Red-Tailed Hawk Solar is expected to break ground in second half of 2020 and be operational by the summer of 2022
Solar Plus Development, Inc. (“Plus”), a subsidiary of Plus Renewable Technologies, Limited, and Avondale Solar, LLC (“Avondale”) have entered into an agreement with J-POWER USA Development Co., Ltd. (“J-POWER USA“) to jointly develop a 350 MWac solar PV project in Wharton County, Texas (“Red-Tailed Hawk Solar”) that they have been developing via their equally owned joint venture company, AP Solar Holdings, LLC (“AP Solar”),
Red-Tailed Hawk Solar is expected to break ground in second half of 2020 and be operational by the summer of 2022. Due to its close proximity to the Houston metro area, the Red-Tailed Hawk Solar is expected to experience minimal curtailment and basis risk to the premium Houston Zone of ERCOT.
Trevor Nash, CEO of AP Solar Holdings, LLC, said, “We are very pleased to be working with J-POWER USA on the development of Red-Tailed Hawk Solar, and, based on the market dynamics and data that we are seeing, Red-Tailed Hawk Solar will be well positioned to provide low cost renewable power to the Houston Zone.”
Mark Condon, President and CEO of J-POWER USA, said, “We are excited to be involved in Red-Tailed Hawk Solar, which is strategically located in the fastest growing load pocket in ERCOT. This transaction is the first for J-POWER USA in the US renewable energy market and J-POWER USA looks forward to working with AP Solar to meet consumer demand for clean and reliable power for the Houston Zone.”
Source: Company Press Release