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Samsung subsidiary considers $670 million in solar farm projects in Central Texas

Samsung subsidiary considers $670 million in solar farm projects in Central Texas Technology giant Samsung is considering spending $673 million to build solar energy farms in Central Texas, according to documents filed with the state. Samsung C&T, a subsidiary of Samsung Group, has negotiated tax breaks for the potential projects in Milam County, north of the Austin metro area.  Samsung C&T is one of a number of subsidiaries of Samsung Electronics, which already has a large Central Texas presence. Samsung C&T is focused primarily on construction, engineering, trade, investment, fashion and resort projects. Plans for the project call for three solar farms that could generate as much as 700 megawatts of electricity. 

Milam solar farms planned

Samsung C&T : unit considers $673 mln solar power plants in Texas -documents

A unit of Samsung C&T is considering investing $673 million in building solar power plants in Texas, aiming to start commercial production in December 2023, documents reviewed by Reuters showed. . | April 25, 2021

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