True North photovoltaic plant
True North, Avangrid's largest solar photovoltaic project in Texas
Iberdrola projects Avangrid Photovoltaic energy United States
Avangrid, Iberdrola's US subholding company, continues growing in the southern United States and making progress in the construction of its first photovoltaic plant in the state of Texas, aimed at reaching 321 MW of capacity. To this end, it will invest USD 30 million in solar trackers from Array Technologies (ATI).
True North photovoltaic plant
Avangrid, Iberdrola's US subsidiary, obtained approval from the Texas federal government in 2022 for the construction of a new photovoltaic plant called True North. The following year, the company began construction work on what will be its largest solar project in the country, once the site reaches commercial operation in early 2025.
In February 2024, a further step in this direction was taken with the installation of the two main transformers that will serve True North. Shaft driving has also begun in the solar field and delivery of the PV modules continues to progress – a fact welcomed by Avangrid CEO Pedro Azagra: "We are delighted to see the construction of True North progressing smoothly and to reach this important milestone, despite the challenges facing the solar market".
For the development of this plant, Iberdrola will invest $30 million in solar trackers from Array Technologies. This is part of the $22 billion investment that the company has planned between 2022 and 2025. For Texas, these 321 MW join the 1,250 MW that Avangrid currently has in the state.
In addition, a long-term power purchase agreement (PPA) has been reached with Meta, with the aim of supplying the company with the energy produced by the plant. This is part of Meta's goal to operate with 100% renewable energy from 2020 onwards. The photovoltaic plant is expected to serve the new data centre to be opened by the technology company in Temple, Texas.
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Iberdrola, world leader in renewable energies
At Iberdrola, we dare committed to renewable energy more than two decades ago as a fundamental pillar on which to build our safe, clean and competitive business model. Thanks to this vision, we are today world leaders in renewables, reaching 44,148 MW of clean energy in operation at the end of september 2024.
This commitment is reflected in our Strategic Plan, in which we will allocate €15.5bn gross to renewables. More than half of this amount is focused on offshore wind in the US, UK, France and Germany; 28% on onshore wind and 18% on solar.