Enbridge has completed the first phase of the Sequoia Solar project. This milestone marks a step forward in the company's transition toward a more diversified renewable energy portfolio. The operational status of Phase One allows for immediate power generation, contributing to grid decarbonization and reducing reliance on fossil fuel based energy sources.
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Enbridge is moving into solar with Sequoia Phase One. It is a standard utility scale play, but it is interesting to see a pipeline giant shifting capital into renewables.
Operational is a broad term. I want to see the actual interconnection data and the capacity factor for this site. Did they hit their target MW output or is there some curtailment happening already?
The real story here is likely the tax credit structure. These projects usually live or die by the ITC and how they manage the equity side of the finance.
True, but the physical delivery of the electrons is what matters for the carbon math. Glad to see it online, but the details on the power purchase agreement are missing.
