REUTERS: Texas Battery Rush: Oil State’s Power Woes Fuel Energy Storage Boom
May 31, 2023
BlackRock, Korea’s SK, Switzerland’s UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers and suppliers. Read more…
VALLEY MORNING STAR: Harlingen’s Biggest Battery Storage Plant Set to Open
Apr 20, 2023
A $100 million, 100-megawatt battery storage plant geared to charge as many as 50,000 homes during a power outage is set to open off about 6 acres of farmland near Valley International Airport. Read more…
BLOOMBERG: Black Mountain Seeks Buyers for $300 Million Battery Power Unit
Apr 20, 2023
Black Mountain, a privately-held energy and natural resources company, wants to sell its division for power-storage projects amid soaring demand for battery installations used to help stabilize electricity grids. Read more…
ENERGY STORAGE NEWS: Investors Castlelake and Gore Street Buy Big in Texas Battery Storage Market
Jan 27, 2023
Investment firms Castlelake and Gore Street Capital have acquired respective battery storage projects in the ERCOT, Texas market totalling nearly 600MW of storage capacity. Read more…
PR NEWSWIRE: Peregrine Energy Solutions Acquires 490mw of Energy Capacity From Black Mountain Energy Storage
Jan 24, 2023
Peregrine Energy Solutions LLC announced it will develop two mid-stage energy storage assets in the ERCOT market. The assets were acquired from Black Mountain Energy Storage by a global alternative investment manager on behalf of its funds. Read more…
ENERGY STORAGE NEWS: 200MWH BESS at Net-Zero Campus in Texas expected online in 2024
Sept 08, 2022
A 200MWh battery energy storage system (BESS) from developer Available Power at a net-zero technology campus in Texas is expected to be online in mid-2024. Read more…
ENERGY STORAGE REPORT: Texas Among ‘Fastest-Growing Storage Markets’
Aug 30, 2022
Energy companies are snapping up storage assets in the ‘Lone Star State’. The state’s lack of secure energy supply is driving the innovation. Read more…
USB MEDIA: UBS Asset Management Acquires 700MW of Development-Stage Energy Storage Projects
Jul 28, 2022
UBS Asset Management today announced the acquisition of five standalone, development-stage energy storage projects in Texas from Black Mountain Energy Storage. Read more…
PR NEWSWIRE: Cypress Creek Renewables Acquires 400MW from Black Mountain Energy Storage
Jul 25, 2022
Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage. Read more…
PR NEWSWIRE: Recurrent Energy Expands ERCOT Storage Pipeline with Acquisition of 400 MWh of Standalone Storage Projects Under Development
Jun 16, 2022
Recurrent Energy, LLC, a wholly owned subsidiary of Canadian Solar Inc., today announced the acquisition of two standalone energy storage projects from Black Mountain Energy Storage . Read more…
VOLTILITY: Black Mountain Energy Storage Sells Standalone Storage Projects
Mar 03, 2022
Texas-based developer Black Mountain Energy Storage (BMES) has sold two standalone storage projects in Texas out of a development portfolio of six that it commenced marketing in 2021. Read more…
THE PORT LAVACA WAVE: Commissioners look at energy storage unit
Jul 20, 2021
A proposed energy storage unit was presented to commissioners during last Wednesday’s meeting of the Calhoun County Commissioners Court. Read more…