Intersect Energy unveiled the business operation of its Oberon Photo voltaic + Storage venture, producing 679 MW DC of dependable photo voltaic power and that includes 1 GWh of co-located storage.
Situated in Riverside County, Calif., the Oberon venture produces sufficient power to energy over 207,000 properties a yr and aligns with the priorities of the Inflation Discount Act by utilizing American-made gear and paying prevailing wages. The venture was constructed with First Photo voltaic modules from Ohio, NX Horizon good photo voltaic trackers from Nextracker and American-made structural metal. The co-located 1 GWh of storage was constructed with batteries from Tesla’s battery facility in Lathrop, Calif.
“The Oberon venture is way more than a brand new supply of unpolluted energy for California. It is usually a case research in how the clear power business can maximize venture advantages by prioritizing home provide chains and union labor to make sure the rewards of the clear power transition are felt by all People,” says Intersect Energy CEO Sheldon Kimber.
“This venture demonstrates that Intersect continues to pioneer procurement requirements for our business that stay as much as the imaginative and prescient of the IRA and ship transformative clear power initiatives that transfer the needle on the deep decarbonization of our economic system.”
The Oberon venture is the primary to attain operation via the streamlined method below the Bureau of Land Administration Desert Renewable Power Conservation Plan. The plan was the results of six years of collaboration between the federal authorities, conservation teams, Native American tribes, the renewable power business, utilities and members of the general public. It designated over 10 million acres of conservation and recreation lands within the southern Calif. desert whereas centering renewable power improvement in designated Growth Focus Areas.
Intersect secured funding for the venture’s development as a part of the broader portfolio financing introduced final September, when the corporate closed on portfolio degree time period debt, tax fairness, and development financing commitments.
