1. IPP backed by Excelsior Energy Capital caters to commercial, industrial, and utility customers.
2. Two solar projects AC Ranch I and AC Ranch II in pre-construction phase with COD of 2026-2027 in Hobbs, New Mexico.
3. Three BESS projects located in Texas with COD of 2025 and cumulative capacity of 550MW/1.1GWh and 2-hour duration.
Excelsior Energy Capital is backing the IPP, which will cater to commercial, industrial, and utility customers with a pipeline of solar and battery energy storage system (BESS) projects. Two solar projects, AC Ranch I and AC Ranch II, are set for construction in Hobbs, New Mexico with capacities of 100MW and 300MW, respectively, and a COD of 2026-2027. Additionally, three BESS projects in Texas, with a total capacity of 550MW/1.1GWh and 2-hour duration, are also underway with a COD of 2025. The specific technology being used for these projects has not been revealed yet. This news was first reported on PV Tech.