City of Houston joins forces with nonprofit to launch a citywide solar co-op

Climate action

Houstonians can now opt into a citywide solar co-op. Photo courtesy of Houston Mayor's Office

One year ago, the city of Houston announced its Climate Action Plan and its goal to reach carbon neutrality by 2050. This year, the city has another Earth Day announcement that builds upon CAP.

Mayor Sylvester Turner and solar nonprofit group, Solar United Neighbors, announced a citywide solar co-op on Earth Day — exactly one year since CAP launched. For an update on the plan's execution in Houston, click here for a report from the Kinder Institute for Urban Research.

"As we celebrate Earth Day, I'm proud to welcome this community-driven initiative for local rooftop solar and thank Solar United Neighbors for being such a strong supporter of the Houston Climate Action Plan," says Mayor Turner in a news release. "I encourage Houstonians to take full advantage of this opportunity to learn more about the benefits of residential solar and how they can take part. Bulk buy programs like this will help our city meet our energy transition goals and grow local investment in renewable and resilient energy."

SUN is familiar with Houston, and, since 2018, the nonprofit has hosted six neighborhood solar co-ops in Spring Branch, Lake Olympia, East Houston, Central Houston, the Woodlands, and West Houston. According to SUN, Texas solar co-ops provide 569 kW of solar power, $1.64 million in local economic investment, and more than 18.4 million pounds of lifetime carbon offsets.

"The co-op will enable homeowners and business owners in and around the city of Houston to join the growing community of people taking control of their energy bills and improving grid resilience by harnessing solar power," says Hanna Mitchell, Texas program director for SUN, in the release. "Together, we're building a movement to transform our electricity system into one that is cleaner, fairer, and shares its benefits more broadly."

Data from Environment Texas shows that Houston's installed solar capacity has quadrupled from 2018 to 2020, and Houston is the nation's largest municipal user of renewable energy in the United States, according to the release. Additionally, Houston Permitting Center saw a 63 percent increase in solar installation permits from 2019 to 2020.

For more information on the co-op, visit SUN's Houston website. Or, sign up for one of the two information sessions on Thursday, May 6, at 6:30 pm, or Wednesday, May 19, at noon.

A national solar energy organization is expanding in Houston to promote affordable sustainability. Getty Images

Solar energy co-op shines light on sustainability for Houston-area residents

join the club

A nationwide nonprofit organization that focuses on promoting and educating on the use of solar energy, has chosen a local solar installer business for its West Houston co-op.

Solar United Neighbors, also known as SUN, was established in 2007 to represent the interests and needs of solar owners and those interested in going solar. The nonprofit has already helped more than 4,600 solar owners with over 35,000 kW installed. SUN is currently active in the Houston area with two co-ops formed.

The West Houston co-op, which opened in January of 2020, is open to residents and small businesses from Brookshire to Memorial City and Richmond. The co-op will be open to new members until July 31st. However, members have already chosen a local business, Sunshine Renewable Solutions to install solar panels for the group.

"It is an honor to be selected because we know how thoroughly the co-op reviewed each bid," says Sid Chandrashekar, vice president of sales and operations for Sunshine Renewable Solutions. "SUN's mission is aligned with ours when it comes to education efforts for solar energy, they use a community approach that is really informative to anybody that is interested in solar, and that's how we see ourselves more as educators and consultants."

Hanna Mitchell, the Texas Program Director for Solar United Neighbors says a co-op is a great way to reduce costs for local citizens looking to go solar. The co-op is free to join and there is no commitment to purchase panels.

"Through our education programs and events we hope to demystify the process of going solar," says Mitchell. "There is never any pressure to go forward with the installation, our main goal is to provide access to information so our members can make informed energy choices."

The West Houston co-op committee members chose Sunshine Renewable Solutions from seven other installers that put in a bid. Solar co-op members selected the local installer for their competitive pricing, battery options, and workmanship warranty.

Co-op member Joseph Garfunkel served on the committee who volunteered to review bids and choose an installer. Initially, he joined to learn more about the process to get solar in his home.

"I joined the West Houston Solar Co-op to learn more about the process for installing solar at my house, and to also to get an idea of the cost," says Garfunkel. "The solar co-op has been very helpful in providing webinars and other information describing the entire process."

The experts at SUN were able to hold events to further educate the members of the West Houston co-op of the benefits of solar investment, even after the rise of the coronavirus pandemic moved gatherings to virtual events.

Garfunkel, along with fellow residents of the committee, was able to select the best candidate among those who presented a bid.

"I found that our discussion during that process was extremely helpful," says Garfunkel. "We were able to in better understand the features being offered by the different vendors, as well as the different costs and options that are available."

Sunshine Renewable Solutions, for their part, says they are thrilled to have been chosen from the other solar installers that were in the competition.

"We've worked hard to build our reputation and spread the love of clean energy and energy independence in the Houston area," says Chandrashekar. "We are ecstatic to help more people go solar by providing them with amazing customer experience at an incredibly low cost."

Those interested in joining the West Houston co-op will be presented with an individualized proposal based on the group rate, which leads to a significant number of dollars saved on the cost.

SUN will be recruiting more members for its East Houston co-op that will close at the end of August.

