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Recurrent Energy closes $513M financing for 1,200 MWh Arizona storage project
Construction of the 1,200 MWh Papago Storage is slated to commence in the third quarter of 2024, with commercial operations expected to begin in the second quarter of 2025.
Solar + storage project deployed for Arizona electric co-op
The project for Sulphur Springs Valley Electric Co-op (SSVEC), an AEPCO member co-op, includes a 40-MWh energy storage system and an existing 20-MW photovoltaic (PV) system that will integrate Athena, Stem’s AI-driven clean energy software, to continuously operate and monitor the storage system.
Leeward inks 15-year deal with PG&E for 112.5-MW BESS in Arizona
Sierra Pinta, a standalone BESS facility expected to be online in 2025, will dispatch clean power during peak load times to meet demand.
Ørsted closes $680M in tax equity financing for solar+storage portfolio in Texas and Arizona
This deal represents one of the largest solar and storage tax equity transactions using a combined production tax credit (PTC) and investment tax credit (ITC) structure since the passage of the Inflation Reduction Act (IRA) in August 2022.
Salt River Project connects 25 MW energy storage facility to Arizona grid
Arizona-based municipal utility Salt River Project connected its largest battery storage facility to the grid this month.
Latest News
Recurrent Energy closes $513M financing for 1,200 MWh Arizona storage project
Solar + storage project deployed for Arizona electric co-op
Leeward inks 15-year deal with PG&E for 112.5-MW BESS in Arizona
Ørsted closes $680M in tax equity financing for solar+storage portfolio in Texas and Arizona
