Korsail is a renewable energy development firm with experience permitting and constructing several gigawatts of energy projects across the Country. We are a tight knit, collaborative organization with employees that are deeply invested in each stage of project development. We strive to form meaningful relationships in the communities we build in, providing economic benefits and infrastructure improvements. Korsail is investing in Arizona due to a variety of attractive programs that allow us to sell low-cost renewable energy and successfully bring our projects online. A few are highlighted below.
Direct Power Purchase Agreements
A common structure for solar projects is a Direct Power Purchase Agreement. Direct Power Purchase Agreements are an agreement between a customer and a generator, in which the customer buys power from an on-site solar system. While Direct Power Purchase Agreements aren’t unique to Arizona, there is a significant volume of projects with Direct Power Purchase Agreements in the state.
Utility Power Purchase Agreements
Arizona utilities like APS have been active recently, releasing plans that outline their ambitious clean energy procurement goals and providing many opportunities for solar and storage projects. Their 2027 Integrated Resource Plan includes commitments to several gigawatts of renewable energy resources.
Public Utility Regulatory Policies Act
Renewable energy projects in Arizona can be brought online quickly, with energy rates predetermined and the process for selling the power already in place though Public Utility Regulatory Policies Act (“PURPA”). PURPA laws give us the ability to connect and sell power to utilities at the same cost they currently pay to generate it.
Types of Projects We Develop
Korsail develops a wide range of projects uniquely suited to each utility and piece of land. Our team has the knowledge and expertise to bring these projects to life. A few examples are below.
Korsail brings reliable, low-cost solar energy to rural communities across Arizona. Solar is a continuously developing, but commercially tested technology that can help reduce the utility’s monopoly on power generation and their reliance on Brown Fuel generators such as coal.
Korsail develops large-scale battery storge projects that enable us to offer readily available, consistent energy when and where it is most needed. As power demands and generation fluctuate throughout the day in Arizona, storage projects can fill the gaps in generation and keep the lights on. Korsail is at the forefront of the country’s transition to large-scale battery storage.
Korsail also develops Hybrid Solar + Storage projects. We always focus on developing projects which best serve our customers and the local community. Hybrid projects allow for more consistent delivery of energy and are better for the health and stability of the local grid.