Energy Vault, EU Green Energy Sign Framework Agreement for Deployment of up to $250 Million of Battery Energy Storage Systems, Totaling 1.8 GWh, to Accelerate Renewable Deployment

Phase 1 development of the first project under the agreement, featuring a 50 MW / 200 MWh BESS located in the Balkans, has been contracted under Energy Vault's B-VAULT™ and Vault-OS™ platform