Old Rocks
Diamond Member
Next Texas Energy Boom: Solar
City of Austin gets 1.2GW of solar bids at less than 4c/kWh
By Stephen Lacey on 2 July 2015
![](/proxy.php?image=http%3A%2F%2Fcdn.printfriendly.com%2Fbutton-print-blu20.png&hash=5c0d35d932fbe8d9a6d8e2b115952805)
Greentech Media
A lot more cheap solar is coming for Austin, Texas.
The city’s utility, Austin Energy, just released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year — and will continue to drop.
According to Khalil Shalabi, Austin Energy’s vice president of resource planning, the utility received offers for 7,976 megawatts of projects after issuing a request for bids in April. Out of those bids, 1,295 megawatts of projects were priced below 4 cents per kilowatt-hour.
“The technology is getting better and the prices are decreasing with time,” said Shalabi during a presentation in front of the Austin city council last week
Next Texas Energy Boom: Solar
Next Texas Energy Boom: Solar
Companies are spending $1 billion on new projects to harvest electricity from the sun
FORT STOCKTON, Texas—A new energy boom is taking shape in the oil fields of west Texas, but it’s not what you think. It’s solar.
Solar power has gotten so cheap to produce—and so competitively priced in the electricity market—that it is taking hold even in a state that, unlike California, doesn’t offer incentives to utilities to buy or build sun-powered generation.
Pecos County, about halfway between San Antonio and El Paso and on the southern edge of the prolific Permian Basin oil field, could soon play host to several large solar-energy farms responsible for about $1 billion in investments, according to state tax records.
On a recent day, contractors for OCI Solar Power LLC erected posts for a solar farm that will be the size of more than 900 football fields. First Solar Inc. was negotiating to lease an adjacent property, its second project in the county. Last year, the Arizona company began capturing sunlight on 400,000 black solar panels in a separate project, converting the abundant sunlight into about 30 megawatts of power.
SunEdison Inc. has presented plans for its own utility-scale solar farm to county commissioners, and Recurrent Energy, a subsidiary of Canadian Solar Inc., is readying another site nearby for construction.
State incentives in California, Nevada and North Carolina helped fund the construction of many large-scale solar farms designed to sell electricity into those local power grids. But in Texas, while there is federal financial support for such projects, there are no state subsidies or mandates that encourage solar power.
City of Austin gets 1.2GW of solar bids at less than 4c/kWh
By Stephen Lacey on 2 July 2015
![](/proxy.php?image=http%3A%2F%2Fcdn.printfriendly.com%2Fbutton-print-blu20.png&hash=5c0d35d932fbe8d9a6d8e2b115952805)
Greentech Media
![](/proxy.php?image=http%3A%2F%2Freneweconomy.com.au%2Fwp-content%2Fuploads%2F2015%2F07%2FAustin_Texas_Interstate_XL_310_219.png&hash=7ecab6823884287f0e86f76baa7f589f)
The city’s utility, Austin Energy, just released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year — and will continue to drop.
According to Khalil Shalabi, Austin Energy’s vice president of resource planning, the utility received offers for 7,976 megawatts of projects after issuing a request for bids in April. Out of those bids, 1,295 megawatts of projects were priced below 4 cents per kilowatt-hour.
“The technology is getting better and the prices are decreasing with time,” said Shalabi during a presentation in front of the Austin city council last week
Next Texas Energy Boom: Solar
Next Texas Energy Boom: Solar
Companies are spending $1 billion on new projects to harvest electricity from the sun
FORT STOCKTON, Texas—A new energy boom is taking shape in the oil fields of west Texas, but it’s not what you think. It’s solar.
Solar power has gotten so cheap to produce—and so competitively priced in the electricity market—that it is taking hold even in a state that, unlike California, doesn’t offer incentives to utilities to buy or build sun-powered generation.
Pecos County, about halfway between San Antonio and El Paso and on the southern edge of the prolific Permian Basin oil field, could soon play host to several large solar-energy farms responsible for about $1 billion in investments, according to state tax records.
On a recent day, contractors for OCI Solar Power LLC erected posts for a solar farm that will be the size of more than 900 football fields. First Solar Inc. was negotiating to lease an adjacent property, its second project in the county. Last year, the Arizona company began capturing sunlight on 400,000 black solar panels in a separate project, converting the abundant sunlight into about 30 megawatts of power.
SunEdison Inc. has presented plans for its own utility-scale solar farm to county commissioners, and Recurrent Energy, a subsidiary of Canadian Solar Inc., is readying another site nearby for construction.
State incentives in California, Nevada and North Carolina helped fund the construction of many large-scale solar farms designed to sell electricity into those local power grids. But in Texas, while there is federal financial support for such projects, there are no state subsidies or mandates that encourage solar power.