Energy Vault announced it has signed contracts to supply equipment, engineering, procurement, construction, balance of plant services and the energy management software for two of Jupiter Power’s battery energy storage projects.
The projects include a 200-MWh energy storage system near Fort Stockton, Texas, which will provide energy and ancillary services to ERCOT, and a 20-MWh system in Carpinteria, California, to provide grid services through participation in the CAISO Resource Adequacy program as well as energy resiliency in Southern California. The projects will provide critically needed dispatchable capacity to these electricity markets and are expected to be completed in 2023.
The systems will use Energy Vault’s proprietary integration platform and will be powered by the company’s energy management software platform, which started development in November 2021. EVS leverages advanced software architecture and optimization algorithms and enables the integration and orchestration of multiple energy assets under a multitude of use cases.
“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,” said Marco Terruzzin, chief commercial officer of Energy Vault. “We are seeing strong demand for our EVS-enabled energy storage solutions on a global basis due to the unique ability of our platform to integrate and deliver both short and long duration (EVx) energy storage technologies.”
News item from Energy Vault
