HighPeak Energy, Inc. and Priority Power Announce Commissioning of WildHorse Solar Farm

Core Insights - HighPeak Energy has launched the WildHorse Solar Farm, a 9.9 MW solar facility aimed at reducing greenhouse gas emissions and lowering operational costs [1][2][4]. Company Overview - HighPeak Energy, Inc. is an independent oil and natural gas company based in Fort Worth, Texas, focusing on unconventional crude oil and natural gas reserves in the Midland Basin [6]. Project Details - The WildHorse Solar Farm will generate 26,806 MWs of electricity annually, sufficient to power nearly 3,700 homes and reduce over 18 million metric tons of carbon dioxide emissions [2]. - The project is developed and managed by Priority Power Management, which handled the entire process from design to construction [4][8]. Economic Impact - The solar facility is expected to significantly reduce HighPeak's power costs and protect the company from volatile summer power prices [5]. - The value of power in Texas is projected to increase, with a notable rise of $100 million for 100 MW over the next decade [3]. Environmental Commitment - HighPeak Energy emphasizes its commitment to sustainability and reducing its carbon footprint through renewable energy initiatives [5].