- UGE International (UGE) has acquired two solar projects and one battery energy storage system in Texas
- The acquisition is comprised of two ground-mount solar projects and one battery energy storage system project, all located in Bastrop County, Texas
- The energy produced by the first project will be sold to the City of Smithville, Texas
- Nick Blitterswyk, CEO of UGE, met with Simon Druker to talk about the news
- UGE International Ltd. (UGE) opened trading at C$1.53
UGE International (UGE) has acquired two solar projects and one battery energy storage system in Texas.
The first project reached commercial operation shortly after closing the acquisition, which marks UGE’s entrance into the Texas market. The acquisition is comprised of two ground-mount solar projects and one battery energy storage system project, all located in Bastrop County, Texas.
The first solar project, which totals 1.4MW DC, achieved commercial operation on January 31. The second solar project, with a rated capacity of 1.3MW DC, is expected to reach the notice to proceed milestone by the end of Q2 and reach commercial operation by the end of the year. The energy produced by the first project will be sold to the City of Smithville, Texas. The combination of solar and battery energy storage systems maximizes the usability of energy generated by the solar installation and strengthens grid resiliency for the community.
Nick Blitterswyk, CEO of UGE, met with Simon Druker to talk about the news.
UGE develops, owns, and operates commercial and community solar projects in the US and abroad.
UGE International Ltd. (UGE) opened trading at C$1.53.