Diode Ventures reaches fin close for 100-MW solar project in Texas

• Diode Ventures LLC, part of engineering, procurement, consulting and also building company Black & Veatch Holding, on Wednesday stated it has actually secured financial close for a 100-MW solar project in Texas.

The Grizzly Ridge Solar Project, created in collaboration with RKB Energy LLC, lies near Fort Worth in Hamilton County and also has a direct current (DC) capability of 137.7 MW. The project is construction-ready and Diode is holding talks about including on-site battery energy storage to the solar capability.

The solar farm marks a significant landmark for Diode, because it is just one of the initial utility-scale solar projects the business developed from the extremely initial steps, president Brad Hardin commented.

"In Texas, we are seeing extra durable infrastructure advancement on the horizon to sustain large-scale energy generation from both eco-friendly as well as non-renewable sources," he included.