Strata Solar selects Tesla to build 100 MW Ventura Energy Storage Facility in California
Strata Solar's Ventura Energy Storage (VES), a 100-megawatt, 400-megawatt hour battery energy storage system in Ventura County, California, has completed pre-construction development. Strata has awarded an Engineering, Procurement, and Construction (EPC) contract to Tesla for the battery system. Construction, using local union labor, is scheduled to commence in July 2020.
Ventura Energy Storage project was selected by Southern California Edison (SCE), for a 20-year Power Purchase Agreement (PPA) in April 2019 to supply local capacity. The California Public Utilities Commission (CPUC) unanimously approved the PPA in December 2019.
Country updates
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May 12, 2020
Financial close for 200 MW Innergex solar project in USA
Innergex Renewable Energy Inc. has closed the construction financing, tax equity commitment, as well as a 7-year term loan facility for the 200 MW Hillcrest solar photovoltaic project located in Brown...
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May 12, 2020
EDF completes sale of 50% stakes in 332 MW wind and solar portfolio to PGGM
EDF Renewables North America, a unit of EDF Group has completed the sale of a 50% stake in two renewable energy projects with a combined capacity of 332 MW in USA to Netherlands-based Pggm Co&oum...
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May 12, 2020
Peyton Creek closes tax equity financing of 151 MW Peyton Creek wind project in Matagorda County
RWE Renewables has completed the tax equity financing of its 151 megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas, USA. A subsidiary of Bank of America provided tax equity financing fo...
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May 08, 2020
RCEA signs PPA deal with EDPR for the 200 MW Sandrini solar PV project in Bakersfield
EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA...
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May 07, 2020
LS Power enters agreement to acquire Yards Creek Station in New Jersey
U.S. power and energy infrastructure owner LS Power Equity Advisors, LLC has signed definitive agreements to acquire the Yards Creek Power Station located in New Jersey, USA. LS Power’s a...
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