Energy & Water
What is happening? Chem-Energy Corp. will invest $1 billion in solar and battery power plants with two facilities in Caldwell County. Solar Plant #1 will be in Uhland with construction beginning in spring 2022 and opening in 2023. Solar Plant #2 will be in Martindale.
Why is this important? They will provide 600 megawatt/1,200 megawatt-hours in battery storage and 1 gigawatt of solar power generation over a decade. The power will serve ERCOT and will work in petrochemicals and refinery projects.
How will this be important? Included is an economic development deal under Chapter 381 that Caldwell County commissioners unanimously approved for performance-based incentives. Caldwell Co. will establish tax abatements and administer loans and grants of public money to promote economic development.
Austonia | $1 billion solar and battery plants coming to Central Texas
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