Talesun Photovoltaic has supplied 222 MW of bifacial modules for a project in Texas, USA.
Release date:
2021-12-21 00:00
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Talesun Photovoltaic recently announced that it has signed a photovoltaic module supply agreement with Brazoria West Solar Project, LLC, a subsidiary of the U.S.-based Savion. Under the agreement, Talesun will deliver 222 MW of high-efficiency bifacial modules for a project in Texas. Savion is one of the largest and most technologically advanced developers of utility-scale solar and energy storage projects in the United States, and it is part of Green Investment Group, the world’s first green investment bank. The project has a total installed capacity of 260 MW and is located in Brazoria County, approximately 40 miles southwest of Houston, Texas’s largest city. This project…
Talesun Photovoltaic recently announced that it has signed a photovoltaic module supply agreement with Brazoria West Solar Project, LLC, a subsidiary of U.S.-based Savion, under which it will deliver 222 MW of high-efficiency bifacial modules for a project in Texas. Savion is one of the largest and most technologically advanced developers of utility-scale solar and energy storage projects in the United States, and it is part of Green Investment Group, the world’s first green investment bank.
The project has a total installed capacity of 260 MW and is located in Brazoria County, approximately 40 miles southwest of Houston, Texas’s largest city. Construction officially commenced in the second quarter of 2021, with completion and commercial operation expected in the third quarter of 2022. The green solar power generated annually by the Texas project will be sufficient to meet the electricity needs of at least 37,000 Texas households.
S&B USA, a subsidiary of Shikun & Binui, a globally leading infrastructure and real estate company, recently announced that it has acquired all development rights to the Texas project from Savion. Macquarie Group, a global financial conglomerate offering banking, finance, advisory, and fund management services and the parent company of Green Investment Group, is providing tax-equity financing for the Texas project. In addition, debt financing for the Texas project is being led by CIT Group, a Fortune Global 500 company, with total credit facilities amounting to US$210 million.
“The successful finalization of the Texas project order stems from our customers’ recognition of the quality of our products and services. We will strengthen our partnerships with industry-leading companies such as Macquarie, Savion, and Shikun & Binui, expand collaboration on more large-scale photovoltaic projects, and further consolidate and enhance the Talesun brand’s visibility and influence in the U.S. market, thereby helping to advance local clean energy goals,” said Xing Yabin, Head of Talesun North America and Africa region.
In 2020, the United States ranked as the world’s second-largest market for new photovoltaic capacity additions. According to BNEF’s latest forecast, U.S. PV capacity additions in 2021 are expected to reach 29.5 GW, with the market continuing to lead globally. Talesun Photovoltaic maintains a dedicated local sales and service team in the United States, committed to deepening its presence in the U.S. market and providing high‑quality products and solutions to regional customers.
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Talesun Photovoltaic, founded in 2009, is a core new-energy enterprise under the C&D Group, a Fortune Global 500 company ranked 112th, and has rapidly grown into a leading player in the global new-energy sector.
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