7X Energy sells 100-MW Texan solar energy project to Duke Energy Renewables
A 100-megawatt (MW) solar energy project in Andrews County, Texas changed hands this week, following its sale to Duke Energy Renewables by 7X Energy.
7X developed the Lapetus project. Duke Energy will now manage construction and serve as long-term owner and operator. The facility is spread across 800 acres, with construction expected to begin sometime in March and operations to begin by year’s end.
“The sale of Lapetus is another milestone for 7X and advances our mission to rapidly deploy solar through innovation and agility to meet customer needs” Clay Butler, President and CEO of 7X Energy, said. “We are committed to bringing high-quality, reliable solar projects to operation and look forward to working with Duke Energy on Lapetus through construction and successful commercial operations.”
Energy generated by the facility will be delivered to the Electric Reliability Council of Texas (ERCOT), with Brazos Electric Power Cooperative, Inc. purchasing on behalf of eight distribution cooperative members. It marks the first large-scale solar project in the county and will bring more than $20 million in local property tax revenue.
“Our focus is generating cleaner energy for the state of Texas, and this solar project will do just that,” said Rob Caldwell, president, Duke Energy Renewables and Distributed Energy Technology. “We are pleased to partner with these communities in Texas to build and own facilities that offer customers additional options to use solar energy.”
