After the SPAC: Why storage company Energy Vault pivoted after going public

Struto

Energy Vault | 2 February 2026

The company shifted from gravity storage to lithium-ion storage — and after years of turmoil, secured infrastructure financing in October.
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Energy Vault announces the Award of 100 MW / 870 MWh Long-Term Energy Service Agreement to its Development Partner in AustraliaShare

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