Remember the Alamo 1, 2, and 3? Now the Alamo 4 Solar Park Is Coming to Texas

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North American Development Bank and OCI Solar Power announce they’ve signed a $40 million loan agreement to build the Alamo 4 Solar Park in Brackettville, Texas. CPS Energy of San Antonio will purchase the power generated by the project, enough to power about 5,200 households.

Big solar is making big headway in Texas. We were starting to hear about more large projects there late last year, and solar now seems poised to catch up with wind power in the state. 

One of the latest in this string of Texas solar developments was a recent announcement from the North American Development Bank (NADB) and OCI Solar Power LLC. The companies have signed a $40 million loan agreement to build the Alamo 4 Solar Park in Brackettville, Texas. CPS Energy of San Antonio, Texas will purchase the power generated by the project.

 

The 39.6 MW AC solar park is being constructed on two contiguous parcels of land totaling 633 acres. It will use polycrystalline PV modules mounted on a dual-axis tracking system. The solar park will be interconnected through an existing transmission line to the Brackettville substation located adjacent to the site.

 

The solar park is expected to go online in October 2014.

 

The environmental benefits of this project, which was certified by the Border Environment Cooperation Commission (BECC) in October 2013, include the estimated displacement of 52,965 metric tons/year of carbon dioxide (CO2), 91 metric tons/year of sulfur dioxide (SO2), and 43 metric tons/year of nitrogen oxides (NOx). The project is expected to generate electricity equivalent to the annual consumption of approximately 5,200 households.

 

NADB is not new to solar financing, having provided  $367.5 million in loan financing to date for 13 solar projects in Arizona, California, and Texas. Upon completion, these projects will have a total installed generation capacity of almost 150 MW.