Nuvve Adds 40MW Austrian Battery Storage Project Under OMNIA Agreement

Reuters03-16

Nuvve Adds 40MW Austrian Battery Storage Project Under OMNIA Agreement

Nuvve said it added a 40 MW/80 MWh battery energy storage system project in Austria to its European platform under a cooperation agreement with OMNIA. The project is being developed through Energiepark Graphit and includes Nuvve providing project development consulting and acting as grid aggregation operator. Nuvve will earn a 9% aggregation fee on revenues generated by the Austrian project. Nuvve also has a right of first refusal to acquire the completed asset at a valuation under independent assessment. Nuvve said the Austrian asset is projected to generate about USD 10.8 million in annual revenues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuvve Holding Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603160900BIZWIRE_USPR_____20260316_BW180435) on March 16, 2026, and is solely responsible for the information contained therein.

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