Canadian Solar Inc. has closed a supply contract and long term service agreement with Goldman Sachs Renewable Power LLC, part of the Renewable Power Group of Goldman Sachs Asset Management, to deliver and integrate a 75 MW/300 MWh lithium-ion battery storage solution into the 100 MWac Mustang solar plant in California.
The 75 MW or 4-hour 300 MWh energy storage system is a retrofit addition to the Mustang solar plant in King's County, California, which was originally developed by Canadian Solar's wholly owned subsidiary Recurrent Energy, LLC ("Recurrent Energy"). The solar plant was connected to the grid in August 2016 and the project's equity stake was later sold to Goldman Sachs in May 2019.
Canadian Solar will provide the complete integrated solution, including a lithium iron phosphate-based technology package, and all future operations, maintenance, and battery augmentation services. In addition, the Company will support the storage solution with fully wrapped capacity and performance guarantees, ensuring system output, reliability, and safety.
Construction of the energy storage component of the project will begin in early 2021 and is expected to be operational by the second half of 2021.
wpd and Scout Clean Energy have planned to add solar and battery storage components to a proposed wind farm that would be located just south of the Tri-Cities in Benton County, Washington, USA. T...
Read moreAECOM has closed the sale of its Power construction business to affiliates of CriticalPoint Capital, LLC. AECOM delivers professional services throughout the project lifecycle – from planning,...
Read morePenn State University has begun purchasing renewable electricity generated from three Lightsource bp solar farms that have completed construction in Franklin County. The projects were initiated in ear...
Read moreSunpin Solar has signed a power purchase agreement (PPA) for the entire power output of the 98 MWp Titan Solar 1 project in Imperial County of California, USA. The unnamed power purchaser will...
Read moreKenon Holdings Ltd.'s subsidiary OPC Energy Ltd. has executed an agreement with CPV Group LP, an entity in which OPC holds a 70% stake, for the acquisition of Competitive Power Ventures group from Glo...
Read more