Spanish oil and gas company Repsol has completed the Frye Solar project, its largest solar plant to date in the US.

The solar facility near Kress in Swisher County, Texas, has an installed capacity of 637MW, of which 570MW is currently operational.

The project contains one million solar panels.

The company has secured a long-term PPA for 89% of the solar plant's output, ensuring stable returns for the asset.

Repsol low carbon generation North America chief operating officer Federico Toro stated: “Repsol views completion of our largest US renewable facility to date as a major milestone that will contribute to our commitment to become a net-zero emissions company by 2050.

“Our growth ambition in this country is significant.”

Repsol’s total renewable capacity in Texas has reached 2.09GW.

This includes the Outpost facility with 629MW and the Pinnington plant with 825MW.

It also operates the Jicarilla 1 and 2 solar power plants in New Mexico, with a combined capacity of 125MW and an additional 20MW of battery storage.

The company’s strategic update has outlined an investment of between €3bn ($3.2bn) and €4bn to develop its global project portfolio. It plans an installed capacity of 9–10GW by 2027, 30% of which will be located in the US.

Repsol's entry into the US renewable market began in 2021 with the acquisition of a 40% stake in Hecate Energy.

In September 2023, it expanded its portfolio by acquiring ConnectGen from Quantum Capital Group for €717.58m.

ConnectGen’s development pipeline included 20GW of onshore wind, solar and energy storage projects, propelling Repsol towards its goal of 20GW of renewable capacity by the end of the 2020s.