#United States #California #Matrix Renewables #Battery Storage #Pioneer Community Energy

Harnessing the Future of Energy: A Strategic Partnership

In an ambitious move to enhance renewable energy resources in California, Matrix Renewables has signed a Resource Adequacy capacity contract with Pioneer Community Energy. This landmark agreement centers on a 22 MW battery energy storage project, known as the Alamo Battery Energy Storage project, situated in Kern County. The operational commencement of this facility is projected for the first half of 2026, marking a significant addition to California’s energy landscape.

Matrix Renewables, a key player backed by TPG Rise, has demonstrated its commitment to bolstering energy storage systems across the United States. The company's current initiatives boast over 1 GW of battery storage projects in development, specifically within California. Chris Matthew, the Chief Commercial Officer of Matrix Renewables, emphasized how this agreement signifies a pivotal moment in the company’s strategy to expand its energy storage portfolio.

“This agreement marks another milestone as we grow our battery energy storage footprint in California,” said Matthew. “Our investment reflects our confidence in the state's clean energy future and the essential role energy storage plays in enabling it.”

According to Cindy Tindell, Managing Director and Head of U.S. operations for Matrix Renewables, the Alamo project not only contributes to enhancing energy reliability but also supports economic development in the region. Through this partnership, Matrix aims to strengthen long-term relationships with local communities, reinforcing its dedication to fostering sustainability and economic growth.

Conversely, Pioneer Community Energy, a nonprofit electricity provider headquartered in Rocklin, California, has expressed pride in its collaboration with Matrix. This partnership is seen as essential for securing clean power that will strengthen the reliability of the California power grid. Greg Janda, Vice Chair of Pioneer’s Board of Directors and Rocklin City Councilmember, highlighted the significance of the contract in promoting low-cost energy and ensuring dependable supply for customers when demand peaks.

Matrix Renewables is not only looking to California but has a broader vision with a portfolio exceeding 8.9 GW of renewable energy and battery storage projects operating across five regional markets in the United States, illustrating its substantial impact in the renewable energy sector. Globally, its reach extends beyond 15.5 GW, encompassing solar power, battery storage, and green hydrogen initiatives.

In conclusion, the partnership between Matrix Renewables and Pioneer Community Energy presents an exciting advancement in the pursuit of sustainable energy solutions. As they embark on this project, they join forces to not only enhance the infrastructure of renewable energy in California but also make significant strides towards environmental sustainability and energy independence for the future. This collaboration is a model for similar initiatives across the nation striving for a greener tomorrow.

For further updates and insights into the development of renewable energy, Matrix Renewables is committed to sharing progress as they move forward with this significant project.

About Matrix Renewables

Matrix Renewables is a global renewable energy platform, bolstered by the TPG group and backed by their robust $28 billion impact investing portfolio. The company represents a substantial commitment to renewable energy, storage, and green hydrogen projects spread across Europe, North America, and Latin America.

For more information, please visit Matrix Renewables.