Texas

The nearly $500 million project includes 250 MW of solar and is the Danish company’s largest onshore development to date.

The 260 MW Brazoria West Solar Project was sold by Savion and marks S&B USA’s second solar buy since entering the U.S. market.

The new company will develop and manage a portfolio of 500 MW of distribution-level energy storage assets across Texas.

The utility alleged that ERCOT “ran up $20 billion in charges” for five days of energy supply due to its “lack of oversight, preparedness, and failure to follow its own protocols.”

The 100 MW battery storage system would provide black start and balancing services for a volatile node within ERCOT.

The company initially financed the Rippey Solar project and now has acquired it, expanding its Lone Star State solar portfolio to 95 MW.

Going it alone with the ERCOT market as currently structured and regulated has been tested and found inadequate, writes a former state utility regulator. “Texas should not waste this crisis.”

The ERCOT market has served Texans well, producing low energy costs and the nation’s leading market for renewable energy. This same system also failed the state’s residents and businesses spectacularly in a moment of great need.

Grid planning fails to consider extreme climate scenarios that a resilient grid needs to handle, said EPRI’s president and CEO. “Traditional planning processes do not represent how resources actually perform under extreme conditions.”

Data firm Lium concluded that ERCOT “probably needed at least another 17 GW of generation” to meet demand as cold winter weather settled in over the state.