Energy Vault to build100-MW hybrid gravity storage site in Italy

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Energy Vault | 8 August 2024

Switzerland-based energy storage specialist Energy Vault Holdings Inc (NYSE:NRGV) has been tapped to deploy a 100-MW hybrid gravity-based energy storage system at a mine owned by Sardinian state-run coal mining company Carbosulcis SpA which is designated to be transformed into a carbon-free technology hub.
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Energy Vault, Italian coal miner plan gravity + battery energy storage in old mine shafts

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