Clean Capital proposes battery storage project in Old Lyme
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Description
Clean Capital proposes a 5-megawatt 20mw/hour battery storage project at the transfer station, utilizing lithium-ion batteries in containers on a concrete pad with a surrounding fence. They are seeking a 20-year lease with a 5-year advance option, with a utility to purchase the power generated. The project aims to own and operate the battery storage facility.
Contract Details
Contract Amount
NA
Vendor
CLEAN CAPITAL
Agency
Town of Old Lyme, CT
Contract Type
Lease
Document Date
April 1, 2024
Contract Term
20 years
Renewal Date
NA
Renewal Info
NA
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