Arevon Begins Construction on $600MM Cormorant Energy Storage Project in Daly City

Arevon Begins Construction on $600MM Cormorant Energy Storage Project in Daly City

Cormorant advances local economic investment through jobs, tax revenue, and community partnerships, reinforcing Arevon’s position as a leading battery storage developer in the stateDALY CITY, Calif. and SCOTTSDALE, Ariz., March 24, 2026 — Arevon Energy, Inc., a leading American energy developer, owner, and operator, today announced the start of construction on its 250 megawatt (MW)/1,000 […] The post Arevon Begins Construction on $600MM Cormoran…

Arevon initiates construction of 250MW Cormorant storage project

Arevon Energy has commenced construction on the Cormorant Energy Storage Project in Daly City, California, US, a $600m facility that will offer a storage capacity of 250MW/1,000MWh.

Construction starts on Arevon's 250-MW energy storage project in California

Arevon Energy has started construction on its 250-MW/1,000-MWh Cormorant Energy Storage Project in Daly City, California. The $600 million facility is expected to start operations 2027, and will be capable of powering approximately 321,000 homes for up to four hours. Arevon will own and operate Cormorant Energy Storage under a long-term offtake agreement with MCE,… The post Construction starts on Arevon’s 250-MW energy storage project in Califor…