I was recently invited to interview Energy Vault Chairman, Co-Founder, and CEO Robert Piconi, who shared some of the latest achievements about Energy Vault and what sets it apart from its competitors in the energy storage industry. Energy Vault’s mission is to accelerate the decarbonization of our planet by introducing … [continued]
Energy Vault, which recently raised $100 million in Series C funding, has achieved another milestone. The technology company, which uses gravity-based grid-scale energy storage to accelerate global decarbonization, will be listed on the New York Stock Exchange (NYSE) through a merger with Novus Capital Corporation II. The two companies jointly … [continued]
Energy Vault, a creator of gravity and kinetic energy-based, long-duration energy storage solutions, is focused on transforming how the world delivers reliable and sustainable electricity. The company recently announced that it raised $100 million in Series C funding. The funding was led by Prime Movers Lab in combination with existing … [continued]
Softbank has invested $110 million in Energy Vault, a start-up that plans to undercut the cost of battery storage by raising and lowering hundreds of concrete blocks weighing 35 metric tons apiece.
Swiss startup Energy Vault has devised an energy storage system that uses blocks of concrete weighing 35 tons a piece. It uses off the shelf technology but uses a new process to make the concrete blocks for a fraction of the cost of regular concrete.
Two new reports on the US wind energy sector indicate falling prices and strong growth, with a glimmer of hope for fans of micro wind turbines.
Renault and Powervault have formed a fresh partnership for reuse of electric vehicle (EV) batteries in home energy storage units. The collaboration will cut costs considerably — Renault reports the partnership will reduce the cost of a Powervault smart battery unit by 30%. That’s a tidy sum that might propel Powervault and home energy storage ahead with no turning back — to the tipping point of a mass-market rollout of home energy storage in the UK. We’ll see.
British energy storage start-up Powervault has launched its new range of home energy storage, which is equipped to help save consumers billions of pounds in energy bills. Headquartered in London, Powervault bills itself as manufacturing the country’s “first fully-integrated solar energy storage system for the home.” The start-up, which started … [continued]
Originally published on Solar Love. Powervault, a London company, recently raised £700,000 (over $1,000,000) from a CrowdCube campaign in under 4 days. £200,000 ($315,000) came from the London Co-Investment fund and an additional £100,000 ($157,000) from Future Matters. The company intends to compete head to head with the Tesla Powerwall … [continued]
There they go again: right when the U.S. military completes yet another project to reduce CO2 emissions, the fossil fuel industry plays Debbie Downer. This week’s matchup involved our own U.S. Air Force, which has just announced its latest solar power installation with cheery pride, versus an industry group called … [continued]
