TWIN PALMS SOLAR (CAISO-2048) — Project Summary

Queue ID
CAISO-2048
Capacity
576.144 MW
Technology
Solar+Battery
Status
active
Location
Riverside, CA
Region
CAISO
Developer
IA Status
IA Executed

TWIN PALMS SOLAR

CAISO-2048BetaActiveSolarBatteryCAISOLBNL + Live

576.144 MW hybrid in Riverside, CA · In queue since April 2021 · Proposed COD July 2030

BA: CISOISO/RTO: CAISONERC: WECCRC: RCW

576.144 MW

Capacity

2

Components

Solar + Battery

5y 3m

In Queue

IA Executed

IA Phase

Signed Jun 2025

Interconnection

Queue → IA

4y 2m

IA → COD

5y 1m

Total Duration

4y 2m

Study Phase

C14

Construction75%
Queue EntryApr 15, 2021

Interconnection request submitted to ISO/RTO

Cluster Study (Phase I/II)

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

Typical: 36–48 months (IR to IA)

Interconnection AgreementJun 3, 2025

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 18–30 months

Commercial Operation

Proposed COD: 2030-07-06

Cross-source intelligence
Beta
High confidence·3 sources·as of 2026-06-01
Expected COD
Jul 2029
Queue date 1–2 years staleQueue: 2030-07-06
Developer
AES Corporation
Filed as Twin Palms Solar, LLC
Status
Active
Active — IA executed June 2025, construction timeline targeting mid-2029 COD per WECC progress report
Financing
Unannounced
Key milestones
IA executedJun 3, 2025

Large Generator Interconnection Agreement executed with CAISO for Twin Palms Solar, LLC

source
COD targetJul 2029Most recent

SCE reports July 2029 COD target in WECC Annual Progress Report

source
Project lifecycle
as of 2023-07-06
PhaseIA executedEnergy-Storage.News · 2023-07-06
OperationalNoEnergy-Storage.News · 2023-07-06
TechnologyHybridEnergy-Storage.News · 2023-07-06
DeveloperOrmat TechnologiesEnergy-Storage.News · 2023-07-06
PPA offtakerSan Diego Community PowerEnergy-Storage.News · 2023-07-06
About

The Twin Palms Solar project is a proposed 576.14 MW hybrid solar and battery energy storage development in Riverside County, California. The project, located within the CAISO region and interconnected with Southern California Edison (SCE), consists of 288 MW of solar photovoltaic generation and 288.14 MW of battery storage. It is currently in the CAISO interconnection queue as entry CAISO-2048, with a queue entry date of April 15, 2021. The proposed commercial operation date is July 6, 2030, and the project's interconnection status is currently in the System Impact Study phase.

The Twin Palms Solar project has been the subject of recent news coverage, with at least nine articles appearing in industry and deal-making publications. The point of interconnection is the Colorado River Substation at 230 kV.

Generated from interconnection queue and public data sources

Development Risk

Realization risk from now to commercial operation — financing close, EPC and tax-equity counterparty mix, and COD probability vs the proposed date. The diligence view that determines whether the deal actually closes. 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)
Financing close probability
EPC + tax-equity counterparty
Project Details

State

CA

County

Riverside

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

Utility

SCE

Entity

CAISO

Service Type

NRIS

Point of Interconnection

Colorado River Substation 230 kV

Data Source

LBNL + Live

DeveloperOrmat Technologies±Energy-Storage.News · 2023-07-06
TransactionPPAEnergy-Storage.News · 2023-07-06
OfftakerSan Diego Community PowerEnergy-Storage.News · 2023-07-06
PPA structureCommunityEnergy-Storage.News · 2023-07-06
PPA term20 yearsEnergy-Storage.News · 2023-07-06
Risk Analytics

Composite operating-phase risk view — what this asset's risk profile will look like once it commissions. 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
Solar288 MW · 50%
Battery288.144 MW · 50%
Generation Forecast

Forward generation outlook — first-year production estimate and 10-year P50 trajectory, with probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

10-year P50 forecast
First-year output estimate
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. First-year DSCR, 10-year cashflow, and counterparty exposure across price and policy scenarios. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

10-year revenue projection
First-year DSCR
Financing close risk
Market Context
Approximate
ISO / RTO
CAISO
Trading Hub
TH_SP15_GEN-APND
Hub Confidence
MEDIUM
Nearest Node (Estimated)
CRIMSN_7_CN3
POI Substation
Colorado River Substation

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 (2)Beta

Last updated 2026-03-26

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InfraSure platform

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