Leeward Renewable Energy Inks 15-Year Deal with PG&E for Sierra Pinta Energy Storage Project
(P&GJ) — Leeward Renewable Energy (LRE), a prominent player in renewable energy, has finalized a 15-year agreement with Pacific Gas & Electric Company (PG&E) for LRE’s Sierra Pinta Energy Storage project in Yuma County, Arizona.
The project, with a capacity of 112.5 megawatts (MW), is a battery energy storage (BESS) facility adjacent to LRE’s White Wing Ranch Solar project, currently under construction.
Sierra Pinta Energy Storage is geared towards bolstering renewable energy deployment and adheres to stringent safety standards. With a storage capacity of 450 megawatt-hours (MWh), it can dispatch clean power during peak load times, effectively meeting demand. This capacity translates to powering over 90,100 U.S. homes for four hours, contributing to the energy and grid resiliency goals of Arizona and California.
Eran Mahrer, LRE’s Chief Commercial Officer, expressed pride in partnering with PG&E on this transformative venture, emphasizing its role in facilitating a cleaner and more reliable grid while delivering substantial tax benefits to the community. Sierra Pinta Energy Storage expands LRE’s project portfolio, reinforcing its commitment to the region.
The project is expected to create approximately 98 union jobs during peak construction and bring significant property tax and economic benefits to Yuma County. Construction is slated to commence in September 2024, with operations anticipated to begin in the first half of 2025.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
Comments