Energy Vault

Energy Vault to Present Full Suite of Sustainable Energy Storage Solutions at 2023 RE+ Conference

Retrieved on: 
Monday, September 11, 2023
Environment, Utilities, Sustainability, Alternative Energy, Green Technology, Energy, Venetian, Maintenance, PSPS, Risk management, Intelligence, Erongo Battery Energy Storage System, AC, Energy Vault, PG, Vault, GESS, EMS, RE, Architecture, AI, ROI, Conference, NYSE, Energy management system, BESS, Software, Renewable energy, Video game

Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, will be presenting its full suite of sustainable energy storage solutions and products at the RE+ conference in Las Vegas, Nev. from September 12-14, 2023, at The Venetian Convention & Expo Center.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, will be presenting its full suite of sustainable energy storage solutions and products at the RE+ conference in Las Vegas, Nev. from September 12-14, 2023, at The Venetian Convention & Expo Center.
  • Energy Vault representatives will brief RE+ attendees on the Company’s transformative energy storage hardware, software and solutions designed to meet customers’ unique needs for short, long, and ultra-long duration energy storage.
  • With modern architecture, Energy Vault’s tech stack unlocks the value of energy storage solutions by continuously optimizing grid integration as use cases evolve over time.
  • B-VAULT™ – Engineered to meet short duration energy storage needs, B-VAULT™ is a suite of fully integrated Battery Energy Storage Systems (BESS) designed for reliability, flexibility and availability.

Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08

Retrieved on: 
Friday, September 1, 2023
Other Energy, Environment, Utilities, Sustainability, Green Technology, Energy, Employment, New York Stock Exchange, NYSE, Energy Vault, Compensated emancipation

Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that on August 28, 2023, the Compensation Committee of Energy Vault’s Board of Directors granted restricted stock unit awards covering an aggregate of 229,556 shares of its common stock to 15 new, non-executive employees under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, the “Inducement Award Plan”).

Key Points: 
  • Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that on August 28, 2023, the Compensation Committee of Energy Vault’s Board of Directors granted restricted stock unit awards covering an aggregate of 229,556 shares of its common stock to 15 new, non-executive employees under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, the “Inducement Award Plan”).
  • The restricted stock units were granted as inducements material to the employees entering into employment with Energy Vault in accordance with New York Stock Exchange Listing Rule 303A.08.
  • The Inducement Award Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Energy Vault, or following a bona fide period of non-employment, as an inducement material to such individuals’ entering into employment with Energy Vault, pursuant to New York Stock Exchange Listing Rule 303A.08.
  • The restricted stock units are subject to the terms and conditions of the Inducement Award Plan and the terms of the restricted stock unit award agreement covering the grant.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Energy Vault Holdings, Inc. and Encourages Long-Term NXU / NRGV Investors to Contact the Firm

Retrieved on: 
Wednesday, August 16, 2023
Class Action Lawsuit, Professional Services, Legal, SPAC, NYSE, Acquisition, Energy, Energy Vault, Cryptocurrency, Financial adviser

Kaskela Law LLC announces that it is investigating Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”) on behalf of the company’s long-term investors.

Key Points: 
  • Kaskela Law LLC announces that it is investigating Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”) on behalf of the company’s long-term investors.
  • The current company was formed in February 2022 via a business combination with SPAC entity Novus Capital Corporation II (NYSE: NXU), with Energy Vault as the surviving, publicly traded entity.
  • Energy Vault investors who purchased or acquired shares of NXU / NRGV stock prior to January 4, 2022 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

KORE Power Announces Major Offtake Agreement with Energy Vault for Domestic Batteries Starting in 2025

Retrieved on: 
Wednesday, August 9, 2023
Environment, Other Energy, Chemicals, Plastics, Environmental Health, Utilities, Manufacturing, Alternative Energy, Sustainability, Energy, Quanta, Siemens Financial Services, Senior, Quanta Services, U.S. Department of Defense Strategy for Operating in Cyberspace, KORE, Energy Vault, LFP, LPO, Advanced Technology Vehicles Manufacturing Loan Program, Cell, NMC, Economics, IRA, Honeywell, Kilowatt-hour, ATVM, News, Corporate development, Electric battery, Renewable energy

KORE Power, Inc. (KORE) has been selected by Energy Vault to deliver domestically produced batteries starting in 2025, when phase one of the KOREPlex facility in Arizona comes online.

