North American growth helps RES hit 16 GW milestone and celebrate 2018 as ‘Year of Renewables’

12 North American projects totaling 1 GW delivered

RES' North American operations delivered 1 GW of renewable projects in 2018, helping the company reach a 16 GW global milestone in what it describes as the ‘Year of Renewables'.

A total of 12 wind, solar, and energy storage projects and 30 transmission and distribution projects were developed and/or constructed across North America. During peak construction periods, these projects created more than 2,000 jobs. Among the 2018 milestones were the development and start of construction on a combined solar/energy storage project in Texas, and the sale of three projects - the 200 MW Reading Wind project, the 50 MW Lamesa II solar project, and the 100 MW Wildhorse Mountain Wind project.
Ivor Catto, chief executive officer at RES said: "For us, 2018 was the ‘Year of Renewables' and one in which Power Purchase Agreements came of age, the clearest indication yet that renewable energy has become as competitive as other forms of energy.
"We have now developed and built over 16 GW of wind, solar and storage assets across the world after growing our portfolio by 1.6 GW in the last year. Collectively, we now offset enough carbon which is equivalent to 531,250 trucks of coal - if you lined them up end to end they would stretch from Albuquerque to London."
Globally, 2018 proved to be the year of the PPA, with November's agreement with Royal Caribbean Cruises Ltd. helping the company surpass more than 1 GW of contracts with corporate customers. RES has previously signed agreements with Microsoft, Google, General Mills, Telstra, HSBC and General Motors. RES also continued to serve utility customers in 2018, signing PPAs for the Crossett Solar project with Arkansas Electric and Delta's Edge Solar project with Cooperative Energy in the United States.
In a year of milestones, RES also:
 Commenced work on the 429MW Murra Warra wind farm in Australia, which will be one of the largest in the world when completed in 2020.
 In France, finalized construction and commissioning of the 14.2MW Montigny la Cour, 8MW Bricqueville and 17.6MW Rosieres wind farms, as well as the 5MWp Lauzieres solar farm.
 Won its first wind farm repowering tender in France for the historic Souliella project - the first wind farm built in the country in 2001.
 Delivered three energy storage projects totaling 80 MW in the UK, also taking on management of the 25MW Castlecraig Wind Farm in Northern Ireland.
 Won a new 10MW battery storage project in Bordesholm, Germany.

Catto continued: "We have made great progress in 2018 and this provides us with a solid foundation to continue to build towards a future where everyone has access to affordable zero carbon energy, which is the vision of the company."


About RES:
RES is the world's largest independent renewable energy company active in onshore and offshore wind, solar, energy storage and transmission and distribution. At the forefront of the industry for over 35 years, RES has delivered more than 16 GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 3.5 GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured 1GW of power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs more than 2,000 people and is active in 10 countries.

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