The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Energy Vault to start deploying 275MWh BESS in California; adds to existing pipeline

LinkedIn
Twitter
Reddit
Facebook
Email

Gravity-based energy storage company Energy Vault is to immediately begin deploying a previously-announced 275MWh battery energy storage system (BESS) project in California for Wellhead Electric and W Power.

The NYSE-listed company has signed an engineering, procurement and construction (EPC) contract with developers Wellhead Electric and W Power, it announced last week (8 September).

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The project was first announced in Energy Vault’s second quarter earnings release at the start of August, when it claimed it would see US$680 million of revenue over 2022 and 2023 combined.

It said in a press release it would ‘begin deployment immediately’ of the 68.8MW/272.5MWh at W Power’s Energy Reliability Center, a 98MW gas-fired facility in Stanton, and is expected to be completed in mid-2023. Called Stanton ESS, it will be one of the largest energy storage systems in southern California, the companies have claimed.

It will be based on the proprietary system design and Energy Management Software (EMS) from its Energy Vault Solutions (EVS) segment, which provides “technology-neutral’ energy storage solutions and is headed by John Jung, former CEO of battery storage and EMS pioneer Greensmith Energy until its acquisition by Wärtsilä in 2017.

Wellhead Electric has also selected the company as preferred integrator for two additional hybrid energy storage projects in the state, which appears to be a new announcement. Energy Vault said it will support Wellhead and W Power with the development and deployment of additional projects in California totalling over 600MWh of capacity in the ‘near term’.

The only other projects it has announced within the EVS segment are 220MW of solutions for Jupiter Power and 440MWh with an unnamed ‘large western US utility’.

W Power describes itself as a woman-owned business that develops and owns power generation facilities.

Robert Piconi, chairman and CEO of Energy Vault, commented on the Stanton ESS announcement: “This exciting project reflects our broad energy storage experience and capabilities across multiple underlying storage technologies while optimising energy density and performance requirements that was a key factor to meet Wellhead’s requirements.

Later adding: “Our EVS-enabled solutions are the natural complement to Energy Vault’s long-duration gravity storage capabilities which are being deployed globally in parallel, and a key component of our vision of being a leading energy storage technology partner to our customers that require innovation and creativity in dealing with the complexities of the grid.”

22 October 2024
New York, USA
Returning for its 11th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.

Read Next

April 17, 2024
Renewable energy developer-operator Arevon has entered into a long-term offtake agreement for a 250MW/1,000MWh battery energy storage system (BESS) in California with community choice aggregator (CCA) MCE.
April 17, 2024
Green Li-ion, a Singapore-headquartered startup, has put into operation what it claims is the first recycling facility in North America to turn black mass directly into precursor cathode active material (pCAM).
Premium
April 16, 2024
The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.
April 15, 2024
Mitsubishi Power Americas’ spinout BESS solution firm Prevalon has entered into a long-term supply deal with lithium-ion battery OEM Rept.
April 15, 2024
US utility Dominion Energy is seeking proposals for solar, wind and energy storage projects in the state of Virginia.

Most Popular

Email Newsletter