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First quarter 2022 revenue of $42.9 million, driven by the $50.0 million licensing and royalty agreement with Atlas Renewable. GAAP operating income of $20.8 million. GAAP net loss of $20.1 million impacted by one-time IPO transaction costs of $20.6 million and a non-c...
U.S. benchmark oil closed Friday at its highest level since March 25, with an end-of-the-week surge that pushed WTI crude (CL1:COM) to a 0.7% weekly gain at $110.49/bbl. But the modest gain in the commodity was not enough to lift the S&P energy sector (NYSEARCA:XLE) into positive territor...
First project site in Louisiana upsized and expanded to a potential of 1,168 MWh, which reflects a capacity increase versus previous scope of 500 MWh for behind-the-meter green hydrogen production Adds up to $217 million of potential project revenue to the previously announced...
Gainers: Stabilis Solutions (SLNG) +13%. Boise Cascade (BCC) +7%. Losers: Energy Vault Holdings (NRGV) -25%. Indonesia Energy Corporation (INDO) -21%. Centrus Energy (LEU) -20%. Mesa Royalty (MTR) -19%. Nabors Industries (NBR) -17%. For further details see: Boise Cascade among...
Energy Vault (NRGV) stock tumbled 27% on Monday during a bearish day for the broader market. Shares of the energy storage solutions company opened at $11.75. The stock recently changed hands at $10.23, down 27%, at approximately 11:40 a.m. ET. Energy Vault went public on Feb. 11 through a mer...
Construction underway since March 2022 for the first 100 MWh EVx system to support grid resiliency and delivery of renewable energy to the Chinese national grid Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable, grid-scale ener...
MOU governs the formalization of a long-term strategic partnership for the deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions to support NTPC’s clean energy transition Energy Vault Holdings, Inc. (NYSE: NRGV,...
Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the first quarter ended March 31, 2022 on Monday, May 16, 2022 followed by a conf...
New executives strengthen the internal infrastructure build-out, enable operational excellence, and support execution of Energy Vault’s global growth strategy Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault), a leader in sustainable, grid-scale...
Gainers: Zymergen (ZY) +10%, Summit Midstream Partners (SMLP) +9%, Lightwave Logic (LWLG) +8%, Cadiz (CDZI) +7%, New Found Gold (NFGC) +7%. Losers: Enservco ENSV -13%, Energy Vault (NRGV) -12%, Gold Fields (GFI) -10%, Borr Drilling (BORR) -10%, Houston American Energy...
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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...