Renewables developer Strata Clean Energy broke ground on a grid-scale battery storage project capable of powering thousands of Arizona homes.
Shovels went into the dirt Jan. 18 for the Scatter Wash battery storage complex in Phoenix. The project is expected to come online in April 2025. With a nameplate capacity of 255 megawatts, the battery project should store enough electricity to power over 250,000 homes for four hours daily over 20 years, Strata said.
“This groundbreaking demonstrates a considerable advancement in large-scale sustainable energy solutions in a major, growing metropolitan area,” said Strata President Josh Rogol.
“In showcasing our dedication to utility clients like APS and Arizona homes and businesses, we continue shaping the future of energy storage by ensuring grid reliability and driving progress towards broader de-carbonization and economic development goals,” he added.
Strata entered into a 20-year tolling agreement with APS for the Scatter Wash project last year. Under terms of the agreement, Strata will build, own and operate the project.
The development of Scatter Wash is being supported by the Investment Tax Credit (ITC) for standalone power storage created under the Inflation Reduction Act—passed by the Biden administration in 2022.
Strata, headquartered in Durham, North Carolina, has a portfolio of more than 270 completed solar and energy storage projects.
RELATED
Recommended Reading
Kimmeridge-SilverBow Public Feud Gets Ugly as Firm Suggests New Directors
2024-04-01 - Kimmeridge Energy Management said in a letter that should SilverBow continue to “stonewall” consideration of a merger offer, shareholders should elect three new independent board members.
SilverBow Gears Up for Proxy Fight with Kimmeridge
2024-04-09 - Both SilverBow Resources and Kimmeridge Energy Management have proposed a slate of candidates for the board of directors with a vote set for May 21.
Could Crescent, SilverBow Buy More in South Texas After $2.1B Deal?
2024-05-17 - The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
Crescent Energy to Buy Eagle Ford’s SilverBow for $2.1 Billion
2024-05-16 - Crescent Energy’s acquisition of SilverBow Resources will create the second largest Eagle Ford Shale E&P with production of about 250,000 boe/d, the companies said.
Making Bank: Top 10 Oil and Gas Dealmakers in North America
2024-02-29 - MergerLinks ranks the key dealmakers behind the U.S. biggest M&A transactions of 2023.