Energy Vault Announces Five Additional EVx Gravity Energy Storage System Deployments in China
Energy Vault Holdings Inc. NYSE NRGV Energy Vault or the Company a leader in sustainable gridscale energy storage solutions today announced that five new EVx gravity energy storage systems GESS will be deployed by China Tianying Inc. CNTY CN 000035 under the Companys previously announced licensing and royalty agreement with Atlas Renewable which includes a 5 project revenue royalty associated with each project.