Greenbacker Renewable Energy Co. (GREC) announced that Rawhide Prairie Solar, a 22-megawatt project in Colorado, began commercial operation on March 19. GREC is managed by Greenbacker Capital Management (Greenbacker).
The facility marks GREC’s first “solar-plus-storage” project, pairing solar power generation with power-storage capabilities, reflecting the firm’s expanding presence in energy projects at the forefront of innovation in renewable energy.
An onsite Tesla battery pack is capable of storing up to two megawatt hours (MWh) of energy, and helps ensure less expensive, more reliable power during times of peak consumer demand or lower solar resource (i.e., less sunshine).
“Rawhide Prairie Solar was our first solar-plus-storage project, and it's incredibly rewarding to see it up and running,” said Charles Wheeler, GREC CEO. “Energy storage will play a crucial role in the future of renewable energy, bringing many practical benefits to consumers