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home / news releases / NRGV - Energy Vault to deploy 440MWh energy storage system in Nevada

NRGV - Energy Vault to deploy 440MWh energy storage system in Nevada

Energy Vault Holdings Inc.
  • Energy storage solutions provider Energy Vault ( NYSE: NRGV ) has selected by Nevada public utility  NV Energy to deploy a short duration energy storage solution.
  • The 220MW/440MWh grid-tied battery energy storage system will be deployed at a site located near Las Vegas, with construction expected to start in Q2 2023 and commercial operation by the end of 2023.
  • The 2-hour energy storage system is designed to store and dispatch excess renewable energy, including wind and solar power. It will be charged and discharged on a daily basis and designed to dispatch stored renewable energy at peak consumption hours to help meet the high demand during Nevada's peak load hours.

For further details see:

Energy Vault to deploy 440MWh energy storage system in Nevada
Stock Information
Company Name: Energy Vault Holdings Inc.
Stock Symbol: NRGV
Market: NYSE
Website: energyvault.com
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