esVolta partners with local communities and landowners to develop, construct and operate our projects. We identify locations ideally situated for energy storage and, based on landowner preferences, we purchase or lease suitable land in those locations. Once the land is secured, we work with local communities to develop, design and build the project, taking care to follow local regulations including requirements related to design and aesthetics, landscaping, parking, minimizing impacts to wildlife, and minimizing noise and traffic impact during construction.
Once operational, our projects sell power and energy directly to utilities or into wholesale electricity markets. Our utility customers provide us with stable and reliable revenues, our projects are financed by leading national and international banks and institutional investors who conduct extensive due diligence on the projects prior to investing. A project’s typical useful life is at least 20 years.
In summary, benefits to landowners and local communities include:
Stable Long Term Revenues ::
Our battery storage projects generate low-risk predictable cash flows resulting in highly dependable lease payments to landowners and substantial property tax payments to local communities, which can result in millions of dollars injected into the local community.
Noise / Traffic Impacts ::
Our projects generate almost no noise and require little maintenance once operational which minimizes these impacts to the local community.
Construction Timeline ::
Our projects have 6-12 month construction timelines, minimizing construction-related inconvenience to the local community.