Panamint Capital Begins Construction of $1.7 Billion Solar Project in Texas

US-based energy investment company Panamint Capital has started construction on a $1.7 billion solar photovoltaic (PV) project named Big Rooter Power at its Twin Oaks power station in Robertson County, Texas. The two-phase development is expected to generate over 800 jobs and contribute more than $66 million to the local economy during the operational lifetime of the first phase. The project will be built on a former coal mining site and aims to transform it into an energy and digital infrastructure hub. Big Rooter West, the initial phase with a capacity of 491MWdc, is set for commercial operation in August 2028, while the second phase, Big Rooter East (658MWdc), will begin construction later this year and start operations by mid-2029. The project includes solar panels from First Solar, steel sourced domestically, and advanced tracking systems from Nextpower. Panamint Capital CEO Apolka Totth emphasized the initiative's role in enhancing America’s energy infrastructure and ensuring long-term economic benefits for the region.

By Anwesha Pattanaik Fri, July 24, 2026 at 12:01 PM GMT+3 2 min read · Yahoo Finance ·

Panamint Capital Begins Construction of $1.7 Billion Solar Project in Texas

Tickers: $FSLR

Topics: energy transition job creation solar PV Texas infrastructure

Read the full article at Yahoo Finance

More World news