ERCOT tag page for related blogs, audio clips, videos, and images on Black Mountain Energy Storage’s website.
Back to Newsroom May 31, 2023 (Reuters) — 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. Projects coming online are generating…
Back to Newsroom 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. But officials are holding off on granting a Colorado company a special permit to open…
Back to Newsroom Jan 25, 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. UK investor Gore Street Capital, through its Gore Street Energy Storage Fund (GSF), has acquired a 75MW/150MWh early-stage battery storage project in the Lone…
Back to Newsroom Jan 24, 2023 — Peregrine Energy Solutions LLC, a recently established integrated and multi-technology clean energy platform with a focus on utility scale energy storage, today announced it will develop two mid-stage energy storage assets in the Electric Reliability Council of Texas (ERCOT) market. The assets were acquired from Black Mountain Energy Storage by…
Back to Newsroom AUGUST 30, 2022 — One of the US states currently deploying the largest amounts of grid-scale energy storage is Texas. Indeed, one energy sector CEO recently remarked that the state had “one of the fastest growing markets in the world for energy storage”. Figures published in a report by American Clean Power…
Back to Newsroom JULY 28, 2022 — UBS Asset Management today announced the acquisition of five standalone, development-stage energy storage projects in Texas from Black Mountain Energy Storage (BMES). This marks an important milestone following the establishment of the Energy Storage Infrastructure team in 2021, adding significant volume to the development pipeline. The projects will…
Back to Newsroom JUNE 16, 2022 — Recurrent Energy, LLC (“Recurrent”), a wholly owned subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ), today announced the acquisition of two standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, which are in the South Load Zone of the Texas ERCOT market, are each anticipated to store up…
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. The two projects – Bordertown BESS and Fort Duncan BESS (each 100MWac) – have been acquired by Recurrent Energy. Financial details of the transaction were not disclosed.…
A proposed energy storage unit was presented to commissioners, but no action was taken, during last Wednesday’s meeting of the Calhoun County Commissioners Court. Dan Ditto, of Black Mountain Energy Storage, spoke to the commissioners and County Judge Richard Meyer about leasing or purchasing five acres of land adjacent to the American Electric Power substation…