logo
Balanced Rock Power Accelerates a Sustainable Future with Landmark Project Wins

Balanced Rock Power Accelerates a Sustainable Future with Landmark Project Wins

Business Wire02-06-2025
MOAB, Utah--(BUSINESS WIRE)--Balanced Rock Power (BRP), a leader in solar and energy storage development dedicated to delivering clean energy across America, is proud to announce significant progress and momentum in its renewable energy projects.
A key highlight is BRP's development and sale of the Two Brothers Battery Energy Storage System (BESS) project, marking the sale of BRP's third BESS project sited in Electric Reliability Council of Texas (ERCOT).
Alongside the success of the 150MW Two Brothers project, BRP has continued to demonstrate project development excellence with the additional sales of 2,625 MW of Solar and BESS projects located in Arizona, California and Texas in 2024 and 2025.
'Our recent project sale closings underscore our proven expertise in large-scale solar and energy storage solutions, positioning us at the forefront of the transition to clean, reliable and affordable energy,' said John Knight, CEO of Balanced Rock Power. 'With a dedicated team and innovative strategies, we're committed to expanding our portfolio and accelerating the shift toward a more sustainable and resilient energy landscape.'
BRP's ERCOT investment thesis focuses on targeted load pockets within Houston and South zones, known for persistent congestion and volatility, alongside rising load demands. Beginning in Q1 2022, BRP's dedicated development teams systematically screened hundreds of substations throughout South Texas to identify high-potential nodes and land parcels, setting the foundation for successful project siting.
Situated along the Texas Gulf Coast — an area characterized by chronic transmission challenges — Two Brothers was strategically located in a region where traditional fixes fall short in alleviating congestion, thereby safeguarding long-term revenue streams. Despite an interconnection queue saturated with ERCOT BESS projects, Two Brothers garnered investor interest due to its thoughtful siting, long-term economic advantages, and a clear path to project completion — supported by an executed interconnection agreement and long-lead equipment procurement.
The project achieved critical milestones, including procurement of HV breakers and GSUs, ensuring it can meet the COD outlined under its signed SGIA. Sold to a private equity-backed storage IPP in Q2 2025, the project underscores BRP's ability to efficiently develop and execute large-scale energy storage solutions.
Balanced Rock Power remains committed to expanding its portfolio of clean energy assets, leveraging its development expertise, strategic siting, and innovative transaction strategies to drive sustainable growth and energy transition.
To learn more about Balanced Rock Power, visit balancedrockpower.com.
Balanced Rock Power is committed to driving the business of clean energy and accelerating a sustainable future. BRP's development activities prioritize large utility-scale solar and battery energy storage assets through greenfield development and accretive acquisitions. Founded by a seasoned team with over 50 years of experience in renewable energy development, BRP develops, invests in, and sells clean energy projects throughout North America.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Is Fluence Energy (FLNC) Stock Soaring Today
Why Is Fluence Energy (FLNC) Stock Soaring Today

Yahoo

time6 hours ago

  • Yahoo

Why Is Fluence Energy (FLNC) Stock Soaring Today

Shares of electricity storage and software provider Fluence (NASDAQ:FLNC) jumped 6.4% in the afternoon session after it was selected by AMPYR Australia to construct a major battery energy storage project. The energy storage technology company announced it will build the 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) in New South Wales, Australia. The deal also includes a 20-year service and maintenance contract. This project marks AMPYR's first grid-scale battery system in Australia and is a significant step in the country's transition to renewable energy. The system, scheduled to be operational in 2026, will use Fluence's full suite of technology, including its Gridstack™ storage product and AI-powered Mosaic bidding software to optimize performance and profitability. For Fluence, this partnership reinforces its leadership in the growing Australian energy storage market and is expected to contribute to a strong increase in order volume for the second half of fiscal year 2025. Is now the time to buy Fluence Energy? Access our full analysis report here, it's free. Fluence Energy's shares are extremely volatile and have had 64 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Fluence Energy is down 49.9% since the beginning of the year, and at $8.49 per share, it is trading 63.9% below its 52-week high of $23.50 from November 2024. Investors who bought $1,000 worth of Fluence Energy's shares at the IPO in October 2021 would now be looking at an investment worth $242. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Synderys LLC and U.S. BESS Corp Announce Strategic Exclusive Partnership to Fortify Battery Energy Storage Systems Across North America
Synderys LLC and U.S. BESS Corp Announce Strategic Exclusive Partnership to Fortify Battery Energy Storage Systems Across North America

