Priority Power developing 6.5-MW solar project for Texas oil producer
Power Management Priority, an independent energy services company that provides transitions to carbon neutrality, has entered into a solar development agreement with FireBird Energy, an upstream oil and gas company that operates numerous properties in the Midland Basin.
Under the agreement, Priority Power will develop a 6.5 MW PV solar facility on 50 acres of FireBird Energy land near Odessa, Texas. FireBird Energy’s private primary distribution system will serve as the interconnection point behind the utility meter.
“We applaud FireBird Energy for their proactive leadership in the drive to produce low-cost energy for our country while reducing their carbon footprint,” said John Bick, Priority Power’s chief commercial officer. “Our entire development process is tailored to FireBird’s specific needs and objectives and will deliver operational savings while reducing their environmental footprint.”
Priority Power will develop, finance, engineer, build, operate and maintain the solar facility at no upfront cost to FireBird Energy. FireBird Energy enters into a 10-year PPA for the renewable energy produced from the solar installation. The PPA will be integrated with all existing and future supply agreements managed by Priority Power.
“Reducing our carbon footprint is key to our environmental stewardship and social responsibility goals,” said Travis F. Thompson, CEO of FireBird Energy. “This agreement illustrates both our commitment to being at the forefront of improved sustainability in the upstream sector and Priority Power’s ability to work seamlessly with our team, leveraging their experience, to achieve our goals.”
News item from Priority Power Management