Eolian Begins Construction on 200 MW Energy Storage Project in Ohio

Avantus announced that its Aratina 1 project has reached commercial operations, delivering 200 MW of solar and 500 MWh of energy storage to the California grid. The project is located in Kern County and will provide energy and capacity services to the CAISO market, supporting California’s reliability needs during evening ramp periods and summer peak events. Aratina 1’s COD adds to the growing inventory of operational solar-plus-storage assets in the CAISO footprint, which remains the most mature market for co-located renewable and battery projects in the United States. The project’s operational status also validates Avantus’ development and construction execution platform as the company continues to scale its portfolio.

European Energy has reached financial close on the 40 MW / 80 MWh co-located battery storage system at the Mokoan Hybrid Solar Farm in Victoria, with non-recourse financing provided by Deutsche Bank. The project was selected under Australia’s Capacity Investment Scheme (CIS), reflecting federal government backing for bankable renewable-plus-storage projects. Financial close on a non-recourse basis demonstrates the improving bankability of merchant-exposed or partially contracted BESS assets in the Australian market. The Mokoan project will provide dispatchable capacity to the Victorian grid, which faces growing evening peak demand and coal retirement timelines. This transaction adds to the growing evidence that Australian BESS projects are achieving investment-grade financing structures.