The 125 MW / 1,000 MWh Stoney Creek Battery Energy Storage System (BESS) is supported by a 14 year Long Term Energy Services Agreement (LTESA) as previously announced, adding a contracted long duration energy storage asset to Energy Vault’s balance sheet for predictable, long term revenue streams
Enabling a sustainable world with renewable energy.
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Press Release
Energy Vault Reports Fourth Quarter and Full Year 2024 Financial Results