Strata Clean Energy Enters into 20-year, 600 MWh, Battery Storage Tolling Agreement with Arizona Public Service
15 Julio 2024 - 8:00AM
Business Wire
Project will store enough power to provide
electricity to 24,000 Arizona homes over four hours
Strata Clean Energy has secured a 20-year tolling agreement with
Arizona Public Service (APS) for its 150 MW/600 MWh Justice Energy
Storage project located near Skyline Regional Park in Phoenix,
Arizona. Once completed, the Justice Energy Storage project will
have the capacity to store enough energy to power approximately
24,000 homes over a four-hour period. The project is set to be
completed in April 2026 and will be connected to the APS power
grid.
Last year, Strata entered into a similar 20-year tolling
agreement for its 255 MW/1 GWh Scatter Wash battery storage
complex, which commenced construction earlier this year. These
partnerships between APS and Strata underscore the ongoing
commitment of both organizations to provide reliable power in a
fast-growing service territory with increased energy demand, while
integrating more clean electricity into the region.
“We believe APS will continue to be a leader in battery energy
storage and that our large pipeline of clean energy projects,
world-class execution capabilities, and our experienced
Scottsdale-based team uniquely position Strata to help the region
achieve its clean-energy goals with projects like Justice,” said
Josh Rogol, President of Strata Clean Energy.
“Our growing team in Arizona paired with our national
development platform and our in-house EPC and O&M capabilities,
allow us to develop projects with high execution certainty for
clients like APS. We are grateful for APS’ trust in Strata and the
well-run process led by their resource team,” said Tiago Sabino
Dias, Chief Development Officer at Strata Clean Energy.
“APS is thoughtfully planning to meet Arizona’s increasing
energy needs with a diverse mix of resources that will continue to
serve customers with reliable, affordable, and clean power
around-the-clock, especially during our summer months,” said Brian
Cole, APS Vice President of Resource Management. “Projects like
Justice Energy Storage will benefit customers during some of the
hottest parts of the day when they need electricity most.”
Under the new tolling agreement, APS will be able to charge and
discharge the system for energy as needed. In return, Strata will
ensure the system’s capacity, reliability, and efficiency through
the term of the agreement.
In June 2023, Arizona Public Service (APS), the state's largest
and longest-serving electric company, conducted an All-Source
Request for Proposal (RFP) to procure approximately 1 GW of
resources, including 700 MW of renewable energy, to address the
needs outlined in its Integrated Resource Plan. Justice Energy
Storage was among the projects awarded contracts resulting from the
RFP.
Strata Clean Energy and its affiliates are a vertically
integrated company specializing in solar and storage development,
engineering, procurement, and construction (EPC), as well as
operations and maintenance (O&M). With over 170 projects in
operation, more than 8 GW of solar and 31 GWh of storage in
development, and 4.2 GW under management nationwide, Strata leads
the clean energy sector. The Company has a strong presence in the
Western U.S., with offices in Denver and Scottsdale.
About Strata Clean Energy
Strata Clean Energy, LLC, and its affiliates (collectively
“Strata”) are a vertically integrated solar and storage
development, engineering, procurement, and construction (EPC) and
operations & maintenance (O&M) company. Strata has deep
utility experience with more than 170 projects in operation, over 8
gigawatts of PV solar and 31GWh of storage in development, and
4.2GW under management across the United States. Strata is focused
on delivering best-in-class cost of ownership by imposing
industry-leading quality assurance standards on our global
manufacturers and suppliers, reducing risk, increasing efficiency,
and maximizing cost-competitiveness for our customers. Learn more
about our company by visiting our website at
http://www.stratacleanenergy.com.
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Patrick Ingraham Mercom Capital Group 512-215-4452
strata@mercomcapital.com