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Energy Vault Holdings And Jupiter Power Sign Agreement For Supply Of Additional Battery Energy Storage System At Jupiter Site In ERCOT Region
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Building on a successful 2024 deployment, the new 100 MW/200 MWh BESS will enhance grid resiliency in the ERCOT region using Energy Vault's B-VAULT™ and VaultOS™ platform

Energy Vault Holdings Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable, grid-scale energy storage solutions, and Jupiter Power ("Jupiter"), a leading developer and operator of utility-scale battery energy storage projects in the United States, today announced the signing of an agreement for the supply of an additional battery energy storage system (BESS) at a Jupiter site in the Electric Reliability Council of Texas (ERCOT) region. Today's announcement follows the July 2024 completion of an initial 100 MW/200 MWh BESS.

This new BESS will add 100 MW/200 MWh of critical dispatchable capacity to the ERCOT grid, further advancing grid resiliency. Construction of the project is underway, with commercial operations expected to commence by the end of this summer.

The BESS system will be built with the Energy Vault's proprietary X-Vault integration platform using Energy Vault's proprietary UL9540 certified B-VAULT product, and VaultOS Energy Management System to control, manage and optimize the BESS operations. Energy Vault's innovative system architecture provides customer optionality with both battery and inverter suppliers, while unique AC-coupled and DC-coupled configurations provide the drop-in flexibility needed for any project.

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