ENGIE announced a 200 MW Power Purchase Agreement with Procter and Gamble (P&G) for ENGIE’s Sun Valley solar project in Hill County, Texas, 65 miles southwest of Dallas.
This solar energy agreement is the largest for P&G globally. Once production commences at Sun Valley later this year, it will supply P&G with more than 530,000 MWh of renewable power annually. For comparison, that is enough renewable electricity to power 1 in every 3 residences in P&G’s home city of Cincinnati, OH.
P&G aims to achieve net-zero GHG emissions by 2040. The agreement is expected to displace the equivalent of more than 367,000 metric tons of CO2-equivalent from the electricity grid each year.
The Sun Valley Solar project is part of ENGIE’s more than 5 GW of wind, solar and storage in operation or construction across North America. The 250 MW project will become a long-term contributor to the 36,000 residents of the Hill County community.
The solar power project is expected to generate tax revenues of around $8 million to support county services and an additional $18 million in revenues to the Abbot School district, supporting teachers and educational infrastructure over the life of the project.