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Arevon Energy, Inc., a leading American energy developer, owner, and operator, shared at RE+ 2025 its milestone achievements and ambitious growth ahead. The company owns and operates more than 5.3 gigawatts (GW) of solar, energy storage, and solar-plus-storage projects across 17 U.S. states, representing more than $10 billion in capital investment. With 1 GW of new capacity under construction and a 9 GW development portfolio as well as $4.5 billion in completed project financings over the last two years, Arevon is expanding into new markets and reinforcing its role in powering America's energy future. With every project, Arevon commits resources back into the host communities — strengthening schools, supporting essential services, and advancing the goals that matter most to local families.
Backed by a growing, mission-driven team, Arevon is advancing utility-scale renewable projects that deliver reliable homegrown energy, create local competitive-wage jobs, and generate lasting community benefits nationwide. The company's scale and performance have earned national recognition, ranking in the top 5% of solar companies in Solar Power World's 2025 Top Solar Contractors List. Arevon was also recognized as the top developer in California and the fourth largest solar developer nationwide.
"These milestones are a testament to the Arevon team, whose talent and commitment make these achievements possible," said Kevin Smith, Chief Executive Officer at Arevon. "Amid a record electricity demand surge in the U.S., our operating portfolio is reinforcing grid reliability, delivering dependable and affordable American power to millions across the country, and safeguarding national security as the U.S. leads in the global AI economy. Despite the challenging revisions to U.S. energy policy related to renewable energy, solar and energy storage will remain key to meeting future electricity demand requirements."
Arevon's Project Achievements and Advancements
Arevon's accomplishments are driven by its ability to bring renewable energy projects from development to financing through to construction and onto successful long-term operations. Over the course of the last year, Arevon has advanced more than 2,000 megawatts (MW) of projects into operations and started construction on 730 MW of new capacity.
Toward the end of 2024, Arevon began operations at its Vikings Solar-plus-Storage Project in Imperial County, California. The $529 million project, which is one of the first utility-scale solar peaker plants in the U.S., combines 157 MWdc of solar with 150 MW/600 megawatt hours (MWh) of battery storage, shifting low-cost daytime solar energy to higher-cost peak demand periods in late afternoons and evenings. Vikings's financial close was regarded as the nation's first utility-scale solar peaker plant to leverage tax credit transferability and was recognized by receiving IJGlobal's Renewables Deal of the Year – Energy Storage Award.
Also among Arevon's significant achievements was the August 2025 completion of its $2 billion Eland 1 & 2 Solar-plus-Storage Project in Kern County, California. Now fully operational, Eland delivers 758 MWdc of solar generation paired with 300 MW/1,200 MWh of energy storage, making it one of the largest installations of its kind in the nation. The project is capable of powering more than 266,000 homes annually, meeting 7% of Los Angeles's electricity needs, while its hybrid design enables day-to-night renewable delivery and bolsters grid reliability.
In Missouri, Arevon commenced construction on its Kelso 1 & 2 Solar Project, a $500 million private investment that will boost the state's installed solar capacity by almost 50 percent when operational. This two-phase project marks Arevon's first utility-scale solar development in Missouri and features an innovative Environmental Attribute Purchase Agreement with Meta, ensuring traceable renewable energy attribution. Kelso not only adds substantial American-made energy to the region but also channels targeted local investments into schools, infrastructure, and community services.
Additionally, the company announced commercial operations at its $300 million Peregrine Energy Storage Project in San Diego, a 200 MW/400 MWh standalone battery system designed to strengthen California's grid resilience and facilitate greater integration of renewable generation. Peregrine represents Arevon's fifth completed utility-scale energy storage facility in California and bolsters the company's position as a leader in battery storage development and operations.
Arevon also continues to advance construction on its almost $400 million Ratts 1 & Heirloom Solar Projects in Indiana, a combined 265 MW of capacity which are expected to be operational this year, and anticipates starting construction on its 124 MW Big Muddy Solar Project in Illinois before year-end. The company also partnered with local utilities to develop and build an additional 480 megawatts of solar energy in Indiana with the Gibson Solar and Posey Solar projects, ensuring each project was successfully integrated into their communities.
