Recurrent Energy signs tolling agreements with APS for two projects

By Editor

Share

Recurrent Energy has signed two 20-year tolling agreements with APS for the Desert Bloom Storage (600 MWh) and Papago Solar (150 MWac) projects. Both are slated to begin construction in 2025, with operations starting in 2026.

Recurrent previously announced a 20-year agreement with APS for its 1,200 MWh Papago Storage project, under construction and set for 2025 operation. This will be Arizona’s largest standalone energy storage facility.

Together, the projects total 1,800 MWh of storage, enough to power 72,000 homes for four hours, and 150 MW of solar, sufficient for around 24,000 homes annually.

APS Vice President Brian Cole highlighted Arizona’s rapid population growth and the need to meet energy demands with reliable, low-cost, clean electricity.

Arizona has 1,000 MW of energy storage and 12 percent renewable energy in its electricity mix.

By 2030, Arizona anticipates adding significant capacity: 7,600 MW of solar, 1,700 MW of wind, and 5,900 MW of storage, expecting $14 billion in investments.

Senator Mark Kelly emphasized the importance of such projects for Arizona’s clean, affordable energy supply.

Representative Ruben Gallego noted the positive impact of the Inflation Reduction Act in facilitating investments that meet Arizona’s energy needs and create jobs.

Commissioner Lea Márquez Peterson of the Arizona Corporation Commission praised Arizona’s forward-thinking approach to sustainable development.

Jason Grumet of the American Clean Power Association commended Recurrent and APS for enhancing energy security and advancing clean, reliable American-made power.

These projects position Arizona as a leader in clean energy innovation, addressing both energy demands and sustainability goals through large-scale renewable investments.

Latest News

Related