Developer-operators Jupiter Power and On.Energy have secured a combined c.US$100 million in project financing for standalone battery energy storage system (BESS) projects in the ERCOT, Texas market.
Battery storage operators in the ERCOT, Texas market have vociferously opposed the grid operator’s proposed rule changes around state of charge information and availability (NPRR 1186).
Energy Vault has secured a US licensing deal for its gravity energy storage technology and awards covering its other technologies there and in Southeast Asia, it said in its Q2 results.
Developer Jupiter Power has announced US$70.4 million in loan financing for two battery storage projects in ERCOT, Texas, arranged by First Citizens Bank.
Gravity-based energy storage company Energy Vault has announced another battery energy storage deal, agreeing to work with US developer Jupiter Power for 2.4GWh of systems.
Gravity-based energy storage company Energy Vault will deliver and optimise battery energy storage systems (BESS) totalling 220MWh for developer Jupiter Power in Texas and California.