Arevon's $600 million Nighthawk Energy Storage Project, a 300 MW/1,200 MWh facility in Poway, California, is also under construction, and when operational, will be able to power up to 385,000 homes during the peak electricity demand periods for four hours each day. The project will feature modern lithium iron phosphate batteries which are the safest technology on the market today. Arevon's number one priority is the safety of those who live and work in its project areas, and the company is proud to have safely operated its energy storage facilities in U.S. communities since 2021.
Together, these projects illustrate Arevon's ability to execute at scale and deliver tangible results that propel the advancement of affordable and reliable energy in America.
Arevon Drives Growth Through Innovative Financing
Since mid-September 2024, Arevon has secured more than $1.6 billion in financing for flagship solar and energy storage projects, which contributes to the company's industry leading $4.5 billion in total project financings secured over the last two years. Within the last 12 months, Arevon's notable executed transactions include $509 million for its Kelso Solar Project, $351 million for the Gibson Solar Project, $258 million for its Peregrine Energy Storage Project, and $98 million for its Ratts 1 & Heirloom Solar Projects. These investments are bringing more than a thousand megawatts of new renewable energy capacity to the grid, supporting local economies through job creation, tax revenue, and infrastructure improvements.
Moreover, Arevon also secured a $600 million credit facility, with the option to increase up to $850 million, that will enable the company to further expand its development portfolio of solar and energy storage assets and enhance the performance of its high-yielding operational assets.
The scope and diversity of these deals reflect Arevon's ability to structure innovative financing that strengthens project economics and enables additional development. Backed by strong relationships with capital partners, these financings are not only advancing the development, construction, and operations of Arevon's projects but also ensuring that host communities realize meaningful, long-term benefits derived from renewable energy generation.
Arevon Recognition
In the past year, Arevon has earned national and global recognition for the way it powers communities, leads with integrity, and invests in its people. These honors reflect not only the company's industry leadership, but also its commitment to building a workplace culture where innovation and inclusion thrive:
Navigating Policy Changes
While the renewable energy industry continues to face policy uncertainty and shifting regulatory landscapes, Arevon remains confident in the fundamentals driving long-term growth. Rising demand and proven cost competitiveness position solar and energy storage to continue its growth under the new federal policy directives.
"The U.S. is entering a demand-driven era, and solar and battery storage are well-positioned to dominate new capacity growth — with or without subsidies," said Smith. "These technologies deliver decades of price stability, protecting American families and businesses from fuel price volatility while giving the nation a decisive edge in leading the global AI race."
What's Next for Arevon
With a strong operating portfolio, an expanding 9 GW development pipeline, and continued investment in new projects, Arevon has solidified its role as a leader in powering an American energy future. The company's focus remains on delivering safe, high-performance projects that meet the rising demand for homegrown, reliable, and affordable energy.
"We're entering the next phase of growth through the expansion of our development pipeline and M&A activities," added Shanelle Montana, Chief Development Officer at Arevon. "Across every stage — from development and financing to construction and operations — we are advancing ambitious energy goals while bolstering domestic manufacturing, increasing grid stability, and creating lasting community partnerships which drive economic development."
Arevon anticipates announcing more news pertaining to commercial, financial, construction, operation, sustainability, and other project-related milestones throughout the remainder of the year.
Arevon | arevonenergy.com
Clean-energy innovator William J. “John” Berger announced the formation of a new U.S. home energy service company, Otovo USA, which successfully raised more than $4 million in initial funding, led by EIC Rose Rock. As founding Chief Executive Officer, Berger is introducing a simple, customer-first home power offering that brings together three essential energy services – retail, service, and trading – into one integrated solution for homeowners. Otovo USA is partnering with Otovo, a European leader in residential power.
Otovo USA’s service offering is now available in the Texas market
Otovo USA’s service offering is now available in the Texas market and will soon expand across America. Otovo’s services will incorporate solar systems, batteries, standby generators, EV chargers, load managers, and other power generation and management systems.
