Publicly owned California utility Sacramento Municipal Utility District (SMUD) and developer D. E. Shaw Renewable Investments (DESRI) have executed a long-term power purchase agreement (PPA) for a 640MWh battery energy storage system (BESS) in California.
D. E. Shaw Renewable Investments is seeking a loan from the North American Development Bank (NADBank) towards the construction of a 150MW hybrid solar and BESS project in Doña Ana County, New Mexico.
