Aggreko’s Energy Transition Solutions (ETS) division has acquired a 13 MW behind-the-meter solar project in Texas, aiming to support a local energy producer’s decarbonization efforts. ETS will construct, own, and operate the project, delivering cost savings and greenhouse gas emissions reductions under a fixed-price power purchase agreement. This addition expands Aggreko ETS’ Texas portfolio to over 600 MW. The move capitalizes on Texas’ favorable conditions for commercial and industrial projects. The acquisition underscores Aggreko ETS’ industry influence, execution reliability, and established presence in the ERCOT market.
Aggreko expands solar portfolio with Texas acquisition
Aggreko strengthens its solar foothold, acquiring a 13 MW solar site in Texas, contributing to a 600 MW portfolio in development under Aggreko ETS. (Image Credit: Aggreko).
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)