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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

LCG, April 24, 2025--Exxon Mobil Corporation (ExxonMobil) announced yesterday an agreement with Calpine Corporation (Calpine) to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a natural gas-fired facility located near Houston, Texas. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to add CCS for the facility’s CO2 emissions. The Calpine facility could then provide a 24/7 supply of low-carbon electricity to the Texas grid plus steam to nearby industrial facilities.

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Doral Renewables Selects NovaSource as Partner to Deploy the 1.6-GWdc Mammoth Solar Project in Indiana

LCG, April 21, 2025--NovaSource Power Services ("NovaSource") recently announced that it has partnered with Doral Renewables and has been selected as the Operations and Maintenance ("O&M") and Generator Operator ("GO") for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the United States.

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Industry News

SunEdison Closes on 300-MW Wind Farm in Texas

LCG, August 6, 2015-SunEdison, Inc. yesterday announced that it has closed financing and commenced construction on the 300-MW South Plains II wind farm in Texas. Citi provided the construction loan facilities for the project and BHE Renewables, a subsidiary of Berkshire Hathaway Energy, in partnership with Citi, will invest in the tax equity. Hewlett-Packard plans to purchase 112 MW of the capacity to power 100 percent of its Texas-based data centers as part of the company's sustainable cloud initiative. An affiliate of Citi will purchase the remaining 188 MW capacity.

The South Plains II project, located in Floyd County, will use wind turbines supplied by Vestas. The project is scheduled to be completed in 2016. Operation and maintenance will be performed by SunEdison Services. Upon completion, TerraForm Power anticipates acquiring the project, which is forecast to generate approximately 1,200 gigawatt-hours of energy each year.

The president of BHE Wind, a division of BHE Renewables, stated, "Our company has been a leader in wind project development and ownership. As we look for new ways to be involved in developing renewable generation, we see tremendous opportunity to move the industry forward through investment in the tax equity market."
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