“Otovo USA is here to help the millions of Americans with home energy services that are fed up with the complexities of warranties, juggling multiple vendors, and long repair times,” said John Berger, CEO of Otovo USA. “Otovo is a European leader in residential power and we’re combining its deep operating expertise with a new AI-based platform to deliver one simple, always-on service that optimizes the equipment customers already own. With millions of U.S. home solar systems, batteries, and EV chargers, there is a vast market of home energy consumers that need better service. Otovo USA is bringing customers what they really need: reliable power and a single partner accountable for keeping it up and running. It’s your power, backed by ours.”
Endurance, a proprietary cutting-edge AI platform, is the backbone of a unique optimization and rapid-response service system that actively supports and provides Otovo’s services. Endurance continuously monitors, maintains, and optimizes every behind-the-meter power asset a homeowner already owns – including rooftop solar, batteries, standby generators, and EV chargers – so the home runs on the cleanest, most reliable, and most cost-effective power available. Endurance automates diagnostics, schedules maintenance, and optimizes when homes produce, store, or draw power – boosting uptime and reducing bills.
“For nearly a decade we’ve helped homeowners across 13 European countries go solar through Otovo’s marketplace model,” said Andreas Thorsheim, Founder of Otovo. “Endurance delivers AI-driven care, debuting in the Texas market, home to 3.9 million credit-qualified single-family homes. Soon we will scale up to service the 26 million homes with power generation and management assets already in place across the United States and Europe.”
“Otovo USA’s innovative AI-based service model will transform and greatly improve the residential solar and home power services industry by providing exceptional service and value at a lower cost,” said George Coyle, a Managing Partner at Energy Innovation Capital (EIC). “We are excited to support growth at Otovo as they build out the business across the United States.”
William “John” Berger has spent his career founding and building companies in the electric power industry, with a particular emphasis on supporting competitive markets to drive the future of energy. In 2006, John founded solar contractor Standard Renewable Energy, one of the first companies to bring solar technology to American homes and businesses. John then went on to found SunCap Financial, a residential solar service company. In 2012, John founded Sunnova Energy International and created one of the world’s largest behind-the-meter energy services companies across the Americas.
Otovo USA offers a membership model that simplifies procurement and support, provides proactive maintenance, and uses trading capabilities to align household consumption and storage with market conditions.
Otovo USA | https://otovo.ai/
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, opened U.S. pre-orders for the new IQ9N-3P Commercial Microinverter. This is Enphase’s first microinverter powered by advanced gallium nitride (GaN) technology and designed for three-phase 480Y/277 V (wye) grid configurations, without using external transformers.
The IQ9N-3P Commercial Microinverter simplifies design complexity, lowers installation and balance of system costs, and improves system efficiency for 480 V commercial projects. The GaN technology replaces traditional silicon-based components from previous product generations to enable faster switching, cooler operation, enhanced reliability, and an industry-leading efficiency of 97.5%. Its compact, high-performance design can manage a continuous DC current of 16 amperes and deliver up to 427 VA of peak output power, supporting high-power solar panels up to 600 W.
The new microinverter meets rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018, and features rapid shutdown, phase balancing, voltage/frequency ride-through, and loss-of-phase detection for grid safety and system reliability. Additionally, by converting direct current (DC) to alternating current (AC) at each panel, Enphase microinverter systems avoid the long high-voltage DC runs found in traditional centralized (“string”) designs, offering a safe, all-AC architecture on the roof.
Enphase IQ9N-3P Commercial Microinverters can be deployed on small systems (less than 100 kW) or large systems (hundreds of kW) and provide the flexibility to start small and expand the system size over time without any redesign. Enphase microinverter technology also enables increased energy production at the panel level under shading and uneven roof conditions, making the product ideal for commercial rooftops with HVAC obstructions, skylights, and multi-tenant layouts. Enphase microinverter systems can reduce long-term operational costs for asset owners by eliminating single points of failure in the installation, providing easy replacement support, and improving fleet visibility with per-panel monitoring via the Enphase App.
The IQ9N-3P Commercial Microinverter will be made with domestic content in U.S. manufacturing facilities, helping solar projects meet key federal requirements and qualify for current domestic content bonus tax credits. This will also allow the commercial microinverters to comply with the current Buy America Act and Build America, Buy America Act, enabling the products to be used in federal infrastructure projects.
