Ørsted takes FID on 430-MW solar mission in Texas

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Ørsted takes FID on 430-MW solar project in Texas

December 3 (Renewables Now) – Ørsted SA (CPH: ORSTED) announced on Wednesday that it has made the final investment decision (FID) on a 430 MW solar photovoltaic (PV) project in Texas.

The Danish energy major will install the Old 300 Solar Center, as the photovoltaic park (PV) is called, about 40 miles from Houston in Fort Bend County of the state. The plant is scheduled to go into operation in the second quarter of 2022.

A long-term power purchase agreement (PPA) already exists.

The solar park will cover an area of ​​1,133 ha (2,800 acres) and will be equipped with around one million bifacial modules from China’s JA Solar Technology Co. Ltd. (SHE: 002459) and Longi Solar. Inverters are supplied by SMA America, a unit of the German inverter manufacturer SMA Solar Technology AG (ETR: S92). During the main construction period, up to 400 jobs will be created as part of the project.

“With its location near Houston, Old 300 will further diversify our onshore presence into a premium market with strong long-term fundamentals.” said Vishal Kapadia, Commercial Director of Onshore.

Ørsted currently has wind, solar and storage capacity of 3.4 GW in operation and under construction. The solar assets under construction total 1.1 GW.

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