gridmatic

June 12, 2025
In Texas, two companies, Energy Vault, recognised for its gravity energy storage technology, and Agilitas, known for smaller-scale projects in the Northeastern US, have put utility-scale energy storage projects in the state into operation.
November 11, 2024
Optimiser Gridmatic and Energy Vault have entered into a 10-year deal for a BESS project in ERCOT, Texas, expected to be online by summer 2025.
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November 1, 2023
Amendments to rules for battery storage state-of-charge (SOC) in the ERCOT, Texas, market are ‘an improvement’ to the current ones but will still impact the ability of batteries to provide ancillary services, Gridmatic has said.
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August 10, 2023
US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.

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