Energy Vault is solving a global problem: how to store renewable energy in both an economical and sustainable way to end the world’s reliance on fossil fuels. The company is distinctive because it accomplishes this goal in a cost-effective manner, without the geological constraints of traditional solutions, and with a unique approach to the circular economy. Power generation will shift to renewables quickly in the next two decades – and the market for renewable energy storage will correspondingly burgeon – making utility-scale energy storage crucial for communities of all sizes. Their team is packed with energy industry experts, positioning them as a market leader in grid-scale energy storage.
Energy Vault set out to solve the vexing challenge of how to extend affordably the environmental benefit and economic value of variable renewable energy through sustainable energy storage and management solutions. Our sustainable and agile energy storage solutions are driving a faster journey to a carbon-free environment. Utilities, independent power producers and large industrial energy users benefit from low-cost renewable energy at any time with Energy Vault’s grid-scale storage solution overcoming the inherent intermittency of renewable resource generation.
We are a team of innovation pioneers who understand the need for new and unique thinking to solve the challenges of decarbonizing our planet. Our proprietary designs and highly scalable architecture have a flexibility profile that is unique to the industry; providing our customers with the ability to cost effectively address immediate needs and the assurance of a “future-proofed” investment with the capability to easily adapt as their clean energy journey progresses.
We have grown from 3 co-founders in 2018 to over 200 employees worldwide. We have several gravity, battery, and green hydrogen energy storage systems being constructed in 2023.
Westlake Village, CA
Tysons Corner/Vienna, VA
IT & Security
Acctg. & Finance
Sales & BD
Softbank, IdeaLab, Prime Movers Lab, Helena