US-based Matrix Renewables secured $376 million in financing for its 210 MW Stillhouse Solar project in Bell County, Texas. The plant, with a 15-year PPA with Hyundai, was designed to power 48,862 homes, avoid 185,598 tons of CO2 annually, and contribute $3 million to community benefits through the Sustain Our Future Foundation. Partners included MUFG, HSBC, ING, BBVA, and Microsoft, which purchased environmental attribute certificates. Construction began in Q2 2024, with operations planned for Q3 2025. Matrix expanded its US renewable portfolio to include over 8.7 GW of projects within a global footprint of 15.6 GW.
Matrix secures financing for 210 MW Stillhouse Solar project
Stillhouse Solar project advances with financing and partnerships, aiming for commercial operations in Q3 2025. (Image Credit/Source: Pixabay/Pexels)
Al Kamil Solar IPP to generate 863 GWh annually, reducing CO2 emissions by 282,000 tons. (Image Source: Zawya)
TotalEnergies and Aljomaih Energy to develop Rabigh 2 solar project, supporting Saudi Vision 2030’s energy mix goals. (Image Credit/Source: SolarPanal355/Pixabay)
Tower Solar will generate $20 million in taxes, funding local education and public services. (Image Source: Avangrid)
TPREL has commissioned a 431 MW solar project in Neemuch, cutting 780,300 tons of CO2 yearly. (Image Credit/Source: Kelly/Pexels)