Intersect Power’s Lumina Solar project in Scurry County, TX, commenced commercial operations on January 3, 2024, generating 828 MW of solar energy. The project, using First Solar panels, employed over 900 workers with a commitment to fair compensation. Renewable Energy Credits will be bought by two Fortune 100 companies. Funding, secured in September, involved portfolio-level term debt, tax equity, and construction financing from major financial institutions, including HPS Investment Partners, U.S. Bancorp Impact Finance, MUFG, Santander, CoBank, KeyBanc, Bank of America, Helaba, and Nord/LB.
First Solar panels light up Intersect’s 828 MW solar project
Intersect Power has a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is fully operational. Image Credit Intersect Power.
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)
The PIF4 project includes Haden (1 GW) and Al Khushaybi (1.6 GW) solar power plants in Saudi Arabia. (Image Source: Sineng Electric)