What is Rudong's EVX project?

The 25MW/100MWh project in Rudong, the company’s first commercial grid-scale project using its proprietary EVx gravity energy storage technology, was connected to the grid in December 2023, it announced last week (29 February). It can now start full commissioning of the project.

What is the Rudong project?

The Rudong project is the world's first commercial scale deployment of a non-pumped hydro, gravitational energy storage system. An anticipated 80% round trip efficiency puts the EVx™ ahead of competing long duration technologies such as flow battery, thermal, and compressed air energy storage.

Where is Energy Vault's EVX project located?

The company’s EVx project in China, the first commercial one it has deployed. Image: Business Wire. Energy Vault has started commissioning its first commercial EVx gravity energy storage project in Rudong, China, for Q4 commercial operation.

What is Energy Vault project?

Energy Vault Project (China, Rudong) - Groundbreaking of this first of its kind, gravity energy storage center was announced in May of 2022.

What is gravity & Energy Vault?

Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking. Gravitricity and Energy Vault have progressed their gravity energy storage solutions, with project updates in USA/Germany and China.

What is Energy Vault doing now?

It also revealed that the concrete foundations have been completed for the firm’s first gravity storage project in the US, in Georgia with Enel Green Power. Energy Vault now provides a range of energy storage solutions including battery storage and green hydrogen and is forecasting for US$325-425 million in revenues this year.