CPS Energy has signed a 20-year PPA to buy 60% of the energy from the Tierra Bonita project. (Image Credit/Source: Mark Stebnicki/Pexels)
Ashtrom Renewable Energy, a subsidiary of Ashtrom Group in Israel, has officially commissioned the Tierra Bonita solar project in Pecos County, Texas. The 400 MW (DC) project, spanning 2,200 acres, will generate electricity sufficient to power 75,000 households annually and is anticipated to reduce CO2 emissions by 500,000 tons per year. Ashtrom has signed a 20-year PPA with CPS Energy, securing the sale of 60% (180 MW (AC)) of the electricity generated. In addition, Ashtrom executed a first-of-its-kind tax credit sale agreement under the Inflation Reduction Act, valued at $300 million over 10 years. Tierra Bonita was established at a total cost of $435 million, with Ashtrom investing $165 million in equity. This solar farm is part of Ashtrom’s broader US portfolio, which includes six projects with a total capacity of 1,800 MW.
The projects near Phoenix and Tucson focus on IRA compliance through Jones Power’s Power Forward apprenticeship program. (Image Source: Jones Power)
Gensol Engineering secured a solar project in Punjab supporting sustainability for a steel company. (Image Credit/Source: Fietzfotos/Pixabay)
The Atrisco project by Enlight and Clenera combines 364 MW solar and 1.2 GWh storage for New Mexico’s energy grid. (Image Source: Enlight Renewable Energy)
The SOLSTICE microgrid will reduce CO₂ emissions by 360 metric tons annually and support emergency facilities. (Image Source: Ameresco)