Pedal Steel Solar Acquires 1,600 MWh of Battery Projects Across US
Pedal Steel Solar Acquires 1,600 MWh of Battery Projects Across US

Pedal Steel Solar Acquires 1,600 MWh of Battery Projects Across US

  • 08-Mar-2024 2:35 PM
  • Journalist: Nina Jiang

Renowned solar and storage developer and operator, Pedal Steel Solar LLC, announced a significant expansion with the acquisition of two development-stage Battery Energy Storage System (BESS) projects in Michigan and Kentucky. These projects, boasting a combined dispatch capacity of up to 1,600 MWh, are part of Pedal Steel Solar's strategic move to bolster its presence in the rapidly evolving clean energy landscape. Acquired from Valor Infrastructure Partners LLC, the two standalone battery facilities, each with a capacity of 800 MWh, are slated for installation in Michigan's Ostego County and Kentucky's Caldwell County, operating within the Midcontinent Independent System Operator (MISO) market area. While the financial details of the transaction remain undisclosed, Pedal Steel Solar expresses enthusiasm for collaborating with Valor Infrastructure Partners (VIP) and furthering its commitment to meeting the clean energy demands of the Heartland.

The acquisition involves two development-stage Battery Energy Storage System (BESS) projects, each with an individual dispatch capacity of 800 MWh. The projects, located in Michigan's Ostego County and Kentucky's Caldwell County, are strategically positioned within the Midcontinent Independent System Operator (MISO) market area. MISO, covering parts of the central United States, plays a pivotal role in the integration and coordination of energy resources across its vast territory.

Valor Infrastructure Partners LLC, the current owner of the projects, is facilitating their transfer to Pedal Steel Solar. While the specific financial terms of the acquisition remain confidential, it represents a substantial move by Pedal Steel Solar to strengthen its foothold in the clean energy sector.

The commissioning details of the two standalone battery facilities are yet to be disclosed, and further information about their operational timeline is eagerly anticipated. The expansion into Michigan and Kentucky aligns with Pedal Steel Solar's overarching mission to contribute to the clean energy transition and meet the increasing demand for sustainable solutions in the Heartland region.

Pedal Steel Solar's strategic move to acquire BESS projects aligns with industry trends emphasizing the integration of storage solutions for a more resilient and sustainable energy grid. Battery storage not only addresses intermittency challenges associated with renewable sources but also enables grid operators to manage energy supply and demand more effectively.

As the clean energy sector continues to evolve, Pedal Steel Solar's strategic move to diversify its portfolio and expand into new geographical regions positions the company as a key player in the industry. The collaboration with Valor Infrastructure Partners and the acquisition of these battery projects underscore Pedal Steel Solar's dedication to contributing to the growth of sustainable energy solutions in the Heartland and beyond. With an established track record and a forward-thinking approach, Pedal Steel Solar is poised to play a significant role in shaping the future of clean energy in the United States.

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