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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > California Utility Signs PPA with NextEra for Eight-Hour ESS
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Post by JohnnyUtah44 on Apr 11, 2023 1:01pm

California Utility Signs PPA with NextEra for Eight-Hour ESS

... Come on Exro, after the UL cert, get this ESS going...California utility Clean Power Alliance has inked a 15-year PPA with NextEra Energy Resources for an eight-hour duration energy storage project.

Clean Power Alliance (CPA) announced the long-term power purchase agreement (PPA) with energy giant NextEra Energy’s clean power arm last week (7 April). The PPA secures the offtake from NextEra’s 75MW, long-duration Desert Sands Energy Storage facility in Riverside County, California, starting in June 2026..

...So Much $$$$ being given out now they want to OVERBUILD,,,LMAO......
The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild instead of augment later, system integrators told Energy-Storage.news.

The standalone ITC, brought in as part of the Inflation Reduction Act and effective as of 1 January this year, has meant a significant uptick in developer interest in the US grid-scale energy storage market.

( GFFA) mo

Comment by u30822 on Apr 11, 2023 1:31pm
Lets hope there are a few crumbs left for us to pick up. Just another ducky day in exroville.
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