Intersect Power Energizes Massive 640-MW Lumina Solar Park
- Intersect Power's Lumina Solar project in Texas is now operational, generating enough power for 243,000 homes and providing economic development and energy security.
Intersect Power has announced that its Lumina Solar project in Texas has achieved commercial operation. The solar park has a capacity of 828 MWp/640 MW AC and is equipped with First Solar panels. It is expected to generate enough power to cover the demand of over 243,000 homes annually. The facility will also generate Renewable Energy Credits, which will be purchased by two undisclosed Fortune 100 companies. With the completion of Lumina Solar, Intersect Power's base portfolio is now fully operational, totaling 2.2 gigawatts of solar capacity and 1.4 gigawatt hours of storage in Texas and California.
The funds for the construction and operation of the project were obtained as part of a broader portfolio financing announced in September 2022. Intersect Power's CEO, Sheldon Kimber, expressed pride in the company's fully operational portfolio, highlighting the economic development, job creation, and energy security it brings to the country.
What is the capacity and significance of Intersect Power's newly operational Lumina Solar project in Texas?
- The Lumina Solar project in Texas has a capacity of 828 MWp/640 MW AC, making it a significant addition to the renewable energy landscape.
- Equipped with First Solar panels, the solar park is expected to generate enough power to cover the demand of over 243,000 homes annually.
- The facility will also generate Renewable Energy Credits, which will be purchased by two undisclosed Fortune 100 companies, further highlighting its significance in the renewable energy market.
- With the completion of Lumina Solar, Intersect Power's base portfolio is now fully operational, totaling 2.2 gigawatts of solar capacity and 1.4 gigawatt hours of storage in Texas and California.
- The funds for the construction and operation of the project were obtained as part of a broader portfolio financing announced in September 2022, indicating the financial support and confidence in Intersect Power's renewable energy projects.
- Intersect Power's CEO, Sheldon Kimber, expressed pride in the company's fully operational portfolio, emphasizing the economic development, job creation, and energy security it brings to the country. This highlights the positive impact of the Lumina Solar project on the local economy and the renewable energy sector as a whole.