Read more about our work in solar and wind power, as well as battery energy storage.
At the heart of what we do, National Grid Ventures is working to accelerate the development of our clean energy future. In support of this goal we’ve made significant investments in large-scale renewable energy projects, including wind, solar and battery storage.
Additionally, we’ve made investments in community and residential solar to develop the potential of grid services using cleaner, renewable sources of energy.
In 2019, we completed our acquisition of Geronimo Energy, a leading wind and solar developer in North America. This investment underscores National Grid’s commitment to the decarbonisation of our energy system and the company’s belief in the long-term growth potential of renewable generation.
Founded in 2004, Geronimo Energy has developed over 2.4 GW of wind and solar energy projects that are operational or currently under construction. The organization also has a multi-gigawatt development portfolio of renewable energy projects that are located throughout the United States.
Geronimo was founded with deep roots in agriculture and an understanding and respect for farming practices. As landowner advocates, the Geronimo development team is dedicated to improving the productivity of our landowners’ properties by introducing our host communities to the benefits of renewable energy.
Most recently, Geronimo Energy announced the commercial operation of its 200 MW Crocker Wind Farm, which has power purchase agreements in place with Walmart and Cargill, and a Power Purchase Agreement with Basin Electric Power Cooperative for its 128 MW Wild Springs solar project.
As an alternative to building new transmission or fossil-fired peaking capacity, we have partnered with NextEra Energy Resources in the development of two battery energy storage systems on Long Island. These include 5 MW, 40 MWh battery energy storage systems in both East Hampton and Montauk, New York.
The systems have helped decrease emissions and enabled peak-shaving during the busy summers on the southeast end of Long Island.
We’ve partnered with San Francisco-based , a leading provider of residential solar and battery storage in the U.S., since 2016. The collaboration has included a USD $100 million asset investment and employees from each company working to develop the potential of grid services using cleaner, renewable sources of energy.
The partnership has also included joint marketing, leveraging both companies’ strong brands, to accelerate the adoption of rooftop solar in a cost-effective, highly-scalable way.