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About RAI Energy

RAI Energy is a Silicon Valley-based national renewable energy development company with a proven track record of developing more than 750 MW of utility-scale and distributed generation solar and energy storage. Through continuous innovation and excellence, RAI takes pride in being a nimble provider of reliable, affordable, profitable zero and low-carbon solutions. By serving as a trusted navigator for all smart energy project stakeholders, RAI is enabling customers to become clean energy leaders while providing environmental and economic benefits for local communities—leading the U.S. into a sustainable energy future. Founded in 2016, the company is focused on developing utility-scale renewable energy projects from beginning to end, including the successful Vikings Energy Farm, a solar-plus-storage hybrid plant under construction near Holtville, Imperial County, California. The project’s unique 1:1 configuration of 150 MW of solar coupled with 150 MW/600 MWh of battery energy storage will allow the utility to shift daytime solar production to late afternoon and evening hours, providing on-peak energy while also benefiting the local community. In 2021, RAI Energy and San Diego Community Power (SDCP) entered into a Power Purchase Agreement for the project to supply SDCP with 20-years of renewable energy, paired with four hours of battery electricity. The project is now under construction. RAI Energy has brought several additional large-scale solar projects online, including the Seville Solar Farm, a 50 MW solar PV project in Imperial Valley, California, that went into operation in December 2016. In addition, RAI Energy has a robust portfolio of nearly 4 GW solar and energy storage projects under development in Arizona, Arizona, California and New Mexico. For more information on RAI Energy, please visit our website at www.raienergy.com.

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