GridStor, a company that develops and operates large-scale battery storage systems, has acquired a 150 MW / 300 MWh battery storage project in Texas from Balanced Rock Power (BRP). This marks GridStor’s expansion into the Lower Rio Grande Valley at a crucial time, as Texas faces rising power demand from industrial customers. ERCOT predicts the state’s peak electricity load will grow by about 50% by 2030, with over 8 GW of battery storage already in place.
The project will be built in Hidalgo County, Texas, and is scheduled to begin operations in summer 2026. At its peak, construction will create over 100 jobs, including positions for skilled tradespeople and apprentices. Once completed, the facility will enhance grid reliability in the region, easing pressure on transmission infrastructure and supplying power to support economic growth in key Gulf Coast industries.
Chris Taylor, CEO of GridStor, mentioned “Battery storage is the fastest, scalable solution to provide reliability in the near-term to the Texas power system and its largest industries. Batteries provide energy that stabilizes the ERCOT electric grid and supplies its hours of greatest demand every day. Our acquisition demonstrates GridStor’s commitment to roll up our sleeves and build facilities that help Texas sustain its historic economic expansion.”
John Knight, CEO of Balanced Rock Power, said “BRP is proud to continue supporting GridStor in their efforts to support industrial expansion with utility scale battery storage. Together with GridStor, we are building reliable and affordable energy solutions today for a powerful tomorrow.”
GridStor has successfully completed its fourth project acquisition in the past year and its second deal with BRP. The company’s first acquisition from BRP, the Hidden Lakes project, is currently under construction and is set to begin operations this summer. GridStor specializes in developing and managing battery storage facilities that support the U.S. power grid by storing and supplying electricity when demand is high. Supported by Goldman Sachs Asset Management, the company is led by experienced energy professionals with expertise in energy storage, clean energy projects, finance, and operations. GridStor focuses on markets where energy demand is rising and, grid stability is essential.