Recurrent buys standalone energy storage projects in Texas
Black Mountain Energy Storage (BMES) has announced the acquisition of two stand-alone energy storage projects located in the Texas ERCOT market's South Load Zone in the USA by Recurrent Energy.
The projects are expected to store up to 200 MWh of energy each. Both projects, now in the planning stages, are expecting to receive notice to proceed (NTP) in 2023 and start operations in Q2 2024.
Both acquisitions were completed using the LevelTen Asset Marketplace, a platform that connects sustainable energy project developers and financiers while also providing software, analytics and M&A transaction expertise.
Country updates
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June 17, 2022
Sekisui Specialty Chemicals offtakes power from 92 MW wind farm in Texas
SEKISUI Specialty Chemicals has signed a 5-year power purchasing agreement (PPA) with TXU Energy. SEKISUI will purchase renewable energy from the Indian Mesa wind farm in Pecos County, Texas, st...
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June 15, 2022
Doral Group secures financial close for 400 MW Mammoth North solar project in Indiana
Doral Group, through its unit Doral Renewables LLC, has secured a financial close for the 400 MW Phase 1 of the Mammoth Solar project located in Starke County, Indiana, USA. Deutsche Bank AG, Ne...
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June 14, 2022
Duke Energy Florida starts commercial operation of 74.9 MW Charlie Creek solar project in Hardee County
Duke Energy Florida has started the commercial operation of its 74.9 MW solar photovoltaic project located in Hardee County, Florida, USA. The Charlie Creek Solar Power Plant is constructe...
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June 10, 2022
rPlus Hydro plans 900 MW pumped hydro project in Wyoming
rPlus Hydro, the subsidiary of US renewables developer rPlus Energies, has filed for a draft license application with the state of Wyoming for the development of the 900 MW Seminoe Pumped St...
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June 10, 2022
Qcells enters PPA for 150 MW solar PV project in Wyoming
Qcells, the subsidiary of Hanwha Solutions Corp, has signed a Power Purchase Agreement (PPA) for the 150 MW solar photovoltaic project located in the state of Wyoming, USA. Once operationa...
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