texas

Engie North America – a regional subsidiary of French energy company Engie – has closed US$1 billion in tax equity financing to support a 1.3GW portfolio of solar PV and wind assets across the US.

Solar developer Lightsource bp has closed a US$348 million financing package to support the construction of a solar portfolio in Texas, US.

Enel North America, the US subsidiary of energy company Enel, has begun operations at a 297MWdc solar PV project in Navarro County, Texas.

Schneider Electric has invested in a portfolio of ENGIE solar-plus-storage projects in Texas through a Tax Credit Transfer Agreement.

Spanish renewables developer Greenalia has closed US$200 million in three-year credit facilities to support the development of solar PV, energy storage and wind projects in the US.

Tuesday 13 February was a record-breaking day for Texas solar, with ERCOT generating a peak of 16.7GW of electricity from solar sources.

Small-scale solar generation grew rapidly from 5,959GWh in 2012 to 61,281GWh in 2022, driven by the rapid uptake of installations on homes.

US solar developer Vesper Energy has closed US$590 million in financing for its 600MW Hornet solar project in Swisher County, Texas.

Under the deal, SFK will purchase a portion of the RECs from the power developed at Clearway’s 452MW solar PV project in Texas, US.

Danish renewables developer Ørsted has signed a 15-year power purchase agreement (PPA) to supply 80MW of solar PV power in the US to media company Bloomberg.