This website is under development, but we are pushing out updates as we build, so check back Nov. 1 for our official launch.

energyRe Secures $240 Million for Lone Star Solar Project, Partners with Dominion Energy and Syensqo

US developer energyRe has secured US$240 million for the 108MW/198MWh solar-plus-storage project, Lone Star Solar. The project qualifies for Investment Tax Credits (ITC) under the Inflation Reduction Act, and energyRE has signed a ten-year power purchase agreement with Dominion Energy South Carolina for power produced at Lone Star. Belgian-based chemical company Syensqo will purchase all of the Renewable Energy Certificates generated by LoneStar Solar, offseting 35% of the company’s US emissions from electricity purchases. In December 2023, energyRe will receive US$1.2 billion in financing for its US project pipeline and transmission projects.

Share:

More Posts

Send Us A Message