Doral secures offtaker for Texas 430-MW Cold Creek Solar project

• Doral Renewables lined up an offtaker for most output from its 430-MW Cold Creek Solar project in West Texas, unlocking financing and construction momentum.

Doral Renewables has signed an offtake agreement covering the majority of generation from its 430-MW Cold Creek Solar project in Schleicher and Tom Green counties, Texas—a key step that typically unlocks financing and moves large projects into full-speed build mode. In ERCOT, where wholesale prices can swing widely, a bankable counterparty is the cornerstone of project de-risking.

Cold Creek’s design follows the modern West Texas template: single-axis trackers, high-efficiency modules, and a DC/AC ratio tuned for strong annual yield in high-insolation, high-temperature conditions. Plant-level controls provide voltage support, frequency ride-through, and rapid curtailment response aligned with ERCOT’s evolving grid code. While base scope is solar, Doral has preserved interconnection headroom and pad space for a future multi-hour battery to shift noon output into evening peaks and capture ancillary-service revenues.

The commercial structure likely blends fixed and indexed pricing to balance risk between buyer and seller, with availability guarantees and performance testing that anchor lender confidence. For the offtaker—whether a utility, retailer, or large corporate—the deal delivers long-term price visibility and credible emissions reductions without siting on-premise infrastructure.

Construction logistics in West Texas hinge on cadence and quality control: keeping racking ahead of module crews, verifying torque specs and grounding continuity, and maintaining dust and traffic management plans to protect neighbouring properties. With transformers and protection gear still the pacing items, early reservations and vendor diversification help keep milestones intact.

Community benefits track the familiar pattern: hundreds of peak construction jobs, local procurement, and steady tax receipts over the project’s life. Biodiversity and drainage plans—swales, sediment basins, and managed groundcover—are integrated to handle storm events and reduce erosion on semi-arid terrain.

With an anchor offtake now in hand, Cold Creek is positioned to progress through remaining notices-to-proceed and into energisation phases—adding a substantial block of clean daytime energy to ERCOT and, in time, the flexibility to deliver after dark.