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Energy Vault has reached a significant 8-hour battery energy storage system (BESS) milestone in Australia.
The company's development partner, Bridge Energy, has secured a 14-year Long-Term Energy Services Agreement (LTESA) for the 100 MW / 870 MWh Ebor BESS located in New South Wales. This project promises to deliver eight hours of dispatchable power, marking a key advancement in energy storage solutions. Energy Vault's achievement underscores the growing importance of sustainable energy technologies in addressing global energy demands. The full press release can be accessed on Energy Vault's investor site.