Austin Energy and Recurrent Energy Agree to Deal to Build Texas' Largest Single Solar Facility
A San Francisco-based firm plans to build Texas largest single solar facility, which would help power Austin.
Recurrent Energy has signed a 20-year deal with Austin Energy, the municipally owned power provider, to build a 150-megawatt solar farm in West Texas, the companies announced Thursday.
Recurrent expects to complete the farm by 2016, sending the electricity over transmission lines that connect West Texas and Austin.
The parties declined to discuss other details, such as where the facility will sit or how much it will cost. Austin had been considering a 25-year, $525 million contract with SunEdison, which was thought to be one of the worlds cheapest solar deals, the Austin-American-Statesman reported in March. Austin Energy said the Recurrent proposal provided the best deal for the city.
More at http://www.texastribune.org/2014/05/15/texas-largest-solar-plant-power-austin/ .