Energy Storage News•3 days ago
Recurrent Energy sells 200MWh Texas BESS to Hunt Energy Network
Key Takeaway
The sale of a 200MWh BESS project in Texas underscores the robust M&A activity and continued deployment of energy storage assets in the ERCOT market, offering enhanced grid flexibility for developers and large consumers.
AI Summary
- •Recurrent Energy, a Canadian Solar subsidiary, sold its 200MWh Fort Duncan BESS project in Texas to Hunt Energy Network.
- •This transaction highlights an active M&A market for utility-scale battery energy storage projects, particularly within the ERCOT region.
- •The addition of 200MWh of BESS capacity in Texas contributes to grid stability and dispatchability, offering enhanced flexibility for large power consumers and new opportunities for developers.
Topics
ercotfinancingm&astorage
Article Content
Energy storage developer and subsidiary of Canadian Solar, Recurrent Energy, has sold its 200MWh Fort Duncan battery energy storage system (BESS) project, located in Texas, US, to developer Hunt Energy Network.