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Energy Vault and RackScale Data Centers Announce Strategic Partnership to Accelerate Delivery of 2GW of Power to Data Centers

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Energy Vault Holdings (NYSE: NRGV) and RackScale Data Centers (RSDC) announced a strategic partnership to deliver 2GW of power to data centers through Energy Vault's B-Nest™ hyperscale battery energy storage system. The B-Nest™ offers 8X the energy density of standard battery solutions, storing up to 1.6GWh per acre, ensuring 24/7 power availability for space-constrained sites. Construction is set to begin in 2026. The B-Nest™ will enable RSDC to bypass grid power shortages, accelerating data center development timelines. This partnership aims to deploy 2GW/20GWh of B-Nest infrastructure and participate in demand response programs to stabilize the grid and support renewable power expansion. Data center power demand is projected to grow by 160% by 2030, driven by AI. The B-Nest™ technology is based on Energy Vault's gravity-based storage systems and will be managed by VaultOS Energy Management System to optimize operations.

Energy Vault Holdings (NYSE: NRGV) e RackScale Data Centers (RSDC) hanno annunciato una partnership strategica per fornire 2GW di energia ai data center attraverso il sistema di stoccaggio energetico a batteria B-Nest™ di Energy Vault. Il B-Nest™ offre 8 volte la densità energetica delle soluzioni di batterie standard, immagazzinando fino a 1.6GWh per acri, garantendo la disponibilità di energia 24 ore su 24, 7 giorni su 7 per siti con spazio limitato. I lavori di costruzione inizieranno nel 2026. Il B-Nest™ permetterà a RSDC di evitare carenze di energia dalla rete, accelerando i tempi di sviluppo dei data center. Questa partnership mira a implementare un'infrastruttura B-Nest di 2GW/20GWh e a partecipare a programmi di risposta alla domanda per stabilizzare la rete e supportare l'espansione delle energie rinnovabili. Si prevede che la domanda di energia nei data center crescerà del 160% entro il 2030, spinta dall'IA. La tecnologia B-Nest™ si basa sui sistemi di stoccaggio gravitazionali di Energy Vault e sarà gestita dal sistema di gestione energetica VaultOS per ottimizzare le operazioni.

Energy Vault Holdings (NYSE: NRGV) y RackScale Data Centers (RSDC) anunciaron una asociación estratégica para proporcionar 2GW de energía a los centros de datos a través del sistema de almacenamiento de energía en baterías B-Nest™ de Energy Vault. El B-Nest™ ofrece 8 veces la densidad energética de las soluciones de baterías estándar, almacenando hasta 1.6GWh por acre, asegurando la disponibilidad de energía las 24 horas del día, los 7 días de la semana para sitios con espacio limitado. La construcción comenzará en 2026. El B-Nest™ permitirá a RSDC eludir las escasez de energía de la red, acelerando los plazos de desarrollo de los centros de datos. Esta asociación tiene como objetivo desplegar una infraestructura B-Nest de 2GW/20GWh y participar en programas de respuesta a la demanda para estabilizar la red y apoyar la expansión de energía renovable. Se prevé que la demanda de energía en los centros de datos crezca un 160% para 2030, impulsada por la IA. La tecnología B-Nest™ se basa en los sistemas de almacenamiento de gravedad de Energy Vault y será gestionada por el sistema de gestión de energía VaultOS para optimizar las operaciones.

Energy Vault Holdings (NYSE: NRGV)와 RackScale Data Centers (RSDC)는 Energy Vault의 B-Nest™ 하이퍼스케일 배터리 에너지 저장 시스템을 통해 데이터 센터에 2GW의 전력을 공급하기 위한 전략적 파트너십을 발표했습니다. B-Nest™는 표준 배터리 솔루션의 8배에 해당하는 에너지 밀도를 제공하며, 에이커당 최대 1.6GWh를 저장할 수 있어 공간이 제한된 사이트에 대해 24시간 연중무휴 전력 가용성을 보장합니다. 건설은 2026년에 시작될 예정입니다. B-Nest™는 RSDC가 전력망 부족을 우회할 수 있도록 하여 데이터 센터 개발 일정을 가속화할 것입니다. 이 파트너십은 B-Nest 인프라를 2GW/20GWh 배포하고 전력망을 안정화하고 재생 가능 에너지 확장을 지원하기 위해 수요 반응 프로그램에 참여하는 것을 목표로 합니다. 데이터 센터의 전력 수요는 AI에 의해 2030년까지 160% 증가할 것으로 예상됩니다. B-Nest™ 기술은 Energy Vault의 중력 기반 저장 시스템을 기반으로 하며 운영 최적화를 위해 VaultOS 에너지 관리 시스템에 의해 관리됩니다.

