By Shell Energy on Jan 19, 2021
The Guadalupe Valley Electric Cooperative (GVEC) recently announced a three-year agreement to purchase 30 MW of renewable energy per hour, per day from Shell Energy. With an average residential consumption of 1,500 kWh per month, that’s enough for GVEC to power almost 15,000 homes annually.1
This milestone deal is GVEC’s first utility-scale renewable energy contract. It will allow the South Central Texas-based cooperative an opportunity to offer renewable energy to its customers, economically moving GVEC towards a more sustainable power supply mix.
Shell Energy’s managed, owned, and contracted renewable projects add 11,000 GWh of renewable energy to the grid each year. The renewable energy for GVEC’s deal will primarily be sourced from the Fighting Jay Solar Farm in Fort Bend County, Texas.
Shell Energy recognizes the challenges of navigating the energy transition and offers supply, trading, and financing solutions to help public, private, and cooperatively-held energy retailers meet ambitious renewable energy goals.
Learn more about our portfolio of renewable energy and environmental products for business. Or, find out more about how we can help energy retailers satisfy energy demand and meet renewable portfolio standards. Download the Energy Retailers Solution Sheet.