Much of the new utility-scale solar will be in West Texas where transmission capacity that benefits wind resources is helping to spur solar development.
Two projects, one in North Carolina and the other in Texas, will keep the candy maker on track to cut its emissions by more than 50% by 2030.
The bank said that the most reasonable solutions to prevent winter storm blackouts are within the bounds of being economically justified.
The PV solar resource at the 2,000-acre site ranges means the 200 MW project is expected to generate 537.30 GWh of electricity in its first year of operation.
The project is located southwest of Houston and would be brought on in blocks starting later this year.
The 260 MW Brazoria West Solar Project was sold by Savion and marks S&B USA’s second solar buy since entering the U.S. market.
The new company will develop and manage a portfolio of 500 MW of distribution-level energy storage assets across Texas.
The utility alleged that ERCOT “ran up $20 billion in charges” for five days of energy supply due to its “lack of oversight, preparedness, and failure to follow its own protocols.”
The 100 MW battery storage system would provide black start and balancing services for a volatile node within ERCOT.
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