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New CEO officially takes helm of growing Houston batteries co.

Announced earlier this summer as incoming CEO of International Battery Metals, Iris Jancik has officially started her new job. Photo courtesy of IBAT

A Houston batteries company officially has a new CEO.

Originally announced as incoming CEO earlier this summer, Iris Jancik has taken the helm of International Battery Metals Ltd., a Houston and Vancouver-based developer of patented modular direct lithium extraction (DLE) plants.

She takes on the new role following IBAT's July announcement that it achieved the "first lithium from the only modular DLE operation in the world and the first commercial DLE operation in North America," according to the company. The milestone was achieved at IBAT's facility outside Salt Lake City, Utah, a plant co-located at the operations of US Magnesium.

With IBAT achieving its first commercial operations, Jancik will focus on its continued conversations with large industrial companies — automakers, oil and gas companies, and more — to expand prospects and stakeholders.

"The timing of IBAT's breakthrough technology is ideal given soaring demand for lithium batteries to power EVs and energy storage. I look forward to accelerating our growth as we expand commercially to meeting this demand with an unmatched lithium extraction technology that can be cost-effectively and quickly deployed, sustainably operated to respect water resources, and easily scalable in a variety of brine resources," Jancik says in a news release. "I can think of no one better to partner with on this journey than our chief technology officer, founder and DLE pioneer, John Burba."

Garry Flowers, who joined IBAT as president in July 2022 before being named CEO in December of the same year, preceded Jancik as CEO. Prior to joining IBAT, Jancik served as CEO of IDE Americas. She holds an MBA in international business from Texas A&M University.

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A View From HETI

SunPower is expanding its solar and VPP business in Texas. Photo via Unsplash

Utah-based solar technology and battery storage company SunPower has announced its expansion into Texas by acquiring “prime project assets” from Houston installer Green Light Solar.

As part of the deal, Green Light Solar CEO James Garrett will lead SunPower’s U.S. installation group. Garrett is based in the Houston area, according to LinkedIn.

Green Light Solar focuses on residential and commercial solar installations, battery backups and whole-home generators throughout Texas, Louisiana, Oklahoma and Colorado. As of press time, SunPower had not disclosed which specific projects or assets were included in the acquisition.

In addition to the Green Light acquisition, SunPower also announced its second strategic partnership with Fort Worth-based SOLRITE Energy, which provides solar and battery project financing and virtual power plant capabilities.

Through the partnership, SunPower plans to expand its residential solar and battery storage business and grow its virtual power plant (VPP) network in Texas.

A virtual power plant is a network of connected energy sources that can supply electricity to the grid when demand is high. The network draws on energy stored in individual residential and commercial battery systems. VPPs can also help participating homeowners generate additional revenue by selling their stored power.

“SOLRITE not only sources projects to us but also provides project funding for innovative systems with large batteries connected to a VPP, enabling power sales into the open market,” T. J. Rodgers, SunPower CEO, said in a news release. “That VPP capability provides an extra source of income that SOLRITE shares with homeowners and EPCs, making SOLRITE an attractive partner.”

SunPower will bring its sales, installation and lifetime warranty support to the partnership, while SOLRITE will provide its virtual power plant platform and solar financing capabilities, according to the release.

"Building our VPP business is a key part of SunPower’s growth strategy going forward,” Kapil Rai, EVP of Direct at SunPower, added in the release. “Our partnership with SOLRITE gives us a path to bring together customer acquisition, solar, storage deployment, and financing to develop this business in Texas and beyond.”

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