In order to function properly, the IQ9 Commercial Microinverters must be connected to the IQ Gateway Commercial Pro, which serves as the communication and control hub for Enphase commercial systems. Designed to be smart, simple, and reliable, the gateway provides web-based real-time monitoring, energy management, remote firmware updates, and advanced grid features such as export limiting. It offers flexible connectivity options and easy setup through the Enphase Installer App.
“The IQ9N-3P Microinverter opens up the vast 480 V commercial market segment with a breakthrough design powered by gallium nitride, a wide-bandgap semiconductor widely used in advanced radar systems and increasingly adopted in medical power and imaging electronics,” said Aaron Gordon, senior vice president and general manager of the systems business unit at Enphase Energy. “By bringing this innovation to commercial energy management – and manufacturing it in the United States to help projects qualify for key federal requirements and tax credits – we are giving asset owners a solution that offers Enphase’s bankability, an industry-leading 25-year warranty, and proven reliability that’s already powering nearly five million solar energy systems across the globe.”
The IQ9N-3P Microinverter is backed by an industry-leading 25-year limited warranty, while the IQ Gateway Commercial Pro comes with a 15-year limited warranty. Both products are available for pre-order now in the U.S. through Enphase distribution partners, with production shipments expected to begin in December 2025. Contact your Enphase sales representative for more information.
Enphase will showcase both the IQ9N-3P Commercial Microinverter and IQ Gateway Commercial Pro at RE+ 2025, taking place Sept. 8-11, 2025, at the Venetian Expo and Caesars Forum in Las Vegas, Nevada. Attendees can see the product and meet with the Enphase team at Booth F17702 inside Caesars Forum, featuring the Enphase Training Van.
In addition, Enphase will highlight several other product innovations at RE+, including the new 4th-generation Enphase Energy System with the IQ®Battery 10C, IQ Combiner 6C, and IQ® Meter Collar. The IQ EV Charger 2 and IQ PowerPack 1500 portable energy system will also be on display.
Enphase Energy | https://investor.enphase.com
Expro (NYSE: XPRO), a leading provider of energy services, achieved a world record by deploying the heaviest casing string to date, using its advanced Blackhawk Gen III Wireless Top Drive Cement Head with SKYHOOK technology. The record was achieved on a significant project in the Gulf of America for a super major.
The operation, conducted aboard the Transocean Deepwater Titan - an 8th-generation ultra-deepwater drillship - set a new benchmark in deepwater well construction. With a maximum hook load of 2.849 million pounds, the casing deployment exceeded all prior offshore records.
This deployment reaffirms Expro’s commitment to innovation and excellence in offshore well construction. The Gen III cement head with SKYHOOK now stands as the only three million pound combined rated cementing system in the industry, designed to deliver unmatched safety, efficiency, and reliability in the most extreme offshore environments.
The Expro BLACKHAWK Gen III Top-Drive Cement Head is optimal for rotating while cementing drill pipe-deployed casing strings or liners. When combined with the SKYHOOK Cement Line Make-Up Device, the wireless cement heads enhance the safety of cementing operations by eliminating the need for personnel above the rig floor and improves rig efficiency.
Expro’s Blackhawk Gen III cement head, engineered for full pressure and tensile capacity - 15,000 psi and three million pounds, respectively - was instrumental in enabling this feat. Unlike other systems that require derating under high-pressure conditions, the Gen III system maintained full performance and structural integrity throughout the operation.
The operator’s project stands among the world’s most technically demanding well construction campaigns. Facing casing high tensile hook loads resulting from deep casing set points, the operation demanded a cementing solution engineered for extreme conditions. Expro leveraged its engineering expertise to deliver a bespoke, high-capacity cement head purpose-built for the operator’s campaign.
“This deployment marks a step-change in offshore cementing, setting a new standard for ultra deep high pressure targets,” said Jeremy Angelle, VP of Well Construction of Expro.
“We are extremely proud to have supported this operator in achieving this critical milestone with a robust, high-performance cement head that delivered safely and reliably under record-setting loads.”
