GridStor Acquires Portfolio of LA Basin Projects From Upstream Energy

The projects will be going online in an important time for California’s transition to clean energy, as the state works toward a carbon free electricity system by 2045. To meet these goals, the California Energy Commission projects that 49,000 MW of battery storage will be needed.

“California has urgent reliability needs, and battery storage is the best way to consistently incorporate clean energy onto the grid and curtail our dependence on fossil fuels,” said Chris Taylor, CEO of GridStor. “The large size and strategic locations of these new projects will position GridStor to become a major player in the California energy storage market as the transition to clean energy continues.”

The battery storage projects will be built on previously disturbed sites in urban areas in the LA basin area near existing power lines and substations, allowing the batteries to quickly connect to the electric grid upon completion.

Once online, the projects will provide needed capacity for regional utilities to ensure power grid reliability and will be key to the increasing volumes of renewable energy being added to the state’s electric grid and managed by California's Independent System Operator (CAISO).

“We look forward to collaborating with the GridStor team in the deployment of this critical part of the State’s electrical infrastructure,” said Ryan Hulett, Principal at Upstream Energy.