Global Infrastructure SherpaNuvve New Mexico to deploy and operate battery energy storage systems for Kit Carson Electric Cooperative
Nuvve New Mexico will develop two 5-megawatt / 20-megawatt-hour battery systems designed to provide peak load mitigation, grid resiliency, and market participation through the Western Energy Imbalance Market (WEIM) via Guzman Energy and the PNM Balancing Authority Area.
Source Intelligence
The project will operate under a Battery-as-a-Service (BAAS) model. Quote: "Battery-as-a-Service (BAAS) model at two separate locations in northern New Mexico." KCEC serves approximately 30,000 meters across Taos, Colfax, and Rio Arriba Counties in northern New Mexico. Quote: "Kit Carson Electric Cooperative is a member-owned rural electric cooperative serving approximately 30,000 meters across Taos, Colfax, and Rio Arriba Counties in northern New Mexico."
"Kit Carson Electric Cooperative, Inc. (KCEC) has selected Nuvve New Mexico, LLC"
"Nuvve New Mexico, LLC , a subsidiary of Nuvve Holding Corp. (Nasdaq: NVVE) , to deploy and operate advanced battery energy storage systems"
"Nuvve New Mexico, LLC , a subsidiary of Nuvve Holding Corp."
"through the Western Energy Imbalance Market (WEIM) via Guzman Energy and the PNM Balancing Authority Area"