Cypress Creek Renewables has brought online a 208MW solar-plus-storage plant in Texas. Financing for the project was provided by German commercial bank Norddeutsche Landesbank Girozentrale, with Cypress Creek securing US$216 million in financing. The IPP, which has been developing renewable projects in Texas since 2014, was acquired by private equity firm EQT Partners in 2021 and has a pipeline of 6GW between 24 projects in construction or development. A recent report from Lawrence Berkeley National Laboratory stated that Texas was the US state with the most solar PV capacity in its interconnection queue as of the end of 2023.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







