Cypress Creek gets 400 MW of battery projects in Texas

Jul 25, 2022 04:13 PM ET

United States renewable energy plants programmer and also driver Cypress Creek Renewables claimed today it has actually gotten four standalone energy storage projects in Texas with an incorporated capacity of 400 MW/600 MWh from Black Mountain Energy Storage (BMES).

Cypress Creek gets 400 MW of battery projects in Texas — Image: Business Wire

Each of the projects has a capacity of 100 MW and all lie throughout the Electric Reliability Council of Texas (ERCOT) market. Cypress Creek stated it will continue the development, entitlement, design, procurement, financing and construction of the projects as well as upon completion in 2024 will certainly operate the centers.

To date, Cypress Creek has actually established over 11 GW of solar and has a 15-GW solar-and-storage pipeline. Exclusively in the ERCOT market, the firm has actually developed 5 GW of solar as well as storage.

The buyer did not reveal the value of the acquisition, which was promoted with the LevelTen Energy Asset Marketplace.

Last month, Recurrent Energy LLC revealed the acquisition of a 400-MWh energy storage project portfolio in the South Load Zone of the Texas ERCOT market from BMES through the same marketplace.

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