Hecate Energy has announced the sale of its 514 MW ac Aktina Solar PV power plant located in Wharton County, Texas, to Tokyo Gas America
Hecate Energy (Hecate), one of the largest privately-held independent solar power development companies in the US, has announced the sale of its 514 MW ac Aktina Solar PV power plant located in Wharton County, Texas, to Tokyo Gas America, a wholly-owned subsidiary of Tokyo Gas. The final closing is scheduled for August 5, 2020.
Upon completion, Aktina Solar is expected to be the largest solar PV project in Texas and one of the largest in the US. The project is scheduled to break ground in Q3 2020, and the first blocks will be operational by Q3 2021. The project will provide reliable clean solar power to the fast-growing Houston market and surrounding area for the coming decades.
The firm stated that the project reinforces Hecate’s strategy to develop large-scale renewable energy projects in strategic locations across the US close to demand centrEs that support grid decarbonisation efforts.
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