Arevon Expands US Energy Storage Portfolio with 200 MW Project

Arevon Energy has commenced commercial operations of its Peregrine Energy Storage Project, a major utility-scale battery facility located in San Diego’s Barrio Logan neighbourhood, California. The project adds 200 MW / 400 MWh of energy storage capacity to the grid and stands as Arevon’s fifth operational battery storage asset in the state.

The Peregrine project, developed, owned, and operated entirely by Arevon, represents an investment of USD 300 million. It is equipped with lithium iron phosphate (LFP) batteries, which are known for their thermal stability and safety. At full capacity, the system can supply electricity to up to 200,000 homes for two hours daily, particularly during periods of peak demand.

Kevin Smith, Chief Executive Officer at Arevon, highlighted the importance of collaborative development and local support.

“The successful completion of Peregrine is a testament to the close coordination between project partners and the surrounding community. This initiative aligns with California’s broader goals for clean energy and grid resilience,” he said.

About Arevon Energy

Headquartered in Scottsdale, Arizona, with a regional presence in New York City, Arevon Energy is a leading renewable energy developer in the United States. The company currently operates over 4.7 GW of solar and battery storage assets across 17 states, with an active development pipeline of 1.2 GW. Arevon has invested more than USD 9.6 billion in clean energy infrastructure and has jointly developed 480 MW of solar capacity with utility partners.

The launch of Peregrine reinforces Arevon’s growing footprint in California’s renewable energy and storage sector. The company currently has more than 3.2 GW of clean energy projects in operation and an additional 800 MW under construction within the state. Its recent ventures include the Eland 1 Solar plus Storage Project, Vikings Solar plus Storage, and the award-winning Condor Energy Storage Project.

Arevon also secured offtake agreements for its Cormorant and Avocet Energy Storage Projects and finalised financing for the upcoming Eland 2 Solar plus Storage facility. Recognition from the energy industry includes the North America Storage Deal of the Year for Condor and IJGlobal’s Energy Storage Award for the Vikings project.