$1B renewable energy project expected to create 700 jobs in Caldwell, Hays counties

Chem-Energy Corp., a California-based petroleum trading firm and energy company, plans to invest $1 billion in a pair of solar power and battery facilities near the suburb of Kyle. Officials call it the largest-ever economic development project, in terms of capital expenditure, for the region south of Austin.

For perspective, Tesla has long touted it new Austin factory as a $1.1 billion investment.

Construction on the solar complex is expected to begin on the first site near the small town of Uhland…


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