Energy Vault Secures 75 MW/300 MWh Battery Storage Contract with Consumers Energy in Michigan

Reuters

08/05

Energy Vault Secures 75 MW/300 MWh Battery Storage Contract with Consumers Energy in Michigan

Energy Vault Holdings Inc., a global leader in sustainable energy storage solutions, has announced a new contract with Consumers Energy, Michigan's largest energy provider, to supply two battery energy storage systems $(BESS)$ totaling 75 MW/300 MWh. These systems will be located in Iosco and Bay Counties, with battery deliveries set to begin in the fourth quarter of 2024. Construction is expected to start in the first quarter of 2026, and commercial operations are anticipated by the fourth quarter of the same year. This agreement marks Energy Vault's expansion into the Eastern U.S. utility market and forms a strategic partnership with a leading Midwest public utility, underscoring a commitment to advancing a resilient and sustainable energy future for Michigan and beyond.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250805799426) on August 05, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250805799426) on August 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NRGV","symbol_name":"Energy Vault Holdings, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250805:nNDL5D1nY2:1","article_id":"2557940463","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557940463","pubTimestamp":1754400315,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Energy Vault Holdings Inc., a global leader in sustainable energy storage solutions, has announced a new contract with Consumers Energy, Michigan's largest energy provider, to supply two battery energy storage systems  totaling 75 MW/300 MWh. 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These systems will be located in Iosco and Bay Counties, with battery deliveries set to begin in the fourth quarter of 2024. Construction is expected to start in the first quarter of 2026, and commercial operations are anticipated by the fourth quarter of the same year. This agreement marks Energy Vault's expansion into the Eastern U.S. utility market and forms a strategic partnership with a leading Midwest public utility, underscoring a commitment to advancing a resilient and sustainable energy future for Michigan and beyond.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. 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