Broad Reach Power buys battery systems for storage projects near Houston, West Texas

by Chris Mathews, Houston Business Journal | Source: Houston Business Journal | Posted 04/22/2022

Houston-based Broad Reach Power LLC plans to develop six new battery storage sites, including two in ERCOT's Houston zone.


AI generated summary

Broad Reach Power LLC, based in Houston, is set to develop six new battery storage projects in Texas, including two in the Houston area. The company announced on April 19 that it will purchase over 900 megawatts of battery storage systems from Contemporary Amperex Technology Co. Ltd. The projects, which are expected to begin construction in July 2023, will feature varying capacities, with three projects having 200 megawatts each and the others having capacities of 175, 50, and 10 megawatts.

Broad Reach aims to create a diverse portfolio of energy storage solutions, strategically located near both renewable energy generation sites and high-demand load centers. The company has previously collaborated with CATL for other projects and has expanded its operations significantly since 2020, now managing a portfolio of 21 GW of solar and storage projects across multiple states. With financial backing from Apollo Global Management and other investors, Broad Reach is poised for continued growth in the energy storage sector.



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Source Link: https://www.bizjournals.com/houston/news/2022/04/22/broad-reach-power-battery-storage-ercot-zone-pecos.html

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