In the US, Ørsted has entered into a joint venture with Mission Clean Energy, in its first-ever standalone battery storage partnership.
Ørsted formed a strategic partnership with San Francisco-based Mission Clean Energy, a utility-scale renewable energy and storage developer, to advance 1 gigawatt (GW) of standalone battery energy storage systems across the Midwest.
Ørsted will use its capital to secure and maintain interconnection queue positions for the four storage projects owned by Mission, and Mission will continue to lead project development.
Max Bakker, CEO of Mission Clean Energy, explained, “Ørsted is an ideal partner to complement our development capabilities with their balance sheet strength and sponsorship support.”
Mission and Ørsted have already submitted interconnection applications for the projects to MISO, the electric grid operator for the central US. Ørsted will have the option to acquire an ownership stake in the projects as they mature.
This is Ørsted’s first standalone battery storage partnership both in the US and globally, but it already has a large existing portfolio of solar and storage projects, including the 40 MW storage project at Permian Solar Center in West Texas, and the 300 MW/1200 MWh battery storage at Eleven Mile Solar Center in Arizona (pictured). The storage project at Eleven Mile Solar Center is one of the largest built in a single phase in the US.
Ørsted has a portfolio of nearly 6 GW of renewable energy projects in operation or under construction in the US.
Read more: Ørsted got a huge Tesla battery storage system for the world’s single largest offshore wind farm
To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*
Read the full article here