GlidePath buys Texas wind farms for pairing with battery storage

GlidePath believes adding on-site battery storage systems at eight wind projects acquired from Exelon will strengthen reliability of supply in the local grid

GlidePath Power Solutions has acquired eight distributed wind projects totaling 149MW in Texas from Exelon Generation as it accelerates and broadens a nationwide push to develop on-site battery storage systems.

The planned storage systems would likely be the first involving batteries in the Southwest Power Pool - operator of the bulk electric grid and wholesale power market on behalf of electric utilities and transmission companies in 14 interior states.

US energy storage market growth surges 45% in 2018: SEPA

Read more

GlidePath, a portfolio company of Australia’s Quinbrook Infrastructure Partners, did not make transaction terms public or divulge the technology it will employ for the storage systems at the facilities north of Amarillo.

“The high penetration of wind energy in North Texas offers us an excellent opportunity to pair these facilities with the latest battery storage technology,” David Braun, President of GlidePath Asset Management, said in a statement.

“We look forward to managing these wind assets in a way that will hopefully strengthen reliability of supply in the local electric grid and deliver benefits for Texas power consumers,” he added.

If cost-effective, on-site battery systems would be useful in the Panhandle, as it would enable wind farms to store some energy during periods of transmission congestion rather than take turbines off-line.

GlidePath recently announced the Prospect Storage project, a 10 MW/MWh standalone battery system located in ERCOT, which serves 90% of the state’s power market, about 50 miles south of Houston. It is currently in advanced construction.

The deal with Exelon brings GlidePath’s operating portfolio to more than 445 MW, in addition to its development pipeline of more than 1GW of battery storage projects in the US.

Read Next

US wind project pipeline record 41.8GW through Q2: AWEA

Developers race to complete new capacity by the end of 2020 to qualify for 100% value of fading federal tax credits as demand for wind energy remains strong

01 Aug 17:54 GMT