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Partnership on California's Desert Quartzite Solar+Storage Project Garners Reinvestment

2024-09-10

Power Sustainable Energy Infrastructure Inc. (PSEI), the renewable energy investment division of Power Sustainable, alongside EDF Renewables North America, has announced the preliminary closure of a significant investment in California’s clean energy sector. This partnership has resulted in PSEI acquiring a 50% equity share in the Desert Quartzite Solar+Storage Project, a major initiative contributing to the state’s renewable energy goals. Potentia Renewables Inc. plays an integral role as both developer and operator in this collaboration, ensuring seamless integration and management of the project.

Desert Quartzite Project: A Step Forward in Renewable Energy

Located in Riverside County, California, the Desert Quartzite Solar+Storage Project is poised to become a major player in the region's energy landscape. With a projected capacity of 300 megawatts (MW) of solar power and an additional 150 MW from a 4-hour battery energy storage system (BESS), the project will significantly contribute to the state’s clean energy grid.

The clean electricity generated by the Desert Quartzite Project will be supplied to the Clean Power Alliance under a long-term, 20-year Power Purchase Agreement (PPA). This deal will serve 35 communities across Los Angeles and Ventura Counties, providing them with sustainable energy and reducing reliance on fossil fuels. The project is expected to be fully operational by the end of this year, with EDF Renewables overseeing its operations and maintenance for many years to come.

Strategic Partnership to Propel Clean Energy in California

Pierre-Olivier Perras, Managing Partner at Power Sustainable Energy Infrastructure, expressed enthusiasm for the collaboration, stating, “We are proud to enhance our contribution to the California utility-scale market. The strong partnership with EDF Renewables has ensured a cohesive and streamlined investment process. EDF Renewables' consistent track record in delivering high-quality renewable projects solidifies their position as a leader in the industry.”

This investment represents PSEI's most substantial move in the California clean energy market, further cementing its role in advancing large-scale renewable energy infrastructure. The Desert Quartzite Project is a clear indication of the company's commitment to promoting sustainability and transitioning towards a low-carbon economy.

Shared Vision for a Greener Future

Hamed Baatout, Vice President of Divestiture and Portfolio Strategy at EDF Renewables, highlighted the synergy between the two firms: “Our shared vision for a sustainable future and commitment to decarbonization were key drivers of this partnership. This is just the beginning of many collaborations aimed at transforming the energy landscape in North America.”

Innovation in Energy Infrastructure

Jeremy Jagt, President of Potentia Renewables, emphasized the importance of this partnership in advancing clean energy: "Our collaboration with Power Sustainable and EDF Renewables on the Desert Quartzite Solar+Storage Project underscores our dedication to expanding North America’s clean energy infrastructure. Together, we aim to provide impactful, sustainable energy solutions while promoting environmental stewardship. This project is a prime example of innovation in renewable energy that will serve communities for years to come."

A Promising Outlook for Solar+Storage Projects

The Desert Quartzite Solar+Storage Project is not just a milestone for Power Sustainable and EDF Renewables, but also for California’s broader energy goals. The combination of solar power with energy storage is becoming increasingly vital as the state seeks to improve grid reliability and integrate more renewable energy into its electricity mix. By investing in projects like Desert Quartzite, California is reinforcing its leadership in climate action and renewable energy deployment.

This project also reflects the growing importance of solar+storage solutions in addressing the intermittency of solar power, allowing for consistent energy supply even when the sun isn’t shining. The 4-hour battery energy storage system will provide essential backup power, enhancing grid stability and ensuring that renewable energy can meet peak demand periods.

Conclusion

The collaboration between Power Sustainable, EDF Renewables, and Potentia Renewables on the Desert Quartzite Solar+Storage Project marks a significant achievement in the advancement of renewable energy infrastructure in California. As the project nears completion, it promises to deliver clean, reliable energy to tens of thousands of homes and businesses, while contributing to the state’s ambitious climate goals. This partnership exemplifies the power of collaboration in driving forward the energy transition, showcasing how public and private sectors can work together to create a more sustainable future.


As renewable energy projects like Desert Quartzite continue to expand, the demand for efficient and sustainable energy storage solutions will grow. At ACE Battery, we are committed to supporting the renewable energy sector with cutting-edge battery technologies designed for solar+storage applications. Our advanced energy storage systems help maximize energy efficiency, ensuring that clean energy is available when it’s needed most.

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