Energy Vault to go public in SPAC deal
Westlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →
Energy storage firm puts another $100M in venture capital in its vault
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Tri-Counties will get 1,000 new vehicle charging stations
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Oxnard powers up with region’s biggest battery facility
One of the largest energy storage facilities in the United States was unveiled to the public on June 29, as Oxnard and Ventura County residents, politicians, and business leaders gathered to see the 100-megawatt battery storage system in action. The facility, the Saticoy Energy Storage Site, works by capturing energy during the day when the Read More →
Morro Bay stacks could go up in smoke under new agreement with battery project developer
The city of Morro Bay and Vistra Energy have reached an agreement that smoothes out several roadblocks that stood in the way of Vistra’s proposal to build the world’s largest battery storage facility on the Central Coast. Vistra and city staff members reached a memorandum of understanding that was approved by the Morro Bay City Read More →
Cal Poly study: Morro Bay wind power could bring thousands of jobs
A wind farm off the coast of Morro Bay could bring 650 jobs and $262 million in annual economic impact to the Central Coast, and an onshore port to assemble and service wind turbines would be a much bigger economic boost, according to a new study by researchers from Cal Poly San Luis Obispo. The Read More →
Dubroff: Wind, batteries could replace nuclear power on Central Coast
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