220 MW Texas facility expected to begin operation in summer 2025, From Gridstor: https://gridstor.com/gridstor-commences-construction-on-galveston-county-battery-energy-storage-project/ GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that construction is underway for its 220 MW, 440 MWh battery facility in Galveston County, Texas. The Hidden Lakes Reliability Project (formerly called Evelyn Energy Storage) is expectedContinue reading “GridStor Commences Construction on Galveston County Battery Energy Storage Project”
Category Archives: Batteries
TotalEnergies Starts Up its Largest Utility-Scale Solar Farms with Batteries in the United States
TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets totaling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest solarContinue reading “TotalEnergies Starts Up its Largest Utility-Scale Solar Farms with Batteries in the United States”
Intersect Power Secures $837 Million in Project Financing to Build 1 GWH of Battery Energy Storage Systems (BESS) in Texas
From Intersect Power: https://www.intersectpower.com/intersect-power-secures-837-million-in-project-financing-to-build-1-gwh-of-battery-energy-storage-systems-bess-in-texas/ Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced today the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas. The transactions cover portfolio-level construction debt, tax equity, and term debt financingContinue reading “Intersect Power Secures $837 Million in Project Financing to Build 1 GWH of Battery Energy Storage Systems (BESS) in Texas”
Apex Secures Financing for Texas Storage Facilities
First Citizens Bank Arranges Financing of Great Kiskadee and Angelo From Apex Clean Energy: https://www.apexcleanenergy.com/news/apex-secures-financing-texas-storage-facilities/ Apex Clean Energy today announced that First Citizens Bank Energy Finance business served as sole bookrunner and co-lead arranger on financings totaling more than $150 million for two battery energy storage projects in Texas. Great Kiskadee Storage is a 100Continue reading “Apex Secures Financing for Texas Storage Facilities”
Cypress Creek Renewables Adds Clean, Dispatchable Solar and Storage to the ERCOT Grid with Newest Operational Project
From Cypress Creek Renewables: https://www.ccrenew.com/news/zier-energization-celebration/ Cypress Creek Renewables, a leading solar and storage developer and independent power producer, announced today that it has completed construction and reached commercial operation of its newest and largest hybrid facility, Zier, in Brackettville, Texas. The facility adds capacity to the grid as the need for energy in the stateContinue reading “Cypress Creek Renewables Adds Clean, Dispatchable Solar and Storage to the ERCOT Grid with Newest Operational Project”
ExxonMobil Drilling First Lithium Well in Arkansas, Aims to be a Leading Supplier for Electric Vehicles by 2030
From ExxonMobil: https://corporate.exxonmobil.com/news/news-releases/2023/1113_exxonmobil-drilling-first-lithium-well-in-arkansas SPRING, Texas – Exxon Mobil Corporation (NYSE: XOM) today announced plans to become a leading producer of lithium, a key component of electric vehicle (EV) batteries. Work has begun for the company’s first phase of North America lithium production in southwest Arkansas, an area known to hold significant lithium deposits. The productContinue reading “ExxonMobil Drilling First Lithium Well in Arkansas, Aims to be a Leading Supplier for Electric Vehicles by 2030”
Honda Conducting Research with American Electric Power to Develop 2nd Life for Used EV Batteries
Automaker and utility will study the integration of renewable energy, energy storage, and electric vehicles Project seeks to provide 2nd life for used EV batteries, critical to future expansion of EVs As part of its ongoing effort to reduce CO2emissions from its vehicles and operations, Honda is conducting research with Ohio-based electric utility American Electric Power toContinue reading “Honda Conducting Research with American Electric Power to Develop 2nd Life for Used EV Batteries”