Energy Vault

Energy Vault is a global energy storage company that specializes in gravity-based, battery, and green hydrogen technologies for utility-scale applications. Founded in 2017, the company aims to enhance grid reliability and sustainability through innovative long-duration energy storage solutions. It is publicly traded on the NYSE under the ticker NRGV. The company offers a range of products, including its gravity-based storage system, EVx™, which uses composite blocks to store potential energy. Energy Vault also provides lithium-ion battery storage solutions and integrates green hydrogen storage for long-duration needs. Their energy management software optimizes energy dispatch across various hybrid systems. Energy Vault focuses on using eco-friendly materials and principles of the circular economy, collaborating with industries to repurpose waste materials into energy storage components. The company is committed to reducing energy costs while supporting the transition to decarbonized grids.