Enbridge invests in EDF Renewables’ Fox Squirrel Solar Project in Ohio
EDF Renewables North America and Enbridge Inc. have reached a significant agreement, with Enbridge acquiring a 50% stake in the Fox Squirrel Solar Project. Located in Madison County, Ohio, this project is not only poised to become EDF Renewables’ largest onshore renewable project but also stands as the largest solar complex in Ohio.
Fox Squirrel Solar Project : Ohio’s Largest Solar Complex
The Fox Squirrel Solar Project, a ground-mounted solar facility, boasts a remarkable capacity of 749 MWdc/577 MWac. Currently under construction in three phases, the initial phase is expected to be operational by the end of this year, with the full project completion targeted for the end of 2024. The project has secured 20-year fixed-price power purchase agreements, ensuring long-term sustainability and financial stability.
Enbridge’s Commitment to Renewable Energy
Enbridge’s investment in the first phase of the Fox Squirrel Solar Project underscores their dedication to expanding renewable energy in North America. The decision to invest in subsequent phases throughout 2024 will depend on meeting certain conditions, reflecting a cautious yet progressive approach to renewable energy investments.
Ryan Pfaff, Executive Vice President of Grid-Scale Power at EDF Renewables, expressed excitement about the partnership: “EDF Renewables is thrilled to continue our successful partnership with Enbridge through the Fox Squirrel Solar Project… Solar energy plays a key role in decarbonizing the PJM grid in a safe, reliable, and affordable manner.”
EDF Renewables’ Pioneering Role in Renewable Energy
With over 35 years of experience and 16 gigawatts of wind, solar, and storage projects developed, EDF Renewables is a leading figure in the renewable energy sector. The company is dedicated to providing integrated energy solutions that help in achieving carbon-reduction goals, ranging from large-scale grid power projects to electric vehicle charging solutions.
The partnership between EDF Renewables and Enbridge in the Fox Squirrel Solar Project marks a significant step forward in the renewable energy landscape, contributing to the broader goal of sustainable and environmentally friendly energy solutions.
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