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Summit Power Group Celebrates Major Milestones in Financing & Construction of the Texas Clean Energy Project – Generating Jobs and Energy.

Just in case you missed this announcement, pay attention to something very big coming to West Texas that will also positively impact customers of San Antonio’s utility company, CPS Energy.

Two days ago, a special event was held in San Antonio at the annual U.S. – China Oil & Gas Forum to introduce major new project participants who will advance, and help assure the financing and construction of what’s known as the Texas Clean Energy Project, a large-scale commercial coal gasification power / polygen project that will capture 90% of its carbon dioxide for use in enhanced oil recovery by producers in the Permian Basin of West Texas.

Press Release: Summit Power Group Celebrates Major Milestones in Financing & Construction of the T…

There’s a bigger story here – one that is unfolding and shows what can happen when innovation, political will, and global collaboration takes place. I’m thrilled that our utility company, CPS is deploying this type of new energy into its pipeline and that once construction is completed, it will reinforce the Strategic Energy Plan’s roadmap and part of the Vision 2020 plan.

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