Houston-based energy company Baryonyx Corp. was the high bidder in the Texas General Land Office lease sale for two offshore state wind concessions. Additionally, a further state lease was granted for a prospective wind energy development in the Texas Panhandle.
‘The grant of these leases from the state of Texas are not only an important milestone for Baryonyx, but also for demonstrating a way forward to reduced reliance on imported energy and simultaneously increasing the environmental sustainability of technology that has become core to the modern economy,’ says Ian Hatton, CEO of Baryonyx.
The development model devised by Baryonyx is proposed to include co-located, scalable Tier 4 data center powered by wind energy, in combination with other low-carbon energy production and storage technologies.
Ultimately, through development of the projects on the leases granted by the state of Texas, Baryonyx anticipates providing both renewable energy and low-carbon, online data storage and computational services.
Baryonyx will now begin detailed environmental and engineering evaluation of options for the development of the three prospects, which have approximately 3 GW of energy-generating potential, according to the company. An application be made for approval to construct the projects after environmental assessment and consultation with interested parties.
SOURCE: Baryonyx Corp.
