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0.0164319248826292 0.0399061032863852 0.0281690140845071 -0.0187793427230045 -0.0140845070422534 0.0305164319248828 0.0316901408450706 0.0363849765258217
Stock impact report

Energy Vault and Peak Energy Announce Strategic Development Agreement to Develop Sodium Ion Storage Solution for “AI-First Data Center Operators”; Includes 1.5 GWh Supply Agreement to Acce...

Energy Vault Holdings, Inc. (NRGV) 
Company Research Source: Business Wire
Joint Development of AI-Dedicated Storage: The companies will co-develop a full-stack storage platform—combining Peak Energy’s sodium-ion batteries with Energy Vault’s proprietary digital stack—dedicated to Energy Vault’s AI infrastructure portfolio. This solution accelerates deployment, enhances safety, and reduces costs by eliminating complex legacy systems.Strategic Supply Chain Advantage: Energy Vault secures an initial 1.5 GWh offtake of Peak Energy’s U.S.-manufactured sodium-ion batteries, locking in supply chain security and Domestic Content tax credit eligibility to deliver superior unit economics for BESS and AI infra projects.Global Market Expansion: Energy Vault secures exclusive regional channel rights for Peak Energy technology in the APAC region, expanding the companies’ combined footprint in key high-growth international markets. WESTLAKE VILLAGE, Calif. & BROOMFIELD, Colo.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), Show less Read more
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