Stem Solar (ERCOT-24INR0003) — Project Summary

Queue ID
ERCOT-24INR0003
Capacity
200 MW
Technology
Solar
Status
active
Location
Swisher, TX
Region
ERCOT
Developer
Innovative Solar 134, LLC
IA Status
Facility Study

Stem Solar

ERCOT-24INR0003BetaActiveSolarERCOTLBNL + Live

200 MW generation in Swisher, TX · In queue since February 2020 · Proposed COD August 2025

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

200 MW

Capacity

1

Components

Solar

6y 5m

In Queue

Facility Study

IA Phase

COD target: 2025

Interconnection

Total Duration

5y 6m

Schedule

11 months past proposed COD

Facilities Study50%
Queue EntryFeb 4, 2020

Interconnection request submitted to ISO/RTO

Interconnection StudyCurrent

ERCOT uses a serial "connect and manage" approach — fastest among major ISOs.

Typical: 18–30 months (fastest major ISO)

Interconnection Agreement

Interconnection agreement not yet executed

Typical: 30–60 days (negotiation)

Commercial Operation

Proposed COD: 2025-08-26

Cross-source intelligence
Beta
Low confidence·3 sources·as of 2026-06-01
Expected COD
2025-08-26
From queue filing
Developer
Innovative Solar 134, LLC
From queue filing
Status
Active
Active — Facility Study stage per LBNL, no public announcements on construction or financing progress
Financing
Unannounced
About

The Stem Solar project is a proposed 200 MW solar generation facility in Swisher County, Texas. The project, developed by Innovative Solar 134, LLC, is located within the ERCOT region and interconnected to the tap 345kV 23914 Tule Canyon - 23912 Ogallala. It entered the ERCOT interconnection queue as queue ID ERCOT-24INR0003 on February 4, 2020, and has a proposed commercial operation date of August 26, 2025. Its interconnection status is currently in the Facility Study phase.

The Stem Solar project has been the subject of recent news coverage, with 13 articles published across industry, grid, deals, and development categories.

Generated from interconnection queue and public data sources

Development Risk

Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

TX

County

Swisher

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Innovative Solar 134, LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

tap 345kV 23914 Tule Canyon - 23912 Ogallala

Data Source

LBNL + Live

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

Available on the InfraSure platform

See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Generation Forecast

Forward generation outlook — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. The bankability view that determines whether the deal clears its covenants once online. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
Market Context
Approximate
ISO / RTO
ERCOT
Trading Hub
HB_WEST
Hub Confidence
MEDIUM
POI Substation
Tule Canyon Substation

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

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InfraSure platform

Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.