Search Results for: texas

Texas Solar Power Growth Changing the Shape of Daily Electricity Supply in ERCOT

The electricity mix of energy sources in Texas, managed by the Electric Reliability Council of Texas (ERCOT) electricity grid operator, changed noticeably in 2023. Although wind power remains the largest source of renewable power in the state, the installation of new wind turbine capacity slowed in 2023, while additions of … [continued]

Lightsource bp Completes $348 Million Financing Package for Two Utility-Scale Solar Projects in Texas

288 megawatts of new solar capacity will generate enough electricity to reliably power 50,000 homes Financing includes a suite of transferability facilities made possible by the Inflation Reduction Act Projects to bring additional energy security and diversification to the Texas electric grid Lightsource bp has successfully closed on a $348 … [continued]

Primergy Secures $588M in Project Financing & PPA with Microsoft for 408 MW Solar Project…

OAKLAND, California — Primergy Solar LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase … [continued]

Midjourney generated image of a figleaf dripping black oil

$80 Million from Investing in America Agenda to Address Legacy Pollution by Plugging Orphaned Wells…

WASHINGTON — The Department of the Interior today announced a nearly $80 million investment through President Biden’s Investing in America agenda for the state of Texas to continue work plugging, capping and reclaiming orphaned oil and gas wells across the state. This investment is the first Phase 1 formula grant awarded … [continued]