Vasari Energy Inc., a California-based solar energy developer, says it has signed contracts and letters of intent to develop a target of 235 MW of utility-scale solar photovoltaic projects in Texas that will sell power into the electric grid.
With these agreements, the company has formally expanded its operations into the state of Texas.
According to Sam Lipman, CEO of Vasari Energy, the developer expects to reach its 500 MW development target in Texas before the end of 2017.
“Our team is experienced in optimizing solar projects from inception and managing the project through all phases of development, including environmental, transmission, and sale of power to utilities and corporate customers,” says Lipman. “We believe this approach will resonate in Texas, where utilities and corporations are looking for pure-play solar partners that can aggressively compete with alternative forms of energy.”
Vasari Energy Inc. was established to develop, engineer, build and operate utility-scale electric power plants that produce reliable and clean energy. The developer’s pipeline of utility-scale solar PV projects has reached over 600 MW in markets including Texas, Arizona and Georgia.