SUNYA Energy

Vitis Energy acquires 200MW energy storage project from Black Mountain Energy Storage

August 26, 2024
SUNYA Summary
- Black Mountain Energy Storage announced the closure of the Apache Hill project with Vitis Energy on July 24th. - Vitis Energy, launched in 2022, focuses on the ownership of solar, battery, and hydrogen-ready power plants. - The Apache Hill project is located in Hood County and will expand Vitis Energy's presence in the Electric Reliability Council of Texas. - Energy storage is crucial for transitioning to a low-carbon energy future. - The 200MW Apache Hill project is near the 2.4GW Comanche Peak nuclear plant, enhancing ERCOT's grid reliability. - The project will utilize flexible battery technology to support the reliability and sustainability of the Texas electric grid. - Construction is set to begin imminently, with commercial operations expected by late 2026. - Witt Duncan, Vice President of BMES, expressed excitement about improving electricity reliability and sustainability. - Stephanie Clarkson, CEO of Vitis Energy, highlighted the strategic importance of the project for ERCOT's grid reliability. - This acquisition signifies a promising partnership between BMES and Vitis Energy for advancing clean energy projects. - Black Mountain Energy Storage develops and operates battery energy storage facilities focusing on reliable, emissions-free energy. - Vitis Energy is a woman-owned independent power producer committed to sustainable energy solutions across North America.
PRESS RELEASE
VITIS ENERGY ACQUIRES 200MW ENERGY STORAGE PROJECT FROM BLACK MOUNTAIN ENERGY STORAGE:

Black Mountain Energy Storage (BMES) is proud to announce the successful closure of the Apache Hill project with Vitis Energy

AUSTIN, TEXAS, USA, August 26, 2024 /EINPresswire.com/ -- Black Mountain Energy Storage (BMES) is proud to announce the successful closure of the Apache Hill project with Vitis Energy on July 24th. Vitis Energy, a company launched in 2022, is actively pursuing ownership of solar, battery, and hydrogen-ready power plants. The Apache Hill project, located in Hood County, will expand Vitis Energy's presence in the Electric Reliability Council of Texas (ERCOT). Energy storage is increasingly recognized as a fundamental ingredient in our evolving electric grids as we transition toward a low-carbon energy future. The 200MW Apache Hill project is strategically situated adjacent to the 2.4GW Comanche Peak nuclear plant, ERCOT’s second-largest generator, to provide fast-responding dispatchable capacity onto a backbone of the ERCOT grid. Deployment of highly flexible battery technology at this advantageous location will enable the project to play a critical role in enhancing the reliability and sustainability of the Texas electric grid. Construction is scheduled to start imminently, with commercial operations expected to begin in late 2026. Witt Duncan, Vice President of BMES, expressed his enthusiasm for the project: “We are thrilled to play a role in advancing Vitis’ endeavor to improve the reliability and enhance the sustainability of America’s electric grids. The Apache Hill project offers Vitis a unique opportunity to expedite its time to market via an advanced development project located at an advantaged position within the ERCOT system. Our teams worked seamlessly throughout the execution process, and we look forward to seeing the project support Texas’ reliable provision of electricity amidst an era of unprecedented demand growth.” “Apache Hill is a strategic addition to our portfolio and enhances our positioning within ERCOT,” stated Stephanie Clarkson, CEO of Vitis Energy. “With ERCOT’s dynamic landscape, making sure projects are in optimal locations is critical to ensuring grid reliability and the long-term success of a project” “This transaction marks the beginning of an exciting relationship,” Clarkson commented. “We look forward to continuing to work with the Black Mountain team to advance more clean energy projects together.” The successful closure of the Apache Hill project marks a significant milestone for both BMES and Vitis Energy, underscoring their commitment to pioneering advanced energy solutions and contributing to a reliable energy future. For more information, please contact: press@blackmtn.com ### ABOUT BLACK MOUNTAIN ENERGY STORAGE

Black Mountain Energy Storage is a team of energy experts who develop and operate battery energy storage facilities. Founded in 2021, BMES was established to bring reliable, emissions-free energy storage capacity to the electric grid to enhance system reliability and enable greater reliance on renewable generation. It focus on investing in communities and markets where energy storage will provide long-term value to stakeholders. For more information, visit www.bmenergystorage.com.

ABOUT VITIS ENERGY

Vitis Energy is a fast-growing, woman-owned and operated independent power producer dedicated to the development, acquisition, and operations of sustainable energy and infrastructure throughout North America. Founded in 2022, Vitis has a strong focus on creating innovative solutions that enhance reliability, efficiency, and sustainability through an interdisciplinary approach, experience, and execution. For more information, visit www.vitisenergy.com.

Rhett Bennett Black Mountain +1 817-529-7275

email us here

Visit us on social media:

LinkedIn