Recurrent Energy, a subsidiary of Canadian Solar, has completed the sale of its 200 MWh Fort Duncan Battery Storage facility to Hunt Energy Network. Canadian Solar said it expects to recognize revenue from the transaction in the first quarter of 2026.
Located in Maverick County, Texas, the Fort Duncan Battery Storage project commenced commercial operations in June 2025. Earlier, the company secured $183 million in project financing and tax equity to support the development of the facility.
The project operates on a merchant basis and has emerged as a high-performing standalone battery energy storage system in the ERCOT South load zone, delivering grid support and reliability services across South Texas. The battery systems deployed at the site were supplied by Canadian Solar’s e-STORAGE division.
With this acquisition, Hunt Energy Network expands its battery storage portfolio to 420 MW of owned and operated capacity. The company has been steadily growing its storage footprint over the past four years as part of its broader strategy to strengthen its position within ERCOT.
Pat Wood III, Executive Chairman of Hunt Energy Network, said the acquisition marks a significant step in the company’s efforts to expand its presence in the ERCOT market and reaffirmed its long-term commitment to operating the asset.
Ismael Guerrero, CEO of Recurrent Energy, stated that the divestment aligns with the company’s strategy to selectively monetize operational assets to support continued growth, adding that Fort Duncan has demonstrated strong operational performance and reliability for the Texas grid.
