Amid acquisition, Energy Vault keeps close watch on Trump’s bulk-power order, executive says

This is a story about the power grid business, not something that changes what a homeowner can do at home. Energy Vault, a company that builds large batteries to store electricity for the grid, is expanding while watching how a Trump executive order limiting foreign-made grid equipment plays out. The company just agreed to buy a 2.3-gigawatt portfolio of battery storage projects from Goshe Energy Storage, including 350 megawatts that could be running by early 2028, backed by up to $40 million in credit.

These batteries aren't for houses. They're large installations, some in Texas, that utilities and companies use to store power and support the grid, including the heavy electricity demand from data centers running artificial intelligence. Energy Vault already runs a battery-hydrogen facility in northern California and a lithium-ion battery site in west Texas, and it's also looking at grid markets in the Southwest and the mid-Atlantic region.

None of this involves a rebate, incentive, or product a homeowner can buy or install. It's a sign that battery storage is becoming a bigger part of how the electric grid handles growing demand, which could eventually affect grid reliability or electricity prices in areas where these projects get built. But there's no direct step for a homeowner to take based on this news.