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Partnerships
Energy Vault and NV Energy begin operations of 220 MW BESS system in Nevada
Alternative Energy
Apr 25, 2024
Older updates:
Partnerships
Geographic expansion
Energy Vault expands operations in Southern Africa
Alternative Energy
Jan 25, 2024
Partnerships
Energy Vault partners with KORE Power on major supply agreement
Alternative Energy
Aug 9, 2023
Earnings/results
Energy Vault’s Q1 2023 revenue drops 70% YoY
Alternative Energy
May 12, 2023
Earnings/results
Energy Vault reports Q4 2022 and full-year results
Alternative Energy
Mar 9, 2023
Earnings/results
Energy Vault’s operating loss up 545% YoY in Q3 2022
Alternative Energy
Nov 14, 2022
Partnerships
Energy Vault to deploy a 500 MWh BESS in Australia
Alternative Energy
Oct 27, 2022
Partnerships
Energy Vault to provide 2.4 GWh of supply chain equipment and services to Jupiter Power
Alternative Energy
Sep 28, 2022
Partnerships
Energy Vault partners with Jupiter Power
Alternative Energy
Aug 15, 2022
Earnings/results
Energy Vault’s Q2 2022 revenue drops 98% QoQ
Alternative Energy
Aug 8, 2022
Alternative Energy

Alternative Energy

Apr 25, 2024

Energy Vault and NV Energy begin operations of 220 MW BESS system in Nevada

Partnerships

  • Energy Vault, a Swiss NYSE-listed, gravity-based, long-duration energy storage company, has partnered with NV Energy, Nevada's largest public utility, to begin commercial operations of the 220 MW Reid Gardner Battery Energy Storage System (BESS) in Moapa, Nevada.

  • The 2-hour energy storage system is one of the largest in Nevada and is designed to store and dispatch excess renewable energy, including wind and solar power. It is being operated by NV Energy, integrating Energy Vault’s integration platform and energy management system (Vault-OS).

  • Analyst QuickTake: In January 2024 , Energy Vault signed a licensing and royalty agreement with Gravity Energy Storage Solutions (GESSOL) in the Southern African Development Community (SADC). Through the agreement, GESSOL will deploy Energy Vault's gravity energy storage systems and VaultOS energy management system in the SADC region.

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