The US Navy & Department of Defense recently announced storage investments totalling $100m as utilities begin relying on the military to bail them out in times of crisis
Eolus to invest in 100MW Californian storage project
Renewable energy developer Eolus has confirmed it will make an investment in the 100MW Pome standalone battery storage project in San Diego County, California.
Construction of the project will begin in Q3 2023 with commercial operation planned for Q4 2024.
An agreement regarding supply of a battery energy storage system has been signed with a “major BESS supplier”, and a ten-year tolling agreement has been signed with an “undisclosed buyer”, a statement said. The project has been under development by Eolus North America since 2019.