California community choice aggregator enter nearly $1B long-duration energy storage PPA

• We and Central Coast Community Energy have inked a groundbreaking $1 billion, 25-year energy storage deal.
• Our Willow Rock Energy Storage Center in Kern County will deploy their advanced compressed air energy storage system (A-CAES), offering eight hours of storage to over 440,000 customers by 2030.
• This agreement, among the largest in long-duration energy storage, signifies the commercial readiness of A-CAES technology.
• With California aiming for 100% carbon-free electricity by 2045, projects like Willow Rock are crucial for integrating intermittent renewable energy sources.
• Willow Rock will provide 500 MW of clean power for up to eight hours, charging with surplus renewable energy and discharging during peak demand.
• Operating on a fraction of the land required for traditional pumped hydro facilities, it represents a significant leap in energy storage efficiency.

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