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Released April 01, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. is home to $30 billion worth of solar-generation projects that are planned to begin construction in the second quarter, about $8 billion of which has a high likelihood (81% or more) of moving forward as planned, as solar power continues to be a driver for the energy transition. Texas, which in 2023 surpassed California as the leading U.S. state for installed utility-scale solar capacity, leads all U.S. states in terms of the investment value of high-probability projects.
According to a March 7 report from Wood Mackenzie (Edinburgh, Scotland) and the Solar Energy Industries Association (SEIA) (Washington, D.C.) titled "U.S. Solar Market: 2023 Year in Review," Texas installed more solar generation in 2023 than California for the second time in three years. "This is being driven by utility-scale installations in Texas, which amounted to nearly 4 GWdc (gigawatts) in Q4 2023 alone," according to the report's executive summary.
For more information on the report, see March 11, 2024, article - Report: U.S. Solar Market Sizzled in 2023, Further Strong Growth Expected, and click here to read Industrial Info's December 28, 2023, article on U.S. solar-power kickoffs that were on track to kick off in the first quarter.
Industrial Info is tracking projects aimed at boosting Texas' utility-scale solar capacity, including plenty that are planned to kick off in the second quarter. One of the highest-valued projects is Hecate Energy's (Chicago, Illinois) $975 million Pinnington solar plant in Jacksboro, northwest of Dallas. The plant is designed to utilize roughly 1.5 million photovoltaic (PV) solar panels on a single-axis ground-mounted system to provide 650 megawatts (MW) of solar generation. The project is expected to wrap up in mid-2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project.
Meanwhile, Canadian energy company Enbridge (NYSE:ENB) (Calgary, Alberta) expects construction of its Eldorado Solar Project in Putnam, east of Abilene, will kick off in April. The plant is expected to utilize about 738,000 PV solar panels from Renogy (Ontario, Canada) to provide up to 400 MW of solar power to the Texas grid via the Electric Reliability Council of Texas (ERCOT) market. Site preparation is underway, and according to the project website, Enbridge expects the plant will become operational in late 2025.
Also expected to kick off in April is a second phase, known as the Deville project, that is planned to provide an additional 350 MW of generation to the site when it becomes operational in 2026. Subscribers can read detailed reports on the Eldorado and Deville projects, which have a combined investment value of more than $1 billion.
In California, Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) subsidiary Recurrent Energy LLC expects construction of the 225-MW second phase of its Crimson Solar Project in Blythe, will kick off in June and wrap up in late 2025. The 225-MW first phase kicked off in late 2023 and is expected to wrap up in mid-2025. A co-located battery energy storage system (BESS) is already operational. The entire effort is located on approximately 2,000 acres of federal land managed by the U.S. Bureau of Land Management. Subscribers can read detailed information on the first and second phases.
Arizona also has a high dollar value of utility-scale solar projects, many of which have a BESS component so the renewable energy can be used at times when the sun isn't shining. Arizona Electric Power Cooperative (AEPCO) expects its $600 million Apache II solar-plus-storage project in Cochise will kick off in May. The project, which could be operational as soon as summer 2025, will add 270 MW of capacity to an existing 20-MW plant and also feature a lithium-ion BESS capable of storing up to 940 megawatt-hours. AEPCO is a generation, transmission, and energy services provider for electric distribution cooperatives and public utilities in Arizona, California, Nevada and New Mexico. Click here for the project report.
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
According to a March 7 report from Wood Mackenzie (Edinburgh, Scotland) and the Solar Energy Industries Association (SEIA) (Washington, D.C.) titled "U.S. Solar Market: 2023 Year in Review," Texas installed more solar generation in 2023 than California for the second time in three years. "This is being driven by utility-scale installations in Texas, which amounted to nearly 4 GWdc (gigawatts) in Q4 2023 alone," according to the report's executive summary.
For more information on the report, see March 11, 2024, article - Report: U.S. Solar Market Sizzled in 2023, Further Strong Growth Expected, and click here to read Industrial Info's December 28, 2023, article on U.S. solar-power kickoffs that were on track to kick off in the first quarter.
Industrial Info is tracking projects aimed at boosting Texas' utility-scale solar capacity, including plenty that are planned to kick off in the second quarter. One of the highest-valued projects is Hecate Energy's (Chicago, Illinois) $975 million Pinnington solar plant in Jacksboro, northwest of Dallas. The plant is designed to utilize roughly 1.5 million photovoltaic (PV) solar panels on a single-axis ground-mounted system to provide 650 megawatts (MW) of solar generation. The project is expected to wrap up in mid-2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project.
Meanwhile, Canadian energy company Enbridge (NYSE:ENB) (Calgary, Alberta) expects construction of its Eldorado Solar Project in Putnam, east of Abilene, will kick off in April. The plant is expected to utilize about 738,000 PV solar panels from Renogy (Ontario, Canada) to provide up to 400 MW of solar power to the Texas grid via the Electric Reliability Council of Texas (ERCOT) market. Site preparation is underway, and according to the project website, Enbridge expects the plant will become operational in late 2025.
Also expected to kick off in April is a second phase, known as the Deville project, that is planned to provide an additional 350 MW of generation to the site when it becomes operational in 2026. Subscribers can read detailed reports on the Eldorado and Deville projects, which have a combined investment value of more than $1 billion.
In California, Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) subsidiary Recurrent Energy LLC expects construction of the 225-MW second phase of its Crimson Solar Project in Blythe, will kick off in June and wrap up in late 2025. The 225-MW first phase kicked off in late 2023 and is expected to wrap up in mid-2025. A co-located battery energy storage system (BESS) is already operational. The entire effort is located on approximately 2,000 acres of federal land managed by the U.S. Bureau of Land Management. Subscribers can read detailed information on the first and second phases.
Arizona also has a high dollar value of utility-scale solar projects, many of which have a BESS component so the renewable energy can be used at times when the sun isn't shining. Arizona Electric Power Cooperative (AEPCO) expects its $600 million Apache II solar-plus-storage project in Cochise will kick off in May. The project, which could be operational as soon as summer 2025, will add 270 MW of capacity to an existing 20-MW plant and also feature a lithium-ion BESS capable of storing up to 940 megawatt-hours. AEPCO is a generation, transmission, and energy services provider for electric distribution cooperatives and public utilities in Arizona, California, Nevada and New Mexico. Click here for the project report.
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
