HomeJune 20, 2019
Affiliate Of Texas Retail Provider Breaks Ground On 150 MW Solar Power Plant In Texas
174 Power Global, A Hanwha Company, Officially Announces Launch Of Texas Retail Provider Chariot Energy
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174 Power Global Corporation announced that it broke ground on the $200 million Oberon Solar Power Facility in Ector County, Texas, and also formally announced the launch of a new retail electricity provider affiliate, Chariot Energy, "to facilitate the delivery of affordable, clean energy to customers across Texas."
The creation of 174 Power Global Corporation's retail energy provider (story here), and Chariot Energy's launch of service (story here), had been exclusively first reported by EnergyChoiceMatters.com
174 Power Global Corporation is the U.S.-based solar project development company arm of the Hanwha Group, a Fortune Global 500 firm and the 7th largest conglomerate in South Korea.
"The launch of Chariot Energy is a natural complement to the U.S. solar manufacturing and generation services already provided by our affiliated companies," said Chariot Energy Chief Operating Officer, Mohsin Khoja. "The company’s integration and backing from 174 Power Global along with other affiliates enable Chariot to bring clean, renewable electricity directly to consumers at an affordable price point."
Chariot Energy's initial offerings and market positioning (touting access to solar at wholesale prices) is more extensively discussed in our exclusive prior story here
Oberon is 174 Power Global’s second solar generation facility developed in Texas
Solar modules for the 150-megawatt Oberon project will be supplied by Hanwha Q CELLS
Previously, 174 Power Global developed and sold several other solar facilities, including the 178-megawatt Midway Solar project in Pecos County, Texas
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