Power Sustainable Energy Infrastructure Inc. (PSEI), a Canada-based division of Power Sustainable, has acquired a 50% stake in the Desert Quartzite Solar+Storage Project in Riverside County, California. According to PSEI, this marks its largest investment to date, made in partnership with its developer and operator, Potentia Renewables Inc and EDF Renewables North America, a US-based subsidiary of EDF. The project will generate 300 MW of solar energy, coupled with a 150 MW/4-hour battery storage system. The electricity will be supplied to Clean Power Alliance, serving 35 communities in Los Angeles and Ventura Counties under a 20-year PPA. As per PSEI, the final investment phase will close upon the project’s commercial operation by year-end. EDF Renewables North America will manage long-term operations and maintenance. This collaboration is EDF Renewables’ first with PSEI in California’s utility-scale market.
Related News
The 312 MW solar projects span multiple Japanese regions and boost Nozomi Energy’s portfolio to 750 MW. (Image Source: Actis)
Actis-backed Nozomi Energy acquires 312 MW PV portfolio in Japan
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)
Emeren transferred 2.8 MW solar asset to Altus Power
A 1.14 MW solar farm in Novo Selo, North Macedonia, featuring Huawei inverters with over 90% efficiency. (Image Credit/Source:SolarEnergy/Pixabay)
VCI Global acquired 1.14 MW solar farm in North Macedonia
Grenergy sold 23% of Oasis de Atacama, including 451 MW solar and 2.5 GWh storage, generating 1.3 TWh annually. (Image Credit/Source: SolarPanal355/Pixabay)