Operations have begun at the 274-megawatt Yellowbud solar project in Ohio, National Grid Renewables said Oct. 3, providing renewable energy to retail giant Amazon as part of a power purchase agreement.
The solar farm is estimated to offset 370,000 metric tons of CO2 emissions per year, which National Grid Renewables said is equivalent to removing about 55,000 cars from roads for a year.
Located in the Ohio counties of Ross and Pickaway, the solar farm will also move Amazon closer to its goal of net-zero carbon emissions by 2040.
“Amazon is deeply committed to the state of Ohio, where we’re investing in and scaling new renewable energy projects like Yellowbud that will help power our operations with 100% renewable energy, while also bringing new jobs, economic benefits and new sources of clean energy to local communities,” Nat Sahlstrom, head of energy, water and sustainability for Amazon, said in a news release.
Yellowbud is expected to generate an estimated $90 million in direct economic impact during its first 20 years of operations, National Grid Renewables said.
“Yellowbud represents a long-standing commitment to bring renewable energy and economic benefit to Ohio residents,” said Blake Nixon, president of National Grid Renewables. “It’s both rewarding and exciting to see the project reach this pivotal point.”
Recommended Reading
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
2024-11-01 - Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
Twenty Years Ago, Range Jumpstarted the Marcellus Boom
2024-11-06 - Range Resources launched the Appalachia shale rush, and rising domestic power and LNG demand can trigger it to boom again.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
Geologist James Parr Joins Ring as EVP of Exploration, Geosciences
2024-11-26 - James Parr joins Ring Energy with over 30 years of experience as a petroleum geologist and leader in multiple energy organizations.
Utica’s Encino Adds Former Marathon Director to Board
2024-12-16 - Brent J. Smolik, who most recently served on Marathon Oil’s board until its merger with ConocoPhillips, will join Encino Acquisition Partners as a director.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.