Monarch Private Capital, an investment firm, and Elawan Energy, a global renewable operator, have announced the completion of two solar projects in Q4 2023. The projects total around 147 MW and are located in Hill County and Bosque County, Texas. Pitts Dudik has a capacity of 60.26 MW, and Dileo adds 86.67 MW. The projects are projected to abate 4,688,232 CO2e MT over 40 years, equal to emissions from a million gasoline cars driven for a year, while creating nearly 600 jobs.
Two Texas-based solar projects reach completion
Monarch Private Capital and Elawan Energy have announced the completion of two Texas solar projects. (Image Credit: Monarch Private Capital)
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)