Energy storage developer and system integrator Energy Vault has released its Q1 2026 financial results, showing expansion in its project portfolio, AI infrastructure activities, and operations in Australia and Japan.
Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).
Venture capital (VC) funding in battery storage companies in the third quarter of 2020 was up 78% on the previous quarter, while total corporate funding in the sector for the first nine months of the year rose by 62% compared to the same period in 2019.
