Matrix Renewables, the TPG Rise-backed global renewable energy platform, and EPC contractor SOLV Energy announced the start of construction on the Tormes Solar Project, marked by a groundbreaking ceremony on 19th May.
The groundbreaking ceremony brought together Matrix Renewables, SOLV Energy, local officials, landowners, project partners, and community stakeholders to mark the beginning of major construction activities.
When commissioned, Tormes Solar will be a 457MWdc PV solar facility located in Navarro County, approximately two miles southeast of Barry and west of Corsicana. The facility will represent over $750 million in total investment in renewable energy infrastructure, systems, and the surrounding community.
During construction, Tormes Solar is expected to support approximately 450 local and regional jobs. Once operational, the project will provide clean, reliable power to the Texas grid while generating long-term tax revenue and landowner income in Navarro County.
“We are proud to announce the construction of the Tormes Solar Project and to continue investing in Texas communities that are helping to power the state’s and nation’s energy future,” said Cindy Tindell, Managing Director and Head of US for Matrix Renewables.
The project further expands the collaboration between Matrix Renewables and SOLV Energy in Texas, with SOLV Energy serving as EPC contractor and bringing extensive experience in utility-scale solar construction and operations across the US, following the successful commissioning of the Stillhouse Solar project in Bell County.
In the US, Matrix owns over 8.7GW of projects in operation and under development across ERCOT, CAISO, MISO, WECC, and SPP, and continues to expand its pipeline and team to capitalise on growing demand for renewable energy in the country. Globally, Matrix’s portfolio already surpasses 15.5GW of solar power, battery storage, and green hydrogen projects.
