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San Antonio's CPS Energy Takes Advantage of Solar Power Market Opportunities

CPS Energy , the municipal gas and electricity utility for Greater San Antonio, has announced that OCI Solar Power LLC (Atlanta, Georgia) has been selected to develop a photovoltaic project in San Antonio.

Released Friday, April 20, 2012

San Antonio's CPS Energy Takes Advantage of Solar Power Market Opportunities

Researched by Industrial Info Resources (Sugar Land, Texas)--CPS Energy (San Antonio, Texas), the municipal gas and electricity utility for Greater San Antonio, has announced that OCI Solar Power LLC (Atlanta, Georgia) has been selected to develop a proposed 400-megawatt (MW) photovoltaic project in San Antonio. If the project is completed, it will be the largest solar project to date in the Lone Star State. The total investment value is estimated to be about $1 billion dollars.

CPS Energy, in partnership with OCI, plan to construct the first phase of a multiphase, 400-MW solar power station. The first phase will consist of 30 MW and will be constructed on a 170-acre site west of San Antonio. This solar park will provide a total of 30 MW of clean, renewable energy, which is enough electricity for about 10,000 households.

Each phase of the solar project will become operational over a period of five years. The first phase is scheduled to begin construction in 2013. These solar power stations will present local economic benefits by creating more than 800 new green-energy jobs in engineering and manufacturing within the area.

The solar project will provide 400 MW of zero-emission energy, as well as zero water use, which is a great benefit, as water in the region is already in short supply. The project will also provide an opportunity for the community to participate in the new green-energy trends to help drive a cleaner-energy future.

View Project Report - 300056039

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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