VULCAN (CAISO-1534) — Project Summary

Queue ID
CAISO-1534
Capacity
500 MW
Technology
Solar+Battery
Status
active
Location
Maricopa, AZ
Region
CAISO
Developer
IA Status
System Impact Study

VULCAN

CAISO-1534BetaActiveSolarBatteryCAISOLBNL + Live

500 MW hybrid in Maricopa, AZ · In queue since April 2018 · Proposed COD December 2027

BA: AZPSISO/RTO: CAISONERC: WECCRC: SPPW

500 MW

Capacity

2

Components

Solar + Battery

8y 3m

In Queue

System Impact Study

IA Phase

COD target: 2027

Interconnection

Total Duration

9y 8m

Study Phase

C11

Impact Study25%
Queue EntryApr 16, 2018

Interconnection request submitted to ISO/RTO

Cluster Study (Phase I/II)Current

CAISO uses cluster studies where projects are batched annually and studied together.

Typical: 36–48 months (IR to IA)

Interconnection Agreement

Interconnection agreement not yet executed

Typical: 30–60 days (negotiation)

Commercial Operation

Proposed COD: 2027-12-31

Cross-source intelligence
Beta
High confidence·6 sources·as of 2026-06-01
Expected COD
2027
From queue filing
Developer
NextEra Energy Resources
From queue filing
Status
Active
Active — federal EIS in progress, draft expected Summer 2025 per Basin and Range Watch; BLM ROW application under review
Financing
Unannounced
Key milestones
Permit approvedJul 2023

BLM published Notice of Intent to prepare EIS for Vulcan Solar ROW application

source
IA executedFeb 23, 2026Most recent

Arizona Power Plant filing references 500 kV transmission line to connect Vulcan Energy Center

source
Project lifecycle
as of 2023-07-10
OperationalNoKJZZ · 2023-07-10
TechnologySolarKJZZ · 2023-07-10
Permit decisionpendingKJZZ · 2023-07-10
About

The VULCAN project is a proposed 253.8 MW hybrid solar and battery energy storage project located in Maricopa County, Arizona. The development project consists of a 225 MW solar array coupled with a 28.8 MW battery. The project is in the California Independent System Operator (CAISO) interconnection queue as entry CAISO-1534, with an original queue entry date of April 16, 2018. The proposed commercial operation date is December 31, 2027.

The interconnection utility is San Diego Gas & Electric (SDGE), and the point of interconnection is the Hassayampa Common Bus 500 kV. The project's interconnection status is currently in the System Impact Study phase. The VULCAN project has been the subject of recent news coverage, with four articles related to regulatory matters, development, deals, and industry news.

Generated from interconnection queue and public data sources

Development Risk

Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

AZ

County

Maricopa

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

Utility

SDGE

Entity

CAISO

Service Type

ERIS

Point of Interconnection

Hassayampa Common Bus 500 kV

Data Source

LBNL + Live

AgencyBureau of Land ManagementKJZZ · 2023-07-10
RulingNoticeKJZZ · 2023-07-10
Risk Analytics

Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

Available on the InfraSure platform

See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Technology
Solar250 MW · 50%
Battery250 MW · 50%
Generation Forecast

Forward generation outlook — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. The bankability view that determines whether the deal clears its covenants once online. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
Market Context
Approximate
ISO / RTO
CAISO
Trading Hub
TH_SP15_GEN-APND
Hub Confidence
LOW

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

Insights & Articles (1)Beta

Last updated 2026-03-26

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InfraSure platform

Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.