Fourth annual report highlights industry-leading achievements and milestones
SCOTTSDALE, Ariz., June 18, 2025 /PRNewswire/ -- Arevon Energy, Inc., a leading American energy developer, owner, and operator, has released its 2024 Sustainability Report, highlighting a year of meaningful progress in environmental performance, health and safety, and corporate governance.
"At Arevon, sustainability isn't a side initiative — it's the foundation of how we build, operate, and lead," said Kevin Smith, Chief Executive Officer at Arevon. "In 2024, we grew our renewable energy portfolio while redefining what responsible growth looks like. We scaled domestic energy generation, strengthened our ties with communities, advanced circular practices like solar panel recycling, and deepened our commitment to a diverse, inclusive, future-ready workforce. These achievements reflect more than progress — they reflect our unwavering focus on long-term impacts: for people, the planet, and the resilience of our energy future."
Our 2024 Sustainability Report underlines a year of strong performance, innovation, and industry recognition across climate, culture, and governance.
Arevon was ranked No. 1 in North America and No. 2 globally in GRESB's Renewable Energy Benchmark, and received multiple national awards for workplace culture; diversity, equity, and inclusion (DE&I) leadership; and environmental, social, and governance (ESG) performance, including recognition from Energage as a Top Workplace and DE&I Practices Winner.
Operationally, Arevon generated 6.5 million megawatt-hours of renewable electricity in 2024, avoiding 4.6 million metric tons of CO₂, while expanding its operating portfolio to 4.5 gigawatts and securing $2.4 billion in new project financing.
Arevon further embedded ESG practices across its planning, procurement, and operations divisions. As a result, the company recycled more than 11,800 solar panels, diverting more than 600,000 pounds of waste.
On the people front, the percentage of women in leadership positions increased from 25% to 35%. Arevon also launched new mentorship and tuition reimbursement programs for its employees and its health and safety program made significant strides with new initiatives, training, and emergency preparedness programs, ensuring a safer, more prepared workforce. Notably, Arevon earned silver certification in the Solar Energy Industries Association's (SEIA) Diversity, Equity, Inclusion, and Justice (DEIJ) Program, recognizing its ongoing commitment to and success in fostering an inclusive and diverse workplace.
Additionally, Arevon contributed more than $57 million in economic benefits, which includes state taxes, local jurisdiction taxes, payments to landowners, and charitable contributions.
Governance advances included a new vendor platform for ESG tracking, strengthened ethics and compliance policies across the organization, and the establishment of a Finance Center of Excellence to drive transparency and cost efficiency.
Arevon's full 2024 Sustainability Report is available here.
About Arevon Energy, Inc.
Arevon is a U.S. energy leader committed to powering America with affordable, reliable, and secure homegrown energy. Headquartered in Scottsdale, Arizona, and with a regional office in New York City, the company's experienced and dedicated staff develops, finances, builds, owns, and operates renewable energy projects nationwide. With a strong track record in utility-scale solar and energy storage, Arevon is a trusted partner to utilities and businesses seeking cost-effective, sustainable energy solutions. By prioritizing American manufacturing and domestic energy production, the company invests in U.S. jobs, strengthens local economies, and advances the country's energy independence.
Arevon owns and operates more than 4.5 gigawatts (GW) of solar and energy storage projects across 17 states, representing more than $9.3 billion in capital investment, and is constructing an additional 1.9 GW of new capacity. The company also partnered with local utilities to develop and build 480 megawatts of solar energy, ensuring each project was successfully integrated into their communities. Over the past 18 months, Arevon has completed more than $3.8 billion in project financings. With a 6 GW development portfolio and continued investment in new projects, Arevon is solidifying its role as a leader in powering an American energy future. For more information, visit arevonenergy.com.
SOURCE Arevon
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