Solvent Energy is collaborating with Fifth Third Securities to explore strategic financial options to support its expansive 3.6 GW+ pipeline of solar and battery energy storage projects in the ERCOT System.
Key Highlights:
🌞 The portfolio includes 15 projects: 12 standalone storage projects & 3 hybrid solar + storage systems
📍 The projects are located across ERCOT north, south and west, and are primarily in late stages of development
🏗️ A noteworthy asset includes the Forts Trail 200 MW Solar & 400 MW (2 hr) BESS Hybrid project, ready for construction in late 2023.
📈 Texas has emerged as the premier market for battery storage development, primarily due to the prospect of earning double-digit returns from the provision of grid services, as well as arbitrage
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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