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Energy Vault Signs 10-year, 30+ GWh Licensee and Royalty Agreement with India’s SPML Infra to Manufacture and Deploy the B-Vault Battery Energy Storage Technology Platform for the Indian Market

WESTLAKE VILLAGE, Calif. & KOLKATA, India, April 02, 2025--Energy Vault (NYSE: NRGV) ("Energy Vault" or the "Company"), a global leader in sustainable energy storage solutions, today announced that it has signed a new licensing and royalty agreement with SPML Infra Limited (NSE:SPMLINFRA, BSE: 500402), a leading publicly listed infrastructure development company in India with specific focus on India’s water and energy infrastructure. The agreement is expected to accelerate the manufacturing and

articleEnergy Vault Holdings, Inc.April 2, 20259/company/energy-vault-holdings-inc/news/energy-vault-signs-10-30-124500319
Energy Vault Signs 10-year, 30+ GWh Licensee and Royalty Agreement with India’s SPML Infra to Manufacture and Deploy the B-Vault Battery Energy Storage Technology Platform for the Indian Market

About this update from Energy Vault Holdings, Inc.

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Energy Vaultsustainable energyEnergy StorageSPMLKOLKATA, IndiaIndiaenergy infrastructurestorage solutions