E.On strikes purchase agreement for West of the Pecos solar project
Company's first solar Texas project executes 20-year agreement with SK E&S LNG, LLC
E.On entered into a long-term power purchase agreement for 50 MW from its West of the Pecos solar project with the SK E&S LNG, LLC, a unit of SK E&S Co., Ltd., which is based in South Korea.
West of the Pecos is a 100 MW (AC) photovoltaic solar project, located in Reeves County, Texas, about 75 miles southwest of Midland-Odessa and is expected to come online in 2020.
"We're excited for the opportunity to advance our first solar project in Texas," said Silvia Ortin, Chief Operating Officer, North America. "Our 20-year agreement with the SK E&S confirms our ability to create clean reliable energy projects across technologies, that will also provide a boost to the local economy through job creation."
"We are very proud of this achievement in a very competitive market environment," said Nathanaël Esposito, President Solar & Storage, North America. "Partnering with customers such as the SK E&S demonstrates the quality of our team and projects as we deliver on our plan to significantly increase our solar presence in the US."
The company has developed, built, and operates more than 3,600 MW of solar and wind renewable generation as well as battery energy storage across the U.S., with more on the way.