星期三, 25 12 月, 2024
Home PV Companies SolarPro posts $10 million for Texas grid upgrades

SolarPro posts $10 million for Texas grid upgrades

The upgrade will connect to projects with a combined capacity of approximately 1 GW.

Source:pv magazine

In Texas, Solar Proponent (SolarPro) has a development pipeline of over 6 GW solar + storage through 2024. In order to connect its massive utility-scale solar project to the ERCOT grid, the company needed to contribute to funding upgrades.

The company announced it reached a $10 million interconnection agreement to connect the 345 KV portion of its Lunis Creek Solar project. The project, due for operations between 2023-24, is planned to reach capacities of 765 MW AC, with storage capacity to be announced.

This interconnection secured 480 MW along the South Texas Project – Angstrom transmission line, with the company having further plans to connect 600 MW AC to the line. The facility is also planned to be connected with a smaller adjacent 138 KV solar project.

As storms this February caused massive outages in the state, there is increasing pressure for bolstering the grid, adding extreme weather resilience, and integrating energy storage.

In March, a Colorado-based grid analysis firm Vibrant Clean Energy released a whitepaper that modeled the impact of energy storage on reliability. It found that in a “high renewables” attachment rate to the grid, about 40,000 MW of storage would have met all February blackout requirements in the state “with room to spare.”

Also planned for 2023-24 operation in Texas is the Clear Fork Creek solar project, a 650 MW AC facility with storage capacity to be determined. In total, SolarPro estimates its current projects can power about 230,000 homes per year, reduce emissions equivalent to 300,000 cars, and sequester carbon equivalent to planting 25 million trees.

SolarPro is backed by a $1.2 billion growth capital fund from EnCap Energy Transition, and has investors from Yorktown Partners and Mercuria Energy.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Liu Zhuo, Sales Manager of TBEA, delivered a speech titled “Green Energy Makes Life Better” at COP16

On the afternoon of December 9, Liu Zhuo, Sales Manager for the Middle East Region at TBEA, delivered a speech titled "Green Energy Makes...

Side Event Themed “Solar empowers land and People from scarcity to prosperity:Integrated Solutions for water, food and ecosystems” took place at COP16

The side event of the 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD) (COP16) "Solar empowers land and People from...

COP16 China Pavilion Side Event Series Report: Wang Weiying of China Renewable Energy Engineering Institute Proposed Coordinated Development of Renewable Energy and Ecology in...

The China Pavilion held a side event with the theme of "Planning and Ecological Design of Solar PV Power Stations in Desert Areas" on the...

Gao Sheng of Gaoming Technology said Solar greenhouses promote the development of agriculture in desertified area at COP16

The 16th Session of the Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD) (COP16) "Off-grid Solar Energy Empowers...