Alphabet breaks ground on 2.5 GW Arkansas solar-plus-storage project with Cypress Creek Energy

Alphabet Inc. Class A

Alphabet Inc. Class A

GOOGL

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  • Alphabet broke ground on the Steel River Energy Center in Arkansas, billed as its largest solar-plus-storage project to date.
  • Google will back the first two phases as anchor investor and offtaker, adding 1.6 GWdc solar capacity and 1.9 GWh battery storage.
  • The full three-phase build targets 2.5 GWdc solar and 2.9 GWh storage by 2029, feeding the regional grid.
  • Project economics include about 700 construction jobs and an estimated $300 million in tax revenue over the project’s life.
  • Google committed $5 million for energy affordability initiatives for Arkansas residents and K-12 schools.


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