Alpha Omega Power acquires Caballero battery project in California
Author: PPD Team Date: December 5, 2024
Author: PPD Team Date: December 5, 2024
Alpha Omega Power (AOP) has acquired and secured financing for the 100 MW/400 MWh Caballero battery energy storage project located in Nipomo, California.
Developed in partnership with Fengate Asset Management, the project aims to enhance energy supply in San Luis Obispo County and will serve the California ISO (CAISO) market.
The battery storage system will improve grid reliability and supply clean energy to 100,000 homes during peak demand periods. It is AOP’s first utility-scale battery storage project to become operational.
AOP has partnered with Gridmatic, a power marketer, to optimise the operations of the Caballero system.
Gridmatic’s AI-driven forecasting and optimisation algorithms are expected to maximise the benefits of the storage assets while ensuring financial sustainability.
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