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2023-06-27 17:17:21 ET Summary Grids based largely on renewables are coming and so is energy storage, which is currently dominated by lithium ion batteries which cope with storage up to 4 hours. Attention is focusing on longer duration (6-24 hour) energy storage and new ways of ac...
ATLANTA, June 26, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global engineering design and manufacturer of highly engineered equipment servicing multiple applications in the clean energy and industrial gas markets, announced that Energy Vault H...
2023-06-23 20:00:16 ET Crude oil suffered its biggest weekly decline since early May following a flurry of central bank interest rate increases around the world and as the Federal Reserve signaled more potential rate hikes ahead, sparking fears of a global economic downturn. There were ...
2023-06-20 13:55:11 ET Summary Battery Energy Storage is in good shape with lithium batteries for short-term (0-4 hr) storage; flow batteries showing promise for 6-24 hr storage and scaling up. Lockheed Martin building a 10 MWh facility at military base in Colorado, while ESS stru...
2023-06-11 03:26:51 ET Summary Energy Vault is trading at a roughly 1x forward price-to-sales multiple even as the adoption of its GESS technology ramps up. The company is down roughly 75% over the last 12 months due to broader market sentiment that went sour on loss-making compan...
2023-06-08 14:19:56 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Over the last two years, much of the developed world has started to see hydrogen as a key means of reducing carbon emissions. As a result, many companies and governments are investing tremendou...
2023-06-02 19:35:19 ET Crude oil prices climbed Friday alongside risk assets, with attention focusing on the OPEC+ meeting Sunday in Vienna, where ministers will decide whether to give existing production cuts more time to take effect, or take further pre-emptive action to lift prices. ...
2023-05-26 18:50:12 ET Gasoline at the pump this Memorial Day weekend will cost U.S. consumers ~$1.00 per gallon less than at the same time last year, driven by weak demand for fuel and low oil prices. Nationally, a gallon of gas averaged $3.57 on Friday , down from $4.59 a year ago...
2023-05-17 15:57:15 ET Energy Vault Holdings ( NYSE: NRGV ) +16.6% in Wednesday's trading after CEO Robert Piconi told Bloomberg it will complete its first major power storage project , in Rudong, China, by September. Energy Vault ( NRGV ) uses electric motors to ele...
Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that Bleecker Street Research has issued retractions and corrections to its December 2, 2022 short seller report about Energy Vau...
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Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the second quarter ended June 30, 2024 on Tuesday, August 6, ...
ACEN Australia and Energy Vault to begin deployment of two battery energy storage systems (BESS), with a total capacity of 200 MW/400 MWh, at ACEN Australia’s 720 MW New England Solar project The project will be built using the most advanced grid-forming inverter technology which c...
Energy Vault is partnering with leading architecture and engineering firm SOM to design the future of sustainable building architectures that enable accelerated carbon paybacks for the first time Energy Vault recently unveiled next generation of G-VAULT ™ gravity energy...