THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.
Vistra Signs Agreement To Expand Moss Landing Battery Energy Storage In California, US
- 26 Jan 2022
- United States
News: Vistra has signed a 15-year resource adequacy agreement with Pacific Gas and Electric to expand the Moss Landing battery storage system in the US state of California. The firm plans to add 350MW/1.4GWh extension to increase the storage capacity from 400MW/1.6GWh to 750MW/3GWh. California Public Utilities Commission will review the contract and a conclusion is expected within 180 days. Construction of Phase III is planned to begin in May 2022, with the new battery due to become operational by June 2023 (Renewables Now).
This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.