Project Description

Project Overview

This portfolio consists of seven late-stage utility-scale solar projects located primarily in Texas, with additional sites in California. Together, they represent a combined capacity of nearly 2.0 GW, of which about 1.7 GW is in Texas.

Status

All projects are in the late development and construction pipeline stages. Land and PPAs have already been secured, while financing and permits are in advanced stages.

Timeline

Commercial operation dates are staggered between 2024 and 2026, with construction of over 1 GW scheduled to commence within the next two years. A flagship 280 MW project in Texas has already reached financial close in Q2 2025, with construction expected to start in Q4 2025 and COD targeted for Q4 2026.

Technical Details

Each project is fully IRA-compliant, incorporating over 50% U.S. content. They will deploy EA’s 580–650 W bifacial TOPCon/PERC modules, manufactured across three U.S. states. EPC is managed by Ganymede, while Centauri, EA’s advanced engineering arm, provides NASA-grade design optimization to ensure efficiency and performance.

Partners

The portfolio benefits from financing support provided by the EXIM Bank under a strategic agreement. Offtakers include major corporate buyers, such as leading technology companies, under long-term contracts, ensuring both stability and bankability.

Description

Once completed, this portfolio will supply the ERCOT grid and parts of California with reliable solar power, delivering electricity for nearly 300,000 homes. Beyond clean energy generation, the projects will create hundreds of local jobs and offset millions of tons of CO₂ emissions. This initiative significantly enhances EA’s North American presence in low-risk, high-demand power markets.

Verification

The portfolio’s credibility is backed by secured PPAs and interconnection agreements with investment-grade counterparties. With the financial close already achieved on the 280 MW Texas flagship project, this portfolio stands as a cornerstone in EA’s showcase of large-scale, late-stage developments.