Energy Vault
Company description
Energy Vault is the creator of sustainable energy storage products that are transforming the world’s approach to utility-scale energy storage for grid resiliency. Applying conventional physics fundamentals of gravity and potential energy, the system combines advanced material science and proprietary, machine-vision AI software that autonomously orchestrates the charging and discharging of electricity using ultra low-cost composite bricks and innovative mechanical crane systems. Utilizing 100 percent eco-friendly materials with the ability to integrate waste materials for beneficial reuse at unprecedented economics, Energy Vault is accelerating the shift to a circular economy and a fully renewable world.
Company details
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Company updates
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August 04, 2023
Energy Vault starts operating 25 MW/100 MWh energy storage project in Jiangsu
Energy Vault Holdings, Inc. has announced the commencement of the commissioning process for the world's first grid-scale EVx™ gravity energy storage system (GESS) located near Shanghai in Rudong...
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June 14, 2023
Plug to provide fuel cells for 8 MW hybrid microgrid project in Calistoga
Plug Power Inc. has announced that it will deliver 8 MW of fuel cell power in the form of 40-foot ISO containers for Energy Vault's hybrid microgrid system for the city of Calistoga in California, USA...
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September 16, 2022
Energy Vault secures technology and EPC contract for 68.8 MW battery storage project in California
Energy Vault Holdings Inc has been selected to provide the engineering, procurement, and construction (EPC) services for the 68.8 MW/275.2 MWh Stanton Energy Storage System (SESS) Project in Californi...
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September 15, 2021
Energy Vault enters NYSE through merger with Novus Capital Corporation II
Novus Capital Corporation II, a U.S. publicly traded special purpose acquisition company, and Energy Vault, Inc., the company creating gravity-based, grid-scale energy storage solutions with its propr...
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