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Solar Development Leads Texas to $2.5 Billion in Third-Quarter Power Project Starts

Solar Development Leads Texas to $2.5 Billion in Third-Quarter Power Project Starts

power

Industry Segment: Power | Word Count: 1025 Words
Attachment: solar

SUGAR LAND--June 10, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Texas is well positioned for solar-energy development due to its abundant sunshine and competitive retail energy market. However, the state's current growth of renewable energy is outpacing grid capacity, causing utilities to curtail production. Industrial Info is tracking $2.5 billion in high- and medium-probability (70-99% chance of kicking off as planned) Power Industry projects in Texas that are planned to kick off in the third quarter, which leads all states in the U.S., including $1.8 billion for solar development.

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