Energy Vault Acquires More Than 2.3 GW of U.S. Battery Storage Projects

Published: Sep 30, 2026 08:18 (GMT+8)

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On September 22, Energy Vault completed the acquisition of a portfolio of U.S. battery energy storage projects from Goshe Energy Storage, comprising 15 projects with total capacity exceeding 2.3 GW. Two projects, totaling 350 MW, have already reached ready-to-build status and are expected to enter commercial operation in the first quarter of 2028. Energy Vault also secured up to USD 40 million in credit support from S2G Investments to advance development, construction and operation of the acquired assets.

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