Energy Vault Holdings (NYSE: NRGV) et RackScale Data Centers (RSDC) ont annoncé un partenariat stratégique pour fournir 2GW d'énergie aux centres de données via le système de stockage d'énergie à batterie B-Nest™ d'Energy Vault. Le B-Nest™ offre 8 fois la densité énergétique des solutions de batteries standard, stockant jusqu'à 1,6GWh par acre, garantissant une disponibilité d'énergie 24/7 pour des sites ayant des contraintes d'espace. La construction doit commencer en 2026. Le B-Nest™ permettra à RSDC de contourner les pénuries d'énergie du réseau, accélérant ainsi les délais de développement des centres de données. Ce partenariat vise à déployer une infrastructure B-Nest de 2GW/20GWh et à participer à des programmes de réponse à la demande pour stabiliser le réseau et soutenir l'expansion des énergies renouvelables. La demande d'énergie des centres de données devrait augmenter de 160 % d'ici 2030, alimentée par l'IA. La technologie B-Nest™ est basée sur les systèmes de stockage gravitationnels d'Energy Vault et sera gérée par le système de gestion de l'énergie VaultOS pour optimiser les opérations.

Energy Vault Holdings (NYSE: NRGV) und RackScale Data Centers (RSDC) haben eine strategische Partnerschaft angekündigt, um 2GW Strom für Rechenzentren über das B-Nest™ Hyperscale-Batteriespeichersystem von Energy Vault bereitzustellen. Das B-Nest™ bietet eine 8-fache Energiedichte im Vergleich zu Standardbatterielösungen und kann bis zu 1,6GWh pro Acre speichern, sodass eine 24/7-Stromverfügbarkeit für standplatzbeschränkte Standorte gewährleistet ist. Der Bau soll 2026 beginnen. Das B-Nest™ ermöglicht es RSDC, Stromengpässe im Netz zu umgehen und die Entwicklung von Rechenzentren zu beschleunigen. Diese Partnerschaft zielt darauf ab, 2GW/20GWh B-Nest-Infrastruktur bereitzustellen und an Nachfragereaktionsprogrammen teilzunehmen, um das Netz zu stabilisieren und die Ausweitung erneuerbarer Energien zu unterstützen. Die Stromnachfrage in Rechenzentren wird bis 2030 voraussichtlich um 160 % steigen, angetrieben von KI. Die B-Nest™-Technologie basiert auf den schwerkraftbasierten Speichersystemen von Energy Vault und wird vom VaultOS-Energiemanagementsystem verwaltet, um die Abläufe zu optimieren.

Positive
  • Partnership to deploy 2GW/20GWh of B-Nest™ infrastructure.
  • B-Nest™ offers 8X energy density over traditional systems, storing up to 1.6GWh per acre.
  • Construction to start in 2026, accelerating data center development timelines.
  • Participation in demand response programs to generate supplementary revenue and stabilize the grid.
  • Projected data center power demand growth of 160% by 2030 driven by AI.
Negative
  • Data center interconnection wait times can stretch up to five years or more due to grid power shortages.

Insights

The strategic partnership between Energy Vault and RackScale Data Centers represents a significant technological and commercial breakthrough in data center power infrastructure. The B-Nest™ system's 8X energy density improvement over traditional battery solutions addresses a critical bottleneck in data center development - the shortage of available grid power. With 2GW/20GWh planned deployment, this solution could dramatically accelerate data center construction timelines by bypassing lengthy utility interconnection queues that currently stretch up to 5 years. The system's ability to provide 10+ hours of primary power while participating in demand response programs creates a dual revenue stream opportunity. This is particularly relevant given Goldman Sachs' projection of 160% growth in data center power demand by 2030, driven by AI acceleration.

This partnership addresses one of the most pressing challenges in data center development - power availability and reliability. The B-Nest™ solution's innovative multi-story design maximizing space efficiency with 1.6GWh per acre capacity is a game-changer for urban locations where land is scarce but demand is highest. The ability to operate on interruptible utility power contracts while maintaining 24/7 availability could revolutionize data center economics and deployment speed. This is especially important given the sector's projected growth from current 1-2% of global power consumption to over 4% by decade's end. The technology's focus on safety compliance and insurability also addresses key industry concerns.

