Enbridge, a Canadian energy company, just announced itβs moving forward with an 815-megawatt (MW) solar project called Sequoia in Texas. When itβs done, itβll be one of the largest solar farms in North America. The projectβs price tag is a hefty $1.1 billion.
Enbridgeβs Sequoia, around 150 miles west of Dallas, has already landed long-term power purchase agreements (PPAs) with AT&T and Toyota, ensuring most of its output is sold for years to come. This deal was highlighted in Enbridgeβs third-quarter report on Friday.
Sequoia will be built in two phases, with power expected to start flowing in 2025 and 2026. Enbridge says itβs taken steps to reduce risks by securing equipment and procurement contracts in advance. Permits and purchase orders are also locked down.
Toyotaβs PPA with Enbridgeβs Texas solar project is part of Toyotaβs broader push toward sustainability, as the automaker aims to achieve net zero by 2035 and match 45% of its purchased power with renewable electricity by 2026 as it still clings to its βdiverse powertrain strategy.β
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