August 20, 2020
Capital Dynamics Makes Multi-Gigawatt Bet on California Energy Storage
Swiss asset manager Capital Dynamics quickly compiled one of the most ambitious energy storage pipelines in the U.S. The firm is teaming up with Tenaska to develop and operate nine battery projects totaling nearly 2 gigawatts and up to 7.8 gigawatt-hours of grid storage in California. They will target the coastal hubs of San Francisco, Los Angeles and San Diego to provide the dispatchable capacity that is sorely missing right now as the state struggles with days of critical electricity scarcity.