The partnership will focus on deployment of the Energy Vault B-Nest™, a proprietary hyperscale energy storage solution comprised of a multi-story battery system, for data center sites

The B-Nest™ provides 8X the energy density vs standard battery solutions, enabling space-constrained sites without firm power to accelerate deployment via interruptible utility power contracts while ensuring 24/7 availability

WESTLAKE VILLAGE, Calif. & SALT LAKE CITY--(BUSINESS WIRE)-- Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced a strategic partnership with RackScale Data Centers (“RSDC”), an emerging data center developer. This partnership aims to accelerate the delivery of 2GW of firm, primary power to data center sites developed by RSDC through the deployment of Energy Vault's proprietary B-Nest™ hyperscale battery energy storage system. The parties aim to begin construction at data center sites in 2026.

Energy Vault and RackScale Data Centers Announce Strategic Partnership to Accelerate Delivery of 2GW of Power to Data Centers (Photo: Business Wire)

Energy Vault and RackScale Data Centers Announce Strategic Partnership to Accelerate Delivery of 2GW of Power to Data Centers (Photo: Business Wire)

The B-Nest™ is a proprietary multi-story structure designed to house batteries for onsite energy storage, serving space-constrained project sites. Capable of storing up to 1.6GWh of energy per acre, the B-Nest represents a more than 8X increase in installed site energy density over traditional ground-mounted Battery Energy Storage system (BESS) installations. This ultra-high energy density enables the B-Nest to provide each data center with full primary power for 10+ hours. When paired with an interruptible utility power contract, the B-Nest can ensure full power deliverability to each data center during demand response events. The result is significant acceleration of data center project development timelines enabled by rapid delivery of firm power, allowing RSDC to avoid issues created by the shortage of available grid power seen across the industry.

The unprecedented demand for new data center construction has encountered increasingly long wait times for new facilities to access firm grid power from local utilities. As utilities work to expand their generation fleets to meet the sudden surge in power demand, data center interconnection wait times can now stretch up to five years or more. This challenge presents a severe bottleneck for data center developers and is most acute in urban settings where data center demand and utility grid congestion are at their highest.

The partnership between Energy Vault and RSDC includes the planned deployment of 2GW/20GWh of B-Nest infrastructure that will drive a rapid portfolio build-out, with the ability to capture supplementary revenue through participation in demand response programs with local utilities. By taking part in demand response events during times of system strain, RSDC will also help to stabilize the grid and supports local utilities’ efforts to expand renewable power for the data center industry.

Goldman Sachs Research estimates that data center power demand will grow a staggering 160% by 2030, driven in large part by Artificial Intelligence. At present, data centers worldwide consume 1-2% of overall power, with consumption expected to exceed 4% by the end of the decade. In the US and Europe, this increased demand is driving unprecedented demand for reliable, affordable, clean power.

“With the rapid increase in power demand from the rise of the data center sector, it is absolutely essential that renewable energy generation and storage become key points of focus to power the AI data center boom,” said Marco Terruzzin, Chief Commercial and Product Officer, Energy Vault. “Through our partnership with RackScale Data Centers, we will deliver our revolutionary B-Nest battery energy storage system technology and establish a model for the industry. The safety characteristics, energy density, and economics of the B-Nest solution are ideally suited to meet the needs of the data center market, and we look forward to working with RSDC on the deployment of critical power infrastructure to support their ambitious growth plans.”

"Our partnership with Energy Vault is a powerful catalyst in our mission to develop cutting-edge data centers,” said Trent D’Ambrosio, Chief Executive Officer, RackScale Data Centers. “The B-Nest system's high energy density and advanced safety design are game-changers for our operations, enabling us to accelerate firm grid power interconnections and onsite generation to meet the needs of our data center sites. We look forward to working closely with Energy Vault to achieve our shared vision of a sustainable energy future."

B-Nest™ Product Launch

Today’s announcement marks the launch of Energy Vault’s latest long-duration energy storage system solution. The B-Nest, introduced alongside Energy Vault’s B-VAULT™ suite of fully-integrated battery energy storage systems designed for reliability, flexibility, and availability, introduces a multi-story fixed frame structure to house BESS. This design enables data center developers to overcome space constraints typically associated with data center sites and thermal generation retirements in order to leverage those sites’ large interconnect capacity. The proprietary technology behind B-Nest stems from the IP developed for Energy Vault’s gravity-based energy storage systems, and will incorporate structures similar to those used in G-VAULT™ designs.

B-Nest™ has been engineered in accordance with the highest standards for battery and fire safety and in compliance with permitting requirements to minimize risk while maximizing economic returns for customers. B-Nest solutions will be operated by Energy Vault’s proprietary VaultOS Energy Management System (EMS) to control, manage, and optimize the BESS operations.

