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September 19, 2024

Elawan Energy will supply renewable energy to Google under a corporate Power Purchase Agreement (PPA) for the energy generated by a 37 MWdc solar project in Hill County, Texas, USA.


Elawan Energy S.L. (“Elawan”), a part of ORIX Group, announced today that it will supply renewable energy to Google under a corporate Power Purchase Agreement (PPA) for the energy generated by a 37 MWdc solar project in Hill County, Texas, USA.

This agreement was facilitated through LEAP™ (LevelTen Energy’s Accelerated Process), which was co-developed by Google and LevelTen Energy to make sourcing and executing clean energy PPAs more efficient and contributes to Google’s ambitious 2030 goal to run on 24/7 carbon-free energy (CFE) on every grid where it operates.

The project is a key component of Elawan’s strategy to expand its presence in North America, reinforcing its commitment to providing clean energy solutions. The company, which is part of the ORIX Group, specializes in the development and operation of wind and solar power plants across 15 countries, with a particular focus on Europe and the Americas. Elawan currently operates 1.8 GW of renewable energy projects and has approximately 8 GW under development. The company is known for its ability to identify opportunities early and leverage its expertise in development, design, procurement, structuring, and execution to maximize value and deliver enhanced returns.

The solar project is in an advanced stage of development, with commercial operations expected to commence in 2026. With this new project, Elawan Energy and ORIX continue to strengthen their footprint in North America, where they currently manage an operational portfolio of over 300 MW across ERCOT, SPP, and PJM regions. Elawan also has experienced local development teams with offices in Houston, Texas.

As part of its goal to achieve carbon neutrality by 2050, ORIX is committed to expanding its renewable energy business globally. The company will continue to utilize its extensive experience and expertise to contribute to a more sustainable world and meet the growing demand for renewable energy from corporate, industrial, and household consumers.

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