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    US battery project investment by Eolus

    Eolus has recently decided to invest in the Pome project, a stand-alone battery storage project with a capacity of 100MW, in the United States.

     

    The construction of the project is scheduled to begin in the third quarter of 2023, and commercial operations are planned to commence in the fourth quarter of 2024.

     

    Situated in San Diego County, California, the Pome battery storage project aims to have a capacity of 100MW/400MWh. Eolus has signed an agreement with a prominent supplier of battery energy storage systems for the provision of the necessary equipment.

     

    Additionally, they have entered into a ten-year tolling agreement with an undisclosed buyer. Eolus North America has been actively developing this project since 2019.

     

    Hans-Christian Schulze, Country Manager of Eolus North America “There is a strong demand for energy storage in California to support the energy system and we are excited to realise this project. We see great interest for investing in renewable energy and energy storage.”

     

    Per Witalisson, CEO of Eolus “Eolus has been active in the US since 2015 and we have a strong project pipeline, where the US projects make up one-quarter of Eolus’s total project portfolio. After the Inflation Reduction Act being signed the US market is really booming. We are delighted to continue our investments by constructing the Pome project.”

     

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