Expro | http://www.expro.com
Ampt, the #1 DC optimizer company for large-scale photovoltaic (PV) systems, announced the use of its String Optimizers in a portfolio of utility-scale PV projects that mix PV modules from different manufacturers to achieve the lowest cost-structure. Blending modules in PV power plants gives developers supply chain flexibility to adapt to changing U.S. market policies such as new tariffs and domestic content requirements.
The portfolio of projects, developed and owned by a major U.S. utility, started deploying earlier this year. The systems mix PV modules from different manufacturers on the same inverter. This practice, also known as module blending, is not normally done because the PV modules have different output characteristics, which would cause performance problems and risk damaging modules when mixed together. The utility chose to use Ampt String Optimizers to eliminate these issues.
Ampt String Optimizers are DC/DC converters that perform maximum power point tracking (MPPT) on each string of PV modules to eliminate electrical mismatch losses between strings and increase lifetime production. In addition to solving the performance issues in blended module systems, Ampt also reduces module degradation rates and prevents reverse-current flow that might otherwise harm modules and void warranties. Ampt optimizers have the flexibility to deploy on all or some of the modules on an inverter to achieve the lowest cost-structure.
At an industry level, developers in the U.S. are facing significant headwinds to source PV modules amid shifting market conditions. Domestic content rules are tightening supply, tariffs are driving up costs, and the One Big Beautiful Bill Act (OBBBA) restrictions on Foreign Entities of Concern (FEOC) are threatening solar project tax credit eligibility based on the PV module country of origin. Blended module system designs help overcome these challenges to preserve solar project economics and meet construction deadlines.
Ampt has over a decade of experience enabling blended module deployments in repowering applications where solar operators upgrade sections of old PV systems with new modules after weather events or to address declining output. Today’s announced portfolio of projects uses this same approach with Ampt as an intentional design choice in new-build power plants.
“Our customer’s safe harbor strategy created the need to integrate modules from multiple manufacturers, and this portfolio demonstrates how Ampt technology makes that possible,” said Mary Adam, VP Global Sales. “By enabling supply chain flexibility and lowering system costs, we’re helping to deliver projects that meet both economic and operational goals.”
Ampt anticipates an increasing need for mixed-module designs from U.S. project developers and owners.
"Last quarter, Ampt added over a gigawatt of utility-scale PV systems in the U.S. that are under design by customers to reduce electrical balance of system costs and improve performance using String Optimizers,” said Aaron Gomolak, Ampt CEO. "While these systems are not currently designed with blended module arrays, our programmable optimizers provide customers with the flexibility for late-stage changes in module choice to respond to new market conditions.”
Ampt will be exhibiting at RE+ in Las Vegas, Nevada, from September 9-11. Visit Ampt at booth #V8549 to learn more about how Ampt solutions lower the cost of solar energy in utility-scale power plants, including those benefiting from blended PV module designs. To set up an appointment, contact Ampt at [email protected].
Ampt | www.ampt.com
With its new automotive product portfolio, VARTA demonstrates its ability to shape the future by adding several new types to the portfolio: The H3/L0 – VARTA AGM and H9/L6 – VARTA EFB for passenger cars. For heavy commercial vehicles, Clarios added a case A in the EFB technology to the VARTA Promotive Portfolio. Size B in AGM technology will follow towards the end of the year.
The automotive market is currently at a crossroads: Sales of fully electric vehicles are falling short of projections, while vehicles equipped with combustion engines as well as hybrid and plug-in hybrids models continue to maintain their market share. Regardless of the powertrain, VARTA AGM batteries reliably support the evolving powertrains with robust low-voltage performance including improved energy efficiency and extended lifespan.
Clarios, the global leader in low-voltage battery solutions and owner of the brand VARTA in the automotive sector, is the number one original equipment manufacturer (OEM) supplier for all major brands. Approximately 60% of all new vehicles (including xEVs) in Europe are equipped with a Clarios battery. The VARTA portfolio, developed in collaboration with significant OEM partners, covers 99% of the market. Continuous advancements to expand the range ensure that stable market coverage is further enhanced.
New EFB H9 and AGM H3 will better support start-stop, hybrid and EVs as these types deliver superior performance in demanding conditions, to help ensure new vehicles operate efficiently and reliably.