Business Wire

time6 hours ago

  • Business Wire

Synderys LLC and U.S. BESS Corp Announce Strategic Exclusive Partnership to Fortify Battery Energy Storage Systems Across North America

SAN DIEGO--(BUSINESS WIRE)-- Synderys LLC, a leader in advanced cybersecurity and hardware integrity solutions, and U.S. BESS Corp, a premier provider of Battery Energy Storage Systems (BESS), today announced the signing of an exclusive North American integration agreement. This groundbreaking partnership will deliver advanced, military-grade security technologies into U.S. BESS Corp's energy storage products, delivering the most robust and resilient systems available to support national security and critical infrastructure protection. U.S. BESS Corp, a premier provider of Battery Energy Storage Systems (BESS), today announced the signing of an exclusive North American integration agreement with Synderys LLC, a leader in advanced cybersecurity and hardware integrity solutions. Share Under this agreement, Synderys will provide plug-and-play security assurance tools that include real-time protection for hardware and firmware, reducing cyberattack surfaces and enabling continuous system operations across diverse deployment environments. 'As energy storage systems become foundational to America's energy infrastructure, ensuring their integrity is not optional—it's mission-critical,' said Angela Brescia, CEO of Synderys LLC. 'This partnership with U.S. BESS Corp is a transformative step toward securing the U.S. energy supply chain from the ground up.' The integrated solutions will provide U.S. BESS Corp and its customers with: Advanced hardware and firmware assurance, guarding against counterfeit components, malicious firmware, and supply chain vulnerabilities. Deep forensic-level analysis, down to the chipset level, powered by anomaly detection, AI-driven analytics, and intelligent auditing tools. Real-time monitoring and incident response, with continuous threat intelligence updates and evolving defense protocols. Integrated audit frameworks to generate cyber-certified records for compliance, mission readiness, and risk mapping across the supply chain. Comprehensive physical security solutions, including access control systems, surveillance technologies, and perimeter protection for U.S. BESS installations. Establish a dedicated BESS Cybersecurity Testing and Integration Center in San Diego, CA, serving as a hub for innovation, demonstration, and validation of secure BESS technologies for all future customer engagements. 'Our collaboration with Synderys allows us to offer the most secure and reliable BESS solutions on the market,' said Mark Hagedorn, CEO of U.S. BESS Corp. Target Sectors for Secure BESS Deployment LEARN MORE AT &

BRP selling Manitou pontoon boat business to the family that owns Bentley Pontoons
BRP selling Manitou pontoon boat business to the family that owns Bentley Pontoons

Hamilton Spectator

time10 hours ago

  • Hamilton Spectator

BRP selling Manitou pontoon boat business to the family that owns Bentley Pontoons

VALCOURT - BRP Inc. has signed a deal to sell its Manitou pontoon boat business to the Marcott family, owners of Bentley Pontoons, as part of its plan to focus on its powersports operations. Financial terms of the deal were not immediately available. The transaction is expected to close during the third quarter of the company's 2026 financial year. Until then, BRP says it will work with the Marcott family to ensure a smooth transition. The company launched a plan last year to sell its various marine businesses, excluding its Sea-Doo personal watercraft and related operations. BRP has already finalized the sale of its Alumacraft business and signed an agreement for the sale of its Telwater business that is still subject to certain closing conditions. This report by The Canadian Press was first published July 8, 2025. Companies in this story: (TSX:DOO)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store