Austin Energy, Recurrent Energy sign contract for utility-scale solar projects
05/16/2014
North American solar project developer, Recurrent Energy, has signed a contract with Austin Energy for 150-MW of solar capacity in West Texas.
"With our largest utility scale solar award, we are taking an important step towards meeting our goal of acquiring 200-MW of solar energy by 2020," said Larry Weis, Austin Energy General Manager. "Solar power has reached a price that is competitive in the ERCOT market, allowing us to further diversify our energy portfolio with renewable resources."
The solar facility is expected to be completed in 2016. Upon completion, the site will be Texas' largest single solar power plant.
The power will be delivered to Austin Energy under a 20-year Power Purchase Agreement.
Read more project news
05/16/2014
North American solar project developer, Recurrent Energy, has signed a contract with Austin Energy for 150-MW of solar capacity in West Texas.
"With our largest utility scale solar award, we are taking an important step towards meeting our goal of acquiring 200-MW of solar energy by 2020," said Larry Weis, Austin Energy General Manager. "Solar power has reached a price that is competitive in the ERCOT market, allowing us to further diversify our energy portfolio with renewable resources."
The solar facility is expected to be completed in 2016. Upon completion, the site will be Texas' largest single solar power plant.
The power will be delivered to Austin Energy under a 20-year Power Purchase Agreement.
Read more project news
Sent from my BlackBerry 10 smartphone.
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