Energy Vault Holdings, Inc.
NRGVEnergy Vault Holdings, Inc. is a company that develops and deploys large-scale, grid-scale energy storage solutions utilizing sustainable materials and gravity-based technology. Its systems aim to provide efficient, renewable energy storage to support the stability and reliability of power grids worldwide.
Company News
Energy Vault reported Q3 2025 earnings with significant revenue growth of 27x compared to 2024, but continues to operate at a loss. Despite missing earnings expectations, the stock rose due to strong revenue performance and management's optimistic guidance.
Energy Vault Holdings secured a $50 million corporate debenture financing to support energy storage project development, complementing a previously announced $300 million preferred equity investment for its 'Asset Vault' subsidiary.
Energy Vault has acquired the 125 MW Stoney Creek Battery Energy Storage System in Australia, expanding its global energy storage portfolio. The project aims to enhance grid stability and support renewable energy integration in New South Wales.
Energy Vault shares surged after announcing a $350M deal for a 1,000 MWh battery energy storage system in Australia. The project aims to improve grid stability and enhance renewable energy efficiency, with Energy Vault as the turnkey partner.
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