Energy Vault is a Swiss-based, global technology company and creator of the world’s first economical, utility-scale gravity-based energy storage system (GESS) that is not dependent on land topography or underground geology.
Energy Vault’s transformative energy storage technology enables renewables to deliver – for the first time – around-the-clock baseload power for less than the cost of existing, full amortized fossil fuel plants. Our ready-to-deploy storage solution combines the principles that underpin traditional gravity-based pumped hydro plants with a revolutionary system design that includes a 6-arm crane and 7,000 composite bricks, all orchestrated with a proprietary, machine vision AI-software platform that autonomously manages the movement of the bricks to charge/discharge electricity.
Energy Vault’s commitment to sustainability is reflected in its design which uniquely utilizes industrial waste (i.e. coal ash/ wind blades) converted to beneficial use materials for 95% of the system’s brick materials. Energy Vault has a technology partnership with CEMEX to design the proprietary composite material for Energy Vault’s storage tower mobile masses. Please refer to the following videos for more information on this relationship.