Avantus has announced the successful sale of the Catclaw Solar and Energy Storage Project to D.E. Shaw Renewable Investments (DESRI). Located in Buckeye, Maricopa County, Arizona, this innovative project is designed to deliver up to 225 MWac of solar energy and 250 MW/1,000 MWh of energy storage capacity.
Key Features of the Catclaw Project
The transaction includes a long-term Power Purchase Agreement (PPA) with Arizona Public Service (APS), ensuring a stable demand for the electricity generated. Avantus played a crucial role in the greenfield development of the project, which involved:
- Interconnection and site acquisition
- Permitting processes
- Commercial negotiations with APS
- Procurement of essential equipment, including advanced battery systems
Commitment to Sustainable Energy
Jason Moretz, Executive Vice President of Development at Avantus, emphasized the company’s dedication to advancing a sustainable economy. He stated, “At Avantus, we are committed to pushing forward the transition to a sustainable economy by developing safe, reliable clean energy projects. Catclaw is a perfect example of this commitment and will provide economic and environmental benefits to Arizona and the local community, while helping Arizona manage increasing demand for power during heatwaves.”
This announcement marks a significant milestone, as Catclaw is the first Arizona project in Avantus’s portfolio to reach this stage. It also strengthens the ongoing partnership between Avantus and DESRI.
Strengthening Partnerships in Clean Energy
Catclaw represents the fourth project that Avantus has sold to DESRI, which plans to bring it online by 2026. Robert Schoenherr, Chief Strategy Officer at DESRI, remarked, “DESRI is pleased to continue our partnership with Avantus, a top U.S. developer of utility-scale solar and solar-plus-storage projects. Projects like Catclaw underscore our commitment to supporting new clean energy investment across the nation.”
Conclusion
The Catclaw Solar and Energy Storage Project is a pivotal step towards enhancing Arizona’s renewable energy landscape, demonstrating the collaborative efforts of leading developers and utility companies in addressing the state’s energy demands.
Suggested Sources for Further Reading
- U.S. Energy Information Administration (EIA)
- National Renewable Energy Laboratory (NREL)
- Arizona Public Service (APS)
