Tessera Solar to build west Texas plant
WEST TEXAS - Tessera Solar, which has its North America headquarters in Houston, plans to build a 27-megawatt solar plant in Presidio, Brewster or Pecos County in west Texas.
CPS Energy, San Antonio's municipally owned electric and natural gas utility, in June signed a 20-year agreement with Tessera to buy power generated from the solar project.
The plant is expected to go under construction next summer, and the first units are expected to go online by the end of next year.
Tessera is negotiating for the specific west Texas site. It will use the SunCatcher power system, made by its sister company, Stirling Energy Systems, of Scottsdale, Ariz. It uses mirrors on parabolic dishes to concentrate the sun's energy on a high-efficiency engine.
Related News
BloombergNEF: World offshore wind costs 'drop 32% per cent'
DENMARK - World offshore wind costs have fallen 32% from just a year ago and 12% compared with the first half of 2019, according to new research from BloombergNEF.
In its latest Levelized Cost of Electricity (LCOE) Update, BloombergNEF said its current global benchmark LCOE estimate for offshore wind is $78 a megawatt-hour.
“New offshore wind projects throughout Europe now deploy turbines with power ratings up to 10MW, unlocking CAPEX and OPEX savings,” BloombergNEF said.
In Denmark and the Netherlands, it expects the most recent projects financed to achieve $53-64/MWh excluding transmission.
New solar and onshore wind projects have reached parity with average wholesale…
