Enel North America, a US-based energy company, has launched the 326 MWdc Stampede solar-plus-storage project in Hopkins County, Texas. According to Enel, Switzerland-based Nestlé is the sole tax equity investor and will acquire all renewable energy attributes from the project. The Stampede project, which began generating power in June 2024, features bifacial PV panels and an 86 MWdc battery storage system, currently in final commissioning. The project is expected to generate over $70 million in tax revenue and landowner payments throughout its life. Nestlé’s renewable energy purchase, estimated at over 522,000 MWh annually for 15 years, will cut carbon emissions by about 279,000 metric tons per year. M
Enel launches 326 MWdc solar project in Texas
Enel’s Stampede project, which began in June 2024, features bifacial PV panels and an advanced BESS system. (Image Credit: Enel NorthAmerica)
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)