Jupiter power and energy vault sign letter of intent to secure 2.4 GWHof domestic-content-qualified battery energy storage systems

Energy Vault | 28 September 2022

AUSTIN, Texas and LUGANO, Switzerland and WESTLAKE VILLAGE, Calif.Sept. 28, 2022 /PRNewswire/ -- Jupiter Power LLC ("Jupiter Power" or "Jupiter"), the leading United States developer and operator of utility-scale, battery energy storage systems ("BESS"), today announced the execution of an agreement with Energy Vault Holdings Inc. ( NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions. Under this agreement, Jupiter Power and Energy Vault will expeditiously collaborate to secure 2.4 GWh of supply chain equipment and services that will be integrated and delivered through Energy Vault's hardware and software management platform in Jupiter Power's battery energy storage projects.

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