
Energy Vault valued at $1.1 billion after merger

“We developed our energy storage solution to get to market quickly given the urgent and global imperative to accelerate the decarbonization of the energy sector," Piconi said in a statement. "Through the deployment of our transformative technology, which can store clean energy for grid-scale deployments while uniquely utilizing waste materials for beneficial reuse in the process, Energy Vault is re-defining the role that energy storage companies can and should play within a circular economic framework."
Energy Vault storage systems have a technical life of 35 years.
Renewables permitting has been ‘paralyzed’ by Trump – This Week in Cleantech
This Week in Cleantech is a weekly podcast covering the most impactful stories in cleantech and climate in 15 minutes or less.
Redefining microgrids: A vision for dynamic grid control
Erik Amundson, vice president of microgrid engineering and chief technology officer at OATI, provided insights into the evolving role of microgrids during the OATI Energy…