Sunny Houston fails to place on Thumbtack's new list. Photo by Adrian N on Unsplash

As the cost of solar panel installation becomes more attainable to homeowners, more Americans are willing to reduce their carbon emissions and their electricity bills in the process.

So just where does Houston rank in new tech like solar panel installation? According to a new report from home service management platform Thumbtack, it doesn't.

Houston, which has no shortage of sun — as residents are well aware — fails to place in Thumbtack's new list of the top 15 most "solar" cities in the United States.

Austin leads the way for Texas, ranking the No. 3 most “solar” city in the U.S., per Thumbtack. Austin, with the highest net-new solar panel installations within the past year in Texas, splits up four Californian cities in the top five. Only San Diego (No. 1) and Los Angeles (No. 2) outranked Austin.

San Antonio follows not behind atNo. 9 and just outside the top 10 is Dallas-Fort Worth at No. 11.

For the curious, Texas Property Code 202.010 forbids homeowner associations from restricting the installation of solar panels, so any Texas homeowner can do it as long as they follow the standard procedure for “improving” their home to comply with a separate state law.

Thumbtack home expert David Steckel said in a press release that they chose to focus the report on cities with the most new solar installations because they wanted to “celebrate those [cities] making the biggest change.”

“When we looked at all solar projects – from installations to modifications, repairs, consultations and more – we found that unsurprisingly, California dominated the list with 9 out of the top 10 spots – given their long-term commitment to and adoption of solar energy," he said. "We really wanted to celebrate cities that are seeing a shift in behavior.”

The top 10 most “solar” cities in the U.S. are:

  • No. 1 – San Diego
  • No. 2 – Los Angeles
  • No. 3 – Austin
  • No. 4 – Palm Springs, California
  • No. 5 – San Francisco
  • No. 6 – Las Vegas
  • No. 7 – Phoenix
  • No. 8 – Orlando
  • No. 9 – San Antonio
  • No. 10 – Tampa, Florida

Steckel said the company has seen a year-over-year increase of up to 96 percent in solar energy projects among consumers for March 2023.

“We recently found that 71 percent of Americans are prioritizing sustainable, energy-efficient home improvement projects this year – with more than one-third of Americans planning to install solar panels in 2023 – showing an accelerating change in consumer behavior,” he said.

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This article originally ran on CultureMap.

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ExxonMobil invests over $200M in Texas advanced recycling sites

doubling down

ExxonMobil announced that it plans to invest more than $200 million to expand its advanced recycling operations at its Baytown and Beaumont sites that are expected to start in 2026. The new operations can help increase advanced recycling rates and divert plastic from landfills, according to ExxonMobil.

“We are solutions providers, and this multi-million-dollar investment will enhance our ability to convert hard-to-recycle plastics into raw materials that produce valuable new products,” says Karen McKee, president of ExxonMobil Product Solutions, in a news release.

The investment plans to add 350 million pounds per year of advanced recycling capacity at Baytown and Beaumont, which will bring ExxonMobil’s total capacity to 500 million pounds annually. The first Baytown facility started in 2022 and represents one of the largest advanced recycling facilities in North America by having processed more than 70 million pounds of plastic waste.

“At our Baytown site, we’ve proven advanced recycling works at scale, which gives us confidence in our ambition to provide the capacity to process more than 1 billion pounds of plastic per year around the world,” McKee said in a news release. “We’re proud of this proprietary technology and the role it can play in helping establish a circular economy for plastics and reducing plastic waste.”

Advanced recycling works by transforming plastic waste into raw materials that can be used to make products from fuels to lubricants to high-performance chemicals and plastics. Advanced recycling allows for a broader range of plastic waste that won't be mechanically recycled and may otherwise be buried or burned.

ExxonMobil will continue development of additional advanced recycling projects at manufacturing sites in North America, Europe and Asia with the goal of reaching 1 billion pounds per year of recycling capacity by 2027.

Houston-based Fervo Energy collects $255M in additional funding

cha-ching

A Houston company that's responding to rising energy demand by harnessing geothermal energy through its technology has again secured millions in funding. The deal brings Fervo's total funding secured this year to around $600 million.

Fervo Energy announced that it has raised $255 million in new funding and capital availability. The $135 million corporate equity round was led by Capricorn’s Technology Impact Fund II with participating investors including Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, and Sabanci Climate Ventures.

The funding will go toward supporting Fervo's ongoing and future geothermal projects.

“The demand for 24/7 carbon-free energy is at an all-time high, and Fervo is one of the only companies building large projects that will come online before the end of the decade,” Fervo CEO and Co-Founder Tim Latimer says in a news release. “Investors recognize that Fervo’s ability to get to scale quickly is vital in an evolving market that is seeing unprecedented energy demand from AI and other sources.”

Additionally, Fervo secured a $120 million letter of credit and term loan facility from Mercuria, an independent energy and commodity group that previously invested in the company.

“In surveying power markets across the U.S. today, the need for next-generation geothermal is undeniable,” Brian Falik, group chief investment officer of Mercuria, adds. “We believe in Fervo not just because their EGS approach is cost-effective, commercially viable, and already being deployed at scale, but because they set ambitious targets and consistently deliver.”

In February, Fervo secured $244 million in a financing round led by Devon Energy, and in September, the company received a $100 million bridge loan for the first phase of its ongoing project in Utah. This project, known as Project Cape, represents a 100x growth opportunity for Fervo, as Latimer explained to InnovationMap earlier this year. As of now, Project Cape is fully permitted up to 2 GW and will begin generating electricity in 2026, per the company.

Other wins for Fervo this year include moving into its new headquarters in downtown Houston, securing a power purchase agreement with California, growing its partnership with Google, and being named amongst the year's top inventions by Time magazine.


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This article originally ran on InnovationMap.