OCI Solar Power sells 110 MW Texas PV project to Mitsui

The project is expected to be operational in 2025. Image: OCI Solar.

US utility-scale solar power company OCI Solar Power has sold a 110MWac PV project in Texas to Japanese conglomerate Mitsui USA. 

Located in Hill County, Texas, the ‘Three W’ Solar project will begin construction in 2024, with operations starting in 2025. Currently, OCI Solar Power possesses more than 3GW of solar and energy storage projects in operation, under construction, and in development across the US. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

In February, OCI Solar Power signed an agreement with Mitsui USA to collaborate on this project. Under the agreement, OCI Solar Power will develop the projects and offer them to Mitsui Tokyo for investment.

The company said it had spent about two years developing the project, completing all environmental studies and addressing the electrical interconnection requirements needed to begin construction. 

“Now, we’re excited to announce that Mitsui has purchased the project and will take it to completion. Producing more reliable, sustainable, affordable energy is a win for all Texans,” said Charles Kim, president and CEO of OCI Solar Power.

The US has ramped up its domestic utility-scale clean energy investments in recent months. Previously, PV Tech reported that there were 26 solar projects announced in the past eight months, according to a study conducted by trade body the American Clean Power (ACP).

From 16 August 2022 – when US President Joe Biden signed the Inflation Reduction Act into law – to 31 March 2023, of the 46 new clean energy manufacturing facilities with a capacity of 96GW announced, solar projects accounted for 56.5%. Geographically, Georgia and Texas have three solar manufacturing plants respectively, more than any other states in the US. 

21 May 2024
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 21-22 May 2024, will be our third PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2025 and beyond.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2024
Sydney, Australia
Solar Media Events
May 21, 2024
Napa, USA
Solar Media Events
May 22, 2024
London, UK
Upcoming Webinars
May 29, 2024
11am (EDT) / 5pm (CEST)