Gas pipe company will power operations with 28-MW solar farm
- Canadian Solar announced its completely owned subsidiary, Recurrent Energy is presently building the 28-MWac Maplewood 2 Solar Project for Energy Transfer, a Dallas-based Fortune 100 midstream power firm.
Maplewood 2 lies in Pecos County in the Permian Basin of West Texas, and will clean power to Energy Transfer under a 15-year Power Purchase Agreement (PPA). This PPA marks Energy Transfer's first-ever specialized solar agreement.
" The Maplewood 2 Solar Project is our 3rd project to be built in Texas, bringing our total amount to greater than 385 MWac of low-cost tidy solar projects built in the Lone Star State. We are pleased that this project is now under construction, as it brings us that a lot closer to providing inexpensive, tidy power to Energy Transfer," claimed Dr. Shawn Qu, Chairman and also Chief Executive Officer of Canadian Solar.
" The Maplewood 2 Solar Project demonstrates our dedication to minimizing our environmental impact by incorporating alternate energy sources when financially useful," stated Mackie McCrea, President and also Chief Commercial Officer, Energy Transfer. "While we currently utilize a diversified mix of energy sources along with emission-reducing modern technologies to run our properties, this project marks a brand-new milestone for us as our first specialized solar-powered facility."
Texas has led the manufacturing of energy since the discovery of the Spindletop oilfield in 1901. The state's location and also natural resources, experienced manpower, as well as internal competitive power market, the Electric Reliability Council of Texas (ERCOT), offer it an energy benefit. According to a record by Wood Mackenzie as well as the Solar Energy Industries Association, Texas rates 4th in the U.S. for solar set up, with sufficient solar ability to power greater than 640,000 residences, as well as is positioned to end up being an across the country leader with more than 4 GW of capacity anticipated to be installed over the following five years.
Dr. Qu added, "Our collaboration with Energy Transfer on the Maplewood 2 Solar Project is emblematic of the diverse Texas power landscape as well as represents the market-oriented organization environment the state is so well known for. It's incredible to be dealing with Energy Transfer to supply an affordable, clean power solution that will support their U.S. operations."
The Maplewood 2 Solar Project is estimated to be in operation in Q1 2021.