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27 March 2026
Frederick Forrest
Founding Partner @ Sourcechange

BESS Weekly: $4.95 billion closes on Darden solar-plus-storage

Arevon broke ground on its 250MW/1,000MWh Cormorant BESS in Daly City, California, a $600M project contracted with MCE.

Arevon broke ground on its 250MW/1,000MWh Cormorant BESS in Daly City, California, a $600M project contracted with MCE.

LG Energy Solution confirmed a $4.3 billion LFP supply deal with Tesla, producing cells in Michigan for Megapack 3 from 2027.

IPX Power closed $4.95 billion in debt for the Darden solar-plus-storage project in California: 1,150MW of solar and 4.6GWh of BESS.

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