Jeff St. John of Canary Media reports on a new large-scale battery project in Texas.
- Intersect Power is making a significant investment in clean energy, securing $837 million in financing for three large battery projects in Texas, totaling nearly 1 gigawatt-hour of storage capacity.
- The company is rapidly expanding its battery storage capabilities, helping to provide more flexibility to Texas’s booming renewable energy market and potentially outpacing California in energy storage deployment in 2024.
- Intersect Power has an innovative vision for the future, proposing to co-locate solar and battery projects with electricity-intensive industries like green hydrogen production and direct air capture, potentially bypassing grid bottlenecks.
“The three Texas battery installations — Lumina I, Lumina II, and Radian — are expected to be up and running in 2024. They will store solar power already flowing from Intersect’s 640 megawatt Lumina project and its 320 megawatt Radian project in Texas, helping provide additional flexibility to a state that outpaced California in solar deployment as of last year and is forecasted to beat California in energy storage deployment in 2024.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
