Origis Energy, a U.S. renewable-energy and decarbonization-solution platform, has secured $317 million in project tax equity funding from J.P. Morgan for two utility-scale solar and solar-plus-battery storage projects in New Mexico and Mississippi, respectively.
Escalante Solar is a 200-megawatt ac solar plant under construction in the Southwest for Tri-State Generation and Transmission Association and its member electric cooperatives. Tri-State and Origis Energy recently reached more than 250,000 solar panels installed at the project. Escalante Solar is being built on the site of the former 253-megawatt, coal-fired Escalante Station, which was retired in 2020, as Tri-State continues its clean-energy transition. The project will come online in 2024.
Golden Triangle II, a 150-megawatt ac solar project with 50-megawatt/4 HRs (200 megawatt hours) of energy storage, also will be completed in 2024. The project is one of three Origis Energy plants under construction in Missi