The Lone Star State is quickly becoming the fastest-growing utility-scale solar market in the United States.
A new report released by the Solar Energy Industries Association shows that there are currently 566 megawatts of solar power online in Texas.
San Antonio-based OCI Solar is overseeing the development of what will be the largest solar farm in Texas.
SEIA reports that over the next five years, the Lone Star State is expected to install more than 4,600 megawatts of solar power capacity with nearly 87 percent of it coming from utility scale solar farms.
“True to form, everything is bigger in Texas, including solar,” SEIA Interim President Tom Kimbis said in the report. “With continued innovation and cost declines, the future for solar both in Texas and across the country is looking brighter than ever.”.
Although Texas will still lag just behind California in terms of megawatts, the Lone Star State will become the fastest-growing market for utility-scale solar power.
“Texas is entering a period of unprecedented solar growth, dominated by a massive uptick in utility-scale solar deployment across the state,” Kimbis said. “This strong demand for solar energy is generating thousands of well-paying jobs for Texans, hundreds of millions of dollars in economic benefits, and providing customers with another option for meeting their electricity needs. And the best part – this solar boom is just beginning.”
SEIA reports there are about 500 solar companies in Texas, and there is enough solar energy installed in the state to power 61,000 homes. Solar power still represents less than 1 percent of all Texas energy.