Energy Vault has announced a groundbreaking agreement with the State Electricity Commission (SEC) in Victoria, Australia, for the installation of a 100 MW/200 MWh Battery Energy Storage System (BESS) at the SEC Renewable Energy Park - Horsham. This collaborative project aims to provide flexible grid-scale energy storage to support the delivery of affordable and reliable renewable energy to over 51,000 Australian homes while enhancing grid stability. The SEC Renewable Energy Park - Horsham, featuring 212,000 solar panels generating 119MW of solar power, will integrate Energy Vault's innovative BESS system to meet peak demand periods with a two-hour storage duration. The $370 million investment by SEC will not only power homes but also create jobs during construction, driving economic benefits for the Horsham region. Energy Vault's BESS system, built with their advanced X-VAULT™ integration platform, will utilize proprietary technology to control and optimize hybrid BESS operations. This project marks a significant milestone in Energy Vault's commercial presence in the Australian market, showcasing their commitment to sustainable energy solutions and supporting the clean energy transition. The collaboration with SEC emphasizes a shared goal of accelerating the adoption of renewable energy by leveraging innovative technologies and government support, ultimately contributing to a more sustainable and efficient energy landscape in Victoria. Overall, this partnership signifies a positive step towards renewable energy development in Australia, highlighting the importance of public-private collaborations in advancing sustainable energy solutions and driving economic growth in the region.