US institutional investment fund sponsor Foss & Company has clinched a deal to become the exclusive provider of tax equity for a 174-MW/384-MWh battery energy storage system (BESS) project in Texas owned by a US unit of Japan's Tokyo Gas Co Ltd (TYO:9531). Battery energy storage system in Texas., a wholly owned subsidiary of Tokyo Gas Co. (hereinafter “Tokyo Gas”), is pleased to announce the establishment of subsidiaries (TG Longbow Holdings LLC and its subsidiaries) in the United States and the acquisition of the 174MW Longbow BESS Project (hereinafter. Japanese gas and energy supplier Tokyo Gas plans to acquire US battery energy storage system (BESS) company Longbow in Texas, targeting to begin commercial operations of the system during the latter half of 2024. Tokyo Gas' wholly-owned subsidiary Tokyo Gas America said on 22 December it was buying. Ascend Analytics (“Ascend”), the leading provider of market intelligence and analytics solutions for the power industry, has announced that, following a rigorous competitive process, Tokyo Gas America Ltd. (“TGA”) has begun operating Ascend's customized bid optimization platform, SmartBidder, at.
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