Copenhagen Infrastructure Partners (CIP) has purchased the 1 GW Beehive Battery Energy Storage System (BESS) from EDF power solutions.
CIP will manage the 250 MW/1,000 MWh storage project through the remainder of construction, with commercial operation expected to begin early next year.
Located in Peoria, Arizona, Beehive has a 20-year tolling agreement with Arizona Public Service (APS), Arizona’s largest energy company. The BESS will receive energy from the grid during periods of high renewable generation, store it in batteries, and discharge it back to the grid during peak demand hours.
The project is EDF’s second standalone energy storage project. Battery storage has gained increasing importance in the company’s portfolio, reinforcing its dedication to maximizing the potential of clean energy and accelerating the energy transition.
“With electricity demand rapidly increasing in the Southwest, we anticipate battery storage will play a critical role in powering innovation and economic growth,” said Tim Evans, Partner and Head of North America at CIP, in a statement. “Beehive will provide reliable energy and grid services to customers in Arizona and build on CIP’s track record of developing, constructing, and operating energy infrastructure investments across the country. We are pleased to have worked with the EDF power solutions team.”
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