U.S. Southwest Hosts $7 Billion in Planned First-Quarter Renewable Energy Project Kickoffs

Researched by Industrial Info Resources (Sugar Land, Texas)--With its vast wealth of wind and solar resources, the U.S. Southwest market region easily takes first place in the value of renewable energy projects that are planned to commence construction in first-quarter 2021. The region, which includes Texas, Oklahoma, Arkansas and Louisiana, is home to more than $7.2 billion worth of renewable energy projects that are planned to kick off construction in the upcoming quarter.

Click on the image at right for a graph showing planned U.S. renewable project kickoff activity by market region.

Not all the projects will move forward as planned. In just the Southwest market region, 16 projects worth nearly $5 billion are assessed as having a high (81% to 99%) or medium (70% to 80%) probability of kicking off according to schedule.

The high- and medium-probability projects include more than $2.5 billion worth of wind projects, such as NextEra Energy Incorporated's (NYSE:NEE) (Juno Beach, Florida) 500-megawatt (MW) White Mesa Windfarm near Ozona in West Texas. NextEra expects to develop at least 15,000 MW of renewable power from 2019 through 2022. The White Mesa Windfarm will have 200 wind turbine generators and is planned for completion by the end of 2021. For more information, see Industrial Info's project report and October 22, 2020, article - With Strong Earnings, NextEra Energy Further Increases Renewables Backlog.

The project's schedule has not been affected by COVID-19, but Industrial Info's project database indicates that more than $10 billion worth of U.S. wind and solar project activity has been impacted by the pandemic. For more information, see October 27, 2020, article - More than $10 Billion in U.S. Wind, Solar Projects Struggle with COVID-19 Delays.

Other planned windfarm kickoffs in the Southwest market region include:

• Enel SpA's (Rome, Italy) 300-MW Seven Cowboy Windfarm in Cordell, Oklahoma; see project report.
• Next Era Energy's 300-MW Hubbard (Aquila Lake) Windfarm in Axtell, Texas; see project report.
• Tri Global Energy's (Dallas, Texas) 175-MW Appaloosa Run Renewable Energy Windfarm in Rankin, Texas; see project report.

Solar Kickoffs
Industrial Info also is tracking $2.45 billion in high-and-medium-probability solar photovoltaic (PV) generation projects in the Southwest that are planned to begin construction next quarter. Among them are:

• AP Solar Holdings LLC's (Austin, Texas) 300-MW Red-Tailed Hawk PV Solar Project near Pierce, Texas; see project report.
• David H. Arrington Oil & Gas Incorporated's (Midland, Texas) 200-MW Crane (Soda Lake) PV Solar Station, Phase I in Crane, Texas; see project report.
• Invenergy LLC's (Chicago, Illinois) 500-MW Samson PV Solar Energy Center in Cunningham, Texas; see project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.