Offshore wind leader Ørsted takes first step into solar-plus-storage market

first_img FacebookTwitterLinkedInEmailPrint分享Greentech Media:Denmark’s Ørsted is the leading developer of U.S. offshore wind projects and, thanks to its acquisition of Lincoln Clean Energy last year, a major player in onshore wind. Next on the agenda: utility-scale solar and storage.Ørsted on Wednesday announced plans to build a 460-megawatt solar-plus-storage project in West Texas, near existing oil and gas infrastructure in the Permian Basin. Ørsted said the Permian Energy Center, due for completion in mid-2021, will make it the first developer to own the “full spectrum” of renewable technologies at utility scale in the U.S. — onshore and offshore wind, solar PV and storage.The storage facility will be relatively modest in size by the standards of the latest projects, at 40 megawatts with one hour of capacity, running alongside a 420 MW AC solar array.The solar plant itself will crack the top 10 for size in the U.S. market, according to Wood Mackenzie data. The combined project will be built across a 3,600-acre site in Andrews County.In terms of the batteries, “It’s worth noting that this is a one-hour system, while many solar-plus-storage systems are longer in duration,” said Dan Finn-Foley, WoodMac’s head of energy storage. “This shows again how value for storage varies dramatically by region.”State-backed Ørsted — known until two years ago as Danish Oil and Natural Gas — is at the vanguard of old energy companies transitioning rapidly toward renewables. Ørsted is the world’s leading developer and operator of offshore wind farms, and its acquisition last year of Deepwater Wind for more than $500 million has made it the most important player in the burgeoning U.S. market, a position it has continued to build on.More: Ørsted brings 460MW solar-plus-storage project to Texas oil country Offshore wind leader Ørsted takes first step into solar-plus-storage marketlast_img