Latest news with #LeewardRenewableEnergy
Yahoo
28-05-2025
- Business
- Yahoo
LRE Brings First Stand-Alone Antelope Valley BESS Battery Storage Facility Online, Furthering Efforts to Strengthen Grid Reliability in California
The 126 MW energy storage system in Kern County brings LRE's total capacity online in California to 596 MW—continuing to help meet the state's rapidly growing energy needs DALLAS, May 28, 2025--(BUSINESS WIRE)--LRE (Leeward Renewable Energy) today announced that its Antelope Valley Battery Energy Storage System (BESS) - a 126-megawatt (MW) / 504 megawatt-hour (MWh) stand-alone battery facility - is now fully operational in Kern County, California. Antelope Valley BESS represents a key milestone in LRE's energy storage strategy as its first grid-connected, stand-alone battery project and the company's seventh clean energy project online in the state. Antelope Valley BESS is powered by four-hour Lithium Iron Phosphate (LFP) batteries provided by Powin and is designed to support California's electric grid by storing energy when demand is low and discharging it during peak periods. This capability improves grid reliability, offsets carbon-intensive generation and enhances overall energy flexibility. "Bringing the Antelope Valley BESS facility online is a major milestone for LRE and reflects our commitment to accelerating energy innovation in California," said Sam Mangrum, EVP Project Execution at LRE. "As our first stand-alone battery project, it expands our capabilities to deliver dispatchable power when and where it is needed most. We are proud to support the broader energy market as California transitions to a cleaner, more resilient grid that can meet growing demand." The project created approximately 90 jobs during construction and is expected to deliver long-term economic benefits to Kern County through local tax revenues—including an estimated $30 million in property taxes over the life of the project—and community investments. As LRE's seventh operating project in California, it adds to a growing portfolio that now generates enough clean electricity to power more than 28,000 homes annually while offsetting nearly 30,228 metric tons of carbon dioxide equivalent emissions each year. In line with its ongoing commitment to community partnership, LRE has supported local initiatives with donations to Rosamond Hills Senior Apartments, which provides housing for low-income seniors, and the Kern County Sheriff's Mounted Posse, a charitable organization dedicated to community service. "Our mission goes beyond clean energy—we strive to leave a lasting, positive impact in the communities where we operate," added Sam Mangrum. "Antelope Valley BESS not only strengthens California's grid but also supports economic growth and resilience in Kern County." LRE continues to expand its national portfolio of utility-scale wind, solar, and battery storage projects, with more than 4 GW currently operating. About LRE (Leeward Renewable Energy) LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity. LRE's ambitious goal of 10GW of operating assets by 2028 will help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment. View source version on Contacts For more information:Otilia Ayats Sign in to access your portfolio
Business Wire
28-05-2025
- Business
- Business Wire
LRE Brings First Stand-Alone Antelope Valley BESS Battery Storage Facility Online, Furthering Efforts to Strengthen Grid Reliability in California
DALLAS--(BUSINESS WIRE)--LRE (Leeward Renewable Energy) today announced that its Antelope Valley Battery Energy Storage System (BESS) - a 126-megawatt (MW) / 504 megawatt-hour (MWh) stand-alone battery facility - is now fully operational in Kern County, California. Antelope Valley BESS represents a key milestone in LRE's energy storage strategy as its first grid-connected, stand-alone battery project and the company's seventh clean energy project online in the state. Antelope Valley BESS is powered by four-hour Lithium Iron Phosphate (LFP) batteries provided by Powin and is designed to support California's electric grid by storing energy when demand is low and discharging it during peak periods. This capability improves grid reliability, offsets carbon-intensive generation and enhances overall energy flexibility. 'Bringing the Antelope Valley BESS facility online is a major milestone for LRE and reflects our commitment to accelerating energy innovation in California,' said Sam Mangrum, EVP Project Execution at LRE. 'As our first stand-alone battery project, it expands our capabilities to deliver dispatchable power when and where it is needed most. We are proud to support the broader energy market as California transitions to a cleaner, more resilient grid that can meet growing demand.' The project created approximately 90 jobs during construction and is expected to deliver long-term economic benefits to Kern County through local tax revenues—including an estimated $30 million in property taxes over the life of the project—and community investments. As LRE's seventh operating project in California, it adds to a growing portfolio that now generates enough clean electricity to power more than 28,000 homes annually while offsetting nearly 30,228 metric tons of carbon dioxide equivalent emissions each year. In line with its ongoing commitment to community partnership, LRE has supported local initiatives with donations to Rosamond Hills Senior Apartments, which provides housing for low-income seniors, and the Kern County Sheriff's Mounted Posse, a charitable organization dedicated to community service. 'Our mission goes beyond clean energy—we strive to leave a lasting, positive impact in the communities where we operate,' added Sam Mangrum. 'Antelope Valley BESS not only strengthens California's grid but also supports economic growth and resilience in Kern County.' LRE continues to expand its national portfolio of utility-scale wind, solar, and battery storage projects, with more than 4 GW currently operating. About LRE (Leeward Renewable Energy) LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity. LRE's ambitious goal of 10GW of operating assets by 2028 will help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment.
