September 27, 2019
CalCom Energy’s $100M Fund Targets Farms for Solar-Battery Systems
In California, it’s not just vulnerable families and critical services that could use battery-backed solar systems to ride through wildfire-prevention power outages. Farms also have critical energy needs, like pumping water to crops on set schedules, or chilling them after harvest, that could face significant disruption under the state’s new wildfire prevention regime. CalCom Energy, a long-time solar and energy services provider for California’s agricultural sector, thinks it has a solution. This week, the Fresno-based developer launched a $100 million Agriculture Energy Infrastructure Fund, aimed at combining low-cost solar power-purchase agreements with the backup power of energy storage.
