Date: October 26
Axium Infrastructure and Canadian Solar Inc. subsidiaries Recurrent Energy and CSI Energy Storage have started operations of Crimson Storage, a 350 MW/1,400 MWh independent energy storage project, in California.
Located on public land in Riverside County, California, the project has two long-term energy storage contracts with California’s largest utilities, Southern California Edison (SCE) and Pacific Gas and Electric Company (PG&E). Both contracts are part of reliability buyouts led by the California Public Utilities Commission (CPUC).
SCE has a 200 MW / 800 MWh PPA with a 14-year, 10-month contract under a full toll agreement. PG&E has a 15-year 150 MW / 600 MWh contract for resource adequacy only.
Recurrent Energy and Axium will operate the battery system in the California wholesale electricity market.
“Crimson Storage is now the largest single-phase energy storage project to reach commercial operation in the world and the second largest independent energy storage project in operation in the world,” says Shawn Qu, president and CEO of Crimson Storage. CanadianSolar. “Recurrent Energy began developing Crimson Storage and our largest energy storage project in 2015, when large-scale storage projects did not yet exist.”
“Last year, we started to bring these projects to life also thanks to our CSI Energy Storage team,” continues Qu. “We celebrate how far we have come in delivering much-needed flexible generation that will support America’s and California’s transformational climate goals. We thank the California Public Utilities Commission, the United States Department of the Interior, and our partners at Axium Infrastructure for their critical contributions to this project.”
A fund managed by Axium Infrastructure US Inc. owns 80% of the project and Recurrent Energy, the project developer, retains 20% ownership.
CSI Energy Storage was the turnkey system integrator for the project, providing engineering, procurement and construction (EPC) services and will provide long-term operational services for the project.
Source: Peru Energy