Search Results for: energy vault

Energy Vault To Be Listed On The NYSE

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]

Renault & Powervault Partner To Reuse Electric Car Batteries In Home Energy Storage Units

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.

Powervault Launches New Home Energy Storage Range

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]