Energy Vault to Deploy 200 MW BESS in Australia

• Energy Vault to deploy cutting-edge battery storage systems at Australian solar complex, boosting renewable energy infrastructure with Siemens technology.

Energy Vault Holdings Inc has been chosen to deploy two battery energy storage systems totaling 200 MW at a solar complex in Australia developed by ACEN Corporation. The agreement includes a 50 MW/100 MWh BESS and a 150 MW/300 MWh BESS at the New England Solar plant. Energy Vault will provide its B-VAULT suite of storage solutions along with Siemens S120 inverter technology.

Construction on the BESS facilities is scheduled to begin in the second half of 2024, with commissioning expected in 2025 and 2026. The New England Solar complex, located in New South Wales, is part of a larger project that began in 2023 with a 400-MW phase. Energy Vault's involvement marks a significant step in expanding renewable energy infrastructure in Australia.

What storage solutions will Energy Vault deploy at the New England Solar complex in Australia?

• Energy Vault will deploy its B-VAULT suite of storage solutions at the New England Solar complex in Australia
• The storage solutions will include a 50 MW/100 MWh BESS and a 150 MW/300 MWh BESS
• Siemens S120 inverter technology will also be utilized in the storage systems
• Construction on the BESS facilities is set to begin in the second half of 2024
• Commissioning of the storage systems is expected to take place in 2025 and 2026
• The New England Solar complex is located in New South Wales and is part of a larger renewable energy project started in 2023 with a 400-MW phase.