AES acquires 2GW US solar-storage project

The AES Corporation has acquired the 2GW Bellefield project, the largest permitted solar-plus-storage project in the US, which is currently in late-stage development.

Located in Kern County, California, the project is being developed in two phases, each with 500MW of solar and up to 500MW of four-hour duration battery energy storage.  

Phase one of the Bellefield project has a 15-year Power Purchase Agreement (PPA) to deliver hourly  energy to an “existing AES corporate customer”.  AES expects to contract up to an additional 1 GW of solar-plus-storage in phase two of the Bellefield project by the end of 2023.  The two phases of the project were developed by the seller, Avantus, and are expected to come online in 2025 and 2026, respectively.

‍