Occidental (NYSE: OXY) 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 (OLCV) 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, "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," the company said

OLCV also recently signed a 12-year solar power purchase agreement with a joint venture between Macquarie’s Green Investment Group (GIG) and Core Solar LLC, whose solar project in West Texas will be operational in 2021.

Tags:
Texas   Solar   Oxy  

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