Arevon Energy, Inc., a major U.S. developer, owner, and operator of energy projects, recently held a ribbon-cutting ceremony to mark the official launch of its Peregrine Energy Storage Project in San Diego. This new utility-scale battery facility has a storage capacity of 200 megawatts (MW) / 400 megawatt-hours and is Arevon’s fifth completed energy storage site in California. The project reinforces the company’s growing role in the battery storage sector and aims to improve grid reliability across the region.
The $300 million Peregrine Energy Storage Project, located in the Barrio Logan neighborhood, became fully operational in June. It was developed and is owned by Arevon and can supply electricity to approximately 254,000 homes for up to two hours each day. The facility is designed to store energy and supply it during peak demand periods, helping prevent brownouts and blackouts in the region. At peak construction, the project employed over 90 people and is expected to contribute more than $28 million in property taxes throughout its operational lifespan.
Mayor Gloria said in a statement, “Energy storage is key to delivering reliable clean energy when San Diegans need it most. Projects like Peregrine help stabilize our grid, reduce outages, and move us away from fossil fuels. We’re building a cleaner, more sustainable future for all of us — and I thank Arevon for being a partner in that effort.”
Smith stated, “Mayor Gloria and his administration are strong proponents of renewable energy and battery storage, and their support has been vital in getting this project over the finish line. Energy storage is the cornerstone of a resilient and modern electric grid, and I am proud that Arevon’s Peregrine Energy Storage Project is now contributing to San Diego’s Climate Action Plan and more broadly, to California’s renewable energy targets.”
Deacon Jim Vargas, President and CEO at Father Joe’s Villages, mentioned, “Arevon and their team’s generous contributions of necessary funding and time, including volunteering at our campus and more than $10,000 in donations, will go far to help hundreds of our neighbors leave homelessness behind for good. Arevon’s commitment to being a good neighbor for our entire community is clear. We look forward to our continued partnership.”
The facility uses lithium iron phosphate batteries, recognized as among the safest available. Arevon has prioritized safety in all its operations and has been managing energy storage systems in communities across the U.S. since 2021. The ribbon-cutting ceremony brought together a range of participants, including project partners, local business owners, and residents. Remarks were given by Arevon CEO Kevin Smith, San Diego Mayor Todd Gloria, San Diego Regional Chamber of Commerce CEO Chris Cate, and Fernando Hernandez from Perkins K-8 School.
Brenda Solorio, Arevon’s Director of Community Relations, led the program as master of ceremonies. Speakers highlighted the project’s significance in supporting energy resilience and its alignment with San Diego’s Climate Action Plan, which targets net-zero emissions citywide by 2035. Rosendin and EPC Services, both based in California, handled construction. Southern California Edison (SCE), one of the country’s largest utility providers, has entered a long-term agreement to purchase the project’s Resource Adequacy capacity, ensuring additional reliability support for California’s power grid.
As the project’s long-term owner, Arevon is actively engaged with the local community. The company has supported several organizations, including Father Joe’s Villages, the Barrio Logan College Institute, Perkins K-8 School, and the Deputy Sheriffs’ Association of San Diego. Contributions have ranged from sponsoring educational initiatives and field trips to supporting memorial funds and volunteering time and resources for local causes.
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