The company is making headlines for receiving $100 million funding.
a storage capacity of up to 80 megawatt-hours and be able to continuously discharge 4 to 8 megawatts for 8 to 16 hours. soil and locally sourced waste. This also saves the emissions of transporting the heavy blocks from distant locations.
“The world is at a critical inflection point in the shift towards broader adoption of renewable energy sources. Energy Vault is accelerating this transformation as we now move to global deployments and market adoption of the technology to help energy providers and industrial customers more cost-effectively meet their sustainability and decarbonization goals," Robert Piconi, CEO and co-founder, Energy Vault concluded in a statement.
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