generating station in Kincardine.

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