Prevalon Energy Secures Contract with Idaho Power for New Integrated Battery Energy Storage System (BESS) [Yahoo! Finance]
IDACORP, Inc. (IDA)
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Source: Yahoo! Finance
Agreement emerged from a competitive bidding process initiated by Idaho Power to secure resources for providing reliable, cost-effective service to its customers HEATHROW, Fla., March 29, 2024 BUSINESS WIRE )--Prevalon Energy LLC, a Mitsubishi Power Americas company, announces it has contracted with Idaho Power for a complete Battery Energy Storage System (BESS) along with a robust long-term service agreement. The project will provide grid resiliency as a net peak solution, helping the utility continue providing reliable power during peak demand periods. The service agreement includes maintenance as well as remote monitoring. The four-hour battery storage project with up to 328 MWh from Prevalon will align with Idaho Power's plan to integrate more than 5,000 megawatts (MW) of energy from wind and solar projects over the next 20 years. The BESS will ensure energy produced by those intermittent sources can be stored for future dispatch. The company's "Prevalon Battery Energy Storag
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- IDACORP's (NYSE:IDA) Returns Have Hit A Wall [Yahoo! Finance]Yahoo! Finance
- Prevalon Energy Secures Contract with Idaho Power for New Integrated Battery Energy Storage System (BESS)Business Wire
IDA
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- 2/15/24 - Beat
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