Energy Vault inks deal with Jupiter Power in US

Rendered image of Energy Vault technology in front of scenic mountains and wind turbines (energy vault jupiter)
Image: Energy Vault

Energy storage developer Energy Vault has inked a deal with Jupiter Power, a leading battery energy storage developer and owner/operator of utility-scale battery energy storage projects in the US.

Energy Vault will supply equipment, engineering, procurement, construction, balance of plant services and the energy management software for two of Jupiter’s battery energy storage projects.

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The projects include a 100MW/200MWh battery energy storage system near Fort Stockton, Texas, which will provide energy and ancillary services to ERCOT, and a 10MW/20MWh system in Carpinteria, California, to provide grid services through participation in the CAISO Resource Adequacy program as well as energy resiliency in Southern California. The projects will provide critically needed dispatchable capacity to these electricity markets and are expected to be completed in 2023.

The systems will utilise Energy Vault Solutions’ (EVS) proprietary integration platform and powered by EVS’ innovative energy management software platform, which started development nine months ago in November 2021. EVS leverages advanced software architecture and optimisation algorithms and enables the integration and orchestration of multiple energy assets under a multitude of use cases.

Related article: Energy Vault makes debut on New York Stock Exchange

“With today’s inaugural EVS-enabled battery energy storage projects announcement supporting a market leader in storage infrastructure and analytics like Jupiter, we are delivering on our comprehensive energy storage solutions strategy introduced just nine months ago,” Energy Vault chief commercial officer Marco Terruzzin said.

“We are seeing strong demand for our EVS-enabled energy storage solutions on a global basis due to the unique ability of our platform to integrate and deliver both short and long duration (EVx) energy storage technologies.”

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