ByAndy Colthorpe - Energy Storage News
September 17, 2024
System integrator and project developer On.Energy has acquired nine in-development battery energy storage projects, which will play into California’s CAISO market.
The company announced via LinkedIn yesterday (16 September) that it has completed the acquisition of 480MWh of what it described as ‘utility-scale distributed generation projects.’
A number of the projects already have offtake contracts secured, and commercial operations could begin in Q4 2026 at the earliest. The company said the sites are strategically positioned across southern and coastal regions of California.
Energy-Storage.news spoke with On.Energy CEO Alan Cooper a few days ago at the RE+ clean energy conference and exhibition in Anaheim, California, where the CEO discussed the company’s strategy of seeking out utility-scale projects which are built at the distribution level.