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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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CPS Energy to launch massive, 400 MW solar project in SA

There’s an old saying that everything is bigger in Texas—and San Antonio is no exception. Now, the city’s utility, CPS Energy, is about to sign a 25-year power purchase agreement (PPA) with OCI Solar Power for up to 400 megawatts (MW) of energy—sealing one of the largest solar deals ever in the United States.

In fact, the project will be so big—involving the construction of multiple solar plants in the San Antonio service area— that OCI, which currently is based in Atlanta, will move to San Antonio permanently. With 40 projects currently in development in Canada and the United States, OCI Solar Power is majority-owned by OCI Enterprises, the North American subsidiary of OCI Company Limited, which is headquartered in Seoul, Korea. OCI Company is one of the world’s leading producers of polysilicon, used to make solar cell components.

Click to read full article: CPS Energy to launch massive, 400MW solar project in San Antonio (PV magazine, 1-12-12)

For more information, read CPS names two firms in mega-solar project (San Antonio Express-News, 1-11-12) and 800 solar jobs heading to San Antonio (KSAT.com, 1-1-12) 

 

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