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Home Renewable Solar

US DOE Approves $72.8 Million Loan for Solar-Storage Microgrid Project

Urja Daily by Urja Daily
September 17, 2024
in Solar, Storage
Reading Time: 1 min read
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Solar-Storage Microgrid
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The US Department of Energy (DOE) has finalised a $72.8 million loan guarantee to develop a solar-plus-storage microgrid on the Viejas Tribe’s reservation near Alpine, California. The project, backed by the California Energy Commission, US Bancorp Impact Finance, and Starbucks, will feature a 15 MW solar system and a 70 MWh long-duration battery.

Once the solar and battery systems are installed, the Viejas Band of Kumeyaay Indians will secure electricity through a long-term power purchase agreement (PPA) with the project company. Furthermore, the project will lower energy costs, allowing savings to be redirected towards other initiatives that will benefit tribal members by enhancing essential services.

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Tags: battery systemElectricitysolarStorageUS DOE
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