FORT WORTH, Texas — Curious cattle lowed at the herd of people examining rows of shipping containers about thirty yards away on an overcast May morning.

A heavy-duty fence surrounds the inconspicuous gray boxes. Air conditioners cooling their precious cargo emit a gentle hum.

The property borders ranchland and an asphalt maker, all about three miles south of Hicks Airfield in Fort Worth. Electricity transmission lines cast a long shadow over the industrial site.

"A lot of people saw, like us, the opportunity to fill a need," Stephanie Smith said, walking the gravel path between the boxes.

BURLINGAME, Calif., July 30, 2024 /PRNewswire/ -- Eolian, L.P. ("Eolian"), a portfolio company of Global Infrastructure Partners ("GIP"), together with Santander Corporate & Investment Bank, MUFG, National Australia Bank, Natixis, Lloyds Bank, and SMBC, today announced the closing of a $315 million renewable energy green loan and $75 million revolving credit facility, building on a $515 million green loan closed in June 2023 with the same group of global banking institutions.  This financing is secured by a diverse group of eligible green project assets created by Eolian and is aligned with the four pillars of the Green Loan Principles, jointly published by the Asia Pacific Loan Market Association (APLMA), the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA) in February 2023.

Salt River Project (SRP) and Aypa Power have entered into an agreement to provide 250 megawatts (MW) / 1,000 megawatt-hours (MWh) of new energy storage to the Arizona grid. 

The Signal Butte energy storage project will be a 250 MW, four-hour battery energy storage system located in the Elliot Road Technology Corridor in Mesa, AZ. The project will utilize lithium-ion technology and will have the capacity to power over 50,000 average-sized residential homes over a four-hour period. The project is scheduled to be operational by mid-year 2026. 

“SRP is proud of our continued efforts to deploy battery storage, which will help us maximize use of renewable resources and decarbonize our portfolio in the coming years,” said Bobby Olsen, SRP Associate General Manager and Chief Planning, Strategy and Sustainability Executive. “The Signal Butte project will also help us meet the growing capacity needs of the Phoenix metropolitan area.” 

The mighty Columbia River has helped power the American West with hydroelectricity since the days of FDR’s New Deal. But the artificial intelligence revolution will demand more. Much more.

So near the river’s banks in central Washington, Microsoft is betting on an effort to generate power from atomic fusion — the collision of atoms that powers the sun — a breakthrough that has eluded scientists for the past century. Physicists predict it will elude Microsoft, too.

The tech giant and its partners say they expect to harness fusion by 2028, an audacious claim that bolsters their promises to transition to green energy but distracts from current reality. In fact, the voracious electricity consumption of artificial intelligence is driving an expansion of fossil fuel use — including delaying the retirement of some coal-fired plants.

New ERCOT battery rule could limit energy storage use in grid emergencies, operators say .

New state of charge rules “will substantially reduce energy storage participation in the ancillary markets and reduce competition,” Eolian CEO Aaron Zubaty said.

Two new local projects will add 400 megawatts of non-emitting capacity, helping PGE integrate more clean energy into its portfolio

PORTLAND, Ore., April 28, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today announced the procurement of 400 megawatts (MWAC) of new battery storage projects – a critical tool in Oregon's clean energy transition and the largest single procurement of standalone energy storage to date by a utility in the U.S. outside the state of California. These projects, located at substations close to electrical demand, will store enough electricity to power all PGE customer homes in a city the size of Portland for an entire evening on battery-delivered energy alone

BY ISABELLA O MALLEY

Published 7:15 AM MDT, April 28, 2023
Portland General Electric, the utility serving Portland, Oregon, announced Friday it is putting in the second-largest battery storage installation in the United States, at 400 MW of power. The significance of such projects is they diminish the need for power plants that burn fossil fuels that warm the planet.

Wärtsilä Corporation, Trade press release 27 March 2023 at 11:00 UTC+2

Madero and Ignacio energy storage facility will provide Texas’ ERCOT grid with needed flexibility amidst growing energy demand and extreme weather events. ©Eolian

The facility is also first-of-its-kind financed with the Investment Tax Credit to provide critically needed dispatchable resource to meet urgent and growing demand for flexibility in Texas power market

The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian L.P. (Eolian), a portfolio company of Global Infrastructure Partners. The Madero and Ignacio energy storage plants will be operated using Eolian software, enabling full participation in the Electric Reliability Council of Texas (ERCOT) market. This will add much needed year-round reliable operational ramping capacity to the system. The order for Wärtsilä was booked in February 2021.

February 9, 2023 (SAN ANTONIO) – CPS Energy, the largest municipally owned electric and natural gas utility in the United States, has reached agreements with three companies, closing out the utility’s FlexPOWER Bundle initiative stemming from the RFP that was launched in 2020. In total, the FlexPOWER Bundle will deliver 580 megawatts (MW) of solar, 50 MW of storage, and 500 MW of natural gas firming capacity. The utility will issue a new and separate RFP in the first quarter of 2023 to procure up to an additional 320 MW of solar, to include community solar proposals, to add to its generation portfolio.

Albuquerque’s Energy Grid Gets Major Capital Investment: New Mexico’s Energy Storage System Paves Way for a Green Future.

LEXINGTON, Ore., Sept. 28, 2022 /PRNewswire/ -- Today, state and local leaders joined NextEra Energy Resources, LLC, and Portland General Electric (PGE) to celebrate the commissioning of the first utility-scale energy facilities in North America to co-locate wind, solar and battery storage, generating renewable power for customers.

BOSTON, July 13, 2021 /PRNewswire/ -- Enel Green Power North America has acquired a 3.2 GW1 portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian. The 24 development-stage projects, including 450 MW of storage capacity, are located in the Mid-Atlantic, Midwest and Western United States and are planned for commercial operation beginning in 2023.

NEW YORK, Dec. 23, 2021 /PRNewswire/ — Eolian, a portfolio company of Global Infrastructure Partners (GIP), today announced the acquisition of all remaining outstanding interests in joint venture development portfolios of energy storage projects managed by Able Grid Energy Solutions.

Paris, February 5, 2021 – Total strengthens its presence in the U.S. market by acquiring a development pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets, all located in Texas. The projects are bought from SunChase Power, a renewable energy company focused on developing utility-scale energy projects, and MAP RE/ES, a private energy investment firm.