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Commission approves inducement resolution for 50 MW Corazon battery storage project
Summary
Bernalillo County approved an inducement administrative resolution for Corazon Energy Storage LLC to pursue a standalone 50 MW battery energy storage project; the county will consider a later ordinance to adopt IRB benefits.
Bernalillo County commissioners voted 5-0 on March 11 to approve an administrative inducement resolution for Corazon Energy Storage LLC, a project proposed by Plus Power that would build a standalone battery energy storage system on the Parajito Mesa near an existing PNM substation.
Ms. Tobias, economic development staff, presented the inducement request. Staff said the development will involve about $190 million in capital investment to provide 50 megawatts of grid storage capacity. The…
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