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SB Vitality Texas Venture Secures Prolonged-Time duration PPA With Mitsui and Co. Vitality Advertising and marketing and marketing and Products and providers

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updated: Aug 27, 2021 14: 40 EDT


SAN FRANCISCO,
August 27, 2021 (Newswire.com) –

SB Vitality announces a prolonged-term Energy Take Settlement (“PPA”) with Mitsui and Co. Vitality Advertising and marketing and marketing and Products and providers (USA), Inc. (“MEMS”; a subsidiary of Mitsui & Co, Ltd.) to raise vitality from its 418MWp Juno solar project in Borden County, Texas. This month, Juno begins its fat commercial ramp-up to fabricate vitality to both MEMS and Decrease Colorado River Authority (“LCRA”).

“Juno is a necessary project for MEMS as we work to be definite solid, legitimate energy expertise in Texas. We’re devoted to strengthening renewable vitality and working with solid partners equivalent to SB Vitality,” acknowledged Eiji Yanagawa, President and CEO of MEMS.

Rich Hossfeld, Co-CEO of SB Vitality, acknowledged, “This project will energy the equivalent of with regards to 40,000 homes with legitimate American vitality, no longer handiest serving to earn the Texas grid extra legitimate nevertheless lowering the grid’s carbon footprint. We’re proud to partner with this kind of forward-taking a peek firm as MEMS.” 

Juno is one of the most five projects composing SB Vitality’s initial 1.7GW portfolio that SB Vitality introduced financial shut on earlier this year. Juno is the most essential to attain commercial operations, followed quickly by the final four projects over the next seven months.

ABOUT SB ENERGY

SB Vitality, a wholly owned subsidiary of SoftBank Community Corp., is a leading utility-scale solar, vitality storage, and expertise platform. We manufacture, procure, and hold and operate a pair of of the largest and most technically evolved renewable projects at some stage in the US. SB Vitality’s mission is to fabricate flexible renewable vitality at scale, accelerating the international vitality transition, and benefiting our planet, customers, communities, and of us.

For extra records, discuss with http://www.sbenergy.com.

Media Contact:

+1.626.607.1220

[email protected]

Supply: SB Vitality

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