Southern Kalifornia Edison to bring on line 50 MW Tesla Powerpack 2 systems

Submitted by Freedomman on Wed, 04/05/2017 - 19:24

LOS ANGELES, Kalifornia (PNN) - April 4, 2017 - Kalifornia will shortly bring more Tesla energy storage systems online in Southern Kalifornia Edison’s (SCE) service area.

The 50 MW projects (utilizing Tesla’s Powerpack 2) are conducted by Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group (a global finance corporation).

Beside the large scale of storage systems, Macquarie boasts an industry-first battery storage project financing.

According to the press release, SCE will actually purchase capacity from the Macquarie-owned fleet of behind-the-meter, battery-based energy storage systems, under a 10-year capacity contract to provide load reduction services, as part of SCE’s plan to modernize the grid by 2022.