Press Releases — Grenergy signs a 400 GWh/year hybrid PPA in the United States
May 20, 2026
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- The company will supply energy and renewable attributes to Georgia Power through the Beaver Creek hybrid project (229 MW solar and 183 MWh battery storage)
- The 20-year agreement covers 100% of the project’s output and will come into effect in May 2029
Madrid, May 20, 2026. Grenergy has signed a long-term power purchase agreement (PPA) with Georgia Power for the sale of energy and renewable attributes over a 20-year period, as part of the Clean and Renewable Energy Subscription (CARES) 2023 program.
The contracted volume will cover 100% of the output from the Beaver Creek hybrid project, estimated at approximately 400 GWh per year. Battery market operations will be managed by Georgia Power.
The Beaver Creek project, located in Baldwin County, Georgia, will feature 229 MW of solar capacity and 183 MWh of battery storage. Commercial operation is expected to begin in the third quarter of 2028, with the PPA taking effect in May 2029.
Grenergy has been active in the U.S. market since 2022, with its operational headquarters in Birmingham, Alabama. The company currently has a portfolio of 1.2 GW of solar capacity, 1.7 GWh of hybrid projects, and 2.3 GWh of stand-alone storage projects. It already operates two stand-alone storage facilities: Stadium (25 MWh) and La Feria (25 MWh), both located in Texas.
About Grenergy
Grenergy is a Spanish multinational clean energy producer. Founded in 2007, the company has been listed on the Spanish stock exchange since 2015 and currently has a market capitalization of over €3.5 billion. Grenergy develops, builds, and operates photovoltaic solar plants and is also a pioneer in the energy storage industry.
With a team of more than 600 professionals, the company operates across three key regions: Europe (Spain, Italy, Germany, Poland, Romania, and the United Kingdom), North America (United States), and Latin America (Chile, Peru, Mexico, and Colombia). Its global portfolio includes 72 GWh of storage capacity and 12 GW of solar capacity at various stages of development.
Thanks to its strong commitment to battery storage, the company can deliver clean, affordable, reliable and continuous energy — wherever and whenever it is needed, 24/7.