SAN ANTONIO (AP) -- A solar energy deal has been announced for the San Antonio area in a project that backers say should create about 800 jobs.
Leaders of CPS Energy and OCI Solar Power LLC signed the manufacturing-to-generation agreement Monday. The 25-year contract is for solar power purchase and other economic development.
Officials say several manufacturing facilities will be established to create solar panel components, including a San Antonio unit to be built by Nexolon America LLC. At least five solar plants are expected to be built across Texas.
CPS Energy is the nation's largest municipally owned natural gas and electric utility. The company serves about 728,000 electric and 328,000 natural gas customers in the San Antonio area.
Company officials say the solar project should provide enough electricity for nearly 70,000 households.
