Toyota to buy clean power from a $1.1 billion solar farm in Texas

Enbridge, a Canadian vitality firm, simply introduced it’s shifting ahead with an 815-megawatt (MW) photo voltaic venture known as Sequoia in Texas. When it’s accomplished, it’ll be one of many largest photo voltaic farms in North America. The venture’s price ticket is a hefty $1.1 billion.

Enbridge’s Sequoia, round 150 miles west of Dallas, has already landed long-term energy buy agreements (PPAs) with AT&T and Toyota, guaranteeing most of its output is bought for years to return. This deal was highlighted in Enbridge’s third-quarter report on Friday.

Sequoia can be in-built two phases, with energy anticipated to start out flowing in 2025 and 2026. Enbridge says it’s taken steps to scale back dangers by securing tools and procurement contracts upfront. Permits and buy orders are additionally locked down.

Toyota’s PPA with Enbridge’s Texas photo voltaic venture is a part of Toyota’s broader push towards sustainability, because the automaker goals to attain internet zero by 2035 and match 45% of its bought energy with renewable electrical energy by 2026 because it nonetheless clings to its “numerous powertrain technique.”

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