Energy Vault (NRGV) announced that the Calistoga Resiliency Center has received approval from the California Public Utilities Commission to pursue market-based participation in the California Independent System Operator energy and ancillary markets. This approval, coupled with the recent execution of a large generator interconnection agreement, ensures the eligibility of the CRC to offer grid services to the larger grid following the completion of distribution upgrades. Together, these developments represent a milestone marking a major step forward in the deployment of clean, resilient, and economically optimized energy infrastructure.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NRGV:
- Energy Vault Secures $18 Million for Texas BESS
- Energy Vault Launches Cross Trails Battery System
- Energy Vault starts commercial operation of Cross Trails BESS in Texas
- Energy Vault Expands Battery Storage with Jupiter Power
- Energy Vault to supply additional battery energy storage system at Jupiter site
