Articles from East Point Energy

East Point Energy, an Equinor company, has announced completion of Citrus Flatts, a 100‑megawatt (MW) / 200‑megawatt‑hour (MWh) energy storage facility located in Harlingen, Texas. Citrus Flatts is East Point’s second operational project in Texas. At peak power, the project can power tens of thousands of homes for 2 hours. The facility solidifies the company’s role as a long-term, reliable partner with the city by generating tax revenue that supports critical local services residents rely on every day.

East Point Energy, an Equinor Company, has announced the start of construction of Sunset Ridge Energy Center (Sunset Ridge) in Frio County, Texas, as well as the final investment decision of the Citrus Flatts Energy Center (Citrus Flatts) in Cameron County, Texas.

Dominion Energy announced December 7, 2023 that the Dry Bridge Energy Storage project is fully operational and providing key power services to its customers. East Point Energy, a development firm focused on the origination, construction, and operation of energy storage projects, sold the project to Dominion Energy Virginia in September 2021, prior to their acquisition by Equinor. At 20 megawatts / 80 megawatt-hours, Dry Bridge is the largest battery energy storage project in the Commonwealth of Virginia. Located in Chesterfield County, Dry Bridge is an essential component of Dominion Energy’s commitment to clean energy. Under the Virginia Clean Economy Act, 100% of Dominion’s electricity sales will come from clean energy sources by 2045.

East Point Energy, an Equinor Company, has announced the launch of its Project Acquisition Program. The company has a strategy to acquire standalone energy storage, solar, and solar plus storage projects in the United States. Initially, the company will favor standalone storage projects that can achieve commercial operation in 2024 and 2025 in ERCOT, PJM, NYISO, and ISONE, but will review and consider projects in all power markets. The project development team at East Point understands and welcomes development risk in earlier-stage assets; therefore, the acquisition program will consider projects at any stage of development, from pre-construction projects to operating assets. East Point is a fair, low transaction-risk investment partner with a transparent governance process that seeks projects with merchant risk and uncontracted revenue.

East Point Energy, an energy storage development firm, announced the sale of the Shands Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities. At 15.7 megawatts(MW)/62.8 megawatt-hours (MWh), Shands will be one of the largest standalone storage projects in Virginia when it becomes operational in 2023. Located in Sussex County, Shands will enhance local grid reliability and serve as an essential component of Dominion Energy’s 100% clean energy future.

East Point Energy (“East Point” or the “Company”), an experienced developer of grid-scale energy storage projects, is pleased to announce it has signed an agreement to sell the Company to Equinor, a leading company in the energy transition.

East Point Energy, a Virginia-based energy storage developer, announced the sale of the Dry Bridge Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities. At 20 megawatts / 80 megawatt-hours, Dry Bridge is expected to be the largest battery energy storage project in the Commonwealth of Virginia when it becomes operational in 2022. Located in Chesterfield County, Dry Bridge will be an essential component of Dominion Energy’s 100% clean energy future.