Subsidiary commissions final 5 MW wind turbine; total capacity reaches about 2,575 MWp
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Juniper Green Beam Eight, a wholly owned subsidiary, commissioned the final 5 MW wind turbine, completing the 50 MW wind component of its 75 MW hybrid power project. This raises the aggregate operational capacity of Juniper Green Energy and its subsidiaries to about 2,575 MWp along with about 500 MWh of battery energy storage. The remaining 25 MW of the hybrid project is expected to be solar.
Adds new operational renewable capacity, which should support incremental revenue and earnings once the project achieves steady-state generation and selling arrangements.