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Summit Texas Clean Energy Project still alive says Odessa official
Odessa chamber chief Mike George says Summit remains alive as final contracting nears closing and ground breaks soon. The project faced a loss of federal stimulus funds but IRS ITCs boost Summit to 811 million, with private equity covering about a third of costs. The Texas Clean Energy Project aims to capture 90 percent of CO2 from coal, sell urea fertilizer, power, and sulfuric acid, and employs a 600 acre site west of Odessa with long legal and engineering processes ongoing.
MENTIONED IN THIS ARTICLE
Mike George
Odessa Chamber
Miller
Summit
United States
Department of Energy
Texas Clean Energy Project
Itcs
Internal Revenue Service
IRS
ITC
Texas Clean Energy
United
CHS, Inc
Odessa American
U.S
Odessa
ODC
Penwell
DOE
Illinois
Hydrogen Energy California
Jim Wood
West Virginia University
America