Energy Vault has provided a dizzying variety of updates in its Q3 results, covering European battery storage, a green hydrogen system, a new CFO and its gravity-based energy storage deployments in the US and China.
Gravity energy storage company Energy Vault’s battery storage division has been contracted to work on a 250MW two-hour duration project at a solar PV plant in Victoria, Australia.
Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.
Gravity-based energy storage company Energy Vault is to immediately begin deploying a previously-announced 275MWh battery storage system project in California for Wellhead Electric and W Power.
Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.
The Long Duration Energy Storage Council, the organisation formed last year to push for the global deployment of eight-hour-plus duration storage technologies, has elected its first board of directors.