AEP Energy, a subsidiary of American Electric Power, has signed an agreement with Opdenergy, an independent power company with experience in the development, financing, construction and operation of renewable energy.
Under the 12-year contract, Opdenergy will develop an 80 MW AC solar array in Jefferson County, West Virginia. The energy will be used to power AEP Energy customers through the company's Integrated Renewable Energy (IRE) solution – a long-term, fixed-price retail energy option that supports new locally-produced wind and solar systems.
“AEP Energy is proud to partner with Opdenergy to expand our growing portfolio of renewable energy sources,” said Greg Hall, President of AEP Energy. “This project will ensure that we can continue to provide reliable power to customers who have chosen our IRE solution while delivering valuable economic benefits to West Virginia's eastern panhandle.”
The system is expected to be connected by the end of 2022. Once operational, it will generate more than 153,000 MWh of clean energy per year.
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