Daly City, California: Arevon Energy has officially launched its 250 MW/1000 MWh Cormorant energy storage project. With a total investment of US $0.6 billion million, the facility is expected to be operational in 2027 and will provide up to four hours of power to about 321000 households.

Under a long-term power purchase agreement with MCE, Arevon will own and operate Cormorant energy storage projects. MCE is an electricity provider serving more than 1.8 million residents and businesses in the counties of Contra Costa, Marin, Napa and Solano. The project was initially planned to have a capacity of 188 MW/752 MWh, with subsequent expansion. Cormorant project will use lithium iron phosphate (LFP) battery technology. Primoris, which acts as the General Contractor (EPC) for the project, is expected to employ approximately 175 workers during peak construction.

Justin Johnson, CEO of Arevon, said: "The construction start marks an important milestone for the Cormorant project and the Daly City community. Projects like Cormorant are essential to strengthening the California grid by storing energy when it is abundant and releasing it when it is most needed. Arevon is proud to continue to invest in infrastructure that supports grid reliability, affordability and California's long-term clean energy goals."

Arevon currently has 3.7 gigawatts of renewable energy projects in operation and another 550 projects under construction.

Shanelle Montana, Chief Development Officer, Arevon, said: "Cormorant project demonstrates the importance of working closely with local leaders and community members in developing a project that will operate for decades. Community engagement isn't just a task box that needs to be checked-it represents a commitment that means staying present, being genuine, and aligned with the people who will live around our projects. Arevon looks forward to continuing its partnership with the community during the construction and long-term operation of the Cormorant."