X-ELIO launches battery energy storage system in Texas
In Texas, X-ELIO, a developer of renewable and sustainable energy worldwide, has launched its first utility-scale battery energy storage system (BESS) project in the United States, with a total capacity of 60 MW. This BESS project will be co-located with Liberty 1 Solar, the 72 MW Photovoltaic (PV) Solar plant that the company is building near Houston. Liberty 1 Solar is expected to be operational in early 2024 and will generate 137 GWh of clean energy per year, avoiding the emission of 52.4 tons of CO2. The energy produced by this plant will be sold to BASF through a PPA (Power Purchase Agreement), closed last September with the company. The project itself will provide a reliable means of storing renewable energy. Surplus energy, generated by Liberty 1 during times of low demand, will be stored in these batteries so that it can be fed into the grid at times of greater need. Chief Commercial Officer of X-ELIO, Mirko Molinari, stated: “Launching this new battery project is a major milestone for X-ELIO and another step in our strategy to expand our business model to synergistic adjacencies to our core solar business,” said the firm’s Chiefl Commercial Officer, Mirko Molinari.
