10.5MW Project Pipeline - SCE CREST Program
Renergy was pleased to assist in closing a 10.5MW (DC) pipeline in the Mojave desert. We have 6 projects that are contracted under the SCE CREST feed in tariff program.
The end of the year was quite a scramble to meet the expiration of the grant in lieu of ITC expiration date, but we were able to do it. Baker & McKenzie was great to work with as was Reznick and we got it done.
Now a few transmission hurdles and we will be able to break ground and complete these projects.
The CREST program and SCE’s transmission network is a world unto itself - there is an incredible amount of complexity to understand so that you have a REALISTIC idea of when you are going to be able to connect your project to the grid and how much it’s going to cost you.
There are many developers out there pushing CREST projects who are seriously deluded on connecting their projects to the grid!