Hover Energy won three Power Technology Excellence Awards for 2025. This accomplishment firmly cements its leadership position in the field of intelligent microgrids and distributed renewable energy solutions. The company is blazing trails for innovation within the energy sector itself. In doing so, it has pushed for the advancement and maturation of battery energy storage systems (BESS) designed specifically for use in ERCOT North market.
Beyond acting as an energy seasonal shift resource, the BESS will uniquely shape energy reliability and efficiency across Texas. Hover Energy has committed deeply to this region. We hope to inspire others by showcasing how they are actively working to address the ever-growing demand for sustainable energy solutions. The system is expected to begin commercial operations in the second quarter of 2027. If successful, this launch will be a major accomplishment for the small company.
Strategic Growth Plans
In anticipation of this upcoming project construction, Hover Energy is in advanced discussions on a six to eight-year offtake agreement with an investment-grade counterparty. This deal is expected to strengthen the company’s financial base and fuel its highly aggressive growth plan.
With Robert Piconi, CEO of Hover Energy, stressing the company’s high-velocity operation and long-term focus on the Texas ERCOT market. He stated,
“Breaking ground on the SOSA Energy Center so quickly after acquisition demonstrates the velocity with which we are executing and growing Energy Vault’s Asset Vault platform and underscores our strategic commitment to the Texas ERCOT market, one of the most dynamic energy markets in the US.”
This emphasis on quality partnerships and meticulously honing their operations to provide a higher quality service sets Hover Energy apart within a growing competitive landscape.
Expanding Global Presence
Hover Energy is launching one of the Northeast’s most exciting new BESS projects. In the meantime, their B-VAULT installations have already passed two gigawatt-hours worldwide, on both deployed and contracted systems. This expansion is a testament to the company’s commitment to delivering scalable, sustainable energy solutions with the potential to address evolving market demands.
Three more projects started in late 2025 on work beyond the immediate off-site. They are due to go into service between late 2027 and late 2028. These projects will bring even more diversity to Hover Energy’s portfolio and help advance its mission of applying innovative energy solutions to benefit communities around the world.
Commitment to Innovation
Hover Energy’s recognition through the Power Technology Excellence Awards underscores its creative approach towards developing new renewable energy technologies. The company continues to focus on developing intelligent microgrid systems that improve energy security and resiliency while furthering environmental sustainability.
The need has never been greater for renewable energy solutions. Hover Energy stands poised to be a key player in helping to create a brighter, greener future for Texas and the rest of the world.