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Home Renewable Solar

Scale Microgrids purchases 500 MW Solar and storage Projects in the US

editor by editor
January 23, 2024
in Solar
Reading Time: 1 min read
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Scale Microgrids has inked a definitive agreement with Gutami to acquire 500 MW of distributed solar and storage projects across multiple states including California and New York. Scale and Gutami have executed an expansion agreement following their existing 100 MW partnership in New York.

Gutami will develop 500 MW of energy transition infrastructure assets. Meanwhile, Scale will acquire, finance and own the portfolio. Furthermore, the project has the capacity to power over 80,000 homes and small businesses and reduce annual carbon emissions by around 800,000 tonnes.

Scale Microgrids is a vertically integrated distributed energy platform, with a core focus of designing, building, financing, owning and operating cutting-edge distributed energy assets that offer cheaper, cleaner, and more resilient power.

Tags: Carbon Emissionsenergy assetsScale MicrogridssolarStorage
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