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Axium, Canadian Solar Subsidiaries Begin Operations at Crimson Storage Project

October 19, 2022
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Axium, Canadian Solar Subsidiaries Begin Operations at Crimson Storage Project
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Axium Infrastructure and Canadian Solar Inc.‘s Recurrent Energy and CSI Vitality Storage subsidiaries have begun operations at Crimson Storage, a 350 MW / 1,400 MWh standalone vitality storage mission in California.

Sited on public lands in Riverside County, Calif., the mission holds two long-term vitality storage contracts with California’s largest utilities, Southern California Edison (SCE) and Pacific Fuel and Electrical Firm (PG&E). Each contracts are a part of reliability procurements directed by the California Public Utilities Fee (CPUC).

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SCE has a PPA for 200 MW / 800 MWh with a 14-year and 10-month contract underneath a full tolling settlement. PG&E has a 150 MW / 600 MWh 15-year contract for useful resource adequacy solely.

Recurrent Vitality and Axium will function the battery system within the California wholesale energy market.

“Crimson Storage is now the biggest single section vitality storage mission to achieve industrial operation on this planet and the second largest working standalone vitality storage initiatives on this planet,” says Dr. Shawn Qu, chairman and CEO of Canadian Photo voltaic. “Recurrent Vitality started creating Crimson Storage and our bigger vitality storage pipeline in 2015 when no large-scale storage initiatives but existed.”

“Final 12 months, we began bringing these initiatives to fruition, additionally due to our CSI Vitality Storage workforce,” Qu continues. “We have a good time how far now we have are available in delivering the much-needed versatile technology that can help the U.S. and California’s transformative local weather targets. We thank the California Public Utilities Fee, the U.S. Division of the Inside and our companions at Axium Infrastructure for his or her crucial contributions to this mission.”

See also  Barrio Eléctrico partners with Electriq Power to install more solar + storage in Puerto Rico

A fund managed by Axium Infrastructure US Inc. owns 80% of the mission and Recurrent Vitality, the mission developer, retains 20% possession.

CSI Vitality Storage was the turnkey system integrator of the mission, delivering the engineering, procurement and building (EPC) companies and can present long-term operational companies for the mission.

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Tags: AxiumCanadianCrimsonOperationsprojectsolarstorageSubsidiaries
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