Articles from Strata Clean Energy

Strata Clean Energy ("Strata" or the "Company") today announced the upsizing of its revolving loan and letter of credit facility by $150 million, growing the facility from $300 million to $450 million. The upsized facility closed on July 9, 2026, and will continue to support the expansion of Strata's operational fleet and the ongoing commercialization of its diversified development pipeline.

Strata Clean Energy today announced the continued evolution of its vertically integrated model, expanding beyond its heritage in solar and storage development to further strengthen its position as a fully integrated energy platform company. The move is a response to the fundamental shift in energy infrastructure demands that are being driven by artificial intelligence, data center proliferation, and accelerating electrification.

Strata Clean Energy is pleased to announce the appointment of Jason Moretz as Chief Development Officer (CDO). Jason has over 20 years of experience developing, executing and managing large-scale infrastructure and energy projects, that last decade of which has been solely focused on renewable energy development.

Strata Clean Energy, a leader in energy storage and renewable energy solutions, is proud to announce the successful completion of the Inland Empire Energy Storage project, located in Rialto, California.

Strata Clean Energy is excited to announce a 20-year tolling agreement with Arizona Public Service (APS) for the 100 MW/400 MWh White Tank Energy Storage project, located near Avondale in Maricopa County, AZ. The project is anticipated to be completed and integrated into the APS energy grid in April 2027.

Strata Clean Energy is pleased to announce the appointment of Bob Schaffeld as the new President of the company. Schaffeld, who previously served as a member of Strata’s advisory board, brings more than 30 years of experience in the energy industry, with a strong focus on the deployment of over 5 GW of renewable energy over the past decade.

Strata Clean Energy (Strata), a leading developer, owner, and operator of renewable energy projects, has closed on a $559 million financing for the construction and ownership of the Scatter Wash battery storage complex. The 255MW/1,020MWh storage facility broke ground on January 18 and is expected to be operational by April 2025.

Today, Strata Clean Energy (Strata), a pioneer in grid-scale renewable energy solutions, celebrated a major milestone for its Scatter Wash battery storage complex in Phoenix, Ariz., with a groundbreaking that included executives from Strata, along with representatives from Arizona Public Service (APS), and other local dignitaries. The 255 MW / 1,020 MWh facility is expected to become operational in April 2025. The project’s batteries can store enough electricity to power more than 250,000 homes for 4 hours daily for 20 years.

Strata Clean Energy (“Strata” or the “Company”) announced the closing of a $300 million new revolving loan and letter of credit facility to expand Strata’s operational fleet and accelerate the commercialization of its diversified 17+ GW development pipeline.

Strata Clean Energy, a pioneer in grid-scale renewable energy solutions, is rapidly building a Power-to-X (P2X) development and technology platform to decarbonize segments of the modern economy where direct electrification is not viable. The P2X platform leverages the firm’s state-of-the-art, hourly-matched, renewable energy supply solutions to produce low-carbon hydrogen derivatives (ammonia, e-methane, and SAF) critical to the hardest-to-abate industrial, agricultural, and ocean freight and aviation markets.

Strata Clean Energy is proudly celebrating its 15th anniversary. Founded in 2008 as a residential rooftop solar company, the company has grown into a leading provider of utility-scale clean energy solutions. The company celebrated this milestone with its employees, key partners, and local officials including Representative Larry Strickland (R- North Carolina, District 28) and Senator Mike Woodard (D- North Carolina, District 22), at its Durham, NC headquarters on October 13.

Strata Clean Energy (Strata) has successfully closed on all installments of tax equity financing for two standalone battery energy storage systems. Strata partnered with United Community Bank (UCB) and Enhanced Capital on an $8.7 million investment for the Georgia and Springfield Vermont projects, each of which have 5MW/10MWh of storage capacity. The first installment of financing closed in March, making the sites among the first standalone storage projects to be funded using investment tax credits under the Inflation Reduction Act. Both sites have now commenced commercial operations and the final installment of financing has closed.

Rebrand builds on company's industry leadership in clean energy in solar and beyond - for future products and research and development DURHAM, NC / ACCESSWIRE / April 15, 2021 / Strata Clean Energy, LLC (Strata), a leading provider of utility-scale solar and battery-energy-storage systems, is announcing its new name, Strata Clean Energy. The rebrand represents the company's commitment to the proliferation of clean energy products by