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SES AI and AISPEX partner to provide 100MWh BESS at Texas crypto mining site

January 30, 2025
Lithium-metal battery developer SES AI Corporation has signed a non-binding memorandum of understanding (MOU) with retail energy provider AISPEX to provide up to 100MWh of battery energy storage systems (BESS) at a crypto mining site in Texas, US.
The fall of FTX hit an already depressed market for bitcoin hard. Image: Flickr user Jernej Furman.

Cryptocurrency price collapse leads Texas bitcoin mine developer to target battery storage opportunity

October 17, 2023
Falling cryptocurrency prices have led to a crypto mine developer to propose a battery storage facility in the city of Corpus Christi, Texas.

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