Article

Independence Power Holdings, Inc. has officially become a public-reporting company following its merger with TriUnity Business Services, aiming to mitigate the projected 8 to 13 gigawatt energy shortfall in the Permian Basin. The company plans to deploy behind-the-meter microgrids and utilize a fleet of 241 MW of battery energy storage systems to provide stable power, leveraging natural gas byproducts from oil drilling for low-cost electricity generation. This initiative is crucial for enhancing energy security in a region that produces 50% of the U.S. oil supply.