Pacifico Closes 2024 by Achieving Commercial Operation on Five Projects, Setting the Stage for Further Growth in 2025 as it Expands into Prime Generation

Over 21 MW of solar PV and 21 MWh of battery storage projects achieved commercial operation in December, providing clean energy to underserved communities and businesses in California and Massachusetts

LOS ANGELES--(BUSINESS WIRE)--Pacifico Power, a leading energy developer and energy services company, celebrates a year of exceptional achievements, including the commercial operation of 21.8 MW of solar photovoltaic (PV) and 21.3 MWh of battery storage projects in December. These projects mark critical infrastructure milestones, delivering clean energy and significant cost savings to community solar subscribers and prime power microgrid customers across the United States. As the U.S. segment of the Pacifico Energy Group, Pacifico Power will formally conduct its U.S. businesses under the Pacifico Energy flagship name moving forward as it expands into prime power and microgrid generation.

Among Pacifico Power’s standout projects is the Bernardston Community Solar Project, a pioneering initiative under Massachusetts’ SMART (Solar Massachusetts Renewable Target) Program. Designed to serve low-income communities, the project ensures at least 50% of subscribers qualify as low-income households, guaranteeing them minimum energy bill savings of 10%. The 6.735 MW system incorporates state-of-the-art silicon wafer photovoltaic technology and a 6.708 MWh battery energy storage system to optimize energy delivery and enhance grid stability.

Similarly, the Richardson Community Solar Project in Attleboro County, Massachusetts, exemplifies Pacifico Power’s commitment to energy equity and sustainability. The 6.435 MW system, also developed under the SMART Program, delivers clean energy to low-income households while meeting federal Low-Income Communities Bonus Credit Program requirements. Subscribers enjoy a 20% reduction on energy bills, making the project both impactful and economically viable.

On the West Coast, Pacifico Power achieved significant progress with its Ventura Coastal Projects in California. These systems, comprising Tesla stationary battery energy storage systems paired with PV generation, were developed to meet the unique needs of Ventura Coastal, a citrus juice and extracts producer. The Tipton and Visalia projects will collectively provide over 13 MW of renewable energy and integrate advanced battery storage solutions, offering Ventura Coastal over 20% in annual energy cost savings while enabling 100% renewable energy usage.

“2024 has been a transformative year for Pacifico Power, driven by our commitment to energy equity, sustainability and innovation,” said Kevin Pratt, Chief Operating Officer of Pacifico Power. “We’re proud to deliver solutions that not only provide cost savings but also empower communities and businesses to take greater control of their energy.”

Looking ahead to 2025, Pacifico Power plans to expand its footprint in distributed and prime generation, leveraging innovative financing models and strategic partnerships to bring additional energy projects online. The company remains committed to delivering clean, reliable energy solutions that create long-term value for customers and stakeholders alike.

About Pacifico Power & Pacifico Energy

Pacifico Power (“Pacifico”) is a forward-looking energy infrastructure platform that delivers customized industrial-scale on-site energy solutions to companies and communities looking to quickly secure reliable and affordable electricity. Pacifico develops, constructs, finances and invests in prime generation (microgrid) and distributed generation energy projects, which help companies and communities become less reliant on utility companies for electricity. Pacifico Power is the U.S. segment of the Pacifico Energy Group, which seeds and manages energy development companies around the world. Moving its focus toward prime power generation into 2025, Pacifico will formally operate in the U.S. as Pacifico Energy. (https://pacificoenergy.com/)