Swedish wind pioneer Eolus buys 500MW/250MW US solar-plus-storage project

LinkedIn
Twitter
Reddit
Facebook
Email
Image: Eolus.

Sweden’s first commercial wind power developer Eolus has entered the US solar-plus-storage market, announcing the acquisition of a mega-project currently in development.

Founded in 1990, the company has been listed on the Nasdaq Stockholm Stock Exchange since 2015, surpassing 1GW of onshore wind turbine assets developed in Sweden shortly after that. Eolus, via its Eolus North America subsidiary has now bought a vast project in the Western US, combining a “planned capacity” of 500MW of solar PV with 250MW of energy storage.

While the project and the location are unnamed, Eolus said the project “has an interconnection queue to deliver power to California”. It has an estimated completion date in 2022, when it should also begin commercial operation. The current developer of the project selling the project to Eolus North America has also not been named.

Energy-Storage.news contacted Eolus’ Swedish headquarters for clarification and further details, but a spokesman was unavailable at time of publication. The company certainly has a track record of developing wind projects in its homeland which it has taken to the US, including the acquisition of two projects in Nevada, one of which has a potential for 200MW to 600MW of turbines, according to the company.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Energy-Storage.news understands that an interconnection application was made for the 250MW storage portion of the project by developer Gateway Energy Storage LLC. The request, made to the Federal Energy Regulation Commission (FERC) in mid-August, is for an order directing California investor-owned utility (IOU) San Diego Gas & Electric (SDG&E) to allow the storage system’s output to interconnect with transmission operator CAISO’s networks. The request makes it clear that the facility would be battery energy storage, although technology type was not specified.

“We are excited at the opportunity to develop a utility-scale solar project paired with battery storage that aims to fill the growing demand for low-carbon firm renewables in the U.S. It indicates our commitment to expanding into new technologies and to be responsive to emerging energy market signals,” Hans-Christian Schulze, Eolus North America country manager said.

“Energy storage is becoming increasingly important in enabling grid networks to match supply and demand fluctuations of electricity and to increase grid stability. The more variable low-cost power production such as wind and solar, the greater potential for it to be complemented with large-scale energy storage solutions.”

Additional reporting by John Parnell.

Read Next

September 5, 2025
South Korean company SK On has entered the US BESS market with LFP batteries, securing a supply contract with Flatiron Energy Development.
September 5, 2025
Energy-Storage.news proudly presents our sponsored webinar with Qcells + Geli, on modelling and realising maximum profits from commercial & industrial (C&I) battery storage systems.
September 4, 2025
In a double-hit of Texas news, Ormat is commencing operations at its Lower Rio facility, Engie is partnering with Prometheus Hyperscale to power data centres.
September 3, 2025
During the morning of 30 August 2025, the California Department of Forestry and Fire Protection (CAL FIRE) responded to a possible vegetation fire in the area of independent power producer (IPP) Arevon Energy’s California Flats solar-plus-storage project.
September 2, 2025
Energy-Storage.news speaks with Karina Hershberg, Associate Principal at engineering firm PAE Engineers, on integrating microgrids with sustainable building design.

Most Popular

Email Newsletter