SMT Energy and Axpo Partner on Seven-Year Battery Storage Swap Agreement
New York, New York--(Newsfile Corp. - July 7, 2026) - SMT Energy and Axpo have signed a 120 MW, seven-year battery storage swap agreement tied to SMT Energy's Houston IV BESS, a newly operational 160 MW/320 MWh battery energy storage system in the Electric Reliability Council of Texas (ERCOT) market. The agreement supports long-term revenue visibility for Houston IV and highlights SMT Energy's ability to develop, commercialize and operate utility-scale battery storage assets in Texas. In...
2026-07-07 10:00 AM EDT
GridStor and Axpo Announce Battery Storage Swap Agreement
New York, New York--(Newsfile Corp. - April 8, 2026) - GridStor, a developer and operator of utility-scale battery energy storage systems, and Axpo, a leading international energy company headquartered in Switzerland, announced today the execution of an Energy Storage Agreement with the Hidden Lakes Reliability Project, a 220 MW, 440 MWh battery energy storage system located in Galveston County, Texas, which began operations in 4Q2025. In brief: GridStor and Axpo have executed an Energy...
2026-04-08 9:00 AM EDT