There's been a lot of talk about how green energy will drive the new economy. But one entrepreneur and Texas town have moved beyond speculation and broken ground on a new renewable energy project in the Lone Star State.
Daven Mehta, CEO of RRE Austin Solar, LLC, has wanted to build a flagship solar farm for a long time to prove harnessing the sun's power can be economical, practical and profitable.
Now his company has cut a deal with Pflugerville, Texas officials to use nearby farm land for amassing 400,000 solar panels that can power up to 7,000 homes.
"It's going to look like a lake from the top," Mehta said.
Pflugerville will get its name on the project and roughly $750,000 worth of free solar panels to place around town.
"We're open for green business," Pflugerville Mayor Jeff Coleman said. "Our city council has made a concerted decision that's the direction we want to go. Pflugerville is going to become known as the solar city, and Texas is going to become known as a solar state."
The project is expected to create 350 construction jobs over the next three years and about 20 permanent jobs at RRE Austin Solar's corporate office in Austin.
"With as big as this project is going to be, there are going to be supporting businesses that come to central Texas and Pflugerville plans on being first in line to lure those businesses into our community," Coleman said.