Rudong 25 MW/100 MWh EVx system, the world’s first commercial, grid-scale gravity energy storage system, successfully tested and commissioned by China Tianying (CNTY) on May 4 at celebration attended by Chen Huiyu, Secretary of the County Party Committee
Successful testing followed mechanical completion in September 2023 and successful state grid interconnection in December 2023; more than 3.7GWh of announced projects in China underway
Licensing agreement with Atlas Renewable for Energy Vault’s EVx gravity energy storage system (GESS) technology extended from 7.5 to 15 years