After closure of Navajo coal unit, Salt River Project invests in solar, storage

摘要

Salt River Project, the nonprofit water and electric utility based in Tempe, Ariz., on Nov. 14 announced it will invest in two new solar-plusstorage projects, marking a next step in its transition from fossil fuels to ambitious investments in renewable energy and energy storage. The projects present a microcosm of power industry trends, as renewable power generation coupled with battery storage emerges as a replacement for fossil-fuel plants. The two solar-plus-storage plants will help replace power provided by the 1,500-MW Navajo Generating Station in Coconino County, Arizona. SRP, a joint owner of the coal plant, in September said it had permanently shut down one of its units.