Energy Vault Achieves Milestone in China: Grid Interconnection and Expansion of Gravity Energy Storage Systems

Energy Vault Holdings, Inc. (NYSE: NRGV), a pioneer in sustainable, grid-scale energy storage solutions, recently achieved a significant milestone with the successful grid interconnection of its Rudong EVx system in December 2023. This achievement marks a crucial step forward in the company's expansion within China's energy sector. Alongside this, construction on three additional EVxTM gravity energy storage system (GESS) deployments has begun, signaling a robust growth trajectory for Energy Vault in one of the world's largest energy markets.