power move

Solar energy co. expands Houston office to support growth

Spruce's home solar assets and contracts grew about 50 percent over the past year, which represents 25,000 rooftops. Photo via Pexels

Distributed solar energy asset company Spruce Power Holding Corp. announced the expansion of its operating headquarters in Houston, which will support business functions.

Technology, asset operations, customer Support, and billings and collections teams will be housed in the newly expanded office located at Two Memorial City Plaza at 820 Gessner Road in Houston. The expansion of its Houston office will be over 40,000 square feet. Spruce is one of the largest tenants in the Memorial City Plaza office complex.

"This announcement comes on the heels of our corporate headquarters' relocation in Denver, with both expansions and the execution of a value-creating move from California to our long-term work homes,” Christian Fong, CEO of Spruce said in a news release.

“Houston is our largest employment base, and being able to add high-paying jobs to our Houston location underpins our commitment to the community and continued growth in Texas," he continues.

In 2019, Denver-based Spruce Power built a residential energy services solution platform for the distributed generation (DG) solar sector. Spruce's home solar assets and contracts grew about 50 percent over the past year, which represents 25,000 rooftops.

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plastics project postponed

ExxonMobil postpones $10B plastics manufacturing plant

ExxonMobil says it will "slow the pace" of development of its $10 billion plastics manufacturing plant. Photo via Getty Images.

Spring-based ExxonMobil is postponing development of a $10 billion plastics manufacturing plant along the Gulf Coast. Construction on the plant, to be located near Port Lavaca, was supposed to begin next year.

“Based on current market conditions, we are going to slow the pace of our development for the Coastal Plain Venture,” ExxonMobil confirmed in an emailed statement. “We’re confident in our growth strategy, and we remain interested in a potential project along the U.S. Gulf Coast and in other regions around the world. We’re maintaining good relationships with community leaders and contractors, so we are ready to reevaluate the project’s status when market conditions improve.”

According to Independent Commodity Intelligence Services, the Coastal Plain project was preliminary, and ExxonMobil had not yet announced its decision about building a plant for polyethylene production. Polyethylene, the world’s most common plastic, is used in a variety of products, such as bags, bottles, food containers, automotive components, medical tubes, IV bags, children’s toys and cutting boards.

The Coastal Plain postponement follows a judge’s ruling in August that invalidated a decision by Calhoun County ISD board members to negotiate tax breaks with ExxonMobil, according to Inside Climate News. The judge made the ruling in a case filed by environmental activist Diane Wilson and her nonprofit group, San Antonio Bay Estuarine Waterkeeper.

Wilson told Inside Climate News that she thought public opposition played a part in ExxonMobil postponing the Coastal Plain project.

“I think if everybody had just rolled over for them, if they got exactly what they wanted (tax breaks) and there wasn’t a big fight, there would be no delay,” Wilson said.

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