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Energy Vault Announces Five Additional EVx™ Gravity Energy Storage System Deployments in China

The Rudong EVx system (25 MW, 100 MWh, +35 years technical life) will be the world’s first commercial, grid-scale gravity energy storage system that offers an alternative to long technical life energy storage assets like pumped hydro plants, currently representing ~90% of global energy storage capacity
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Corre Energy launches global collaboration with Siemens Energy for multiday Compressed Air Energy Storage (CAES) that will support projects in North America

-Agreement provides framework to supply a standardised, scalable, multiday storage solution -USA and Canadian markets to benefit from highly advanced CAES technology -Positions Corre Energy to meet rapidly rising demand for long duration electricity storage, including a 280-megawatt storage project being developed in Texas
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TotalEnergies and Soltec obtain construction authorization for a 200 MW project in Murcia

• The plant will prevent the emission of over 3 million tons of CO2 into the atmosphere over its 30-year lifespan • The plant, with construction set to begin in 2024, will create more than 2,200 jobs, both direct and indirect, during its construction phase
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Stem and SB Energy Announce Technology and Commercial Alliance to Advance AI-Enabled Energy Management of Utility Scale Renewables

-Technology alliance to leverage Stem’s AI-driven software and SB Energy’s Digital Platform to deploy flexible, reliable, and cost-effective clean energy at scale. -Multi-year commercial agreement to span SB Energy’s development pipeline of 10 gigawatt hours (GWh) of energy storage projects.
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