Yahoo
16-05-2025
- Business
- Yahoo
Leeward Renewable Energy Operations Announces the Posting of an Update to its Year End 2024 Financial Results
DALLAS, May 16, 2025--(BUSINESS WIRE)--Leeward Renewable Energy Operations, LLC ("LREO") today announced that it, as noted during its investor call held May 13, 2025, has updated its key operating and financial results for Year End 2024 and has posted the update to its secure investor relations site. For information on how to access the site, visit Request access to conference calls & financial reports | LRE or contact Investor Relations at About LRE (Leeward Renewable Energy) LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity. LRE's ambitious goal of 10GW of operating assets by 2028 will help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment. View source version on Contacts For more information:Otilia Ayats Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Leeward Renewable Energy Operations Announces the Posting of an Update to its Year End 2024 Financial Results
DALLAS, May 16, 2025--(BUSINESS WIRE)--Leeward Renewable Energy Operations, LLC ("LREO") today announced that it, as noted during its investor call held May 13, 2025, has updated its key operating and financial results for Year End 2024 and has posted the update to its secure investor relations site. For information on how to access the site, visit Request access to conference calls & financial reports | LRE or contact Investor Relations at About LRE (Leeward Renewable Energy) LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity. LRE's ambitious goal of 10GW of operating assets by 2028 will help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment. View source version on Contacts For more information:Otilia Ayats Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-02-2025
- Business
- Yahoo
Google pours money into state's massive energy farm to keep data centers online — and it's expected to create hundreds of jobs
In a leap for renewable energy, a new solar farm in Oklahoma is set to power Google's data centers and artificial intelligence. The project, spanning several solar farms with a total capacity of 724 megawatts, will supply energy to Google's operations, contributing to both a healthier environment and local economy. Located in Pryor, Oklahoma, the Mayes County Solar Portfolio of Leeward Renewable Energy is the heart of the initiative, generating 372 megawatts of energy. Do you think solar farms are an eyesore? Definitely Not at all It depends where they are I've never seen one Click your choice to see results and speak your mind. This farm is strategically placed just a mile away from Google's data center, ensuring a seamless power supply while strengthening Oklahoma's energy grid. Coupled with the Twelvemile Solar Projects, the combined solar capacity will provide enough energy to power more than 865,000 homes annually. Beyond the environmental benefits, the Mayes County Solar Portfolio is expected to make a positive contribution to the community. The project will create over 300 construction jobs and generate an estimated $76 million in tax revenue for Mayes County over its lifespan, helping to fund schools and public services. This is not just a win for Google's green energy goals, but also for Oklahoma's future. The economic benefits are clear — more jobs, more revenue for local projects, and a stronger local energy infrastructure. The state is becoming a model for renewable energy development, proving that green initiatives can foster both environmental sustainability and economic prosperity. For consumers interested in supporting sustainable initiatives, this project adds to a broader trend of large corporations making significant strides toward eco-friendly practices. Google joins other major companies, such as Walmart, in taking action to combat environmental challenges. As solar power continues to gain momentum across the country, this project serves as a prime example of how large-scale clean energy solutions can help meet corporate sustainability goals while giving back to the community. "By partnering with Grand River Dam Authority and Leeward Renewable Energy, Google is furthering its ambition to power our facilities, including those in Oklahoma, with carbon-free energy around the clock by 2030," said Amanda Peterson Corio, global head of data center energy at Google in a statement. "These power purchase agreements demonstrate how our scalable procurement approach is transforming the acquisition of clean energy and accelerating the development of carbon-free energy sources." Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
