Power Purchase Agreement signed for 200 MWac solar Project in USA

D. E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in North America has signed a renewable power purchase agreement (PPA) with the Sacramento Municipal Utility District (SMUD) for SMUD's first combined solar and battery energy storage system (BESS) in California. 

The solar project has a capacity of 200 MWac with 400 MWh energy storage. Located on the east side of Sacramento, the project is the largest combined solar and BESS generation facility in northern California.

The project is expected to reach commercial operation no later than 2024 and will provide SMUD's customers with a long-term, reliable supply of local renewable energy. The project is expected to deliver significant community benefits including creation of an estimated 400 jobs during construction.