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Repsol Completes Construction of its Largest US Solar Project
Located in Swisher County, Texas, the Frye Solar project boasts a total installed capacity of 637 MW, with 570 MW currently operational.
April 15, 2024. By Abha Rustagi
Repsol, a global energy company committed to achieving net-zero emissions by 2050, has achieved a milestone with the completion of its Frye Solar project, the company's largest photovoltaic plant to date.
Located in Swisher County, Texas, the Frye Solar project boasts a total installed capacity of 637 MW, with 570 MW currently operational. Comprising nearly one million solar panels, the Frye Solar project highlights Repsol's dedication to expanding its renewable energy portfolio and advancing its decarbonization objectives.
Federico Toro, Repsol's Chief Operating Officer (COO) for Low Carbon Generation in North America, emphasized the project's importance in driving the company's commitment to sustainability. "Repsol views the completion of our largest US renewable facility to date as a major milestone that will contribute to our commitment to become a net-zero emissions company by 2050," stated Toro. "Our growth ambition in this country is significant."
The Frye Solar project is just one component of Repsol's broader renewable energy strategy in the United States. With a total renewable installed and under development capacity of 2,091 MW in Texas alone, Repsol is actively expanding its presence in the American renewables market. This includes projects such as Outpost and Pinnington, along with existing solar power plants in New Mexico.
Moreover, Repsol's entry into the US onshore wind market through the acquisition of ConnectGen underscores the company's commitment to diversifying its renewables business and creating a robust platform for future growth. The strategic acquisitions of Hecate Energy and ConnectGen have positioned Repsol as a key player in the US renewable energy sector, with a focus on wind, solar, and energy storage projects.
Renewable energy generation forms a crucial pillar of Repsol's decarbonization strategy, aligning with its goals outlined in the Strategic Update. With plans to invest between EUR 3 and 4 billion in developing its global project portfolio, Repsol aims to achieve between 9,000 MW and 10,000 MW of installed capacity by 2027, with a portion dedicated to the United States.
Located in Swisher County, Texas, the Frye Solar project boasts a total installed capacity of 637 MW, with 570 MW currently operational. Comprising nearly one million solar panels, the Frye Solar project highlights Repsol's dedication to expanding its renewable energy portfolio and advancing its decarbonization objectives.
Federico Toro, Repsol's Chief Operating Officer (COO) for Low Carbon Generation in North America, emphasized the project's importance in driving the company's commitment to sustainability. "Repsol views the completion of our largest US renewable facility to date as a major milestone that will contribute to our commitment to become a net-zero emissions company by 2050," stated Toro. "Our growth ambition in this country is significant."
The Frye Solar project is just one component of Repsol's broader renewable energy strategy in the United States. With a total renewable installed and under development capacity of 2,091 MW in Texas alone, Repsol is actively expanding its presence in the American renewables market. This includes projects such as Outpost and Pinnington, along with existing solar power plants in New Mexico.
Moreover, Repsol's entry into the US onshore wind market through the acquisition of ConnectGen underscores the company's commitment to diversifying its renewables business and creating a robust platform for future growth. The strategic acquisitions of Hecate Energy and ConnectGen have positioned Repsol as a key player in the US renewable energy sector, with a focus on wind, solar, and energy storage projects.
Renewable energy generation forms a crucial pillar of Repsol's decarbonization strategy, aligning with its goals outlined in the Strategic Update. With plans to invest between EUR 3 and 4 billion in developing its global project portfolio, Repsol aims to achieve between 9,000 MW and 10,000 MW of installed capacity by 2027, with a portion dedicated to the United States.
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