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Energy Vault signs gravity storage deal covering southern Africa

Written by Energy Vault | Feb 5, 2024 1:12:22 PM

Under a new 10-year agreement, Gravity Energy Storage Solutions (GESSOL) has secured the rights to deploy Energy Vault’s gravity energy storage tech throughout the 16 nations of the Southern African Development Community region. Energy Vault CEO Robert Piconi says the deployments will smooth out load shedding and optimize grid performance.