Nevada

Energy Vault and NV Energy commission 440MWh Nevada BESS in 'compressed schedule'

Published

2 years ago

April 25, 2024

Energy Vault and NV Energy commission 440MWh Nevada BESS in 'compressed schedule'

The BESS will help NV Energy manage peak demand periods on the grid. The utility, the largest public one in the state, will operate the project which utilises Energy Vault’s BESS hardware and software including its energy management system (EMS) Vault-OS.

Energy Vault described the construction process as a ‘compressed schedule’ while Jimmy Daghlian, VP renewables, NV Energy commented:

“The overall construction process moved very quickly – which allowed us to bring the project in service for our customers ahead of schedule and ahead of the hot summer months. We appreciate Energy Vault’s problem-solving spirit, commitment, and partnership in bringing this project to life.”

NV Energy was revealed as the owner of the project in December 2022 and construction started in Q2 2023. It is owned by investment firm Berkshire Hathaway, and readers may be familiar with it as one of the main offtakers for the Gemini solar-plus-storage project, one of the world’s largest.

Energy Vault is primarily known for its gravity-based long-duration energy storage (LDES) technology EVx, for which it is close to commissioning its first commercial project in China. The company moved into short-duration with BESS and multi-day LDES with green hydrogen because of a slow take-up of LDES technologies, CEO Rob Piconi explained in an interview last year (Premium access).

Source link

Click to comment

Nevada

Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for $46 Million

Published

9 hours ago

February 27, 2026

Press Room

Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for Million

A waterfront mansion on the Nevada side of Lake Tahoe just sold for $46 million, less than three weeks after hitting the market.

The speedy deal marks a departure from the typical U.S. market.

Nationwide, homes took a median 78 days to land a buyer in January, five more than the same time last year and the 22nd straight month of homes taking longer to sell on a year-over-year basis, according to data from Realtor.com.

Mansion Global Boutique: Book Lovers Rejoice: 8 Must-Haves To Build Your Perfect Reading Nook

The lavish log cabin-like residence, in Incline Village, listed on Jan. 24 for $47.5 million. It sold 20 days later, on Feb. 13, listing records show.

The more than 7,000-square-foot residence was built in 2014, and has double-height living spaces, walls of windows, beamed ceilings, fireplaces, and plenty of rustic exposed stone and wood, listing images show.

There’s also a gym, a wet bar, a spa, a wine room, an office, two separate game rooms, seven bedrooms and dramatic Lake Tahoe views. Outside, there’s a private sandy beach, multiple decks, a heated driveway and two exterior fireplaces, according to listing information.

MORE: Visited by Kings and Larger Than Manhattan, Giant Scottish Estate Asks £67 Million

The seller and the buyer are both limited liability companies, according to property records. Both parties were represented by Jeff Brown of Tahoe Mountain Realty, who declined to comment on the deal.

The median home price in Incline Village was $1.595 million as of December, a fall of 3.3% from a year earlier, according to data from Realtor.com. Listings, meanwhile, spent an average of 130 days on the market.

Source link