Revolve signs definitive agreement with Philippine Metals Inc as part of RTO on the TSX Venture Exchange
Dublin, Ireland, February 3rd, 2022 – Revolve Renewable Power, (“Revolve” or the “Company”) was delighted to get the opportunity to present details of the 1GW Bouse Solar & Storage and 250MW Parker Solar & Storage projects as part of the public consultation meeting organised by the Bureau of Land Management (“BLM”) in Arizona yesterday.
The public consultation meeting forms an important part of the ongoing solar variance process and right of way applications that the Company has submitted to the BLM for both of these projects. The Company looks forward to concluding the solar variance process with the BLM over the coming months and if approved moving into the detailed environmental review stage.
Rigoberto Bojorquez Head of Project Development for Revolve said: “We’re proposing the Bouse and Parker Solar & Storage projects to help accelerate the transition to net zero by delivering new sources of low carbon, renewable energy generation while also contributing to the BLM target of 25GW of renewable energy capacity on federal lands by 2025.”
“The Company has ambitious plans to grow its renewable energy development portfolio up to 5GW over the coming years and has a strong pipeline of projects in the US, such as the Bouse and Parker projects.
“The public consultation meeting provided the Company with a great opportunity to present the projects to local people and to hear their feedback. We will be conducting a further round of public consultation as part of the detailed environmental review and approval process.”
About Revolve Renewable Power
Revolve Renewable Power Limited (www.revolve-renewablepower.com) is in the business of developing utility scale renewable energy generation projects in North America with a particular focus on wind, solar and battery storage technologies.
The Company was established in 2012 and since then has successfully built a diversified portfolio of projects across the different renewable energy technologies in both the US and Mexican markets. It currently has a portfolio of 3.3 gigawatts (“GW”) of projects under active development and a further 1GW of greenfield opportunities, which it is in the process of converting to its pipeline in the near term.
Revolve is in the process of rapidly expanding its pipeline and development activities in the US and is targeting an active portfolio of up to 3GWs under development by the end of 2022 in addition to a 2GW target for Mexico.