cross force has commenced commercial operation of the Athos III Solar Project in Riverside County, California on December 22, 2022. The Athos III Solar Project was built by union workers using US-made solar panels, batteries and steel piles. Meet the domestic content and general wage requirements of the Inflation Reduction Act (IRA) tax credit incentives.
The Athos III Solar Project (also known as Bryce Mesa Solar II) will generate 224 MWAC/310 MWDC of solar energy, enough to power approximately 94,000 homes, with 448 MWh of colocation storage.
Intersect Power CEO Sheldon Kimber said: “Athos III demonstrates Intersect’s continued pioneering of industry sourcing standards in line with the IRA’s vision. will also maximize our impact by ensuring that the clean energy industry prioritizes domestic supply chains and unions to ensure that all Americans reap the benefits of the clean energy transition. It is also a case study of methods.”
The Athos III solar project is part of Intersect Power’s short-term portfolio with a total of 2.2 GW of solar PV and 1.4 GWh of co-located storage. The rest of the portfolio is scheduled to go live in 2023. Construction of the Athos III solar power project has created 500 peak union jobs.
Funding for construction and operation of the project was secured as part of the broader portfolio financing announced last November. Intersect Power has completed portfolio level term debt, tax equity and construction financing commitments from investors and investors.
Notice from Intersect Power