GridStor has acquired the 450 MW Evelyn Battery Vitality Storage challenge, situated in Galveston County, Texas, from Balanced Rock Energy.
The Evelyn Battery Vitality Storage challenge, anticipated to start development this summer season, is anticipated to be operational by subsequent spring. Will probably be constructed close to the present Hidden Lakes substation owned by Texas New Mexico Energy.
“Battery storage is a scalable and near-term answer to powering historic load development in Texas,” says Chris Taylor, CEO of GridStor.
“Day-after-day, batteries are constantly offering power to stabilize the facility system and meet hours of biggest demand within the state. The speedy deployment of battery power storage is strengthening the Texas grid to help the rising wants of its residents and companies at the moment whereas new energy sources and transmission infrastructure are constructed over the long term. The standard web site choice and early improvement accomplished by Balanced Rock Energy place this challenge to contribute considerably to electrical reliability on this quickly rising load space in Texas.”
GridStor is backed by Goldman Sachs Asset Administration.