Key Points: 
  • KORE Power, Inc. (KORE) has been selected by Energy Vault to deliver domestically produced batteries starting in 2025, when phase one of the KOREPlex facility in Arizona comes online.
  • In the first phase of the agreement with Energy Vault, KORE Power will manufacture the batteries at its KOREPlex facility in Buckeye, AZ.
  • “Energy Vault sought a strategic domestic battery manufacturing partner that would provide an advantage to our grid-scale energy storage solution customers,” said Marco Terruzzin, Chief Commercial & Product Officer, Energy Vault.
  • “We see KORE Power leading the way as one of the first independent domestic manufacturers,” said Kevin Keough, Senior Vice President of Corporate Development, Energy Vault.

Energy Vault Reports Second Quarter 2023 Earnings Results

Retrieved on: 
Tuesday, August 8, 2023
Alternative Energy, Energy, Other Energy, Utilities, Q3, Q&A, Electronics, State Grid Corporation of China, Energy management software, Plug Power, William W. Powers State Recreation Area, SGCC, PG, Energy Vault, Kilowatt-hour, Vehicle registration plates of Nepal, The Electric Company, EBITDA, Growth, Pacific Gas and Electric Company, PG&E, NYSE, Safety, Renewable energy, Electric battery

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the second quarter ended June 30, 2023.
  • Robert Piconi, Chairman and CEO of Energy Vault, stated, “I am pleased with our continued progress this quarter with our primary focus on project execution to customer and contractual commitments on our first energy storage systems.
  • The system is based on Energy Vault Solutions’ (“EVS”) proprietary system design and EVS’s Energy Management Software for optimal economic dispatching.
  • Energy Vault will host a conference call today, August 8, 2023 at 8:30 AM ET to discuss the results, followed by a Q&A session.

Energy Vault Announces Commencement of Commissioning of World’s First EVx™ Gravity Energy Storage System

Retrieved on: 
Tuesday, August 1, 2023
Environment, Commercial Building & Real Estate, Construction & Property, Other Energy, Utilities, Sustainability, Building Systems, Green Technology, Energy, Other Construction & Property, Electronics, Policy, National Development and Reform Commission, RTE, Compressed air, Multimedia, COVID, Energy Vault, Carbon, Wind, GESS, Vehicle registration plates of Nepal, Climate change, NYSE, Renewable energy

Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced, along with its partners Atlas Renewable and China Tianying (CNTY), that the world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced, along with its partners Atlas Renewable and China Tianying (CNTY), that the world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning.
  • The system is expected to be fully grid interconnected in Q4 as planned with local state grid authorities, making EVx the world’s first commercial, utility scale non-pumped hydro gravity energy storage system.
  • While this represents a significant milestone, our work in China is just beginning given recent local announcements of multi-GW hours of gravity energy storage buildouts, including projects announced in 2022 supporting China’s “Zero-carbon parks” initiative with Energy Vault’s gravity energy storage technology.
  • The document highlights the substantial surge in demand for renewable energy sources and emphasizes the indispensable role of gravity energy storage in the crucial mission of global decarbonization.

REPT BATTERO expands Global Market for Wending 320Ah Cells with World's First Triple TÜV Certificates

Retrieved on: 
Friday, July 28, 2023
Energy Vault, Certification, Cell, IEC, Wende Museum, Hand, Safety, Renewable energy, Medical device

BEIJING, July 28, 2023 /PRNewswire/ -- REPT BATTERO, a leading innovator in energy storage solutions, announces the acquirement of three prestigious international certificates from TÜV Rheinland, Germany, namely, UL 1973, UL 9540A, and IEC 62619, for their groundbreaking Wending 320Ah Energy Storage Cells. With these certificates, REPT BATTERO has achieved a significant milestone, positioning itself as a pioneer in the industry and enabling mass production of 320Ah batteries, effectively providing access to global markets.

