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.
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2021/05/04 12:51 MediaTek chip (MediaTek photo) MediaTek chip (MediaTek photo) TAIPEI (Taiwan News) Taiwan s mobile chipmaker MediaTek is expected to lead the global smartphone chip market with a 37 percent share in 2021, while Qualcomm will lead the global 5G smartphone chip market with a 30 percent share. MediaTek will likely continue its 2020 fourth-quarter momentum and account for around 37 percent of the Application Processor (AP)/System on Chip (SoC) market worldwide, up from last year’s 32 percent share, according to Counterpoint Research. The increase can be attributed to strong demand for MediaTek’s 5G chips used in cheaper (below US$150) 5G smartphones and a bigger share of the 4G segment.