Aggrekon's Energy Transition Solutions (Aggreko ETS) division has successfully acquired a 13 MW behind-the-meter solar power project site in Texas, marking another stride in the company's commitment to supporting the decarbonization efforts of a Texas energy producer. Under a long-term fixed-price power purchase agreement, Aggreko ETS will undertake the construction, ownership, and operation of the solar project.
With a growing portfolio, Aggreko boasts over 600 MW of solar and storage projects currently in development in Texas. The company identifies Texas as an attractive market for Commercial and Industrial (C&I) projects, citing the region's abundant solar resources, streamlined development processes, and efficient grid connections through ERCOT for projects of this magnitude.
Prashanth Prakash, Chief Commercial Officer of Aggreko ETS, commented on the significance of the Texas project, stating, “This project serves as another example of how we help commercial and industrial customers meet their decarbonization goals.”
The recent Texas acquisition aligns with Aggreko ETS's ongoing expansion of its solar portfolio. In December, the division announced the procurement of nine community solar sites in upstate New York, with one already energized. Furthermore, in May, Aggreko ETS solidified its role as the strategic capital partner for Farmers Powering Communities, an organization dedicated to developing community solar projects in agricultural areas.