Avangrid and NTUA sign 1GW wind, solar & storage MOU

AVANGRID, part of the Iberdrola Group, and the Navajo Tribal Utility Authority (NTUA), the largest multi-utility enterprise owned and operated by a Native American tribe, have signed a memorandum of understanding (MOU) to explore opportunities to develop up to 1 GW of wind, solar and battery storage projects within the Navajo Nation in the states of New Mexico and Arizona.

The two parties said in a statement that the partnership would enable them to “create new jobs, create economic development on the Navajo Nation, offset lost revenue on the Navajo Nation, and bring reliable, affordable, and renewable energy to power Navajo Nation businesses and residents”.

The statement added that, as part of this partnership, AVANGRID and NTUA will explore how the projects being considered could benefit from the Inflation Reduction Act. “The IRA opens a path to meaningful emissions reductions in Indian tribes through the development of projects that can help them transition to a cleaner energy economy,” the statement said.

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