Standard Solar has acquired the 25 MWdc Windhub Solar B solar project from Balanced Rock Power (BRP), a developer specializing in large-scale renewable energy projects across the western United States.
Located in Kern County, California, and interconnecting with the Windhub Substation, the solar project will supply renewable energy to Southern California Edison. This project aligns with the utility’s goal of delivering 100% carbon-free power by 2045 and helps meet California’s growing demand for sustainable electricity.
“This acquisition is another example of our successful partnerships with innovative developers like BRP, allowing us to bring high-quality solar projects to market efficiently,” said Mike Streams, chief development officer of Standard Solar. “It also aligns with our strategy of acquiring high-quality projects developed by utility-scale developers in the 20 to 75 MW range. Our expertise and appetite for these types of acquisitions enable us to strategically expand our clean energy portfolio and provide dependable, sustainable power to the grid.”
Strategically located to address energy delivery challenges in the Mojave area, the 25 MWdc ground-mount solar project will span 160 acres, with 112 acres dedicated to the solar array. A portion of the land will be preserved to safeguard a native Joshua Tree grove, minimizing the project’s environmental impact and promoting local biodiversity. Once operational, Windhub Solar B is expected to generate approximately 56,674 MWh of renewable energy annually, providing clean electricity to the local grid.
With the California Independent System Operator (CAISO) forecasting significant growth in peak power needs, the Windhub Solar B project is not only timely but also essential in enhancing the reliability of California’s power grid. In addition to generating clean energy, the project is expected to create local construction jobs and provide long-term economic benefits to Kern County through increased tax revenue and community investment.
“Balanced Rock Power is continuing on its recent successes to bring additional renewable energy capacity to the power grid across the United States,” said John Knight, CEO of Balanced Rock Power. “We are excited to be able to work with all of our partners, including Standard Solar, to bring this project to fruition.”
Project construction is slated to begin in the first half of 2025.
EOS Capital Advisors supported BRP in this acquisition by providing sell-side advisory services.
Tags: Standard Solar, utility-scale
