LS Power launches energy storage and renewable energy company Rev Renewables

Facebook
Twitter
LinkedIn
Reddit
Email
LS Power has set Rev Renewables up with an extensive portfolio of energy storage and renewables projects on its first day. Image: LS Power and Rev Renewables

US development and investment company LS Power has today announced the creation of Rev Renewable LLC, a new company focused on the development, acquisition and operation of energy storage and renewable projects.

It has been endowed on day one with a 2.4GW portfolio of operating storage, solar and wind projects, making it “one of the largest independent pure-play energy storage and renewables companies in the US today”, according to LS Power.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The portfolio includes: a California-based battery storage portfolio that is set to hit 615MW by the end of 2022 and includes ‘Gateway’, the world’s largest battery at 250MW when it went online in 2020; a 1,620MW storage hydro portfolio in the PJM interconnection area; wind assets with a capacity of 132 MW; and a portfolio of 25 solar power facilities spanning 14 states (467 MWdc/365MWac), which it acquired in June. Rev also said it has a “robust” project pipeline throughout the US.

“The rising demand for clean energy solutions presents a once-in-a-lifetime opportunity for Rev Renewables to deploy its human and capital resources into storage, solar and wind projects,” said Paul Segal, CEO of LS Power.

“Rev is the latest effort by LS Power to support the commercialisation and deployment at-scale of clean energy technologies.”

The new company will be led by CEO Ed Sondey and its executive suite is comprised of “industry experts with extensive experience across the power and energy sectors”, according to a company media release.

“I am excited to work with our impressive team to drive Rev’s continued expansion as we embark on this mission-critical journey to decarbonise our nation’s grid,” said Sondey.

Read Next

September 30, 2025
SynergyRED, a wholly owned subsidiary of Synergy, has submitted a development application for a 2GW hybrid renewable energy project in Western Australia's Mid-West Region.
September 29, 2025
Burns & McDonnell examines the outlook of the utility-scale solar sector amidst the latest policy and tariff changes.
September 29, 2025
Australia's CER has disclosed that 1.5GW of new renewable energy capacity in the NEM received authorisation in the second quarter of 2025.
September 26, 2025
Residential solar and energy storage could meet all the projected demand from US data centres over the next five years if tech companies invest in household energy infrastructure.
September 26, 2025
Global grids have failed to keep pace with renewable energy technologies and have become the “bottleneck of the energy transition”, according to a new policy report from the Global Solar Council (GSC).
September 25, 2025
Developer ACE Power and Osaka Gas Energy Australia have submitted plans for a 100MW solar-plus-storage project to Australia’s EPBC Act.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland