7x energy solar power development company

TAYGETE ENERGY PROJECT

At 602 MWp, the Taygete Energy Project will be the largest solar project to be built in the state of Texas.

Solar energy from the Taygete facility will be sold under a multi-year fixed priced power purchase agreement, which will bring the total developed by 7X in ERCOT to over 1,500 MWp.

Project Details

  • Project

Taygete

  • Location

Pecos County, TX on ~2000 acres

  • Projected Capacity

602 MWp

  • Number of Modules

Approximately 900,000

  • Developer

7X Energy, the originating and sole developer, is currently managing construction and owns 100% of the equity in the project

  • Energy Buyer

Confidential

  • Contract Term

Multi-year

  • Operational Timeline

Operational (COD) for Phase I Q1 2021 and Phase II Q2 2021

project benefits

  • Environmental

Taygete will produce over ~1,445,400 MWh of renewable energy in its first year of operation. This equates1 to:

  • Carbon sequestered by almost 766,917 acres of forest in one year
  • Reduction in greenhouse gas emissions of almost 124,681 cars off the road for one year
  • Reduction in CO2 emissions of over 99,424 homes’ electricity use for one year
  • Economic
  • During construction the project will generate approximately 500 jobs during the peak of construction
  • Over the life of the facility, Taygete will generate tens of millions of dollars of property tax revenue to the county.

1 https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator (2019 eGrid ERCOT CO2 lbs/MWh emissions factor)

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