Energy Vault’s Stoney Creek battery-storage project received formal grid-interconnection approval, covering 125 MW of power and 1 GWh of storage.

Energy Vault reported formal grid-interconnection approval for its Stoney Creek battery energy storage system (BESS) in Australia. The November 10 release said the approval had been received the previous week.

The project is specified at 125 MW of power and 1 GWh of stored energy. These measure different attributes of the battery project and should not be presented as interchangeable capacity figures or as data-center IT capacity.

Management described the approval as supporting an accelerated construction ramp-up, but the excerpt does not establish completion or commercial operation. It also said multiple project financings in the United States and Australia were underway, without identifying a completed Stoney Creek-specific financing.