Renewable energy firm Ameresco is set to embark on the construction of a cutting-edge Battery Energy Storage System (BESS) named Kifer Energy Storage, with a capacity of up to 50MW, in collaboration with Silicon Valley Power (SVP). The initiative aims to augment local area capacity, bolstering electrical system reliability and flexibility within SVP's service territory.
Scheduled to commence construction in mid-2024, the Kifer Energy Storage project signifies the onset of a 25-year lease and energy storage agreement between Ameresco and the City of Santa Clara. As the owner and operator of the BESS, Ameresco will develop a robust system, while SVP will facilitate the supply of charging energy.
With a maximum energy capacity of 200MWh, the Kifer Energy Storage asset is designed to efficiently capture surplus renewable electricity, serving as a clean and reliable resource to seamlessly integrate renewables into the energy mix, according to Ameresco. This strategic venture contributes to advancing the utilization of renewable energy sources in the future energy landscape.
Britta MacIntosh, Executive Vice President and General Manager for the West Region at Ameresco, expressed enthusiasm about the partnership with Silicon Valley Power, highlighting the project as a game-changer for system reliability enhancement and the integration of future renewable energy sources. MacIntosh emphasized Ameresco's pride in contributing to Silicon Valley Power's significant strides towards a cleaner and more sustainable future.
Moreover, the batteries deployed at the Kifer Energy Storage facility will actively participate in the California ISO markets. Their role includes balancing generation and consumption, alleviating congestion, and regulating voltage and frequency to enhance overall grid stability.
Ameresco and SVP are targeting full operational readiness of the battery by the fourth quarter of 2025, marking a crucial milestone in the collaboration between private industry and municipal authorities to foster energy resilience and sustainability in the heart of Silicon Valley.
