7x energy solar power development company

TAYGETE I ENERGY PROJECT

At 344 MWp, the Taygete I Energy Project will be one of the larger solar projects to be built in Texas.

Solar energy from the Taygete I 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 1,400 MWp.

Project Details

  • Project

Taygete I

  • Location

Pecos County, TX on ~2000 acres

  • Projected Capacity

344 MWp

  • Number of Modules

Approximately 856,000

  • 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) Q1 2021

project benefits

  • Environmental

Taygete will produce over ~750,000 MWh of renewable energy in its first year of operation. This equates1 to:

  • Carbon sequestered by almost 445,610 acres of forest in one year
  • Reduction in greenhouse gas emissions of almost 73,717 cars off the road for one year
  • Reduction in CO2 emissions of over 57,770 homes’ electricity use for one year
  • Economic
  • During construction the project will generate approximately 300 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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