Adapture Renewables Inc., a developer, owner, and operator of solar projects, has completed Catan Solar, a 13 MW DC solar project in Runge, Texas.
Adapture Renewables Inc. successfully commissioned the project in December 2020 and sells the electricity on the ERCOT (Electric Reliability Council of Texas) market. This is the first solar project in Karnes County, Texas, one of the best oil producing counties in the state.
Adapture Renewables funded the construction of the project with equity and will own and operate the project over the long term. The Catan project demonstrates the company's ability to leverage its proven track record, in-depth expertise, and extensive in-house development, EPC management, legal and project finance services to bring solar projects to long-term operations efficiently and effectively, the Firm.
“The Catan Solar project was an exciting opportunity for our team,” says David FitzGerald, Head of Project Management at Adapture Renewables. “As our first project in Texas, our team learned quickly and adapted to local nuances and practices in the area and built lasting relationships with local partners to get the project completed on time and on budget. We look forward to using these skills and partnerships for future projects in the region. "
In addition to providing the community with locally generated renewable energy, the Catan solar project will generate long-term revenue for the local economy and help reduce energy bills for Karnes County's residents.
According to a recent report by the US Energy Information Administration, Texas is expected to have the largest solar energy growth of any US state this year, accounting for 28% of new planned solar capacity. With this project, Adapture Renewables is expanding its portfolio of solar power plants in Texas to a total of 95 MW DC and 239 MW DC across the country.
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