Vistra announces development of 1 GW of solar and storage project

by Sep 30, 2020

Texas-based Vistra has announced that it will develop nearly 1GW of solar and storage projects in the next two years as the utility plans to achieve net zero carbon emissions by 2050. An investment of around US$850 million will see the construction of six solar parks and one storage facility, all located in the Electricity Reliability Council of Texas (ERCOT) area. This will help the state reach an interim target of a 60% reduction in carbon dioxide equivalent emissions by 2030, Vistra has also announced the planned retirement of 6.8GW of coal capacity by 2027, representing all of its generation subsidiaries’ coal plants in Illinois and Ohio. Link to the news: