Acquired from Black Mountain Energy Storage, the 400 MWh combined projects will serve a growing market with a strong need for energy resiliency. June 16, 2022 Anne FischerRecurrent Energy, LLC, a wholly owned subsidiary of Canadian Solar Inc., announced the acquisition of two standalone energy storage projects from Black Mountain Energy Storage.Black Mountain Energy Storage, based in Austin, Texas, developed a +3GW pipeline of utility-scale storage projects in ERCOT territory. The two projects acquired by Recurrent are currently in development, and are in the South Load Zone of the Texas ERCOT market. Each is anticipated to store up to 200 MWh of energy and are expected to reach notice to proceed in 2023 and begin operation in the second quarter of 2024.The two energy storage installations will be operated as merchant projects, providing dispatchable and reliable power to the ERCOT…
Recurrent Energy acquires two stand-alone energy storage projects in ERCOT territory – pv magazine USA
