Xcel Energy invites proposals for 200MW of Texan PV

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

A subsidiary of Xcel Energy, one of the largest electric utilities in the USA, has issued a request for proposals (RFP) for up to 200MW of PV capacity in the state of Texas.

Southwestern Public Service Company (SPS), one of the four subsidiary companies that make up Xcel Energy, is soliciting proposals for PV projects until 10 October.

It did note however that depending on the quality of bids – and other factors including updates to the company's forecasts, availability of transmission lines and regulatory changes – the company could elect to acquire more or fewer resources than the 200MW. 

According to SPS, it is interested in projects that could be operational by 31 December 2016. A recent study by GTM Research claimed that owing to the Investment Tax Credit (ITC) drop-off in 2017, it expected to see a “huge boom” in installations in 2016, followed by a “complete collapse”.

Successful projects under the SPS tender would be contracted to power purchase agreements (PPAs). Based in Amarillo, Texas, SPS serves around 383,000 customers, serving regions of Texas, New Mexico, as well as parts of Oklahoma and Kansas. Parent company Xcel Energy has around 3.5 million electricity and 1.9 million natural gas customers in its service areas.

In a July report on utilities and clean energy deployment, Xcel Energy was ranked second highest for renewable energy sales among investor-owned US electric utilities. The lead author of that report, Bryce Yonker of Clean Edge Consulting, said it showed that, “The marketplace is changing and the utilities are seeing that, and they’re shifting their business models to accommodate how they can bring renewables and energy efficiency on line.”

Texas was noted by US trade body Solar Energy Industries’ Association (SEIA) as one of the US states with the most untapped solar potential and the state got the first solar industry group of its own, the Texas Solar Power Association (TSPA), in June. TSPA was formed by a consortium of solar energy companies.

Meanwhile another Texas-based utility, El Paso Electric, said back in the same month that using a mixture of natural gas and solar, it would be able to not only meet Environment Protection Agency (EPA) standards on greenhouse gas emissions by 2016 but could also be completely “coal-free” by then.

19 October 2021
This year’s EV World Congress will hold a special role, not only as the first live EverythingEV event in over a year – a chance to renew your connections and re-engage with the EV sector face to face – but also as a chance to share insight and inspiration as world starts to look towards move on post COVID towards hitting ambitious decarbonisation goals in 2030 and beyond. As ever, we will be bringing world leading organisations, cities, and technology providers to the UK to inspire EV innovators, and delve into the challenges facing the sector as the UK looks to revolutionise road transport.
20 October 2021
Utility-scale solar is evolving, shaped by higher power modules and demand for increasingly lower levelised cost of electricity (LCOE). Those trends are also changing project requirements elsewhere, with inverters capable of delivering high power density and power capacity in strong demand. In this webinar, FIMER will detail how its innovative high-power, multi-MPPT string inverter and modular conversion solution can both meet those demands and transform the utility-scale solar sector for the better.
20 October 2021
The race is on but we need to sprint… With global climate talks fast approaching and time running out to prevent the most disastrous impacts of climate change, now is the time to act. The Summit will explore the opportunities that emerge from taking action on climate change and provide a clear pathway forward for governments, citizens and companies. Taking place just 10 days before the G20 meeting in Rome, on 30-31 of October, and in the lead up to the critical COP26 meeting in Glasgow from 31 October–12 November, this event will be instrumental in influencing ambitious global action.
10 November 2021
The solar tracker market continues to mature at breakneck speed, with designs and component selections becoming ever-more complex in the pursuit of better project economics. But a more simplistic design could deliver a triple benefit of lower Capex, EPC and Opex costs. This webinar will set out the ideal single axis tracker design for utility-scale solar farms. The design leapfrogs from decades of experience, with a comprehensive understanding and attention to the three cost structures of Capex, EPC and Opx. Sun and Steel Solar has prototyped a single axis tracker designed to deliver up to US$0.03/W in real savings compared to existing single axis trackers on the market. That’s US$30 million for every gigawatt deployed.
15 November 2021
The 10th edition of the famous Metallization and Interconnection Workshop, MIW2021, will take place in the Thor Central venue in Genk, Belgium, on Monday, November 15, and Tuesday, November 16, 2021 as a face-to-face meeting. We are longing for direct exchange of knowledge and ideas after a long time. Hopefully you can be part of it! But of course, the organizors will keep an eye on the evolution of the Covid pandemic. It will be assess carefully, whether the workshop can be held without major risks or excessive restrictions. We are looking forward to exciting talks, discussions and meetings and to welcoming you in Genk!
23 November 2021
The solar, storage and EV industries in the UK are going from strength to strength. There is no better place for the community to meet, share ideas and do business than Solar & Storage Live from 23-25 November at the NEC.There’s something for everyone; more than 150 exhibitors, a high-level conference, a start up and innovation zone, a poster zone, strategic partners to network with and much more. 

Read Next

October 19, 2021
Lightsource bp has announced its entry into Poland’s solar market through a co-development deal which will see the developer proceed with a 757MWp pipeline in the country.
October 19, 2021
Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.
October 19, 2021
The White House has said renewables are still key to its budget reconciliation bill despite rumours of the investment tax credit (ITC) being modified as opposition to the bill by senators Manchin and Sinema continue
October 19, 2021
Europe's energy crisis can be a boon for renewables deployment on the continent by bolstering business cases, but familiar foes such as grid constraints will still need to be hurdled in the coming years.
October 19, 2021
Solar tracker manufacturer Soltec has signed a framework agreement with renewables developer Acciona Energia to supply trackers over a three-year period.
October 18, 2021
Heterojunction cell and module manufacturer Meyer Burger has appointed a new CFO just one year after incumbent Jürgen Schiffer took on the role.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 19, 2021
Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021