par energy_isere » 28 sept. 2023, 09:18
BP Begins Construction on Texas Solar Project
by Rocky Teodoro|Rigzone Staff|Wednesday, September 27, 2023
BP plc has started construction on its 187 megawatts defined conditions (MWdc) Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas.
Peacock will sell all of the electricity it generates under a long-term power purchase agreement to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil Corp and Saudi Basic Industries Corporation (SABIC), which produces materials used to manufacture clothes, food containers, packaging, agricultural film, and construction materials, BP said in a news release Tuesday.
Located near the GCGV complex, Peacock will supply power directly to the facility. Once complete, the installation will generate enough renewable energy annually to power the equivalent of 34,000 homes, according to BP.
BP’s 50/50 joint venture partner, global solar leader Lightsource BP, is developing the project and managing the construction on behalf of the company. PCL Construction, the main engineering, procurement, and construction contractor for the project, will install ultra-low carbon solar panels and trackers from manufacturers First Solar and GameChange Solar, respectively, according to the release. The Peacock project is expected to create around 300 jobs during construction and provide more than $25 million in tax revenue over the first 25 years of the project’s life.
BP said it will also execute several agricultural and biodiversity activities in the Peacock project area, including planting vegetation, aiming to improve habitat value, and encouraging sheep grazing at the site to benefit the local rural economy and keep the farmland in production.
Peacock is part of BP’s aim to invest in and build renewable energy capacity of 50 gigawatts (GW) by 2030. The company expects the project to meet its expected returns for renewable power.
“Securing this agreement and kicking off construction of Peacock helps support the transition to lower carbon energy, while benefiting local communities and the economy”, BP America Chairman and President Dave Lawler said. “It’s another way BP is accelerating growth of our U.S. solar generation capacity, investing in America, and advancing our transformation to an integrated energy company”.
“We want to be good stewards of our environment”, GCGV President Paul Fritsch said. “Once online, the solar-generated electricity will be used to partially power our plant and help reduce emissions in support of a net-zero future”.
BP cited the Solar Energy Industries Association as saying that Texas ranks second in the nation for solar power and is poised to grow, with more than 40 GW of capacity expected to be installed over the next five years.
https://www.rigzone.com/news/bp_begins_ ... 5-article/
[quote] [b][size=120]BP Begins Construction on Texas Solar Project[/size][/b]
by Rocky Teodoro|Rigzone Staff|Wednesday, September 27, 2023
BP plc has started construction on its 187 megawatts defined conditions (MWdc) Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas.
Peacock will sell all of the electricity it generates under a long-term power purchase agreement to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil Corp and Saudi Basic Industries Corporation (SABIC), which produces materials used to manufacture clothes, food containers, packaging, agricultural film, and construction materials, BP said in a news release Tuesday.
Located near the GCGV complex, Peacock will supply power directly to the facility. Once complete, the installation will generate enough renewable energy annually to power the equivalent of 34,000 homes, according to BP.
BP’s 50/50 joint venture partner, global solar leader Lightsource BP, is developing the project and managing the construction on behalf of the company. PCL Construction, the main engineering, procurement, and construction contractor for the project, will install ultra-low carbon solar panels and trackers from manufacturers First Solar and GameChange Solar, respectively, according to the release. The Peacock project is expected to create around 300 jobs during construction and provide more than $25 million in tax revenue over the first 25 years of the project’s life.
BP said it will also execute several agricultural and biodiversity activities in the Peacock project area, including planting vegetation, aiming to improve habitat value, and encouraging sheep grazing at the site to benefit the local rural economy and keep the farmland in production.
Peacock is part of BP’s aim to invest in and build renewable energy capacity of 50 gigawatts (GW) by 2030. The company expects the project to meet its expected returns for renewable power.
“Securing this agreement and kicking off construction of Peacock helps support the transition to lower carbon energy, while benefiting local communities and the economy”, BP America Chairman and President Dave Lawler said. “It’s another way BP is accelerating growth of our U.S. solar generation capacity, investing in America, and advancing our transformation to an integrated energy company”.
“We want to be good stewards of our environment”, GCGV President Paul Fritsch said. “Once online, the solar-generated electricity will be used to partially power our plant and help reduce emissions in support of a net-zero future”.
BP cited the Solar Energy Industries Association as saying that Texas ranks second in the nation for solar power and is poised to grow, with more than 40 GW of capacity expected to be installed over the next five years.
[/quote]
https://www.rigzone.com/news/bp_begins_construction_on_texas_solar_project-27-sep-2023-174145-article/