When completed, the Webberville Solar project is expected to be one of the countrys largest. It is located around 15 miles east of Austin, in the state of Texas, and is scheduled to be operational by the end of the year.
Colorado-based Renewable Energy Systems Americas Inc. has been selected to construct the project, and provide operations and maintenance services for the power plant for five years. Once operational, the solar energy generated will provide electricity under a long-term power purchase agreement with Austin Energy for 25 years.
Crystalline 270W Trina Solar photovoltaic modules will be used to build the project, which is expected to provide enough energy to power 5,000 homes. A supply agreement between Trina and FRV AE Solar was announced earlier today.
"This utility-scale solar deployment is a critical component of Austin’s generation diversity and renewable energy goals," said Larry Weis, Austin Energy General Manager. "It is also integral to an overarching transition to a new energy economy and a commitment by the Austin community to take a leadership role in protecting our environment and promoting sustainability."
FRV has partnered with Bayerische Landesbank (BayernLB), which has reportedly fully underwritten the construction debt for the project.