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Search results for “energy vault”

Energy Vault to deploy 2 GWh of gravity storage in China

Energy Vault’s EVx storage system is comparable to pumped hydro, using grid-scale renewable energy when supply is abundant to drive motors and raise 30-ton blocks on a six-arm crane tower, rather than water, up to a height. When power needs to be discharged back to the grid, the blocks are lowered, harvesting the kinetic energy.

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Energy Vault, NTPC sign deal for gravity-based energy storage

Switzerland’s Energy Vault will support Indian state-run power producer NTPC by deploying its gravity-based energy storage technology and software solutions.

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Korea Zinc invests in gravity storage developer Energy Vault

Korea Zinc, non-ferrous metal smelting company, has agreed to invest $50 million in Energy Vault, a Switzerland-based gravity storage specialist, in order to use its tech to decarbonize its refining and smelting operations in Australia.

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CEMEX Ventures invests in Energy Vault to support rapid deployment of energy storage technology using concrete blocks

CEMEX Ventures, the open innovation and Corporate Venture Capital unit of CEMEX, announced today its investment in Energy Vault, an Idealab company that has developed a transformative technology to store energy. The new investment is further reinforced by plans to support rapid market adoption and deployment of Energy Vault’s technology through CEMEX’s strategic network.

Second-generation Powervault energy storage systems launched in the UK

The new product range, with enhanced features, has been launched at the same time as a Crowdcube crowdfunding campaign offering the opportunity to invest in the company as the storage market is expected to grow exponential.

Sunvault Energy and Aboriginal Power to build Canada's first self sustainable community

Sunvault Energy and Aboriginal Power Corp, an incubation company for Sunvault Energy (“APC”), announced today that they have entered into an agreement to acquire a 25% stake in Slatchinum Development Corporation (SDC) and to construct and operate Canada’s first self sustainable community and British Columbia’s largest Solar park. SDC has started work on the 200 home Subdivision within the City of Kelowna, BC, located next to Winfield, BC on Okanagan Band Land.

Sunvault Energy and Edison Power Sign Delaware Solar and Energy Storage Projects

Sunvault Energy and Edison Power Company announced today that they have signed a solar energy generation and large scale battery storage project in Delaware.

Sunvault Energy and Aboriginal Power Start Power Sales in Alberta

Sunvault and Aboriginal Power Corp are pleased to announce that the Company has started to sign up and accumulate customers under the incubation company partner Aboriginal Power Corp.

Sunvault Energy and Aboriginal Power Start Power Sales in Alberta

Sunvault and Aboriginal Power Corp are pleased to announce that the Company has started to sign up and accumulate customers under the incubation company partner Aboriginal Power Corp.

Sunvault Energy signs power utility agreement with Woodland Cree Nation

Sunvault Energy Inc. and Aboriginal Power Corp. (APC), an exclusive Incubation company of Sunvault Energy, are pleased to announce that APC has signed a Memorandum of Respectful Understanding with the Woodland Cree First Nation to create a power Utility.

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