Broad Reach Power closes acquisition of Cascade Energy Storage Project from Enel
Broad Reach Power has completed the acquisition of the 25 megawatts (MW)/100 megawatt-hour (MWh) front-of-the-meter Cascade Energy Storage project located outside of Stockton, California from a subsidiary of Enel.
Cascade had been developed by Enel and was selected by PG&E to provide resource adequacy under a 20-year agreement signed in 2017. Broad Reach expects to continue the development and begin construction next year to bring the project online in 2022.
The Cascade Energy Storage Project joins Broad Reach Power’s rapidly growing portfolio of battery assets in Texas, where Broad Reach is the leading owner of standalone storage projects in the ERCOT interconnection queue, and across the western United States where the company has more than 700 MW of projects with signed interconnection agreements.
Country updates
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November 24, 2020
Greenbacker invests in 80 MW Fall River Solar in South Dakota
Greenbacker Renewable Energy Company LLC (GREC), through a wholly-owned subsidiary, purchased a to-be-constructed 80 MW solar project from Broad Reach Power LLC. The project, Fall River Solar, is loc...
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November 24, 2020
Falck Renewables, Eni sign an agreement to acquire 30 MW Westmoreland solar project in Virginia
Falck Renewables North America, Inc. and Eni New Energy US, Inc. through Novis Renewables Holdings, LLC, a partnership with 51% and 49% shares respectively, have signed an agreement with Savion, LLC (...
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November 24, 2020
Cypress Creek Renewables commissioned 162 MW Wagyu solar project in Texas
Cypress Creek Renewables and Cubico Sustainable Investments have started the commercial operation of its 162 MW Wagyu solar photovoltaic project in Texas, USA. Cubico is backed by ...
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November 23, 2020
FirstLight Power signs PPA for two hydro plants in Montague
Rhode Island, Vermont, and 21 public power entities from Massachusetts have agreed to purchase 200 million kilowatt-hours per year of hydroelectric power produced by FirstLight Power in Western M...
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November 20, 2020
Nucor to buy power from 250 MW solar project in Texas
Nucor Corporation has signed a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 megawatts (MWac) of new solar energy in Texas. The agreement, which will...
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