U.S. arm of Israel’s Nofar Energy Powers Major Texas Battery Project

Categories: Capital Markets

Nofar USA, the American arm of Israel-based Nofar Energy (TASE: NOFR), has entered into development arrangements with Qcells USA Corp. for two utility-scale energy storage projects in Texas.

The projects—Bracero Pecan (230MW/460MWh) in Reeves County and Fairway (120MW/240MWh) in Freestone County—will provide a combined capacity of 350MW with a two-hour storage duration totaling 700MWh. These installations aim to enhance grid resiliency and support Texas’s transition to renewable energy.

Pillsbury Winthrop Shaw Pittman LLP advised on the transaction.

Pillsbury Winthrop Shaw Pittman LLP