The project will mean new corporate headquarters and US manufacturing operations for global companies in San Antonio.
The offer from OCI Solar Power is expected to result in 400MW of zero-emissions solar energy, 800-plus professional and technical jobs, and about $1bn in construction investment.
With about $1bn in construction investment, estimates place the economic development benefit from Texas construction at $177m.
In response to CPS Energy’s request for proposals, OCI Solar Power invited manufacturers from across the industry to be part of its consortium.
As outlined by OCI Solar Power, the solar project would become operational in phases over the next five years.
