Energy Vault awarded energy service agreement by AusEnergy Services

Energy Vault (NRGV) announced the Ebor Battery Energy Storage System has been awarded a long-term energy service agreement by AusEnergy Services. Located in Ebor, within the New England Region of New South Wales, the 100 MW / 870 MWh project will provide 8 hours of dispatchable capacity. The facility will play a role in advancing NSW’s renewable energy targets by providing essential grid firming capacity as aging coal generators retire. The system will charge during periods of excess renewable generation and discharge during peak demand, directly supporting the state’s transition to a decarbonized grid. Subject to obtaining the necessary contractual and regulatory approvals, Energy Vault plans to exercise its option to acquire the project. Under its exclusive agreement, Bridge Energy will partner with Energy Vault to bring the project to development completion. The Ebor BESS will then be built, owned and operated by Energy Vault under the Asset Vault platform.