Energy Vault stock rises on 1.8 GWh battery storage deal in Balkans By Investing.com
Update: 2025-11-04
Description
Energy Vault Holdings secures a major supply agreement with EU Green Energy, marking a significant step towards renewable energy transition in the Balkan region. The partnership aims to deploy cutting-edge battery storage systems, starting with a 100 MW, 400 MWh installation in southern Albania. The project is divided into two phases, with the first phase set to begin commercial operations in Q3 2026. This agreement expands Energy Vault's global impact, with their B-VAULT system portfolio now exceeding 2 GWh worldwide, paving the way for more clean energy projects across Europe and beyond.
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