Saturday, November 23, 2024

CORRECTING and REPLACING Candela Partner Naturgy Breaks Ground on 7V Solar Project

Candela Renewables , in partnership with Naturgy Energy Group, announced they have broken ground on their first utility-scale solar project in Fayette County, Texas. This not only represents the start of construction for Candela’s first project, but also signals Naturgy’s first U.S.-based project since partnering with Candela in early 2021 as well as their largest solar project in the world to date.

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For more information about this development, please visit:
https://www.candelarenewables.com/news-blog/candela-renewables-starts-construction-on-first-project-breaks-ground-with-partner-naturgys-first-us-based-project

About Candela Renewables

Founded in 2018 by former First Solar executives, Candela’s Renewables has one of the most accomplished teams developing utility-scale solar and storage projects in the United States. Candela’s is active in markets across the U.S., including CAISO, WECC, ERCOT, PJM, NYISO, the Southeast & MISO.

In 2021, Candela’s entered into a partnership with Naturgy Energy Group. Candela and Naturgy formed a new joint entity that owns Candela’s development pipeline. The companies also executed a five-year Development Services Agreement for the U.S. market.

Candela’s has in-house expertise across all stages of the development lifecycle and can efficiently bring projects to either NTP or COD through their focused, proven and differentiated development strategy.

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