By Jeff St. John
Multifamily housing is a hard nut to crack for solar and battery developers. Sonnen and Wasatch Group say that bundling the value of solar and storage for tenants, property owners, outside investors, utilities and grid operators can make it work. Now, one year after launching their first project in Utah, they’re bringing the model to California.
On Thursday, the Shell-owned German home battery provider and the Utah-based real estate company announced plans to direct $130 million of investment to bring 60 megawatt-hours of energy storage to multifamily solar-battery projects across the Golden State over the next few years.
Their first $19.7 million project at the Heron Pointe apartment community in Fresno, Calif. will feature about 4,800 solar panels and 417 units equipped with sonnen ecoLinx battery systems, said Ryan Peterson, president of Wasatch Energy Group. It’s capable of generating up to 1.85 megawatts and storing up to 8.3 megawatt-hours of energy, according to Peterson.
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