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- Strata Clean Energy Secures 20-Year Agreement with APS for 150 MW Justice Energy Storage Project
Strata Clean Energy Secures 20-Year Agreement with APS for 150 MW Justice Energy Storage Project
Slice of Energy Team
July 17, 2024
Key Highlights:
Strata Clean Energy and APS sign a 20-year tolling agreement for the Justice Energy Storage project.
150 MW/600 MWh capacity to power approximately 24,000 homes for four hours.
Completion scheduled for April 2026, connecting to the APS power grid.
APS to charge and discharge energy as needed, ensuring system reliability and efficiency.
Justice Energy Storage awarded contract from APS' 2023 All-Source RFP.
Source (Business Wire)
Notable Quotes:
"We believe APS will continue to be a leader in battery energy storage and that our large pipeline of clean energy projects, world-class execution capabilities, and our experienced Scottsdale-based team uniquely position Strata to help the region achieve its clean-energy goals with projects like Justice."
"Our growing team in Arizona paired with our national development platform and our in-house EPC and O&M capabilities, allow us to develop projects with high execution certainty for clients like APS. We are grateful for APS’ trust in Strata and the well-run process led by their resource team."
"APS is thoughtfully planning to meet Arizona’s increasing energy needs with a diverse mix of resources that will continue to serve customers with reliable, affordable, and clean power around-the-clock, especially during our summer months."
Our Take:
Strata Clean Energy's latest partnership with APS underscores a significant milestone in the expansion of battery energy storage solutions in Arizona. The Justice Energy Storage project, with its substantial 150 MW capacity, highlights the growing importance of energy storage in stabilizing power grids and ensuring reliable energy supply, particularly during peak demand periods. Strata's established expertise and strategic partnerships position it as a pivotal player in advancing the region's clean energy initiatives. This collaboration not only supports Arizona's renewable energy goals but also sets a precedent for future large-scale storage projects nationwide.