Avantus sells its energy storage project in California
US-based Avantus announced that it has sold its ‘Big Rock I’ energy storage project in California to Gore Street Energy Storage Fund (GSF). The proceeds from the sale are not disclosed yet. The 200 MW energy storage system is expected to be one of the largest in the region and it is expected to become operational from next year. It aims to offer reliable power and provide resource adequacy and ancillary services to the California independent system operator market. The construction work for the Big Rock I project is due to begin in the second half of 2023.
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