Peregrine Energy to develop 490 MW battery energy storage systems (BESS) project in Texas
Peregrine Energy Solutions LLC has announced that it will build two battery energy storage systems (BESS) projects in Texas, USA, totaling 490 MW of renewable energy capacity. The systems were acquired from Black Mountain Energy Storage.
The two assets, Best Southwest BESS in Dallas County and Mallard BESS in Collin County, are strategically located in the Dallas-Fort Worth energy load pocket and developing congestion pockets. Peregrine is aiming for a commercial operation date of early 2025 for both assets.
Peregrine Energy Solutions LLC strives to source, develop, construct, and operate North American standalone battery energy storage and renewable energy assets to unlock value.
Country updates
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January 25, 2023
Camber Energy signs agreement to acquire renewable diesel facility in Nevada
Camber Energy has entered into a Membership Interest Purchase Agreement to acquire a 100% interest in companies that own and are in the process of bringing into commercial operations a processing plan...
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January 25, 2023
US to add 63 GW of solar capacity by end 2024
The US government plans to add another 63 GW of solar capacity by the end of 2024. The Energy Information Administration (EIA) expects solar and wind power to account for 16% of electricity gen...
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January 23, 2023
McKinsey forecasts demand of 4.7 TWh of Li-ion battery in 2030
McKinsey Battery Insights predicts that demand for lithium-ion (Li-ion) batteries would increase to approximately 4.7 TWh by 2030, up from 700 GWh in 2022. According to the consulting firm, between 12...
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January 19, 2023
Lightsource bp closes US$267mn tax equity financing for two solar projects in Louisiana and Arkansas
Lightsource bp has successfully closed on a US$267 million tax equity investment from Wells Fargo & Co which complements the debt financing package which originally closed in December 20...
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January 19, 2023
Nautilus buys 54 MW community solar projects in New York
Nautilus has announced that it has acquired 54 MW of solar photovoltaic (PV) projects from Seaboard in New York, USA. The portfolio consists of nine community solar projects which are anticipated to b...
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