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Plus Power Wins 20-year Contract for 150 MW / 600 MWh Corazon Energy Storage Project

Plus Power Wins 20-year Contract for 150 MW / 600 MWh Corazon Energy Storage Project

11/25/24, 5:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgthe woodlands
Industry
energy storage
power grid
energy management
energy efficiency
solar
renewable energy
energy
Type
contract
Plus Power's Corazon Energy Storage project has been awarded a 20-year contract by Public Service Company of New Mexico (PNM) to support grid reliability and economic development in New Mexico. The project, located in Albuquerque, will enhance grid reliability by storing excess energy and injecting it back into the grid during peak hours, weather events, and unexpected demand.

Company Info

Company
Plus Power
Location
the woodlands, texas, united states
Additional Info
The Plus Power team, led by seasoned executives from the renewables and energy storage industry, is accelerating the deployment of transmission-connected battery energy storage throughout the United States. Plus Power develops, owns, and operates standalone battery energy storage systems that foster grid flexibility by providing capacity, energy and ancillary services that enable rapid integration of renewable generation resources. Standalone energy storage, guided by Plus Power's data-driven algorithms, is optimally sited to address grid congestion and wholesale market volatility. Headquartered in Houston, with offices in San Francisco, Chicago, and Miami, Plus Power operates at the nexus of energy, technology and finance. For more information, visit www.pluspower.com. SOURCE Plus Power