‘Fastest-growing solar market in the U.S.,’ Texas signs $100 million deal with project developer

first_img‘Fastest-growing solar market in the U.S.,’ Texas signs $100 million deal with project developer FacebookTwitterLinkedInEmailPrint分享Texas Public Radio:A deal announced Monday could mean a $100 million towards solar projects in Texas. Austin-based solar power company PowerFin Partners will develop and build the projects and Toronto-based real estate investors Fengate will finance the deals as part of today’s announced co-development deal.“Financing of solar projects is pretty difficult,” said Tuan Pham, president of PowerFin. “(The deal) allows Fengate to focus on the financing and us to focus on the operating, development, and construction.”PowerFin is best known for developing projects like CPS Energy’s residential solar program, Fengate director Greg Calhoun pointed to both projects as innovations in the solar market and part of the reason they decided to partner with PowerFin. Another big reason was accessing Texas’ solar market.“Texas is the fastest growing solar market in the U.S.,” Calhoun said. “There’s a great resource here. There’s population growth, so the macroeconomic story makes sense. The resource story makes sense.”It is the second $100 million solar development commitment that Fengate has announced in three months. Fengate will partner with Alberta, Canada-based Greengate Power Corporation.More: Texas Could See $100 Million In Solar Investmentslast_img read more

INDOT mobilizes for MUTC training event

first_imgButlerville, In. — The Indiana Department of Transportation Southeast District will participate in earthquake disaster training at the Muscatatuck Urban Training Center Monday, September 11 through Wednesday, September 13.Residents are cautioned about extra traffic on U.S. 50 during the two day exercise. Teams will deploy and conduct training scenarios that include route clearing, bridge inspection and building assessments.The annual training event includes members of the Ohio Department of Transportation and workers from the INDOT Southwest District.last_img read more