financetom
Business
financetom
/
Business
/
Energy Vault Gets Contract With Consumers Energy for Two Battery Energy Storage Systems in Michigan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Energy Vault Gets Contract With Consumers Energy for Two Battery Energy Storage Systems in Michigan
Aug 5, 2025 8:52 AM

11:28 AM EDT, 08/05/2025 (MT Newswires) -- Energy Vault ( NRGV ) said Tuesday it was awarded a contract by Consumers Energy to supply two battery energy storage systems in Michigan.

Financial details weren't provided.

Battery deliveries are expected to begin in Q4, construction is slated to start in Q1 2026, and commercial operations are expected by Q4 2026, Energy Vault ( NRGV ) said.

Price: 1.07, Change: -0.01, Percent Change: -0.47

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Walt Disney Unusual Options Activity
Walt Disney Unusual Options Activity
Aug 13, 2024
Financial giants have made a conspicuous bearish move on Walt Disney ( DIS ). Our analysis of options history for Walt Disney ( DIS ) revealed 12 unusual trades. Delving into the details, we found 25% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $200,515,...
Cybin to Begin Phase 3 Trial of Treatment for Major Depressive Disorder This Summer
Cybin to Begin Phase 3 Trial of Treatment for Major Depressive Disorder This Summer
Aug 13, 2024
10:17 AM EDT, 08/13/2024 (MT Newswires) -- Cybin ( CYBN ) Tuesday said it expects to begin phase 3 testing of its CYB003 drug candidate to treat major depressive disorder later this summer following a recent Type B initial breakthrough therapy meeting with the US Food and Drug Administration. The Canadian drug maker plans to implement several measures to reduce...
Inspirato to Get $10 Million Equity Financing From One Planet; Appoints Payam Zamani Chairman, CEO
Inspirato to Get $10 Million Equity Financing From One Planet; Appoints Payam Zamani Chairman, CEO
Aug 13, 2024
10:18 AM EDT, 08/13/2024 (MT Newswires) -- Inspirato ( ISPO ) said Tuesday it has signed an investment agreement with One Planet Group to exchange roughly 2.9 million of Inspirato's ( ISPO ) new class A common shares and an equal number of warrants for $10 million of equity funding from One Planet. Inspirato ( ISPO ) said it also...
Poland buys 96 Apache helicopters from U.S.
Poland buys 96 Apache helicopters from U.S.
Aug 13, 2024
WARSAW, Aug 13 (Reuters) - Poland on Tuesday signed a contract with the U.S. to buy 96 AH-64E Apache attack helicopters as it bolsters its armed forces following Russia's invasion of Ukraine. Under the deal with the U.S. government announced by Defence Minister Wladyslaw Kosiniak-Kamysz, the helicopters will provide new combat capabilities in terms of target engagement and reconnaissance, and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved