Tag Archive for: storage

, , ,

ENGIE Announces Commissioning of its 100MW+ Sun Valley Utility Scale Battery Storage Project in U.S.

100MWh Project will Provide Services to Support Growing ERCOT Grid

HOUSTON – ENGIE North America (ENGIE) announced today that its Sun Valley Battery Storage project in Hill County Texas has been commissioned.

 The 100MW / 100MWh project is one of ENGIE’s largest utility scale storage facilities in the U.S. so far and is co-located with the company’s existing 250MW Sun Valley Solar project which commenced operation last year.

 “Sun Valley is our first 100MW+ co located energy storage project in the U.S. We have more than 2.0 GW of energy storage already under construction in Texas and other states expected to be commissioned by end of 2024. Together, these projects will contribute to ENGIE’s global aspiration of 10 GW of energy storage installed by 2030,” said Dave Carroll, chief renewables officer of ENGIE North America.

The Sun Valley Battery Storage project will provide reliability and ancillary services to meet ERCOT’s growing demand for electricity and is a key element in supporting the acceleration of the Net Zero energy transition.

 The storage system can dispatch electricity into the grid when needed, including the ability to meet peak hour electrical needs of some 10,000 average homes. The system can be charged both from the co-located solar facility as well as from the wider grid, when appropriate.

“ENGIE is already operating or constructing more than 7GW of renewable generation across North America and storage projects like Sun Valley provide complementary services to support greater penetration of renewables onto the grid,” said Carroll. “Co-located projects like this, alongside a leading portfolio of stand-alone facilities such as those recently acquired from Broad Reach Power mean ENGIE is able to support both the growing demand for renewables and enable greater reliability and resilience on the nation’s power grids.”

 The Sun Valley Storage project comprises 308 battery cabinets and involved more than 3,500 workdays to construct, including both local and regional skilled workers.

###

About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 96,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

Contacts:

ENGIE North America
Michael Clingan, External Relations
Michael.clingan@external.engie.com
832-745-6057

/by
, , , ,

ENGIE accelerates in battery storage through the acquisition of Broad Reach Power in the United States

A major step towards ENGIE’s objective of reaching 10 GW of battery capacity within
the Group by 2030 to support the development of renewable energies

ENGIE announces it has signed a binding agreement for the acquisition of 100% of Broad Reach
Power, a company specialized in battery storage and based in Houston, from private equity funds
EnCap and Apollo.


The transaction involves 350MW of operating assets, as well as 880MW under construction
assets with a commissioning expected before the end of 2024, 1.7GW of advanced stage projects
and a significant pipeline of early stage projects. The projects are located in Texas, California and
the central states of the United States. Broad Reach Power skills, tools and teams are the perfect
fit, in and outside the United States, with ENGIE’s integrated model.


The acquisition will support the Group’s goal of having 10 GW of battery capacity globally by
2030. It will also strengthen ENGIE’s position as a leader in the energy transition in the United
States, where the group already has significant positions through its renewable assets (5GW in
operation at the end of 2022), battery storage and its energy management platform. The
development of these projects will respond to the strong need for flexibility generated by the
growth of the share of renewable energies in the energy mix and will increase ENGIE capacity to
provide 24/7 decarbonized electricity to his customers.


Completion of the transaction is expected by Q4 2023, subject to the fulfilment of certain
approvals from anti-trust and energy regulatory authorities.


For Catherine MacGregor, Chief Executive Officer of ENGIE: “This acquisition is fully in line
with ENGIE’s strategy: it will contribute to the development of a low-carbon, affordable and
resilient energy system where flexible assets will play a critical role alongside renewables.”


About ENGIE
ENGIE is a leading global group in low-carbon energy and services. With its 96,000 employees, its
customers, its partners and its stakeholders, the Group is committed every day to accelerating the transition
to a carbon-neutral world, thanks to more energy-efficient and more environmentally-friendly solutions.
Guided by its purpose, ENGIE reconciles economic performance and positive impact on people and the
planet by relying on its key businesses (gas, renewable energies, services) to offer competitive solutions to
its customers.

Turnover in 2022: 93.9 billion euros. Listed in Paris and Brussels (ENGI), the Group is represented in the
main financial (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and extra-financial (DJSI World,
Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal
Select, Stoxx Europe 600 ESG-X) indices.

 

ENGIE HQ Press contact:
Tel. France: +33 (0)1 44 22 24 35
Email: engiepress@engie.com
ENGIEpress

 

Investor relations contact:
Tel.: +33 (0)1 44 22 66 29
Email: ir@engie.com

/by