Arevon Energy has signed a long-term tolling agreement with California community choice aggregator MCE for 188 megawatts of the Cormorant Energy Storage Project in California.
Cormorant Energy Storage is a 250 megawatt/1,000 megawatt-hour stand-alone battery energy storage system which will be constructed in two phases in Daly City, California.
The first 188 MW phase is scheduled to begin construction in Q1 2025 and is anticipated to become operational in Q2 2026.
This agreement is the first commercial contract for Arevon and MCE, which supplies electricity and local clean energy programs to 1.5 million residents and businesses across Contra Costa, Marin, Napa, and Solano counties.
