We Energies and Wisconsin Public Service announce state's largest renewable energy project
MILWAUKEE, April 30, 2021 /PRNewswire/ -- We Energies and Wisconsin Public Service, the largest utilities in WEC Energy Group (NYSE: WEC), are proposing to purchase the Koshkonong Solar Energy Center, a planned 465-megawatt (MW) solar and battery storage project in south-central Wisconsin. If approved, the project would be the largest renewable energy project in the state.
The Koshkonong Solar Energy Center would feature 300 MW of solar generation and 165 MW of battery storage, which can store solar-generated power and provide customers with "sunshine after sunset." The project is planned to be built in Dane County, Wisconsin, southeast of Madison. The total investment is expected to be $649 million.
This is the third large-scale solar and battery project announced in 2021 by We Energies and WPS. Earlier this year, the companies announced plans for the 325-MW Darien Solar Energy Center and 310-MW Paris Solar-Battery Park.
"The Koshkonong project is another key component in our effort to build a sustainable future and ensure electric reliability in the region," said Tom Metcalfe, president — We Energies and WPS. "We saw this winter in Texas and other states the dangerous results when people are without heat and power. Our focus on investing in affordable, reliable and clean energy means customers will have the energy they need when they need it."
Koshkonong is part of WEC Energy Group's plan to invest nearly $2 billion in new solar, wind and battery storage projects at its utilities by 2025.
The companies filed the Koshkonong solar and battery storage proposal this week with the Public Service Commission of Wisconsin. We Energies and WPS 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 late 2022 with commercial operation in 2024.
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, 7,200 employees and more than $37 billion of assets.
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SOURCE WEC Energy Group
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