Avantus Celebrates Galloway 2 Solar Project Groundbreaking in Texas
08 Febrero 2023 - 5:11PM
Business Wire
Concho County community members joined
Avantus to celebrate the more than 250 workers responsible for the
project and its benefits to the local economy
Today, Avantus (formerly 8minute), a leader in low-cost clean
energy, celebrated the groundbreaking and continued development of
the Galloway 2 Solar Project in Concho County, Texas. Community and
industry leaders heard from local business leaders and solar
workers about the economic benefits the project has brought to the
community, as well as its lasting impact.
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the full release here:
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Galloway 2 is creating over 250 peak construction jobs and will
generate more than $18 million in local property taxes, supporting
essential local services, like education, the county hospital, and
public safety. More than half of this funding will directly benefit
the Paint Rock School District, which is located less than five
miles from the project. Once completed, the project will serve as a
dedicated 147 MWdc / 110 MWac resource for Texas’ energy grid,
generating enough low-cost clean electricity to provide power for
60,000 Texans.
“Texas leads the nation in energy production, so it’s no
surprise the Lone Star State is leading the charge in building out
massive amounts of clean energy. Today, solar is not only one of
the lowest cost forms of electricity generation, but also one of
the fastest growing workforces in America. Here in Texas, we are
creating lifelong careers in clean energy that can sustain
generations to come,” said Dr. Tom Buttgenbach, Founder and CEO of
Avantus. “Avantus is committed to helping Texas reach its potential
by bringing in more projects like Galloway 2 to provide low-cost,
reliable energy, high-quality jobs, and incredible benefits to
local communities like Paint Rock and Concho County.”
At the groundbreaking ceremony, attendees toured the
construction site. Initial work began at the site in the summer of
2022 and is currently at peak construction. The project is expected
to come online before the end of the year.
“Galloway 2 has been such a great addition to our local economy
here in Paint Rock,” said Paint Rock Mayor Francis Maupin. “Our
town is busier than ever, and the tax revenue will help create real
benefits for our school and community for years to come.”
“The Galloway 2 project helps cement Texas’ status as a leader
in energy, bringing local jobs, and strengthening our area
industries,” said Representative Drew Darby. “We are grateful to
Avantus for their partnership, vision, and commitment to our state,
and look forward to the many economic benefits Galloway 2 will
provide to Concho County and West Texas.”
The majority of the project’s energy is committed to BASF
Corporation, who is purchasing renewables to offset the energy
demand at its Freeport, Texas site. The Galloway 2 project is owned
by Allianz Capital Partners, with Avantus maintaining a minority
stake in the project. RES is providing the Engineering,
Procurement, and Construction services.
This is Avantus’ second utility-scale project development in the
Paint Rock area, with many workers returning to support Galloway 2.
Together, these two projects are providing tens of millions of
dollars in local tax revenues to the County, spanning the next few
decades.
Driven by Avantus’ growing team in Austin and commitment to
Texas, the company has already brought 600 MWdc of solar energy
online with more than four gigawatts (GW) of solar and 12
gigawatt-hours (GWh) of energy storage under development across the
state. The company’s portfolio will continue to bolster the Lone
Star State’s energy industry and deliver critical economic benefits
across local communities. Avantus’ pipeline of solar and energy
storage spans more than 90 utility-scale projects across Texas and
the Southwest, representing over $70 billion in investments and
large enough to provide reliable, low-cost power for more than 30
million people, day and night.
ABOUT AVANTUS
Avantus is shaping the future by making reliable, low-cost clean
energy a global reality. Our legacy of leadership in next
generation solar energy includes developing the nation’s largest
solar cluster and the first plant to beat fossil fuel prices back
in 2016. Today, we are expanding the boundaries of existing
technologies to build one of the largest portfolios of smart power
plants with integrated storage, capable of providing 30 million
people with affordable, zero-emission energy – day and night.
Through our relentless pursuit of better, we are decarbonizing our
planet at the gigaton level, and bringing the advantages of clean
energy to all of us.
For more information, please visit www.avantus.com, and follow
Avantus on Twitter and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20230208005845/en/
Avantus Katie Struble Director, Corporate Communications
press@avantus.com