The truck segment is still dominated by the internal combustion engine although the electric truck is on the rise. VARTA AGM batteries continue to be the preferred choice for both powertrains. With AGM technology, these batteries are revolutionizing the trucking industry by reducing idling times, thereby lowering costs, fuel consumption, and CO2 emissions. TÜV Nord recently demonstrated significant efficiency gains of AGM batteries compared to SHD batteries. AGM batteries allow reducing idling time by 73%, resulting in substantial fuel savings. Over the course of 50 weekends, these savings amount to:
In fully electric commercial vehicles, AGM batteries play a critical role in supporting the low-voltage onboard electrical architecture. The 24-volt onboard system remains an essential component that seamlessly integrates into the new wave of electric vehicles. Low-voltage batteries power the vehicle's electrical system, ensuring that functions such as lighting, braking, steering, and cabin systems operate properly even in the event of a high-voltage system failure. Charged AGM batteries are a prerequisite for starting the electric powertrain.
With the newly introduced batteries, VARTA adds to its series of product launches this year. In the spring, the company unveiled new EFB H9 and AGM H3 batteries for the passenger car segment. At the same time, it expanded its ProMotive range in the commercial vehicle sector with the EFB A-Type, specifically designed to support modern low-voltage systems in trucks and commercial vehicles. The new AGM B-Type follows the same design approach and will further optimize performance and reliability.
VARTA | https://www.varta.com/
At RE+ 2025 in Las Vegas, SOLV Energy ("SOLV") announced the continuing expansion of its services for solar, energy storage and transmission and distribution (T&D) with the acquisitions of Spartan Infrastructure ("Spartan") and SDI Services ("SDI"). SOLV acquired Spartan, a leading high-voltage transmission contractor, in June 2025. The acquisition of Spartan enhances SOLV's ability to self-perform complex T&D work and meet growing demand for transmission infrastructure. Spartan recently formed a 35kV overhead crew to support SOLV's solar capabilities—aligning with an industry-wide shift toward overhead AC collection systems for greater efficiency and scalability. Spartan's longstanding utility partnerships also open new customer segments and revenue opportunities for SOLV. SOLV acquired SDI, a national foundational drilling and pile installation specialist for solar and T&D projects, in January 2025. Together, these acquisitions strengthen SOLV's ability to execute complex projects in diverse environments, drive technical innovation and deliver integrated solutions that create long-term value for the company's customers.
SOLV Energy has also expanded its national reach with the integration of CS Energy, a leading solar EPC in the Northeast and Mid-Atlantic regions. Effective immediately, CS Energy will operate under the SOLV Energy brand—strengthening SOLV's presence in key markets and combining regional expertise with national scale. SOLV is now active in all U.S. ISOs with more than 1 GW of installed and awarded EPC capacity in nearly every market.
The expanding scope of SOLV's capabilities is underscored by the growing number of developers and independent power producers that are partnering with the company, including leading clean energy companies such as Clēnera, Clearway, Pine Gate Renewables, Arevon, Deriva Energy, DESRI, and Sol Systems. Recognized by both Engineering News Record and Solar Power World as one of the nation's top solar and energy storage contractors, SOLV Energy continues to demonstrate superior scale, geographic reach and technical expertise.
"SOLV Energy's performance this year reflects the strength of our partnerships and the trust our customers place in our ability to deliver at scale," said George Hershman, CEO of SOLV Energy. "We're proud to offer full lifecycle support—from development through long-term operations—while building lasting relationships with our partners and the communities we serve. RE+ is the best opportunity to come together as an industry, share ideas and solve the challenges that lie ahead. We're excited to be part of that conversation."
SOLV Energy CEO George Hershman will speak on the Main Stage at RE+ 2025 during the Executive Roundtable on the Future of Renewable Energy, taking place Tuesday, September 9 from 10:30 to 11:30 AM. He'll join other industry leaders to talk about the challenges ahead and how companies like SOLV Energy are shaping the future of energy infrastructure.
SOLV Energy | https://www.solvenergy.com/
Solar Sep 15, 2025
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