Energy Vault reposted this
Energy Vault Holdings secured $28M in project financing for its Calistoga Resiliency Center, the world's first green #hydrogen #microgrid for Pacific Gas and Electric Company&E, marking a significant milestone in the company's growth strategy in energy storage assets. Read more here: https://fcw.sh/ubzPnG #EnergyStorage #GreenHydrogen #HydrogenNow #Sustainability
Rick Beuttel
1d
How is this green hydrogen? Delivered industrial cryogenic liquid hydrogen from merchant sources in the US with a diesel powered fleet? I expect that California electricity is so expensive anyway that this isn't as economically egregious as it might be in other states.
Experienced, results driven sales and operations executive with 25 years building and leading sales and operations teams in the industrial gas and hydrogen energy markets.
1dIt would be nice to understand the cost of the liquid hydrogen needed to make the economics work for this important application.