The power plant boasts 208 MW of photovoltaic capacity, enough power to supply more than 41,600 Texas homes annually, with 80 MWh of battery storage, which has already been utilized by the ERCOT grid to ease supply strain in a time of increased demand.
“Clean reliable power is critical to supporting the remarkable continuing growth happening in Texas,” said Sarah Slusser, CEO of Cypress Creek Renewables. “We are incredibly proud to be bringing online more solar and dispatchable energy from batteries like ours at Zier, which have already proven vital to keeping the lights on and the air conditioning running when Texans need it most.”
Cypress Creek celebrated the commercial operation of the site with a ribbon-cutting event for its supply, construction, financial and community partners in Kinney County on May 2, 2024. The project will provide $11.5 million in tax revenue to the county with an additional $11.7 million earmarked for the Bracket Independent School District.
“Texas needs every available megawatt, and low-cost renewable energy has proven critical as it continues to reach new production heights in ERCOT,” said Judd Messer, Texas VP of Advanced Power Alliance. “Solar energy is ensuring sufficient capacity during day-time peak, setting records nearly every month, and quick-responding energy storage delivers a substantial reliability benefit when demand soars or when dispatchable energy unexpectedly falls offline. A diverse mix of resources is the only way to ensure our grid achieves both reliability and affordability, and it’s encouraging to see new projects such as Cypress Creek’s facility coming online to help secure these benefits for Texas.”
Cypress Creek is backed by EQT Partners, a purpose-driven global investment organization.
Financing for the project was supplied by several partners including the North American Development Bank (NADBank), a binational financial institution established to provide support for projects that preserve, protect or enhance the environment to advance the well-being of the people of the United States and Mexico. Managing Director of the infrastructure financier, John Beckham, spoke at the May 2 event.
Cypress Creek has been developing projects in Texas since inception in 2014 and, through Cypress Creek Solutions, the company’s operating services business, operates almost 1 GW across the state including 18 Cypress Creek-owned projects. Throughout Texas, Cypress Creek has a 6-GW pipeline of 24 projects in construction or development, including a 100-MWh standalone battery storage project in Rosenberg, near Houston, expected to reach commercial operation next month.
News item from Cypress Creek Renewables
