Energy Vault and Astor Enerji Partner for Energy Storage Systems

Energy Vault has partnered with Astor Enerji to strengthen supply chains for battery energy storage systems and accelerate grid infrastructure deployment across multiple markets. Energy Vault will supply battery energy storage systems to Astor Enerji, which will help accelerate deployment of grid infrastructure across multiple markets. This partnership aims to enhance energy storage capabilities and grid infrastructure.

Title: Energy Vault and Astor Enerji Strengthen Supply Chains for Battery Energy Storage Systems

Energy Vault Holdings, Inc. (NYSE: NRGV) and Astor Enerji (BIST: ASTOR) have announced a strategic partnership aimed at bolstering supply chains for battery energy storage systems (BESS) and accelerating the deployment of grid infrastructure across multiple markets. This collaboration brings together two leading innovators in the power sector, with Energy Vault focusing on advanced energy storage solutions and Astor Enerji specializing in high-quality power transformers and high-voltage equipment.

Under the agreement, Energy Vault will deliver 2 GWh of B-VAULT™ systems to Astor Enerji for its grid-connected photovoltaic (PV) projects in Romania. These systems will be integrated with Energy Vault’s VaultOS™ energy management software platform to optimize dispatch, accelerate execution, and enhance overall project returns. In return, Astor Enerji will provide transformers and high-voltage equipment for over 1 GW of Energy Vault BESS projects planned in the United States, Australia, and Europe, creating significant supply chain efficiencies across Energy Vault’s global portfolio.

The partnership aims to address supply shortages in the U.S. transformer market, where wait times have stretched from 50 weeks to as long as 127 weeks. By leveraging Astor Enerji's manufacturing capacity and global supply chain, the collaboration ensures access to high-quality equipment from diverse sources, addressing the critical need for reliable and efficient grid infrastructure.

Energy Vault’s portfolio of advanced energy storage hardware solutions and AI-driven software platform, combined with Astor Enerji’s manufacturing scale and global delivery track record, unlocks operational efficiency, speeds time-to-market, and strengthens grid infrastructure in high-growth regions. The partnership also supports Energy Vault’s Asset Vault subsidiary, which is dedicated to building, owning, and operating energy storage assets in high-growth global markets.

“This partnership is about more than equipment supply—it’s about aligning two high-growth companies to solve the most pressing challenges in the energy transition,” said Marco Terruzzin, Chief Revenue Officer, Energy Vault. “Together, we are building the technology and supply chain capacity to meet surging power demand from AI data centers and the rapid adoption of renewable energy. This is how we deliver power abundance and economic growth on a global scale.”

“Energy Vault’s innovative approach to energy storage, combined with their extensive global project pipeline, makes them an ideal partner as we expand our footprint in the rapidly growing battery storage sector,” said Olcay Doğan, Chief Financial Officer, Astor Enerji. “This agreement builds on our mission to deliver the grid infrastructure needed for a sustainable energy future, and we are excited to create lasting commercial and technological value together.”

This strategic alliance underscores the growing importance of robust supply chains and efficient grid infrastructure in the global energy transition. By combining their respective strengths, Energy Vault and Astor Enerji are poised to play a significant role in meeting the increasing demand for clean, reliable electricity.

References:
[1] https://www.businesswire.com/news/home/20250820000523/en/Energy-Vault-Turkeys-Astor-Enerji-Launch-Global-Strategic-Partnership-with-BESS-Deployments-Totalling-2-GWh-and-1-GW-Transformer-Procurement-from-Astor-Enerji