Spearmint Energy bags 900MW Texas battery portfolio

Mar 21, 2023 07:00 PM ET
  • Three projects are located in Cooke, Galveston as well as Brazoria areas and also will supply power to ERCOT

US storage player Spearmint Energy has obtained a 900MW portfolio of grid battery projects, jointly referred to as Nomadic, in Texas.

Nomadic, which consists of three projects each with a target capacity of 300MW, was obtained from among the largest designers and operators of clean energy projects in the USA.

Situated in Cooke, Galveston and Brazoria regions, the Nomadic BESS portfolio-- with a capacity of approximately 900MW/2000 megawatt hr-- will certainly offer Texas' rapidly expanding ERCOT power market, which has seen a strong boost sought after for renewable energy generation projects adhering to Winter season Storm Uri as well as the death of the Inflation Reduction Act.

The first project within the Nomadic portfolio is prepared for to reach notice to continue in very early 2024 and also start commercial procedure within 12-18 months.

" We are proud to include Nomadic to the Spearmint portfolio," claimed Andrew Waranch, Founder, President, and also President of Spearmint.

" A collection of cutting edge energy storage space projects, Nomadic will allow Spearmint to continue to execute our mission of assisting in the clean energy revolution via the delivery of renewable power to the grid effectively, safely, and also where communities require it most."

Nomadic marks Spearmint's 2nd procurement since the Company's launch in May 2022 and follows Spearmint's procurement of Revolution, a 150MW/300MWh project in West Texas that began construction in late November 2022 as well as is expected to commence commercial procedures in mid-2023.

"As we approach the first anniversary of Spearmint, we are enormously stimulated for the future potential of our Company and also its ability to favorably affect our atmosphere by responsibly lowering carbon emissions.

"We expect additionally scaling our regionally varied project portfolio over the near-term, to the benefit of our world over the long-lasting," Waranch stated.

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