星期二, 24 12 月, 2024
Home PV News US fossil fuel developer goes solar with 350 MW project

US fossil fuel developer goes solar with 350 MW project

The economics of a solar project in Texas are so compelling coal and gas developer J-Power wants a piece of the action.

Source:pv magazine

The 350 MWac Red-Tailed Hawk Solar project planned by the U.S. business of Japan’s largest coal-fired power station operator will be the first renewables facility owned by J-Power USA in the States.

The project, in Wharton County, Texas, will be developed by the electric utility – which runs a 6.5 GW, 12-site gas portfolio in the U.S. – with investor Avondale Solar and Solar Plus Development through the AP Solar Holdings joint venture formed by Avondale and Hong Kong-based project developer Plus Renewables.

The Red-Tailed Hawk project is planned neRear the load center of Houston, a high power demand area, and is set to be operational in 2022 after breaking ground this year. Mark Condon, chief executive of J-Power USA, has labelled the location “the fastest growing load pocket in Ercot,” in a reference to Texan electricity transmission system operator the Electric Reliability Council of Texas.

“We are excited to expand our development capabilities into the renewable energy field,” said Condon.

J-Power USA’s parent is a 60-year-old Japanese utility with an 18 GW coal, hydro, pumped storage and wind portfolio.

Trevor Nash, chief executive of the AP Solar joint venture, also welcomed the project, stating: “Based on the market dynamics and data that we are seeing, Red-Tailed Hawk Solar will be well-positioned to provide low-cost renewable power to the Houston zone.”

Texan solar

Developer Plus Renewable Technologies and Avondale last month agreed to sell their interests in the 350 MWac Fighting Jays Solar project in Fort Bend County, Texas, to an affiliate of the Copenhagen Infrastructure Partners investment fund which usually focuses on wind power. Fighting Jays Solar is expected to break ground in the second half and be operational by the summer of 2022.

Big solar is back in the U.S. with 100 MW-plus projects proliferating in virgin markets including Arkansas, Mississippi and Alabama. Analyst Wood Mackenzie expects the number of solar projects with a generation capacity of more than 120 MWac commissioned in the U.S. to grow from 11 last year to 32 next year.

Large projects are no longer driven by renewable portfolio standards imposed on utilities but by corporate clean energy buyers and the competitive pricing of solar power and solar-plus-storage projects.

If there is one solar segment likely to be able to weather a pandemic it is utility scale PV. Big solar supply chains tend to be delayed by such disruption, rather than broken – and it is easier to work at a safe distance from colleagues on a 500-acre solar site than a residential rooftop.

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...