Arevon Energy has started commercial operations at its Peregrine Energy Storage Project in San Diego, California. The 200-MW/400-MWh battery storage project is located in the Barrio Logan community.
The $300 million Peregrine Energy Storage Project was developed and is owned and operated by Arevon. Peregrine Energy Storage employed more than 90 full-time equivalent personnel at the height of construction and will disburse long-term property tax benefits estimated to total more than $28 million over the life of the project. The facility features lithium-iron phosphate (LFP) batteries.
“The successful completion of Peregrine Energy Storage is a result of the collaborative efforts of the project’s stakeholders and the local community who collectively support California’s renewable energy goals,” said Kevin Smith, Chief Executive Officer at Arevon. “Peregrine signifies Arevon’s ongoing commitment to energy storage, and its importance in ensuring a reliable, stable energy system, as well as to advancing domestically made energy in the state and throughout the country.”
News item from Arevon
