Israel’s Enlight Renewable Energy Ltd has secured USD 340 million through two tax equity partnership agreements to fund its Roadrunner project near Tucson, Arizona. This ambitious hybrid renewable energy facility will combine 290 MW of solar photovoltaic capacity with 940 MWh of battery storage, marking a significant boost to the region’s clean energy infrastructure.
The substantial funding will support both the development and operation phases of the project, highlighting Enlight’s commitment to advancing sustainable energy solutions. By integrating large-scale solar power with cutting-edge battery storage technology, the Roadrunner project aims to deliver a more reliable, efficient, and resilient energy supply to the grid.
The Roadrunner project is set to greatly expand Arizona’s solar energy capacity, directly supporting the state’s renewable energy targets. With 290 MW of solar generation, the project will help reduce dependence on fossil fuels, contributing to meaningful cuts in greenhouse gas emissions.
The 940 MWh battery storage system will play a critical role in enhancing grid stability by storing excess solar energy produced during peak sunlight hours and distributing it during periods of high demand. This hybrid approach is expected to become a benchmark for future renewable projects in Arizona, encouraging wider adoption of integrated solar-plus-storage solutions.
Beyond environmental benefits, the project is expected to generate significant employment opportunities during both construction and operation, providing a boost to the local economy. Moreover, Enlight’s investment is likely to attract additional capital into Arizona’s renewable energy sector, fostering further innovation and growth.
By diversifying Arizona’s energy mix and reducing reliance on external sources, the Roadrunner project will contribute to the state’s energy independence. It also aligns with Arizona’s commitment to meet its renewable energy standards, supporting broader national and global efforts toward sustainability and a low-carbon future.
