BlackRock, Korea's SK, Switzerland's UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers.
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New project awards increased by ~$1 billion (2.8 GWh), of which ~$725 million (2 GWh) were gravity EVx systems Recognized revenue of $11.4 million, in-line with expectations, and driven by construction
New project awards increased by ~$1 billion , of which ~$725 million were gravity EVx systems
Recognized revenue of $11.4 million, in-line with expectations, and driven by construction progress of. | May 9, 2023