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  1. Market Data
August 30, 2021

Strata-Saticoy Battery Energy Storage System, US

By Carmen

The Strata-Saticoy Battery Energy Storage System is a 100,000kW energy storage project located in Saticoy, California, US. The rated storage capacity of the project is 400,000kWh.

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Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
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by GlobalData
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The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2018 and will be commissioned in 2021.

Description

The Strata-Saticoy Battery Energy Storage System is being developed by Strata Solar. The project is owned by Strata Solar (100%).

The key applications of the project are load following and grid support services.

Contractors involved

Strata Solar is the owner. Strata Solar is the developer. Tesla is the technology provider for the project.

Tesla is the EPC contractor for the project.

Additional information

The project is a part of SCE’s Aliso Canyon Energy Storage 2 Request For Offers and Local Capacity Requirements Request For Proposals. Southern California Edison has signed seven contracts for 195 MW of battery-based energy storage resources to meet local capacity requirements in the Santa Clara sub-area of its electrical system.

About Strata Solar

Strata Solar LLC (Strata Solar) is a renewable energy company that provider of utility-scale, commercial and industrial solar photovoltaic systems. The company provides services such as project development, engineering, procurement, construction, operations and maintenance, corporate and utility-scale development, commercial and industrial and financing solutions, among others. Strata Solar provides its solutions to various commercial businesses from utility scale solar farms to small commercial retailers. It offers turnkey commercial rooftop solar installations for retailers, distributors, manufacturers, churches and institutional facilities among others in the US. The company has its projects in Orlando, Warsaw, Atlanta, Butler and other areas across the US. Strata Solar is headquartered in Durham, North Carolina, the US.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

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Free Report
img

Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
Enter your details here to receive your free Report.

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