The letter provides extensive new photos of the progress made at the Company’s first EVx deployment and details developments with key stakeholders across China and Mongolia
Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, today announced it has published a shareholder letter from Chairman and Chief Executive Officer, Robert Piconi, outlining details of a recent visit to China and Mongolia.
This letter provides updates on the first deployment of the Company’s groundbreaking EVx™ gravity energy storage system in China along with exciting developments on management’s engagement with key stakeholders during the visit, including political, investment, and corporate officials.
To read the shareholder letter titled “From Rudong to Beijing to Mongolia: My Insights from Energy Vault's Recent Trip to China and the site of the first EVx gravity energy storage system” please follow the link here or visit www.energyvault.com.
About Energy Vault
Energy Vault® develops and deploys utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage. The Company's comprehensive offerings include proprietary gravity-based storage, battery storage, and green hydrogen energy storage technologies. Each storage solution is supported by the Company’s hardware technology-agnostic energy management system software and integration platform. Unique to the industry, Energy Vault’s innovative technology portfolio delivers customized short-and-long-duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. Utilizing eco-friendly materials with the ability to integrate waste materials for beneficial reuse, Energy Vault’s EVx™ gravity-based energy storage technology is facilitating the shift to a circular economy while accelerating the global clean energy transition for its customers. Please visit www.energyvault.com for more information.
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