Energy Vault Wins Big With Gravity Storage In China

Energy Vault will license six additional EVx gravity energy storage systems in China just months after starting work on the world’s first GESS facility near Shanghai

The Energy Vault (NRGV) installation at Rudong, near Shanghai, is the first gravity energy storage system to be commissioned in the world. The EVx facility towers above the wind turbines whose energy it will store. (Courtesy, EnergyVault)

Energy Vault (NYSE: NRGV) will license six additional EVx gravity energy storage systems in China just months after s…