1. Matrix Renewables signed a renewable energy power purchase agreement (PPA) with Hyundai Motor Group for 147 MWac from its Stillhouse Solar project in Texas.
2. The Stillhouse Solar project is a 284 MWdc / 210 MWac total solar photovoltaic project expected to begin operations in 2025.
3. The agreement will contribute to Hyundai Motor Group’s sustainability objectives in the US, providing clean power and avoiding 200,000 tpy of CO2 equivalent.
Matrix Renewables has signed a renewable energy power purchase agreement with affiliates of Hyundai Motor Group for 147 MWac from its Stillhouse Solar project in Texas. The project, expected to begin operations in 2025, will deliver clean power, grid resiliency, and offset 200,000 tpy of CO2 equivalent emissions. Hyundai Motor Group aims to support sustainability and expand renewable energy solutions to its facilities worldwide.
Matrix Renewables’ Managing Director, Cindy Tindell, expressed excitement about the agreement with Hyundai Motor Group, highlighting the environmental benefits and economic advantages for the Bell County region in Texas. Hyundai Motor Group’s Vice President, Sung Hwan Bae, emphasized the company’s commitment to sustainability and its role in contributing to the Stillhouse Solar project.
The Spring 2024 issue of Energy Global features articles on battery storage sites, renewables in Europe, electrical infrastructure, turbine and blade monitoring, battery storage technology, coatings, and more. Matrix Renewables’ collaboration with Hyundai Motor Group represents a significant step towards achieving sustainability goals and promoting renewable energy solutions on a global scale.