Origis Energy advanced its U.S. clean energy expansion this week, closing $118 million in tax equity financing with RBC Community Investments for its Chalan Solar + Storage project in Kern County, California. The company framed the deal as validation of the strength of its integrated platform from project development through financing.
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The Chalan project will combine a 65 MWac solar facility with a 25 MW / 100 MWh battery energy storage system, with commercial operations targeted for the fourth quarter of 2026. All output is contracted under a 20-year power purchase agreement with Pioneer Community Energy, providing long-term revenue visibility and reinforcing Origis Energy’s contracted asset base.
Partnering with a major financial institution like RBC is expected to support Origis Energy’s ability to scale additional utility-scale solar plus storage assets. By using tax equity to fund capital-intensive projects, the company can expand its portfolio while managing balance-sheet impact and maintaining access to institutional capital.
The focus on solar-plus-storage in California also underscores Origis Energy’s strategy to address grid reliability and value-added services beyond pure energy generation. These developments collectively point to a solid week for the company, marked by enhanced financing capacity, a de-risked long-term contract, and further momentum in its U.S. renewable energy pipeline.