JUPITER POWER AND ENERGY VAULT SIGN LETTER OF INTENT TO SECURE 2.4 GWH OF DOMESTIC-CONTENT-QUALIFIED BATTERY ENERGY STORAGE SYSTEMS

Energy Vault®

Enabling a Renewable World™

Energy Vault® develops and deploys sustainable energy storage solutions designed to transform the world's approach to utility-scale energy storage in realizing decarbonization while maintaining grid resiliency. The company's proprietary gravity-based energy storage technology, battery storage technology, and energy storage management and integration platform are intended to help utilities, independent power producers and large industrial energy users significantly reduce their levelized cost of energy while maintaining power reliability. Utilizing eco-friendly materials with the ability to integrate waste materials for beneficial re-use, Energy Vault® is facilitating the shift to a circular economy while accelerating the clean energy transition for our customers.

Values

Champions of Sustainable Energy

Commitment to Clean & Affordable Energy

Energy Vault set out to solve the vexing challenge of how to affordably extend the environmental benefit and economic value of variable renewable energy through sustainable energy storage and management solutions.

Passion for Innovation

We are innovation pioneers who understand the need for new and unique thinking to solve the challenges of decarbonizing our planet. Our proprietary designs and highly-scalable architecture have a flexibility profile that is unique to the industry.

Dedication to Responsible Production

Our commitment to sustainability is reflected in our relentless supply chain management strategy and continuous circularity approach to production design focused on reducing the carbon footprint of our solutions.

Global Partnership

Securing a clean energy future requires global, inclusive partnership.  Energy Vault is in partnership with the industry’s premier technology suppliers and strategic customers that all share our passion for making our customers successful, abundant clean energy available, and a world powered by renewable resources a reality.

Technology Solutions

SUPPORTING COST EFFECTIVE
ABUNDANT CLEAN ENERGY

Energy Vault® is a full-service energy storage provider specialized in both hardware and software solutions. Energy Vault® offers a diverse technology portfolio of turnkey energy storage products for both short and long durations, delivering valuable grid scale energy storage solutions to help utilities, independent power producers and large industrial energy users significantly reduce the levelized cost of energy while maintaining power reliability.

LONG DURATION STORAGE

Energy Vault® LDES (long duration energy storage) solutions are ideally suited for use cases requiring four or more hours of energy storage capacity.

SHORT DURATION STORAGE

Energy Vault® SDES (short duration energy storage) solutions are ideally suited for use cases requiring less than four hours of energy storage capacity.

SOFTWARE SOLUTIONS

Energy Vault® software solutions are designed to deliver optimized performance and dispatch across a multi-technology fleet of energy storage and generation assets

Energy Vault® LDES (long duration energy storage) solutions are ideally suited for use cases requiring four or more hours of energy storage capacity.

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Energy Vault® LDES solutions are based on proprietary gravity energy technology and ideally deployed for use cases requiring 4 or more hours of storage capacity. Energy Vault® Gravity Energy Storage Systems (GESS) solutions utilize a mechanical process of lifting and lowering composite blocks to store and dispatch electrical energy. Our proprietary technology offers LDES at a cost-competitive price to support grid reliability and enable renewable energy integration. Energy Vault® GESS solutions can be deployed as stand-alone storage or paired with generation in a hybrid configuration.

 

Energy Vault® SDES (short duration energy storage) solutions are ideally suited for use cases requiring less than four hours of energy storage capacity.

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Energy Vault® SDES solutions are designed for use cases requiring up to 4 hours of storage capacity and are enabled by our technology-neutral software platform. Energy Vault® SDES solutions incorporate various technologies including our proprietary AC block architecture for lithium-ion based battery energy storage system (BESS). Optimized for industrial and utility-scale deployments, Energy Vault® BESS architecture is designed to maximize energy density with a unique modular form factor selected to streamline site installation and deployment.

 

Energy Vault® software solutions are designed to deliver optimized performance and dispatch across a multi-technology fleet of energy storage and generation assets

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Energy Vault® technology-neutral software solutions are designed to support real-time remote monitoring, operational control, and AI-enabled dispatch optimization across an array of energy storage and energy generation assets. At the site level, the Energy Vault® Energy Management System (EMS) coordinates all equipment controls to provide a cohesive operational plant view and to facilitate continuous data collection and analysis. Secure cloud-based monitoring and performance optimization can be applied behind the meter at a single site, as well as across an asset portfolio of multiple sites to enable fleet-wide control. Integrated smart bidding software utilizes machine learning algorithms to match node-specific data with real-time weather and asset performance information to generate tailored load, generation, dispatch, and price forecasting across all assets.

 

For more information

Contact us

Looking for more information? Contact Energy Vault with interest in products, partnerships, opportunities, and support.