Equinor Subsidiary Launches Sunset Ridge and Citrus Flatts Energy Centers
East Point Energy, a subsidiary of Equinor, has unveiled plans for its inaugural energy storage projects in Texas. The company announced the commencement of construction for Sunset Ridge Energy Center in Frio County and the final investment decision for Citrus Flatts Energy Center in Cameron County. These developments mark significant strides in East Point Energy’s commitment to enhancing energy storage infrastructure.
Project Details
Sunset Ridge Energy Center, a 10 MW/20 MWh battery storage project, represents East Point Energy’s first venture in Texas. In contrast, Citrus Flatts Energy Center, acquired from Black Mountain Energy Storage, will boast a capacity of 100 MW/200 MWh. These projects signify East Point Energy’s dedication to bolstering energy storage capabilities in the region.
Industry Collaboration
Witt Duncan, Chief Commercial Officer of Black Mountain Energy Storage, lauds the collaboration with East Point Energy, highlighting the latter’s commitment to advancing renewable energy and storage solutions. The partnership reflects a shared vision of driving positive impacts on the energy grid through innovative projects.
Construction Timeline and Impact
Construction for Sunset Ridge Energy Center is already underway, with commercial operations expected later this year. Citrus Flatts Energy Center is slated to commence construction this year, targeting commercial operation by early 2026. Once operational, both projects will contribute to enhancing the reliability and resilience of the electric grid in Frio and Cameron Counties.
Strategic Vision and Market Expansion
Andrew Foukal, CEO of East Point Energy, emphasizes the critical role of energy storage in meeting the growing demand for energy in Texas. The company aims to establish a robust and diversified battery storage portfolio, leveraging its partnership with Danske Commodities, Equinor’s energy trading house. East Point Energy’s strategic approach aligns with Equinor’s commitment to long-term value creation in a low-carbon future.
East Point Energy’s entry into the Texas energy storage market signifies a significant milestone in advancing renewable energy infrastructure and supporting the transition towards a more sustainable energy landscape. With its focus on origination, development, and operation of energy storage projects, East Point Energy is poised to drive innovation and progress in the renewable energy sector.
Source：businesswire.com