“The B-Nest will be a major leap forward for the data center sector, and we are incredibly excited to bring it to market in partnership with RSDC,” said Marco Terruzzin, Chief Product Officer, Energy Vault. “By incorporating the multi-story fixed frame structure concept inherent in our G-VAULT technology, we are delivering safe, cost-effective, insurable, and rapidly deployable solutions for the date center industry. With the B-Nest we look forward to providing data center developers the power they so urgently need.”

About Energy Vault

Energy Vault® develops and deploys utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage. The Company's comprehensive offerings include proprietary gravity-based storage, battery storage, and green hydrogen energy storage technologies. Each storage solution is supported by the Company’s hardware technology-agnostic energy management system software and integration platform. Unique to the industry, Energy Vault’s innovative technology portfolio delivers customized short-and-long-duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. Utilizing eco-friendly materials with the ability to integrate waste materials for beneficial reuse, Energy Vault’s gravity-based energy storage technology is facilitating the shift to a circular economy while accelerating the global clean energy transition for its customers. Please visit www.energyvault.com for more information.

About RackScale Data Centers

RackScale Data Centers is at the forefront of innovation, delivering high-performance computing (HPC) and artificial intelligence (AI) solutions with a commitment to scalability and sustainability. Leveraging state-of-the-art technology and strategic partnerships with industry leaders, we provide cutting-edge infrastructure designed to meet the evolving needs of modern enterprises. Our data centers are strategically located across a geographically diverse network, ensuring optimal performance, reliability, and energy efficiency. At RackScale, we empower businesses to accelerate their AI and HPC workloads while maintaining a steadfast focus on environmental responsibility and operational excellence. Please visit www.rackscaledc.com for more information.

Forward-Looking Statements

This press release includes forward-looking statements that reflect the Company’s current views with respect to, among other things, the Company’s operations and financial performance, including the proposed partnership. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These statements often include words such as “anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,” “project,” “forecast,” “estimates,” “targets,” “projections,” “should,” “could,” “would,” “may,” “might,” “will” and other similar expressions. We base these forward-looking statements or projections on our current expectations, plans, and assumptions, which we have made in light of our experience in our industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at the time. These forward-looking statements are based on our beliefs, assumptions, and expectations of future performance, taking into account the information currently available to us. These forward-looking statements are only predictions based upon our current expectations and projections about future events. These forward-looking statements involve significant risks and uncertainties that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including the failure to execute definitive agreements, changes in our strategy, expansion plans, customer opportunities, future operations, future financial position, estimated revenues and losses, projected costs, prospects and plans; the uncertainly of our awards, bookings, backlog, timing of permits and developed pipeline equating to future revenue; the lack of assurance that non-binding letters of intent and other indication of interest can result in binding orders or sales; the possibility of our products to be or alleged to be defective or experience other failures; the implementation, market acceptance and success of our business model and growth strategy; our ability to develop and maintain our brand and reputation; developments and projections relating to our business, our competitors, and industry; the ability of our suppliers to deliver necessary components or raw materials for construction of our energy storage systems in a timely manner; the impact of health epidemics, on our business and the actions we may take in response thereto; our expectations regarding our ability to obtain and maintain intellectual property protection and not infringe on the rights of others; expectations regarding the time during which we will be an emerging growth company under the JOBS Act; our future capital requirements and sources and uses of cash; the international nature of our operations and the impact of war or other hostilities on our business and global markets; our ability to obtain funding for our operations and future growth; our business, expansion plans and opportunities and other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on March 13, 2024, as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC’s website at www.sec.gov. New risks emerge from time to time, and it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and is expressly qualified in its entirety by the cautionary statements included in this press release. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable laws. You should not place undue reliance on our forward-looking statements.

Energy Vault



Media

media@energyvault.com



Investors

energyvaultIR@icrinc.com

Source: Energy Vault Holdings, Inc.

FAQ

What is the focus of the partnership between Energy Vault and RackScale Data Centers?

The partnership focuses on deploying Energy Vault's B-Nest™ hyperscale battery energy storage system to deliver 2GW of power to data centers.

What is the energy density advantage of B-Nest™ over standard battery solutions?

The B-Nest™ offers 8X the energy density, capable of storing up to 1.6GWh per acre.

When will the construction of the B-Nest™ infrastructure begin?

Construction is set to begin in 2026.

How does the B-Nest™ system impact data center development timelines?

The B-Nest™ system accelerates data center development timelines by providing rapid delivery of firm power, bypassing grid power shortages.

How will the partnership between Energy Vault and RackScale Data Centers benefit the grid?

The partnership will participate in demand response programs, helping to stabilize the grid and support renewable power expansion.

What is the projected growth in data center power demand by 2030?

Data center power demand is projected to grow by 160% by 2030, driven by AI.

Energy Vault Holdings, Inc.

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