Startup Energy Vault Is Closer to Finishing Gravity Storage Project in China

Energy Vault | 18 May 2023

California startup Energy Vault Holdings Inc. is nearing completion of its first major power-storage project, one of the only systems in the world to generate electricity using gravity.

The project in Rudong, China, north of Shanghai, will be finished by September, Chief Executive Officer Robert Piconi said Wednesday in an interview at Bloomberg’s New York headquarters...

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