$NRGV: Another CA Collaboration 275 MWh

Energy Vault, Wellhead Electric and W Power Announce Agreement for 275 MWh Energy Storage Project in Southern California

https://finance.yahoo.com/news/energy-vault-wellhead-electri…

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:pushpin: Energy Vault, Wellhead Electric and W Power to deploy 68.8 MW (275.2 MWh) battery energy storage system at W Power Energy Reliability Center in Stanton, California. The Stanton ESS will be one of the largest energy storage systems in southern California and will be built on Energy Vault Solutions’ (EVS) proprietary system design and EVS’ Energy Management Software.

:pushpin: Wellhead Electric has also selected Energy Vault, as preferred integrator, for two additional hybrid energy storage projects in Southern California.

:pushpin: This contract reflects the successful and rapid execution of the EVS technology-agnostic integration and software strategy, as previously announced in Q4 2021, to provide customers with the most flexible and cost-effective energy storage solutions regardless of the underlying storage and generation technology.Energy Vault, Wellhead Electric and W Power to deploy 68.8 MW (275.2 MWh) battery energy storage system at W Power Energy Reliability Center in Stanton, California. The Stanton ESS will be one of the largest energy storage systems in southern California and will be built on Energy Vault Solutions’ (EVS) proprietary system design and EVS’ Energy Management Software.

Energy Vault will begin deployment immediately in 2022 of a 275.2 MWh battery storage project at W Power’s Energy Reliability Center in Stanton, California. The project is on an accelerated timeline to meet critical power needs for southern California and is expected to be completed in mid-2023. Energy Vault will also support W Power and Wellhead with development and deployment of future energy storage projects in California representing approximately 600 MWh+ of additional capacity in the near term.

The system will be built on Energy Vault Solutions’ (EVS) proprietary integration platform and powered by EVS’ energy management software. The EVS platform, which was introduced in Q4 2021, leverages the most advanced software architecture and optimization algorithms, and enables the integration and orchestration of multiple energy assets under a multitude of use cases. Together with the Company’s existing sustainable long duration gravity energy storage technology offering, Energy Vault continues to advance the global transition to a carbon-free, resilient power grid.