August 27, 2020 Read More →

Texas solar boom continues with pair of utility-scale projects

PV Tech:

Two more utility-scale solar projects in Texas with a combined capacity of more than 400MWdc have closed financing, continuing the Lone Star state’s booming solar run.

US-based developer Longroad Energy announced financial close and the start of construction at its Prospero 2 solar project, a 331MWdc solar farm in Andrews County. Located adjacent to Longroad’s existing Prospero 1 project, the array is slated to come onstream in Q2 2021.

The project will combine First Solar’s Series 6 panels with inverters from Power Electronics and Nextracker mounting structures. Engineering, procurement and construction will be conducted by Swinerton Renewable Energy.

Analysis compiled last month by the Institute for Energy Economics and Financial Analysis concluded that a surge in new utility-scale solar will push much of Texas’ remaining coal-fired plants into retirement in the next few years, such is the pace of deployment and economic advantage. 

[Liam Stoker]

More: Double financing deal continues Texas’ utility-scale solar run

Posted in: IEEFA In the News

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