7x energy solar power development company

TAYGETE ENERGY PROJECT

At 690 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 800 MWp.

Project Details

  • Project

Taygete

  • Location

Pecos County, TX on ~2000 acres

  • Projected Capacity

690 MWp

  • Number of Modules

Approximately 900,000

  • Developer

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

  • Energy Buyer

Confidential

  • Contract Term

Multi-year

  • Operational Timeline

Breaking ground for Phase I Q4 2019 and Phase II Q1 2020; Operational (COD) for Phase I Q1 2021 and Phase II Q2 2021

project benefits

  • Environmental

Taygete will produce over ~1,474,308 MWh of renewable energy in its first year of operation. This equates1 to:

  • Carbon sequestered by almost 783,297 acres of forest in one year
  • Reduction in greenhouse gas emissions of almost 141,305 cars off the road for one year
  • Reduction in CO2 emissions of over 116,070 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 (2016 eGrid ERCOT CO2 lbs/MWh emissions factor)

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