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Elmya Energy and Atlantica Sustainable Infrastructure Partner for U.S. Power Projects

In a significant move for sustainable energy, Elmya Energy and Atlantica Sustainable Infrastructure Ltd. have announced the establishment of a joint venture called Elmantic. This initiative aims to develop 4 gigawatts (GW) of utility-scale renewable energy projects across the United States. The announcement reflects a strategic partnership between two industry leaders committed to enhancing the renewable energy landscape in America.

The Vision Behind Elmantic

Elmantic will leverage the extensive experience and expertise of both Elmya and Atlantica. Elmya, originally founded as an electrical contractor in 1966 in Seville, Spain, has evolved into a major player in the renewable energy sector, successfully connecting more than 3 GW of renewable projects globally. Its deep understanding of project development is complemented by Atlantica's operational excellence and focus on sustainable infrastructure that spans North America, Europe, and South America.

Carlos Piñar, the Managing Director of Elmya, emphasized the importance of the U.S. energy market, stating, "The U.S. stands as one of the largest and most dynamic markets for energy in the world." He believes that this partnership signifies their confidence in the growing role of renewables in contributing to the economy. The joint venture comes at a pivotal moment, considering the ongoing evolution in the U.S. power industry.

Focus on Development and Infrastructure

Initially, Elmya Energy will concentrate on greenfield development of renewable energy and battery storage projects, particularly within the ERCOT (Electric Reliability Council of Texas) and WECC (Western Electricity Coordinating Council) markets. Their strong track record in project execution, backed by a data-driven approach to project advancement, positions Elmantic as a robust new player in the industry.

Colin Mott, the Head of North America for Elmya Energy USA, expressed a commitment to maintaining Elmya's hard-earned reputation for reliability and community engagement. He indicated that their approach is not just about energy generation but also about collaborative partnerships with landowners and local communities to ensure benefit for all parties involved.

As part of their strategy, Elmantic aims to navigate the complex landscape of renewable energy development, capitalizing on current demand and competitive pricing. They plan to bring new projects online swiftly, aiming for efficiency in their processes to outpace other energy generation sources.

Opportunities for Growth

The recent shifts in interconnection queues present new opportunities in the field, and Elmantic's strategy involves a focus on superior site selection and development practices. As Colin Mott pointed out, the potential for growth in renewable energy is promising, and Elmantic is well-positioned to seize these opportunities and drive further advancements in the sector.

About Elmya Energy

Elmya Energy stands out as an international leader in renewable energy, having transitioned from a high-voltage contractor to a specialist in developing and operating solar photovoltaic (PV) and storage projects, alongside green hydrogen initiatives. For over 15 years, Elmya has made significant strides in connecting renewable energy projects to the grid. With a workforce of more than 400 skilled professionals, the company is dedicated to pushing the boundaries of renewable energy, ensuring timely and reliable solutions to an ever-evolving market.

For further details about Elmya Energy and their endeavors, please visit their official website at elmya.com.