Company Briefs
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News briefs on companies and firms doing business with RTOs.

SCE, Fervo Energy Agree to Geothermal Deal

Fervo Energy last week announced it has secured power purchase agreements with Southern California Edison (SCE). 

SCE has agreed to buy 320 MW of power from Fervo’s $2 billion Cape Station geothermal project currently under construction in Utah. The project is expected to generate nearly 400 MW when it reaches full production in 2028. 

The agreement will play out over two 15-year contracts. 

More: Canary Media 

Ameren Purchases its Largest Solar Facility

Ameren last week announced the purchase of the Cass County Renewable Energy Center in Illinois. 

The 150-MW project, which Ameren bought from Savion, is expected to come online later this year. 

Ameren is also in the process of adding two other solar facilities to its portfolio: the 200-MW Huck Finn in Northeast Missouri, and the 150-MW Boomtown in Southern Illinois. Both are expected to start up this year. 

More: St. Louis Public Radio 

American Battery Factory Moving Forward on New Arizona Factory

American Battery Factory last week said it is still on track to start construction this fall on its $1.2 billion advanced battery “gigafactory” in Tucson, Ariz. 

The company said the factory will use Honeywell’s latest artificial intelligence with automated manufacturing equipment to produce the startup’s proprietary lithium-iron phosphate battery cells. 

With a targeted completion in 2025, the first ABF gigafactory will include the company’s headquarters, a research-and-development center, and a 1,500-foot-long factory module capable of producing 20 GWh worth of battery cells annually, the company said. 

More: Arizona Daily Star 

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