Houston is where Plus Power is headquartered. Here, at Plus Power’s Houston office, a revolution in energy is taking place. This company isn’t just building battery systems; it’s crafting a more reliable and efficient electrical grid for all of us.
Plus Power was founded in 2018. It quickly recognized the importance of the Texas market. That’s why they shifted their headquarters from San Francisco to the Houston area. The Woodlands, specifically, became their chosen home.
Why The Woodlands? CEO Brandon Keefe cited its beauty and walkable access to amenities. More importantly, a Houston base reflects Plus Power’s commitment to Texas. They are investing nearly $1 billion in projects here.
Plus Power develops, owns, and operates utility-scale systems. These systems store energy in massive lithium-ion batteries during low-demand periods. When demand surges, power providers can tap into this stored energy. This is cheaper than new natural gas plants. It is faster to build than fossil peakers or new transmission lines.
One of Plus Power’s notable projects is the Gambit facility in Angleton. This eight-acre facility supports ERCOT. ERCOT manages the power grid for 90 percent of Texas. The Gambit facility has been crucial during heatwaves and winter freezes. It fed backup energy to ERCOT during critical times. Plus Power bought the Gambit project from Tesla in June 2022.
Plus Power’s development pipeline includes projects in 28 states and Canada. They have a 185-megawatt project in Oahu, Hawaii and projects in the Phoenix area.
The energy storage market is experiencing rapid growth. Plus Power is well-positioned to capitalize on this trend. The company has a rapidly growing portfolio of large-scale lithium-ion battery systems. They are accelerating the deployment of transmission-connected battery energy storage throughout the United States.
Plus Power operates at the nexus of energy, technology, and finance. The team is led by seasoned executives from the renewables and energy storage industry. Plus Power is not just storing energy. It is fostering grid flexibility and enabling the integration of renewable generation resources.
So, as you stand here, know that Plus Power in Houston is playing a vital role. They ensure a more reliable and sustainable energy future for Texas and beyond.