energy vault Archives

Energy Vault lands partnership for building-based gravity storage

Through the partnership, Skidmore, Owings & Merrill will be the exclusive architect and structural engineer for the next generation of fixed frames and deployable structures for all new Energy Vault gravity energy storage systems (GESS), including incorporating gravity energy storage technology into tall buildings in urban environments and deployable structures in natural environments.

Energy Vault successfully tests, commissions gravity storage system in China

Testing included the successful charging and discharging of units of the 25 MW/100 MWh gravity energy storage system.

PG&E, Energy Vault to build green hydrogen long-duration storage project

The project is still pending regulatory approval.

Grid Scale

The BESS is part of a plan by NV Energy to reduce its reliance on western energy markets, which it said have been roiled by droughts, heatwaves and California energy policies.

ESS becomes first U.S. long-duration energy storage company to list on NYSE

On top of inking a massive 2 GWh deal with SB Energy, and reaching an agreement to supply Enel Green Power with 17 battery systems in Spain, ESS became the first long-duration energy storage system company to be listed on the New York Stock Exchange.

Energy Vault valued at $1.1 billion after merger

Energy Vault’s energy storage systems use gravity to store and release renewable energy on demand, giving grid-scale reliability to clean energy sources in place of fossil fuels.