US utility Southern Company is increasing its pivot to renewable energy generation with an agreement with UK-based Renewable Energy Systems to build 3GW of wind capacity within the next four years.
Southern Power, the clean energy division of Southern Company launched in 2012, has agreed to build 10 wind projects with expected commercial operation dates between 2018 and 2020.
The partnership gives Southern Power a pipeline of renewable energy assets being constructed by a major European developer. Southern Power said it would also buy wind turbine equipment from Siemens and Vestas, headquartered in Germany and Denmark.
“We now have priority access to a robust, visible development pipeline and a supply chain for turbines from two premier technology providers, reinforcing our focus on wind energy investments over the next several years,” Southern Power chief executive Buzz Miller said.
Southern Power has previously worked with RES, acquiring the 102MW Lamesa Solar Facility from the developer last July.
Southern Company, which operates 44GW of generation assets diversified among fossil fuels, like coal and natural gas, and clean energy, has been growing its renewables portfolio in recent years. Since it created Southern Power, it has or is currently building 4GW of renewable energy generation.
Last June, Southern Company became the first investment-grade utility in the US to issue green bonds in Europe. Southern Power recently closed on the purchase of a 257MW wind project in Texas and a natural gas-fired power facility in Minnesota in October.