The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Available Power and Hitachi Energy’s JV entity target 1GW deployments in Texas market


Developer Available Power and Linxon, a joint venture between engineering firm SNC-Lavalin and Hitachi Energy, are targeting 1GW of battery storage projects in the ERCOT, Texas market.

Linxon has already secured the necessary equipment supply to deliver on the first tranche of the 1,000MW-plus of battery storage projects, it said. The projects will be front-of-meter systems within the market managed by grid operator ERCOT.

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Ben Gregory, President of Available Power said: “Battery energy storage is transforming and strengthening how power grids operate. We’re proud to pair Available Power’s development experience with Linxon’s leading EPC credentials.”

Nicolas Sanloup, President and Managing Director of Linxon Americas added: “We focus on innovation, portfolio transition, and sustainability, which guides us in all our activities, and we see battery energy storage systems (BESS) as a key asset class.

Available Power is a Texas-focused energy storage developer founded in 2020 by ex-Shell executives. It has announced one major project prior to this announcement, a 100MW/200MWh battery storage system at a net-zero technology campus and airport near Austin, Texas.

Linxon meanwhile was founded in 2018 as a joint venture between Canadian engineering firm SNC-Lavalin and Hitachi Energy, part of the large Japanese conglomerate, to mainly focus on solutions centred around electricity substations.

Hitachi Energy has been deploying its own energy storage technology solutions in the past few years, including most recently turbine technology at a pumped hydro plant in Austria and a two-hour battery storage system in Switzerland. The company was formed through the acquisition of ABB’s power grids business by Hitachi.

As of the end of 2022 there was around 2.7GW of utility-scale battery storage online and operational in Texas, while the interconnection queue is in the high double-digit gigawatts. Battery storage projects in the state garner revenues from a mix of ancillary services RRS (regulation reserve service) and RRS-FFR (fast frequency response) and energy trading around the most congested nodes of the grid.’ publisher Solar Media will host the 5th Energy Storage Summit USA, 28-29 March 2023 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry leaders focusing on accelerating the market for energy storage across the country. For more information, go to the website.

22 May 2024
London, UK
At the time of writing, Europe had had its most successful year in terms of Power Purchase Agreements (PPAs) with a record 7.8GW of renewable energy contracts signed. As we gather in May 2024 for the third edition of the Renewable Energy Revenues Summit, the energy landscape continues to evolve rapidly, influenced by the beating drum of climate change, volatility around power prices and the need to decarbonise power procurement as well as generation.
22 October 2024
New York, USA
Returning for its 11th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.

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