Key Points: 
  • With these certificates, REPT BATTERO has achieved a significant milestone, positioning itself as a pioneer in the industry and enabling mass production of 320Ah batteries, effectively providing access to global markets.
  • Additionally, REPT BATTERO signed a substantial 10GWh liquid-cooled energy storage cell supply agreement with US energy storage tech developer Energy Vault.
  • These certificates validate that REPT BATTERO's Wending 320Ah Cells fully comply with global safety regulations, positioning the company as a trusted and reliable energy storage solutions provider worldwide.
  • With these certificates in hand, REPT BATTERO is now well-equipped to make a significant breakthrough in the energy storage industry.

REPT BATTERO expands Global Market for Wending 320Ah Cells with World's First Triple TÜV Certificates

Retrieved on: 
Friday, July 28, 2023
Energy Vault, Certification, Cell, IEC, Wende Museum, Hand, Safety, Renewable energy, Medical device

BEIJING, July 27, 2023 /PRNewswire/ -- REPT BATTERO, a leading innovator in energy storage solutions, announces the acquirement of three prestigious international certificates from TÜV Rheinland, Germany, namely, UL 1973, UL 9540A, and IEC 62619, for their groundbreaking Wending 320Ah Energy Storage Cells. With these certificates, REPT BATTERO has achieved a significant milestone, positioning itself as a pioneer in the industry and enabling mass production of 320Ah batteries, effectively providing access to global markets.

Key Points: 
  • With these certificates, REPT BATTERO has achieved a significant milestone, positioning itself as a pioneer in the industry and enabling mass production of 320Ah batteries, effectively providing access to global markets.
  • Additionally, REPT BATTERO signed a substantial 10GWh liquid-cooled energy storage cell supply agreement with US energy storage tech developer Energy Vault.
  • These certificates validate that REPT BATTERO's Wending 320Ah Cells fully comply with global safety regulations, positioning the company as a trusted and reliable energy storage solutions provider worldwide.
  • With these certificates in hand, REPT BATTERO is now well-equipped to make a significant breakthrough in the energy storage industry.

Energy Vault Schedules Conference Call to Discuss Second Quarter 2023 Financial Results

Retrieved on: 
Monday, July 24, 2023
Alternative Energy, Energy, Utilities, Energy Vault, NYSE, Entertainment

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the second quarter ended June 30, 2023 on Tuesday, August 8, 2023 followed by a conference call at 8:30 AM ET.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the second quarter ended June 30, 2023 on Tuesday, August 8, 2023 followed by a conference call at 8:30 AM ET.
  • Participants may access the call at 1-877-704-4453, international callers may use 1-201-389-0920, and request to join the Energy Vault Holdings earnings call.
  • A telephonic replay of the call will be available shortly after the conclusion of the call and until August 22, 2023.
  • An archived replay of the call will also be available on the investors portion of the Energy Vault website at https://investors.energyvault.com/ .

NRGV ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of the Merger of Energy Vault Holdings, Inc. and Novus Capital Corporation II

Retrieved on: 
Tuesday, July 18, 2023
Person, Novus, Telephone, LLP, NYSE, Levi, Energy Vault, Holding company

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger between Energy Vault and Novus Capital Corporation II ("Novus").

Key Points: 
  • You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger between Energy Vault and Novus Capital Corporation II ("Novus").
  • Shortly after the merger closed, Energy Vault stock began spiraling downwards.
  • To learn more about the action and your rights, go to:
    or contact Joseph E. Levi, Esq.
  • The Energy Vault merger investigation concerns whether the Board of Novus harmed stockholders by agreeing to enter into this transaction and whether all material facts were properly disclosed to stockholders.