SUNYA Energy

Jupiter Power announces commercial operations of 400MWh of dispatchable power in Houston and continued investment in Texas

August 19, 2024
SUNYA Summary
- Jupiter Power LLC announced the achievement of commercial operations of 400MWh of dispatchable power in Houston, Texas. - The power is supplied to the ERCOT grid from the Callisto I battery energy storage facility. - This facility aims to increase Houston's supply of reliable, zero emissions power amidst record demand increases. - Callisto I is a 200MW/400MWh battery energy storage system located in central Houston, near major landmarks. - There is potential for the site to accommodate an additional 400MW/800MWh of battery energy storage. - CEO Andy Bowman expressed pride in launching Callisto I, emphasizing the need for more affordable and dispatchable power in the area. - Callisto I is the first large-scale energy storage project in Houston and aims to enhance power resiliency during extreme weather events. - The project is part of Jupiter Power's expansion efforts in large-scale operational battery energy storage in Houston and beyond. - The Greater Houston Partnership commended the project's significance in addressing peak power demand and supporting a diverse energy future. - State Senator Charles Schwertner acknowledged the importance of diversified energy portfolios, highlighting the role of batteries in meeting energy demands. - Jupiter Power has been operating in ERCOT since 2017, with Callisto I being its ninth project, totaling 1,375MWh in its fleet. - The company secured a $65.2 million financing deal in December 2023 to fund the construction of Callisto I. - Jupiter Power is recognized as a leading energy storage infrastructure platform with extensive capabilities in the energy sector. - The company is developing more than 11,000 MW of projects across the United States, with offices in multiple cities including Austin and Houston.
PRESS RELEASE
Jupiter Power Announces Commercial Operations of 400MWh of Dispatchable Power in Houston and Continued Investment in Texas:

AUSTIN, Texas, Aug. 19, 2024 /PRNewswire/ -- Jupiter Power LLC ("Jupiter Power") announced today the achievement of commercial operations of 400MWh of dispatchable power to the ERCOT grid from its Callisto I battery energy storage facility in Houston, Texas. This new facility, which will significantly increase Houston's supply of reliable, zero emissions power as it faces record demand increases, is a product of the market-based improvements by lawmakers in recent years to add competitive dispatchable power to the ERCOT grid.  

The Callisto I Energy Center is a 200MW/400MWh battery energy storage system located in central Houston, five miles from the Medical Center and ten miles from the Houston Ship Channel at the site of a former HL&P H.O. Clarke fossil fuel power plant. The site can accommodate an additional 400MW/800MWh of battery energy storage generation.

"Jupiter couldn't be prouder about bringing the Callisto I project online," said Andy Bowman, Chief Executive Officer of Jupiter Power. "This project responds to lawmakers' calls to increase affordable and dispatchable new generation in an area where people need more power. Callisto I is the first energy storage project at this scale in the City of Houston and will help meet Houston's growing power needs while also increasing resiliency from extreme weather events."

Callisto I represents Jupiter Power's expansion of large-scale operational battery energy storage projects outside of West Texas and into Houston, to provide the city with clean, resilient and emissions-free power. 

"The announcement of Jupiter Power's Callisto I Energy Storage project is significant and exciting for the region, as it's the first large-scale transmission-connected energy storage project in the City of Houston. This critical project will help address peak power demand and is another great example of our region's leadership in scaling and deploying impactful solutions for an all the above energy future," said Jane Stricker, Greater Houston Partnership, Senior Vice President and Houston Energy Transition Initiative (HETI) Executive Director.

"It is essential that Texas has a diversified generation portfolio," said State Senator Charles Schwertner, Chairman of the Senate Committee of Business and Commerce, "Batteries play an important role within that portfolio to help address demands in times of need."

Jupiter Power is a developer, owner, and operator of stand-alone, grid-connected battery energy storage projects that was founded in 2017. Callisto I is Jupiter's ninth project in ERCOT, bringing its total ERCOT fleet to 1,375MWh. In December of 2023, Jupiter Power announced the closing of a $65.2 million financing with First Citizens Bank to finance the construction of Callisto I.  

About Jupiter Power

Jupiter is a leading energy storage infrastructure platform with deep trading, analytics, development, finance, operations, and construction capabilities and unparalleled intellectual property in dispatch optimization. The company is developing more than 11,000 MW of projects from California to Maine, and has offices in Austin and Houston, Texas, and Chicago, Illinois. For more information on Jupiter Power LLC, please visit our Twitter, LinkedIn, or Facebook pages or visit www.jupiterpower.io.

SOURCE Jupiter Power