en.Wedoany.com Report on Mar 25th, Arevon Energy has officially commenced construction on the Cormorant Energy Storage Project located in Daly City, California. The project has a capacity of 250 MW / 1,000 MWh, with an investment of $600 million. Once operational in 2027, it is expected to provide up to four hours of continuous power for approximately 321,000 households.

Under a long-term power purchase agreement with electricity supplier MCE, Arevon will own and operate the Cormorant Energy Storage Project. The project was initially planned for 188 MW / 752 MWh before being expanded to its current scale. MCE provides electricity services to over 1.8 million residents and businesses in Contra Costa, Marin, Napa, and Solano counties.

The Cormorant Energy Storage Project will utilize lithium iron phosphate battery technology, with Primoris serving as the engineering, procurement, and construction contractor. The peak construction period is expected to create approximately 175 jobs.

"The commencement of construction is a significant milestone for the Cormorant project and the Daly City community," said Justin Johnson, CEO of Arevon. "Energy storage projects like this are critical for strengthening California's energy grid, as they can store energy when it's abundant and release it during peak demand. Arevon is committed to investing in infrastructure that supports grid reliability, affordability, and California's long-term clean energy goals."

Arevon currently operates 3.7 GW of renewable energy projects, with an additional 550 MW under construction.

"The Cormorant project highlights the value of close collaboration with local leaders and communities when developing long-term operational projects," said Shanelle Montana, Chief Development Officer at Arevon. "Community engagement is not just a formality; it's a commitment to the genuine concerns of local residents. Arevon looks forward to continuing its partnership with the community throughout the project's construction and operational phases."