10:01 AM EST, 12/30/2024 (MT Newswires) -- Ormat Technologies ( ORA ) said Monday its Montague energy storage facility has started commercial operations.
The 20 megawatt/20 megawatt hour battery energy storage system in New Jersey will provide ancillary services on the merchant market to Pennsylvania, New Jersey and Maryland, Ormat ( ORA ) said.
The project is expected to be eligible for a 30% investment tax credit, the company said.
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