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Noble Solar & Storage Project

275 MW Solar, 125 MW Storage

The Noble Solar and Storage Project is a 275 megawatt (MW) solar and 125 megawatt (MW) energy storage project currently under construction and located in Denton County, Texas. As announced on Earth Day 2021, The Home Depot and NRG have each executed individual 100 MW solar PPAs, and The Hershey Company has contracted for a 50 MW solar PPA with Noble. The project is anticipated to positively impact the environment, as well as the local economy by producing tax revenue, jobs, and contributions through a charitable fund.

Project Benefits

$52 million in direct economic impact over first 20 years of operation

$26 million in new tax revenue over first 20 years of operation

$1.1 in charitable giving during first 20 years of operation

250 construction and operation jobs

9 million metric tons of carbon dioxide emissions offset over 20 years

70,000 the equivalent number of cars removed from the road for one year

*Environmental benefits calculated using the United States Environmental Protection Agency’s (EPA) greenhouse gas equivalencies calculator. Environmental benefits are singular, not additive. Economic benefits calculated based on National Renewable Energy Laboratory (NREL) JEDI Model, National Grid Renewables models, and current tax law for renewable energy facilities. Economic benefits represent estimated total impact over the first 20 years of operation. All project production, benefits, and amounts are estimates and not guaranteed. Information presented is subject to change.