LUGANO, Switzerland, WESTLAKE VILLAGE, Calif. & SACRAMENTO, Calif.–(BUSINESS WIRE)–Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced the signing of the Stanton Energy Storage System (SESS) EPC contract with Wellhead Electric Company, Inc. (“Wellhead Electric”) and W Power, LLC, (“W Power”), a woman-owned business enterprise that has developed and owned power generation facilities in California. The project will be operated by Wellhead Services, Inc., one of the most experienced developers and operators of innovative energy generation and energy storage facilities in California, which is based in Sacramento, California.
Energy Vault will begin deployment immediately in 2022 of a 275.2 MWh battery storage project at W Power’s Energy Reliability Center in…