Grant County Solar Project completion marks milestone in Wisconsin clean energy
May 31 2024 - 8:22AM
Business Wire
The 200-MW project caps Alliant Energy’s historic solar buildout
to benefit customers and communities
Alliant Energy announced it successfully completed constructing
its Grant County Solar Project. The 200-megawatt (MW) solar array
in Potosi, Wisconsin, can generate enough electricity to power more
than 50,000 homes annually.
The project’s completion is the culmination of Alliant Energy’s
multi-phase buildout of 12 utility-scale solar projects in
Wisconsin totaling 1,089 MW. This investment in a more diverse
energy generation mix created more than 2,700 jobs across all
projects. It improves service reliability and enables Alliant
Energy to power nearly 300,000 homes annually with zero-fuel-cost
solar energy.
“The successful completion of the Grant County Solar Project is
a milestone achievement on our journey toward a cleaner, more
reliable and cost-effective energy future,” said Lisa Barton,
president and CEO of Alliant Energy. “Investing in a diverse energy
mix is just one way we add value for customers while sustaining the
economic and environmental health of the communities we serve.
Together, with our customers, local communities and construction
partners, we are making Wisconsin’s energy future brighter than
ever.”
Encompassing over 1,400 acres, the Grant County Solar Project
site hosts more than 430,000 solar panels and features nearly 350
acres of native pollinator habitat. Alliant Energy expects the site
will generate an estimated $30 million in new shared revenue for
the county and town over the life of the project.
“I’ve seen the benefits of this solar project in the community
firsthand,” said Dave Fritz, a local business owner and
participating landowner. “Solar lease payments help local
landowners like me diversify our income and preserve our land’s
value for the future. In terms of economic impact, the Grant County
Solar Project delivered on its promise of jobs and will benefit
local taxpayers for decades thanks to the added shared revenue
payments.”
Alliant Energy contracted with a subsidiary of NextEra Energy
Resources, LLC to construct the Grant County Solar Project.
Construction began in September 2022, employing more than 700
workers. The influx of jobs helped maximize the local economic
benefit of the project.
“Part of our commitment to an efficient and reliable energy
future means making more renewable sources of energy accessible,"
said Anthony Pedroni, vice president of renewables and storage
development at NextEra Energy Resources. "This solar energy project
reflects the shared commitment we have with Alliant Energy to
deliver cost-effective clean energy solutions that benefit
communities and the environment.”
The announcement underscores Alliant Energy's role as a leader
in the clean energy transition. In addition to being Wisconsin’s
largest owner and operator of solar energy generation, Alliant
Energy plans to develop nearly 275 MW of energy storage capacity to
complement its renewable portfolio. This includes the 100-MW Grant
County Battery Project that will also be located at the Grant
County Solar Project site.
Through the investments outlined in the company’s Clean Energy
Blueprint, Alliant Energy is diversifying its generation portfolio,
improving energy security and working to achieve net-zero
greenhouse gas emissions from utility operations by 2050.
About Alliant Energy
Alliant Energy Corporation (NASDAQ: LNT) provides regulated
energy service to 1 million electric and 425,000 natural gas
customers across Iowa and Wisconsin. Alliant Energy's mission is to
deliver energy solutions and exceptional service customers and
communities count on – safely, efficiently and responsibly.
Interstate Power and Light Company (IPL) and Wisconsin Power and
Light Company (WPL) are Alliant Energy's two public energy
companies. Alliant Energy is a component of Bloomberg’s
Gender-Equality Index and the S&P 500.
For more information, visit alliantenergy.com and follow Alliant
Energy on LinkedIn, Facebook, Instagram and X.
This release includes forward-looking statements. These
statements can be identified because they include a word such as
“expect” or other words or expressions of similar import.
Similarly, statements that describe future plans or strategies, our
Clean Energy Vision, transitioning our energy resources, planned
resource additions and future emissions reductions are
forward-looking statements. These forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from those expressed in, or implied by, the
statements. Actual results could be materially affected by the
following factors, among others: The inability to obtain necessary
equipment and labor in a timely manner; access to and cost
increases of materials, equipment and commodities including due to
tariffs, duties or other assessments, such as any additional
tariffs resulting from U.S. Department of Commerce investigations
into the sourcing of solar project materials and equipment from
certain countries, labor issues or supply shortages, the ability to
successfully resolve warranty issues or contract disputes, the
ability to achieve the expected level of tax benefits based on tax
guidelines and project costs, and the ability to efficiently
utilize the renewable generation and storage project tax benefits
for the benefit of customers; governmental actions that delay or
reject the proposed generation construction plans, or that include
terms that make the future generation construction plans
uneconomical; unanticipated construction issues, delays or
expenditures; failure of equipment and technology to perform as
expected; political conditions in Alliant Energy’s service
territories; changes to Alliant Energy’s access to capital markets;
current or future litigation, regulatory investigations,
proceedings or inquiries; and economic conditions in Alliant
Energy’s service territory. These factors should be considered when
evaluating the forward-looking statements and undue reliance should
not be placed on such statements. The forward-looking statements
included herein are made as of the date hereof and Alliant Energy
and Wisconsin Power and Light Company undertake no obligation to
update publicly such statements to reflect subsequent events or
circumstances.
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version on businesswire.com: https://www.businesswire.com/news/home/20240531336183/en/
Media contact: Tony Palese (608) 458-3132 |
tonypalese@alliantenergy.com
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