Priority Power to develop 13-MW solar farm for HighPeak Energy
Jun 29, 2021 10:52 AM ET
- Energy options company Priority Power Management LLC last Thursday stated it has actually authorized a contract to provide a solar farm with a direct current (DC) ability of 13 MW for oil and gas firm HighPeak Energy Inc (NASDAQ: HPK).
As part of the contract, Priority Power will certainly develop, financing, engineer, construct, run as well as maintain the project, that includes a high-voltage substation, medium voltage circulation systems and also the solar farm near Big Spring, Texas. The solar farm will supply with power the business's drilling operations in the Flat Top location.
The solar farm will supply HighPeak with around 263 million kWh of power and also conserve over 100,000 statistics tonnes of carbon dioxide (CARBON DIOXIDE) emissions under the agreement, which has an initial regard to ten years.
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