Texas Solar Power Shines Strong

In the News: Texas Solar Power Shines Strong

Via Paul MacDonald, Alternative Energy Magazine

While Texas has been hit by the decline in oil prices, the state has also recently been home to some large-scale solar power developments, including the 118-MW Alamo 5 project built by ConEdison Development and Mortenson Construction to supply CPS Energy.

It seems that as the bottom fell out of the market for oil, solar power is taking off in the state of Texas.

In recent years, the price of oil has fallen off a cliff—it hit a peak of $140 a barrel in 2008, but more recently has been trading around $50, after being as low as $26 a barrel early in 2016. Read more

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