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WEC Energy Group announces plan for Wisconsin's first large-scale solar and battery storage project

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WEC Energy Group (NYSE: WEC) has proposed the Paris Solar-Battery Park in Kenosha County, which would be Wisconsin's largest solar and battery storage facility. The project features 200 MW of solar energy, powering approximately 60,000 homes, and 110 MW of battery storage. This initiative is part of a $2 billion investment plan in renewable energy by 2025 and aims to reduce carbon emissions by 70% by 2030. If approved by the Public Service Commission of Wisconsin, construction will start in 2022, with operations set for 2023.

Positive
  • Proposal for Wisconsin's largest solar-battery facility with 200 MW solar and 110 MW battery storage.
  • Investment of $2 billion in renewable energy projects by 2025.
  • Expected reduction of carbon emissions by 70% by 2030.
  • Projected savings of over $1 billion for utility customers over 20 years.
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  • None.

MILWAUKEE, Feb. 16, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today proposed plans for a new 310-megawatt (MW) solar and battery storage project. If approved, the Paris Solar-Battery Park in Kenosha County would be the largest facility of its kind in Wisconsin.

The facility features 200 MW of solar generation — which is equal to powering 60,000 homes, and 110 MW of battery storage — which can store solar-generated power and discharge it when the sun goes down, providing customers with "sunshine after sunset."

"This project is another concrete example of our commitment to build a bright, sustainable future," said Tom Metcalfe, president — We Energies and Wisconsin Public Service. "As the largest renewable energy investor in the state, we know the importance of clean energy. Projects like this maintain reliability, deliver significant savings to customers and support the goals of the Governor's Task Force on Climate Change."

The Paris Solar-Battery Park is part of the company's plans to invest $2 billion in new solar, wind and battery storage projects by 2025. Building these facilities in Wisconsin will create green jobs and help drive the state's economy.

Clean energy investments, like the Paris project, are an important part of the company's goal to reduce carbon emissions 70 percent by 2030. The company's longer-range plan is expected to save utility customers more than $1 billion over the next 20 years.

The company filed the battery and solar storage proposal today with the Public Service Commission of Wisconsin. If approved, WEC Energy Group utilities We Energies and Wisconsin Public Service, would own 90 percent of the project. Madison Gas and Electric would own the other 10 percent.

The project is being developed by Invenergy. If approved, construction is expected to begin in 2022 and the project is scheduled to go into service in 2023.

WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.

The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in the Midwest.

WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 42,000 stockholders of record, 7,500 employees and $37 billion of assets.

Cision View original content:http://www.prnewswire.com/news-releases/wec-energy-group-announces-plan-for-wisconsins-first-large-scale-solar-and-battery-storage-project-301229214.html

SOURCE WEC Energy Group

FAQ

What is the Paris Solar-Battery Park proposed by WEC Energy Group?

The Paris Solar-Battery Park is a proposed 310 MW facility featuring 200 MW of solar generation and 110 MW of battery storage, aimed at providing renewable energy in Wisconsin.

When will construction of the Paris Solar-Battery Park begin?

If approved, construction of the Paris Solar-Battery Park is expected to begin in 2022.

What are the environmental benefits of the Paris Solar-Battery Park?

The project aims to reduce carbon emissions by 70% by 2030 and is part of WEC's commitment to invest in clean energy.

How much is WEC Energy Group investing in renewable energy projects?

WEC Energy Group plans to invest $2 billion in new solar, wind, and battery storage projects by 2025.

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