7X Energy has entered into a second power purchase agreement for the remaining power of its 690MW Taygete Energy Project, located in Pecos County, Texas.
The PV energy generated by the Taygete facility will be purchased by two large corporate entities in SolarBlocks,, a fixed shape solar energy product offered by 7X Energy. The project will be developed in two phases, with the first phase set to start construction in the third quarter of 2019. The second phase will begin construction in the first quarter of 2020.
Once constructed, Taygete will be the largest solar facility in Texas and the fifth largest PV installation located in the US.
Joe Shuster, judge of Pecos County, said: “Pecos County is proud to have 7X Energy’s Taygete Energy Project and, upon completion, not only will it be the largest solar farm in the State of Texas, it will also make Pecos County the largest solar-producing county in the state. This new industry brings multiple jobs to the county, provides good revenue to the landowners, provides electricity to the local grid, and helps create a stable tax base so that Pecos County can continue to provide services such as law enforcement, fire protection, maintenance of roads and bridges, medical, and emergency medical services to county residents.”
The Taygete Energy Project stands as a capital investment in Texas of over US$650 million and is expected to bring approximately 500 jobs to Pecos County during peak construction with actual construction spanning over a two-year period.
