Tag: BESS
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Strata breaks ground on 1 GWh Scatter Wash energy storage project in Phoenix
Strata Clean Energy celebrated the start of construction on its Scatter Wash battery storage complex in Phoenix. The 255 MW / 1.02 GWh facility is expected to become operational in April 2025. A groundbreaking ceremony included executives from Strata, along with representatives from Arizona Public Service (APS) and other local dignitaries. Scatter Wash will provide APS……
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DEPCOM builds Puerto Rico’s largest solar, energy storage system
DEPCOM Power has inaugurated Ciro One, Puerto Rico’s largest solar and battery energy storage system (BESS). As an integrated provider engineering, procurement and construction (EPC) and operations and maintenance (O&M) services for the utility-scale solar and energy storage markets, DEPCOM conceptualized, procured and managed the installation of the 90 MWac photovoltaic (PV) and 51.5 MW……
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Arevon leverages IRA tax credits to build utility-scale solar peaker project in California
Arevon Energy Inc. is using $529 million package to build the Vikings solar-plus-storage project in Southern California. The project is one of the first utility-scale solar peaker plants in the United States. The company’s innovative financing approach combines the Inflation Reduction Act’s tax credit transferability provisions with traditional debt financing. Arevon has closed financing, securing……
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Longroad breaks ground on 377 MW Sun Streams 4 solar + storage project
Longroad Energy has started construction on the Sun Streams 4 project in Maricopa County, Arizona. The project will deliver 377 MWdc of PV and 300 MWac / 1,200 MWh of storage and is expected to achieve commercial operations by mid-2025. Longroad, a U.S.-based renewable energy developer, owner and operator, recently closed on the financing for……
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First Citizens, Spearmint Energy funding battery storage projects | Solar Financing Spotlight
First Citizens Bank is helping to fund a 200 MW energy storage project in California, while Spearmint Energy has secured tax equity for a 150 MW storage project Texas. Learn more about these initiatives along with other funding news in our latest Solar Financing Spotlight. To start off, First Citizens Bank’s Energy Finance business has served……