Buckeye Partners has selected Black & Veatch as the engineering, procurement and construction (EPC) services contractor for its 270 MW solar project in central Texas.
The Project Parker photovoltaic solar project will include the installation of more than 500,000 solar panels on two adjacent sites near Waco, Texas. This project in Falls County is expected to complete early in 2023.
Buckeye Partners’ Executive Vice President, Strategy and Alternative Energy Todd J. Russo said, “Our strategy is squarely focused on energy diversity and lower-carbon solutions, and we are excited to partner with Black & Veatch to advance this critical solar project.”He added, “Project Parker will further expand Buckeye’s growing renewable portfolio and add additional momentum to our ESG initiatives and continued progress in the space.”
According to the U.S. Solar Market Insight 2020 Year-in-Review report, released in March 2021 by the Solar Energy Industries Association and energy research consultant Wood Mackenzie, the U.S. solar market grew by 43 percent in 2020, nearly double the 23-percent increase in 2019.
Last year’s installed U.S. electric generating capacity was a record 19.2 gigawatts. Wood Mackenzie expects the U.S. solar market to quadruple by 2030, when the equivalent of one in eight American homes is projected to have solar.