Nation Acres Clear Energy, an affiliate of Enlight Renewable Vitality’s Clenera Holdings subsidiary, has entered into agreements linked to a brand new venture below improvement in Placer County, Calif.
The venture is anticipated to have an put in capability of 392 MW DC / 344 MW AC of photo voltaic vitality and 688 MWh of vitality storage. The agreements embrace a busbar PPA with the Sacramento Municipal Utility District, below which Nation Acres will promote the photo voltaic vitality produced by the power for a 30-year time period and vitality storage for a 20-year time period.
Along with the executed PPA, Nation Acres has additionally entered into an interconnection settlement with the utility district. Upon allow completion, building is anticipated to start subsequent 12 months, with industrial operations commencing in 2026.
The venture is anticipated to supply zero carbon electrical energy to roughly 80,000 houses yearly and is launching an agrivoltaic pilot program on-site, to be collectively developed for each photo voltaic and agriculture and meant to profit surrounding properties.
“We’re excited to work with a wonderful accomplice in SMUD, a pacesetter in offering inexpensive, clear vitality to California residents that’s extremely regarded for its environmental stewardship,” says Jason Ellsworth, Clenera’s CEO. “This venture, which now enters our mature portfolio considerably derisked, highlights the robust demand for photo voltaic and storage throughout our offtaker base.”
“This venture, which represents our first venture in California since buying Clenera, additional strengthens our market management within the Western U.S and provides to our Mature Portfolio, whereas demonstrating visibility via 2026 by way of the conversion of our high-quality pipeline,” provides Gilad Yavetz, CEO of Enlight.
