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Origis Energy and TVA Announce Major Solar + Storage Project in Mississippi

Author

Slice of Energy Team
October 01, 2024

Key Highlights:

  • Power Purchase Agreement for Hope Solar + Storage in Clay County, Miss.

  • 200 MW solar + 200 MW storage facility, operational by end of 2028

  • Estimated $182 million economic boost from construction and jobs

  • Clean energy will support rapid regional growth and industrial decarbonization

Source: PR Newswire

Notable Quotes:

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“This project is an example of American-led energy innovation that creates avenues of opportunity, providing economic benefits to communities and our customers while enhancing our nation's energy security.”

Jeremy Fisher, Senior Vice President, Strategy & Commercial Officer at TVA Commercial Energy Solutions
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“Industrial customers benefit by meeting their decarbonization goals. Residential customers benefit from clean energy that contributes to reliable, affordable, predictable rates.”

Johan Vanhee, Chief Commercial and Procurement Officer at Origis Energy

Our Take:

This new power purchase agreement between Origis Energy and TVA represents a significant milestone in the region’s clean energy transition, combining large-scale solar and storage to meet growing energy demands. The Hope Solar + Storage project not only contributes to industrial decarbonization but also enhances regional economic development, a key consideration given the rapid population and economic growth in the Tennessee Valley region. The long-term impact of these initiatives will help position the area as a leader in renewable energy innovation, ensuring affordable, reliable, and sustainable power for decades to come.