An aerial view of the Frye Solar project in Swisher County, Texas. Credit: Repsol.

Spanish oil and gas company Repsol has completed the Frye Solar project, its largest solar plant to date in the US.

The solar facility near Kress in Swisher County, Texas, has an installed capacity of 637MW, of which 570MW is currently operational.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The project contains one million solar panels.

The company has secured a long-term PPA for 89% of the solar plant’s output, ensuring stable returns for the asset.

Repsol low carbon generation North America chief operating officer Federico Toro stated: “Repsol views completion of our largest US renewable facility to date as a major milestone that will contribute to our commitment to become a net-zero emissions company by 2050.

See Also:

“Our growth ambition in this country is significant.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Repsol’s total renewable capacity in Texas has reached 2.09GW.

This includes the Outpost facility with 629MW and the Pinnington plant with 825MW.

It also operates the Jicarilla 1 and 2 solar power plants in New Mexico, with a combined capacity of 125MW and an additional 20MW of battery storage.

The company’s strategic update has outlined an investment of between €3bn ($3.2bn) and €4bn to develop its global project portfolio. It plans an installed capacity of 9–10GW by 2027, 30% of which will be located in the US.

Repsol’s entry into the US renewable market began in 2021 with the acquisition of a 40% stake in Hecate Energy.

In September 2023, it expanded its portfolio by acquiring ConnectGen from Quantum Capital Group for €717.58m.

ConnectGen’s development pipeline included 20GW of onshore wind, solar and energy storage projects, propelling Repsol towards its goal of 20GW of renewable capacity by the end of the 2020s.