Energy Vault Comes up with New Energy Storage Technology

The Tata Power Company to deploy an initial 35 MWh Energy Vault system planned for 2019; CEMEX partnership will support rapid adoption and deployment of Energy Vault’s unique storage solution

Energy Vault, an Idealab company that creates renewable energy storage products, today announced the commercial availability of its groundbreaking solution. Based on the principles that underpin traditional gravity-based pumped hydro plants, the new technology combines conventional physics fundamentals of potential and kinetic energy with a proprietary, cloud-based software platform to operate a newly developed six-arm crane. The crane operation is fully automated and orchestrates the positioning of the massive concrete bricks that provide the basis for the efficient storage and discharge... ... More: Official Press Release Energy Vault

Keywords:

Energy Vault, energy storage, crane, wind farm, Tata Power Company, storage, battery