Diode Ventures reaches financial close for 140 MW Grizzly Ridge Solar Project in Hamilton County

Diode Ventures has reached financial close on the Grizzly Ridge Solar Project, a nearly 140 megawatt (MW) utility-scale solar field located in Hamilton County, Texas. The project was co-developed with RKB Energy, LLC (RKB).

Once complete, Grizzly Ridge, a utility-scale solar field located outside Fort Worth, Texas, will provide 137.7 MW dc/100 MW ac to the ERCOT North Zone, a growing economy and power market where there is high demand for all forms of electricity.

The project is construction-ready, with an executed interconnection agreement with Brazos Electric Cooperative, the transmission service provider. The area will also undergo an upgrade from 69 kilovolts (kV) to 138 kV, reflecting this significant growth in demand.

Diode is currently in discussions to add an on-site battery energy storage system to the project, reinforcing its reliability and resilience.