11:13 AM EDT, 06/11/2025 (MT Newswires) -- AES ( AES ) said Wednesday that it has completed construction of the Bellefield 1 project, a 1,000-megawatt solar and energy storage facility under a 15-year contract with Amazon ( AMZN ) .

Bellefield is being built in two phases, each phase including 500 MW of solar power and 500 MW of four-hour battery-based energy storage, for a total of 2,000 MW when both phases are finished, the company said.

Located in Kern County, California, the full Bellefield project will generate enough electricity to power 467,000 homes each year, and reduce over 1 million metric tons of carbon dioxide annually, the company said.

The construction of Bellefield 1 created over 700 union jobs, and up to 1,000 union jobs are expected during the peak construction period of Bellefield 2, the company said.

AES ( AES ) expects to recognize earnings from Bellefield 1 in H2, as planned. Construction of Bellefield 2 remains on schedule and is set to be completed in 2026, the company said.

AES ( AES ) shares were up 1% in recent trading.

Price: 11.43, Change: +0.14, Percent Change: +1.20