The hybrid energy storage system utilizes Energy Vault’s new EV0™ modular pumped hydro gravity storage technology plus lithium-ion batteries, and powered by VaultOS™ energy management software, is ...

For the global energy transition to succeed, the energy storage industry will have to develop cheap, efficient, and reliable ways to store renewable energy. Lithium-ion batteries currently dominate ...

Energy Vault is fast ramping up sales of its gravity-based batteries for long-duration energy storage. The company recorded a beat on revenue for its fiscal 2022 fourth quarter with revenue of $100 ...

A disused coal mine in Wollongong will be the first test site for a renewable energy company that lowers weights down old ...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, is honored to ...

License executed with GESSOL (Pty), a South Africa-based consortium including WBHO, one of the largest listed EPC companies in Southern Africa (JSE: WBO), iX Engineers and Sizana Solutions Agreement ...

Australian energy storage company Green Gravity and mining business Wollongong Resources have signed an agreement to deploy ...

Energy Vault (NYSE:NRGV) said Monday that five of its new EVx gravity energy storage systems will be deployed by China Tianying under a previously announced licensing and royalty agreement with Atlas ...

Australian gravity storage hopeful says testing could start on its first trial project in 2026, after agreement reached to use a coal mine shaft near Wollongong.

Developed by Chinese researchers, the novel hybrid storage technology may achieve an efficiency of over 80% and be applied in distribution and transmission grids. The proposed combination is ...

The 100MW energy storage system will be owned and operated by Energy Vault, and is key to increasing the local use of renewable energy in Sardinia while accelerating the formation of the Renewable ...