At 130 MWp, the Lapetus project is the largest solar project built for an electric cooperative in the state of Texas.
Solar energy from the Lapetus facility was sold in SolarBlocksTM under a multi-year Power Purchase Agreement. SolarBlocks is a power block purchasing strategy developed by 7X that enables customers to procure contractually guaranteed fixed blocks of energy produced from solar plants. The fixed blocks of solar, which can be forecasted down to the 15-minute settlement interval, locks in low energy rates during peak periods when electricity can be most expensive and removes the intermittent variability of delivered energy associated with traditional solar farms. SolarBlocks can be purchased by not only electric cooperatives and utilities but also corporations in competitive retail electricity markets.
Andrews County, TX on ~800 acres
7X Energy was the originating developer and Duke Energy Renewables (owner)
CoServ Electric, a utility serving over 220,000 electric meters in North Texas, and seven other Brazos Electric Power distribution cooperative members .
Lapetus will produce over ~288,204 MWh of renewable energy in its first year of operation. This equates1 to: