Deals Counterparts

Avantus and Toyota Tsusho complete 159 MW (DC) Norton Solar Project in Texas with VPPA signed between Toyota Tsusho America and Toyota Motor North America

Ppa Solar announced United States Mar 19, 2026
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159 MW
Capacity
operating
Stage
Norton Solar Project
Project

Avantus and Toyota Tsusho America announced the completion of the 159 MW (DC) / 125 MW (AC) Norton Solar Project in Runnels County, Texas, which reached substantial completion in October 2025 and is now operational. Toyota Tsusho America secured a long-term virtual power purchase agreement (VPPA) with Toyota Motor North America for the full output of the facility. The project, developed by Avantus and constructed by RES under an EPC contract, created nearly 250 jobs during peak construction. This VPPA supports Toyota's corporate sustainability goals by delivering renewable energy equivalent to powering over 25,000 homes annually. Avantus continues to advance a development pipeline of approximately 24 GW (DC) solar and 75 GWh of energy storage across the western United States.

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Counterparts (4)

EPC Contractor
RES Group
company · 3 deals
RES Group is a global renewable energy company involved in the development, construction, and operation of renewable energy projects. They offer a range of services including asset management, digital solutions, and consultancy across various renewable technologies.
Developer
Avantus
company · 1 deals
Avantus is a renewable energy company focused on developing large-scale solar and energy storage projects. They aim to deliver clean, reliable, and affordable energy solutions.
Offtaker
Toyota Motor North America
company · 1 deals
Partner
Toyota Tsusho America
company · 1 deals
Nagoya-based trading and investment arm of Toyota Group with significant infrastructure investments in North American renewable energy. Develops, owns, and operates utility-scale wind and solar projects totaling over 2.5 GW, primarily in Texas and California.

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Deal Analysis

Avantus and Toyota Tsusho America completed the 159 MW (DC) / 125 MW (AC) Norton Solar Project in Runnels County, Texas, which reached substantial completion in October 2025 and is now operational. RES Group constructed the project under an EPC contract, supporting nearly 250 jobs during peak construction. Toyota Tsusho America secured a long-term virtual power purchase agreement (VPPA) with Toyota Motor North America for the full output of the facility. Avantus is advancing a development pipeline of approximately 24 GW (DC) solar and 75 GWh of energy storage across the western United States.
  • 159 MW (DC) / 125 MW (AC) solar capacity online in Runnels County, Texas
  • Substantial completion achieved October 2025; announcement date March 19, 2026
  • VPPA covers 100% of project output between Toyota Tsusho America and Toyota Motor North America
  • Project created nearly 250 jobs during peak construction
  • Avantus has ~24 GW (DC) solar and 75 GWh storage in development across the western U.S.

Source Intelligence

KEY DETAILS

The project generated nearly 250 jobs during peak construction. Avantus is advancing a development pipeline of around 24 GW (DC) solar and 75 GWh energy storage across the western United States. This VPPA supports Toyota's corporate sustainability goals by delivering renewable energy equivalent to powering over 25,000 homes annually.

Capacity
159 MW (DC)/ 125 MW (AC) Norton Solar Project in Runnels County Texas
Location
159 MW (DC)/ 125 MW (AC) Norton Solar Project in Runnels County Texas
PPA Details
Toyota Tsusho America secured a long-term virtual power purchase agreement with Toyota Motor North America for the plant’s full output
Announcement
19 Mar 2026 17:03 IST
COD
The facility has reached substantial completion in October 2025 and is now operational
PARTIES MENTIONED IN SOURCE
A
Avantus developer

"Avantus has managed project execution while RES delivered engineering, procurement and construction services"

T
Toyota Tsusho America seller

"Toyota Tsusho America secured a long-term virtual power purchase agreement with Toyota Motor North America for the plant’s full output"

T
Toyota Motor North America buyer

"Toyota Tsusho America secured a long-term virtual power purchase agreement with Toyota Motor North America for the plant’s full output"

R
RES lender

"RES delivered engineering, procurement and construction services"

high quality Enriched Mar 19, 2026

Timeline

Announced
Mar 19, 2026
Signed
Closed

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