US-based Origis Energy has secured a tax equity commitment from fellow US-based J.P. Morgan for its 200 MW Golden Triangle I Solar + Storage project in Mississippi. This project, operating under a PPA with the Tennessee Valley Authority, will deliver clean energy and enhance grid resiliency at competitive rates. With 50 MW of battery storage, Golden Triangle I is part of Origis Energy’s broader effort to provide 750 MW of solar capacity and 350 MW of battery storage in Mississippi. The investment is expected to generate $182 million in short-term construction and hiring gains and $7.2 million in additional economic benefits. Origis Energy benefits from the Investment Tax Credit incentives of the Inflation Reduction Act. Latham & Watkins LLP advised Origis Energy, while Hunton Andrews Kurth LLP represented J.P. Morgan.
J.P. Morgan invests in Golden Triangle I PV project
The 200 MW Golden Triangle I project is part of a broader 750 MW renewable initiative in Mississippi for TVA. (Image Source: ContourGlobal)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)