Image:
Energy Vault plans to co-locate towers at renewable energy plants to create gravity-based energy storage systems | Credit: Energy Vault
Energy Vault claims its energy storage system will deliver baseload renewables at a lower cost than fossil fuels
Japan's SoftBank Vision Fund has made its first investment in the energy storage sector, announcing last night that it has ploughed $110m into energy storage firm Energy Vault. Energy Vault builds gravity-based...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
- Choose from 3 paid membership levels or start a 7-day no strings trial
