Energy Vault Holdings Inc. Secures CPUC Approval for Calistoga Resiliency Center's Participation in CAISO Market

Reuters

07/31

Energy Vault Holdings Inc. Secures CPUC Approval for Calistoga Resiliency Center's Participation in CAISO Market

Energy Vault Holdings Inc. has announced that its Calistoga Resiliency Center $(CRC)$, the world's largest clean microgrid, has received approval from the California Public Utilities Commission (CPUC) to participate in the California Independent System Operator (CAISO) energy markets. This regulatory approval allows the CRC to unlock new revenue streams by offering grid services in California's wholesale electricity market. The CRC, fully owned and operated by Energy Vault, is supported by a recent $28 million financing close, including the sale of the project's Investment Tax Credit. This development marks a significant milestone for Energy Vault, enhancing the financial value of the project and demonstrating the effectiveness of its advanced technologies, including the H-VAULT™ energy storage system and Vault-Bidder™ AI platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250731454783) on July 31, 2025, and is solely responsible for the information contained therein.

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Secures CPUC Approval for Calistoga Resiliency Center's Participation in CAISO Market","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Energy Vault Holdings Inc. Secures CPUC Approval for Calistoga Resiliency Center's Participation in CAISO Market\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Energy Vault Holdings Inc. has announced that its Calistoga Resiliency Center <a href=\"https://laohu8.com/S/CRC\">$(CRC)$</a>, the world's largest clean microgrid, has received approval from the California Public Utilities Commission (CPUC) to participate in the California Independent System Operator (CAISO) energy markets. This regulatory approval allows the CRC to unlock new revenue streams by offering grid services in California's wholesale electricity market. The CRC, fully owned and operated by Energy Vault, is supported by a recent $28 million financing close, including the sale of the project's Investment Tax Credit. This development marks a significant milestone for Energy Vault, enhancing the financial value of the project and demonstrating the effectiveness of its advanced technologies, including the H-VAULT™ energy storage system and Vault-Bidder™ AI platform.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Secures CPUC Approval for Calistoga Resiliency Center's Participation in CAISO Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-31 20:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Energy Vault Holdings Inc. Secures CPUC Approval for Calistoga Resiliency Center's Participation in CAISO Market\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Energy Vault Holdings Inc. has announced that its Calistoga Resiliency Center <a href=\"https://laohu8.com/S/CRC\">$(CRC)$</a>, the world's largest clean microgrid, has received approval from the California Public Utilities Commission (CPUC) to participate in the California Independent System Operator (CAISO) energy markets. This regulatory approval allows the CRC to unlock new revenue streams by offering grid services in California's wholesale electricity market. The CRC, fully owned and operated by Energy Vault, is supported by a recent $28 million financing close, including the sale of the project's Investment Tax Credit. 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ID: 20250731454783) on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NRGV","symbol_name":"Energy Vault Holdings, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nNDL3dsDvT:1","article_id":"2555388628","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555388628","pubTimestamp":1753963253,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Energy Vault Holdings Inc. has announced that its Calistoga Resiliency Center , the world's largest clean microgrid, has received approval from the California Public Utilities Commission  to participate in the California Independent System Operator  energy markets. 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This regulatory approval allows the CRC to unlock new revenue streams by offering grid services in California's wholesale electricity market. The CRC, fully owned and operated by Energy Vault, is supported by a recent $28 million financing close, including the sale of the project's Investment Tax Credit. This development marks a significant milestone for Energy Vault, enhancing the financial value of the project and demonstrating the effectiveness of its advanced technologies, including the H-VAULT™ energy storage system and Vault-Bidder™ AI platform.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. 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