D.E. Shaw completes 100-MW solar project for SMUD



D. E. Shaw Renewable Investments (DESRI), in partnership with Sacramento Municipal Utility District (SMUD), announced that the Drew Solar project has reached commercial operation. Drew Solar is a 100-MWAC solar energy facility located in Imperial County, California. The facility began operating in December 2022.

Drew Solar has a power purchase agreement with SMUD. The facility is expected to generate enough clean energy to power approximately 30,000 homes each year, according to metrics provided by the Environmental Protection Agency.

“Our DESRI team is pleased to bring this affordable and reliable clean energy project online to serve SMUD and the California electricity system,” said Hy Martin, chief development officer of DESRI. “This solar project grows our longstanding relationship with SMUD to deliver renewable energy to its customers and support their Zero Carbon Plan. Our team is also proud to support the local community in Imperial County through community benefit and public benefit programs that serve to fund scholarships for students in need, bolster local businesses, and support economic development in the Imperial Valley.”

SOLV Energy served as the EPC and will also provide ongoing operations and maintenance services to the facility. The Navajo Tribal Utility Authority and Bona Terra Energy were involved in the co-development of project.

News item from D. E. Shaw Renewable Investments


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