National Grid Launches National Grid Renewables
October 14, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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National Grid, through its competitive, non-regulated National Grid Ventures unit, today announced the launch of National Grid Renewables, the new brand name for its US renewable energy business which includes solar, onshore wind and battery storage.
National Grid Renewables develops, owns and operates large-scale renewable energy assets across the United States.
"National Grid has a critical role to play in the acceleration of a cleaner energy future, which is why we're pleased to be launching National Grid Renewables to further underscore our commitment to reaching net zero," said Daniel Westerman, President, Renewable Energy for National Grid.
This rollout builds on National Grid's previously reported acquisition of Geronimo Energy, a leading wind and solar developer in North America, in July 2019
Since last year's acquisition, National Grid's onshore renewables development team (formerly known as Geronimo Energy) has signed over 500 megawatts (MW) of announced contracts with customers and has expanded its pipeline of wind, solar and battery storage projects throughout the U.S.
As part of today's launch, Geronimo Energy will transition to the new National Grid Renewables branding.
"The launch of the National Grid Renewables brand supports our goal to expand our onshore project portfolio nationwide and continue our growth as a leader in the renewable energy industry," stated Blake Nixon, Head of US Onshore Renewables for National Grid Renewables.
In addition to its onshore renewables development team, National Grid Renewables includes an increasing number of operational assets that are geographically diverse across the U.S., from wind and solar farms in the Midwest and South to investments in battery storage facilities on the East Coast.
It also has had a partnership dating back to 2016 with Sunrun, a residential solar, battery storage, and energy services company in the US, that has included a $100 million asset investment and employees from each company working to develop the potential of grid services using renewable sources of energy.