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Occidental Starts Solar Facility Directly Powering Oil & Gas Operations

Power News - Published on Wed, 09 Oct 2019

Image Source: hartenergy.com
Occidental announced the start-up of the company’s first solar facility to directly power an enhanced oil recovery field operation in the Permian Basin. The company, through its Oxy Low Carbon Ventures subsidiary, also announced that it has signed a long-term power purchase agreement for 109 MW of solar energy, beginning in 2021, for use in its Permian operations. The Goldsmith field solar facility, built by Occidental in Ector County near Odessa, Texas, expands on the company’s commitment to economically lower its carbon footprint by using emissions-free power sources in operations. The 120-acre field is the first large-scale solar facility of its kind to directly power oil and gas operations in Texas and features 174,000 photovoltaic panels with a total capacity of 16 MW enough to power the operations at the Goldsmith field. First Solar manufactured the photovoltaic panels and is under contract with OLCV to operate the facility.

OLCV also recently signed a 12-year solar power purchase agreement with a joint venture between Macquarie’s Green Investment Group and Core Solar LLC, whose solar project in West Texas will be operational in 2021. GIG is a specialist in green infrastructure principal investment, project delivery and the management of portfolio assets and related services and Core Solar is a developer of utility scale solar plants.

President and CEO Vicki Hollub said that “Occidental is taking an important step toward realizing our aspiration to become carbon neutral through the use of emissions-free solar electricity. Using solar energy in our operations is another way Oxy Low Carbon Ventures is enhancing the profitability and sustainability of our business while meeting the challenge of reducing atmospheric greenhouse gases.”

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Posted By : Rabi Wangkhem on Wed, 09 Oct 2019
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