Energy Vault Holdings says Stoney Creek BESS works to begin Q4 2026
NRGV•Energy Vault said site work on its Stoney Creek battery energy storage system in New South Wales is expected to begin in Q4 2026, with commercial operations expected in the first half of 2028. The project is expected to support about $25 million to $30 million in annual revenue under a 14-year LTESA.
1. Project timeline and revenue
Energy Vault said site work on the Stoney Creek battery energy storage system is expected to begin in Q4 2026, with commercial operations expected in the first half of 2028. The company said a 14-year LTESA is expected to support about $25 million to $30 million in annual recurring revenue once the project is operational.
