Global re/insurer SCOR has announced that it has provided insurance coverage for the Edwards Sanborn Solar and Battery Storage Project in Kern County, Calif., one of the largest solar-plus-storage facilities in North America.
The project, developed by renewable energy company Terra-Gen, aligns with SCOR’s commitment to supporting initiatives that contribute to a sustainable energy transition.
Construction of the Edwards Sanborn facility began in 2020, covering more than 4,600 acres. Initial phases became operational in 2022 and 2023, and in 2024, the project received the Presidential Federal Sustainability Award for its role in advancing carbon-free electricity.
The facility currently has a solar energy capacity of 807 megawatts and a battery storage capacity exceeding three gigawatt hours. This enables it to supply up to 1,300 megawatts of power to the grid, strengthening California's renewable energy infrastructure.
Future phases of the project are expected to add an additional 2,000 megawatts of solar and energy storage to the California Independent System Operator (CAISO) grid. Once fully completed, the Edwards Sanborn project will contribute up to 3.35 gigawatts of solar storage capacity.
SCOR said that its insurance coverage supports the development and expansion of the project, which is expected to play a role in California’s clean energy transition. Terra-Gen continues to develop the facility with the goal of strengthening the state’s renewable energy capacity while setting a model for large-scale solar and battery storage projects.
In previous years, SCOR has actively advanced its involvement in the renewable energy sector through strategic initiatives.
In February 2024, SCOR launched an offshore renewable energy consortium, increasing its total deployable capacity to over US$180 million.
In September 2023, the global re/insurer introduced a dedicated new energy practice. This practice offers integrated insurance products and risk management solutions for low-carbon technologies, including wind and solar farms, hydrogen projects, and battery storage systems.
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