NRGV
Energy VaultยทNYSE
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NRGV Profile
Energy Vault Holdings, Inc.
A sustainable, grid-scale energy storage solutions provider
Electrical equipment
09/29/2020
03/29/2021
New York Stock Exchange
158
12-31
Common stock
4360 Park Terrace Drive, Suite 100, Westlake Village, California, 91361
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Energy Vault Holdings, Inc., a company incorporated in Delaware on September 29, 2020. Energy Vault develops sustainable grid-scale energy storage solutions designed to drive the transition to a carbon-free, resilient grid. Energy Vault's mission is to accelerate the decarbonization of the economy by developing sustainable and economical energy storage technologies. To achieve this, Energy Vault is developing a proprietary gravity-based energy storage technology. Energy Vault is also designing artificial intelligence-based proprietary energy management software, advanced optimization algorithms designed to control and optimize the entire energy system, and a flexible energy storage integration platform for multiple duration storage technologies. Energy Vault's product platform is designed to help utilities, independent power producers and large energy users significantly reduce their levelized energy costs while maintaining power reliability.
