“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.
John Engel is the Content Director for Renewable Energy World. For the past decade, John has worked as a journalist across various mediums -- print, digital, radio, and television -- covering sports, news, and politics. He lives in Asheville, North Carolina with his wife, Malia.
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