7x energy solar power development company

Cooperatives

Meet your customer demands with solar energy

Electric cooperatives are listening to their members’ needs for more renewable energy in the mix, while also keeping to their goal of providing low-cost, long-term energy supply. According to the National Rural Electric Cooperative Association (NRECA), 95% of NRECA’s distribution members offer renewable options to 40 million Americans.1

Brazos Electric again appreciated the opportunity to work with 7X Energy in negotiating the solar PPA on behalf of our seven members to purchase solar power for our owner-members.

- Clifton Karnei, Executive Vice President and General Manager of Brazos Electric

Cooperative Spotlight: Brazos Electric Power

  • Lapetus Energy Project
  • 130 MWp

Economies of Scale

Cooperatives can realize the economies of scale with a large utility-scale solar project. 7X’s Lapetus project provided eight member cooperatives to secure power purchase agreements for a large scale project that met their collective energy needs. 

Solar Procurement Solutions

One solution is our SolarBlocksTM which is our first fixed power block power purchase agreement (PPA) offering. We have executed multiple PPAs featuring SolarBlocks, including the publicly announced Brazos Electric Cooperative and CoServ Electric PPA for the 100 MWac Lapetus project in Texas. With SolarBlocksTM, 7X provides fixed blocks of power on a set schedule, with block intervals set at every 15 minutes or every hour.

The next generation solution is our solar plus storage, SolarBlocks+TM, which provides a broader block sizing and time-distribution option through the use of storage co-located and charged-by their solar facilities, rather than market balancing alone.

Another solution is the BoostPPA, a utility-scale solar aggregation product for co-ops with any level of load serving needs. By aggregating demand from multiple co-ops, 7X can spread development costs over a larger project and offer each participating co-op lower PPA pricing. It’s like community solar, but with utility-scale wholesale pricing.

TAYGETE ENERGY PROJECT

  • Pecos County, TX on ~2000 acres
  • 690 MWp

LAPETUS ENERGY PROJECT

  • Andrews County, TX on ~800 acres
  • 130 MWp

1. Source: National Rural Electric Cooperative Association’s website – https://www.electric.coop/wp-content/Renewables/index.html

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