Intersect Power’s 828 MWp Lumina Solar project in Texas reaches commercial operation
In Texas, Intersect Power announced the commercial operation of its Lumina Solar project, located in Scurry County, Texas, on January 3, 2024. The Lumina project generates 828 MWp/640 MWac of solar energy, enough to power more than 243,000 homes for one year. Built with First Solar panels, the project created more than 900 jobs at peak construction, the company said. “Renewable energy is a critical piece of the overall American energy production story and Texas continues to lead the way in development and production,” said Sheldon Kimber, Intersect Power’s CEO. “We are proud to own and operate our now fully operational 2.2 gigawatt solar + 1.4 gigawatt hour storage portfolio in Texas and California, which has helped drive significant economic development and job creation while bringing energy security and independence to our country.” Renewable Energy Credits generated by the Lumina project will be purchased by two Fortune 100 companies. Funding for the project’s construction and operations was secured as part of the broader portfolio financing announced last September, when Intersect Power closed on portfolio level term debt, tax equity, and construction financing commitments from leading financial institutions and investors, the firm added.
