The project represents Q CELLS' entrance into the stand-alone battery storage market with, what will be, one of the largest battery storage projects in Texas.
"This acquisition builds upon the tremendous momentum at Q CELLS," said Mr. Jaekyu Lee, President of Q CELLS USA Corp. "We are proud of completing another transaction with Belltown Power, and are happy to be sharing in the accomplishments with such a valuable partner to Q CELLS."
Doug Lewin, an energy consultant in Texas, said it's difficult to read which direction the TPUC is going, but added that he anticipates that the ERCOT redesign will reward energy storage and demand response.
"We just simply don't know yet because (the TPUC doesn't) appear to be particularly close to any kind of solution yet on the market redesign," Lewin told Renewable Energy World. "Honestly, that doesn't bother me. Need to make sure gas supply and power plants get weatherized, and get more storage, demand response, and energy efficiency, and then make sure we take time to understand cost impacts and reliability impacts of the broader market redesign proposals."
John Engel is a Content Director for Clarion Events. For the past decade, John has worked as a journalist across various mediums -- print, digital, radio, and television -- covering sports, news, and politics. He lives in Asheville, North Carolina with his wife, Malia. Have a story idea or a pitch? Email John at email@example.com.