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Houston unicorn closes $421M to fuel first phase of flagship energy project

Heating Up

Houston geothermal unicorn Fervo Energy has closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station project in Beaver County, Utah.

Fervo believes Cape Station can meet the needs of surging power demand from data centers, domestic manufacturing and an energy market aiming to use clean and reliable power. According to the company, Cape Station will begin delivering its first power to the grid this year and is expected to reach approximately 100 megwatts of operating capacity by early 2027. Fervo added that it plans to scale to 500 megawatts.

The $421 million financing package includes a $309 million construction-to-term loan, a $61 million tax credit bridge loan, and a $51 million letter of credit facility. The facilities will fund the remaining construction costs for the first phase of Cape Station, and will also support the project’s counterparty credit support requirements.

Coordinating lead arrangers include Barclays, BBVA, HSBC, MUFG, RBC and Société Générale, with additional participation from Bank of America, J.P. Morgan and Sumitomo Mitsui Trust Bank, Limited, New York Branch.

“As demand for firm, clean, affordable power accelerates, EGS (Enhanced Geothermal Systems) is set to become a core energy asset class for infrastructure lenders,” Sean Pollock, managing director, project Finance at RBC Capital Markets, said in a news release. “Fervo is pioneering this step change with Cape Station, a vital contribution to American energy security that RBC is proud to support.”

The oversubscribed financing marks Cape Station’s shift from early-stage and bridge funding to a long-term, non-recourse capital structure, according to the news release.

“Non-recourse financing has historically been considered out of reach for first-of-a-kind projects,” David Ulrey, CFO of Fervo Energy, said in a news release. “Cape Station disrupts that narrative. With proven oil and gas technology paired with AI-enabled drilling and exploration, robust commercial offtake, operational consistency, and an unrelenting focus on health and safety, we have shown that EGS is a highly bankable asset class.”

Fervo continues to be one of the top-funded startups in the Houston area. The company has raised about $1.5 billion prior to the latest $421 million. It also closed a $462 million Series E in December.

According to Axios Pro, Fervo filed for an IPO that would value the company between $2 billion and $3 billion in January.

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This article first appeared on EnergyCapitalHTX.com.

Houston food giant Sysco to acquire competitor in $29 billion deal

Mergers & Acquisitions

Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.

The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”

Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools, and hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired ahead of time based on how much traffic that restaurants typically see.

Restaurant Depot offers memberships to mom-and-pop restaurants and other businesses, giving them access to warehouses stocked with supplies for when they run short of what they've purchased from suppliers like Sysco.

It is a fast growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.

Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing share price of $81.80 as of March 27, 2026, the deal has an enterprise value of about $29.1 billion.

Restaurant Depot was founded in Brooklyn in 1976. The family-run business then known as Jetro Restaurant Depot, has become the nation's largest cash-and-carry wholesaler.

The boards of both companies have approved the acquisition, but it would still need regulatory approval.

Shares of Sysco Corp. tumbled 13% Monday to $71.26, an initial decline some industry analysts expected given the cost of the deal.

Houston researcher builds radar to make self-driving cars safer

eyes on the road

A Rice University researcher is giving autonomous vehicles an “extra set of eyes.”

Current autonomous vehicles (AVs) can have an incomplete view of their surroundings, and challenges like pedestrian movement, low-light conditions and adverse weather only compound these visibility limitations.

Kun Woo Cho, a postdoctoral researcher in the lab of Rice professor of electrical and computer engineering Ashutosh Sabharwal, has developed EyeDAR to help address such issues and enhance the vehicles’ sensing accuracy. Her research was supported in part by the National Science Foundation.

The EyeDAR is an orange-sized, low-power, millimeter-wave radar that could be placed at streetlights and intersections. Its design was inspired by that of the human eye. Researchers envision that the low-cost sensors could help ensure that AVs always pick up on emergent obstacles, even when the vehicles are not within proper range for their onboard sensors and when visibility is limited.

“Current automotive sensor systems like cameras and lidar struggle with poor visibility such as you would encounter due to rain or fog or in low-lighting conditions,” Cho said in a news release. “Radar, on the other hand, operates reliably in all weather and lighting conditions and can even see through obstacles.”

Signals from a typical radar system scatter when they encounter an obstacle. Some of the signal is reflected back to the source, but most of it is often lost. In the case of AVs, this means that "pedestrians emerging from behind large vehicles, cars creeping forward at intersections or cyclists approaching at odd angles can easily go unnoticed," according to Rice.

EyeDAR, however, works to capture lost radar reflections, determine their direction and report them back to the AV in a sequence of 0s and 1s.

“Like blinking Morse code,” Cho added. “EyeDAR is a talking sensor⎯it is a first instance of integrating radar sensing and communication functionality in a single design.”

After testing, EyeDAR was able to resolve target directions 200 times faster than conventional radar designs.

While EyeDAR currently targets risks associated with AVs, particularly in high-traffic urban areas, researchers also believe the technology behind it could complement artificial intelligence efforts and be integrated into robots, drones and wearable platforms.

“EyeDAR is an example of what I like to call ‘analog computing,’” Cho added in the release. “Over the past two decades, people have been focusing on the digital and software side of computation, and the analog, hardware side has been lagging behind. I want to explore this overlooked analog design space.”

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