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Austin Energy may benefit from West Texas solar energy
(Infrastructure & Transportation
: Austin-Round Rock)
4/28/2008
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(Reeves County) - Austin Energy, a community-owned electric utility that serves the City of Austin, Travis County and parts of Williamson County, has leased 438 acres in Reeves County from the Texas General Land Office. The company has the intention of putting a solar energy array on the property located 26 miles south of Pecos on Highway 17, and 12 miles north of Balmorhea, said Ed Clark, Austin Energy's communication's director. The lease gives Austin Energy, which serves 380,000 customers, the right to use the site for four years. The project is part of Austin Energy's initiative to install 100 megawatts of solar power by 2020. Although he said it's too early to discuss a price for the project, Clark said the solar array could cost around $300 million. Currently, Texas has a total of six megawatts of solar facilities.
[Odessa American]
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Material herein is published according to the fair-use doctrine of U.S. copyright laws related to non-profit, educational institutions. Items attributed to sources other than the Real Estate Center at Texas A&M University should not be reprinted without permission of the original source.
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