Recurrent Energy Wins Contract to Build Largest Texas Solar Farm

Recurrent Energy, the U.S. solar developer unit of the Japanese electronics maker Sharp Corp., won a contract to build a 150-megawatt solar farm in West Texas.

The project will be the state’s single largest solar plant, San Francisco-based Recurrent said today in a statement. It’s expected to be completed in 2016. Terms of the deal weren’t disclosed.

Austin Energy will buy electricity from the power plant under a 20-year contract as part of the utility’s goal of acquiring 200 megawatts of solar energy by 2020.

Before it's here, it's on the Bloomberg Terminal.