Austin signs contract for 150 MW of solar power
Originally published May 19, 2014
Austin Energy has awarded a contract to Recurrent Energy to create what will be Texas’s largest single solar facility and provide the municipal utility with 150 MW of power for 20 years. Terms of the deal were not disclosed.
"Recurrent Energy, which is well-established nationally, will construct a West Texas solar plant to provide 150 megawatts of power at a competitive rate," said Austin Energy General Manager Larry Weis. "This one action gives us a major step forward in meeting the Austin City Council’s goal of acquiring 200 megawatts of solar energy while keeping rates in line with affordability goals."
"This award from Austin Energy further proves solar’s ability to move into mainstream energy use," said Recurrent Energy CEO Arno Harris.
The Austin City Council in March authorized the utility to negotiate a 150-MW deal, and the Recurrent Energy proposal provided the best value for the city, Austin Energy said. Austin currently receives power from the 30-MW Webberville Solar Farm.
"Austin Energy’s commitment to renewable power began in the 1990s, when it signed up to take power from the state’s first commercial wind plant," Weis said. "We have learned a lot about how to incorporate renewable power into our overall portfolio."
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