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Energy Vault (NRGV) Snaps Up a 175MW Texas Project, Is It a Buy?

Energy Vault Holdings, Inc. (NYSE:NRGV) is one of the best energy storage stocks to buy according to hedge funds. On March 24, Energy Vault Holdings, Inc. (NYSE:NRGV) acquired the McMurtre Battery Energy Storage System from Belltown Power. The McMurtre BESS is a 175 megawatt (MW) or 350 megawatt-hour (MWh) project near Dallas, Texas.

The project sits within the ERCOT North market, one of the fastest-growing power demand zones in the US, Energy Vault detailed in the release. It added that the project already has an executed small generator interconnection agreement and full site control, which significantly de-risks the path to construction.

The company said it will deploy its latest B-VAULT AC Technology Platform 3 at the site. This is Energy Vault’s most advanced system to date that is engineered for rapid deployment and high availability in ERCOT grid conditions. The company anticipates the project’s commercial operations to commence by December 2027, and that the Notice to Proceed should be ready in Q4 2026. Once the project reaches Ready-to-Build status, Energy Vault will contribute it to its Asset Vault investment platform, which is a fully consolidated subsidiary dedicated to owning and operating storage assets globally.

Over the project’s lifetime, Energy Vault projects it to generate $350-$375 million and above in total revenues, or roughly $15-$20 million annually. The company is currently evaluating investment-grade offtake structures to secure bankable, front-loaded revenue.

Energy Vault Holdings, Inc. (NYSE:NRGV) is an energy storage technology company. It specializes in gravity-based and hybrid energy storage solutions designed to support grid-scale applications.

While we acknowledge the risk and potential of NRGV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NRGV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 0.28% Percent of George Soros’ Stock Portfolio Is in These 10 Small-Cap Stocks and 7 Must-Buy Non-Tech Stocks to Invest in Now

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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