Strata Solar picks Tesla for EPC at 100-MW battery project in California
The Megapack battery system. Source: Tesla Inc
US company Strata Solar has hired Tesla (NASDAQ:TSLA) to build its 100-MW/400-MWh Ventura Energy Storage (VES) facility in California’s Ventura County.
Strata Solar said on Tuesday that pre-construction development has been finalised and all necessary commercial agreements for the project are in place. Under its engineering, procurement and construction (EPC) contract, Tesla will start building the system in July. It will deploy its integrated storage system Megapack, which is its newest battery storage product.
The VES project was selected in a competitive round held by Southern California Edison (SCE) last April and will operate under a 20-year power purchase agreement (PPA) to supply local capacity to the utility. The contract was cleared by the state's Public Utilities Commission (CPUC) at end-2019.
Strata Solar said that equity financing for the scheme is due to be completed in the second quarter. Once operational, the energy storage system, to be located on a brownfield site in a private industrial park, will provide on-demand power to around 80,000 homes and businesses.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.