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NEWSROOM / INDIA

2025

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Energy Vault Advances ‘Own & Operate’ Growth Strategy in Australia with Award of New South Wales Long-Term Energy Service Agreement (LTESA) for 125 MW, 1.0 GWh Stoney Creek BESS

LTESA award secures up to 14 years of project revenue support to complement the expected project merchant revenues Previously announced 1 GWh and AUD $350 million (~USD $220 million) BESS energy storage system confirmed as 8-hour duration, making it one of the