Energy Vault Holdings has secured contracts for Jupiter Power’s two battery energy storage projects in the US..
As per the contracts, Energy Vault will provide equipment, engineering, procurement, construction, the balance of plant services, and energy management software for these projects.
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One of the projects is a 100MW (200MWh) battery energy storage system located near Fort Stockton, Texas.
This project will offer energy and ancillary services to ERCOT.
The other project is a 10MW (20MWh) system in Carpinteria, California. It will offer grid services via participation in the CAISO Resource Adequacy programme.
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These two projects will offer the required dispatchable capacity to the electricity markets in these regions.
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By GlobalDataAnticipated to finish in 2023, the two projects will see deployment of Energy Vault Solutions’ (EVS) integration platform besides being powered by its energy management software platform that began development last November.
Energy Vault chief commercial officer Marco Terruzzin said: “With today’s inaugural EVS-enabled battery energy storage projects announcement supporting a market leader in storage infrastructure and analytics like Jupiter, we are delivering on our comprehensive energy storage solutions strategy introduced just nine months ago.”
Jupiter Power chief technology officer Michael Geier said: “Jupiter is pleased to be working with Energy Vault to expand our existing battery energy storage portfolio with these two new projects.
“As the largest developer and operator of battery energy storage projects on the ERCOT grid, we see a strong need to continue to execute innovative storage solutions to help relieve grid strain. We are also excited to be building our first project in California, where grid conditions continue to demonstrate a strong need for additional battery energy storage capacity.”
In addition to having 654MWh of battery energy storage projects in operations or commissioning phase in Texas, Jupiter has over 11GW of projects in development in many markets across California to Maine.
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Image: The two projects are anticipated to finish in 2023. Credit: Bert Braet from Pixabay .
