Giant eight-hour battery project changes hands as storage costs plunge 40%

Created
Sat, 22/03/2025 - 04:55
Updated
Sat, 22/03/2025 - 04:55
A giant eight-hour battery project in New South Wales has changed hands in a deal that also confirms that battery storage costs — a critical part of the green energy transition — are still falling significantly. The California-based Energy Vault announced on 18 March that it had agreed to buy the 125 MW, 1000 MWh Continue reading »