Intersect Power secures PPA for 150MW PV project in Texas

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Located in West Texas, Intersect Power boasts an approximate 687 hectare land lease and ERCOT interconnection for this project. Image: Stuart Seeger / Flickr

Utility-scale power company Intersect Power has been awarded a power purchase agreement from Austin Energy for a 150MW PV project in Texas that is expected to reach commercial operation in 2020.

Intersect Power, through its IPREH joint venture with Macquarie Infrastructure Corporation, is developing the 150MW project, which will have the capacity to upsize to 180MW.  Located in West Texas, Intersect Power boasts an approximate 687 hectare land lease and ERCOT interconnection for this project.

Sheldon Kimber, CEO and co-founder, Intersect Power, said: “The Intersect Power team has a strong track record of delivering on cost effective solar power. Our expertise in development, design, supply chain and financing allows us to develop projects with compelling economics and this project showcases that capability.”

Jackie Sargent, Austin Energy general manager, added: “This purchase power agreement not only gets us closer to achieving the City’s renewable energy goals, but it’s also a good deal for our customers. I am pleased that we can pursue this affordable project and continue to demonstrate economic and environmental leadership on behalf of our community.”

3 May 2023
Large Scale Solar Summit is coming back to the US after a sell-out year in 2022! Designed as a meeting place for deal-making, we will not only discuss the most up to date topics and technologies but will also provide varied networking platforms so that developers, EPCs, manufacturers, asset owners, and investors can connect with possible clients and partners. Join us in Texas to meet with the top players in the industry and expand your network as business booms.
6 June 2023
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