There can be no assurance that efforts to develop the Bloomsbury, NJ site for 20 megawatts will be successful. There are numerous financing and regulatory and timing hurdles involved with any project, and HVW does not have its own capital necessary to satisfy the financing needs to complete these projects at this time and will have to obtain financing through third parties, of which there can be no assurance.
Well....actually the PJM website told us(anyone who cares) that the application was in and the Feasibility Phase was started on September 28th, 2019. The PR came out after that. So...you are probably wrong again, but I digress.
PJM operates the grid for which the Warren Glen Storage Project would be a part of. They have to join that grid. There are no other options.
Now before you all go and tell me I'm wrong, please understand that PJM operates the grid for which they want to join. There are no other grids to be a part of and they can't just be a stand alone facility because they would have no way to provide electricity to anyone if they are not connected.