1 GWh battery announced for Stoney Creek NSW by Enervest and Energy Vault

Energy Vault | 23 October 2024

Energy Vault, a Swiss company which initially entered international markets with gravity-based storage technologies before expanding into lithium batteries, has signed a $350 million (USD 234 million) agreement with Australian developer Enervest to deliver a 1 GWh lithium battery for a site in Stoney Creek, NSW.

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